Barrington Research Increases Quad/Graphics (NYSE:QUAD) Price Target to $8.50

Quad/Graphics (NYSE:QUAD) had its price target hoisted by equities research analysts at Barrington Research from $8.00 to $8.50 in a report released on Friday, MarketBeat.com reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Barrington Research’s price objective indicates a potential upside of 76.72% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on the company. TheStreet raised Quad/Graphics from a “d+” rating to a “c” rating in a research report on Wednesday, February 14th. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Monday, April 29th.

Quad/Graphics Stock Up 3.2 %

Quad/Graphics stock opened at $4.81 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.52 and a debt-to-equity ratio of 5.38. Quad/Graphics has a 1-year low of $2.68 and a 1-year high of $6.75. The firm’s fifty day simple moving average is $5.08 and its 200-day simple moving average is $5.11. The company has a market capitalization of $251.47 million, a P/E ratio of -3.85 and a beta of 1.65.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, February 20th. The business services provider reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.10. The company had revenue of $787.90 million during the quarter, compared to analysts’ expectations of $758.40 million. Quad/Graphics had a positive return on equity of 18.67% and a negative net margin of 2.07%. During the same quarter in the previous year, the firm earned $0.41 earnings per share. Sell-side analysts forecast that Quad/Graphics will post 0.74 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Janney Montgomery Scott LLC bought a new position in Quad/Graphics during the third quarter worth $351,000. Allspring Global Investments Holdings LLC raised its position in shares of Quad/Graphics by 258.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 20,574 shares of the business services provider’s stock valued at $103,000 after buying an additional 14,829 shares during the last quarter. Stokes Family Office LLC raised its position in shares of Quad/Graphics by 50.8% during the third quarter. Stokes Family Office LLC now owns 25,641 shares of the business services provider’s stock valued at $129,000 after buying an additional 8,637 shares during the last quarter. Panagora Asset Management Inc. bought a new stake in shares of Quad/Graphics in the third quarter valued at about $302,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Quad/Graphics during the third quarter worth about $69,000. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.