Quad Graphics’ (QUAD) Outperform Rating Reiterated at Barrington Research

Barrington Research restated their outperform rating on shares of Quad Graphics (NYSE:QUAD) in a research note published on Tuesday morning,Benzinga reports. The brokerage currently has a $10.00 price objective on the business services provider’s stock.

Several other analysts also recently commented on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $8.90 price objective on shares of Quad Graphics in a research note on Friday, June 6th. Wall Street Zen raised Quad Graphics from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 2nd.

Quad Graphics Trading Up 5.0%

NYSE:QUAD opened at $5.33 on Tuesday. The stock has a 50-day simple moving average of $5.58 and a 200-day simple moving average of $5.81. The stock has a market cap of $269.50 million, a P/E ratio of -16.64 and a beta of 1.40. Quad Graphics has a 1 year low of $4.06 and a 1 year high of $9.13. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.66 and a current ratio of 0.96.

Quad Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, July 29th. The business services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $571.90 million during the quarter, compared to analysts’ expectations of $555.05 million. Quad Graphics had a positive return on equity of 76.83% and a negative net margin of 0.55%. As a group, analysts anticipate that Quad Graphics will post 1.08 earnings per share for the current fiscal year.

Quad Graphics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Monday, August 18th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Monday, August 18th. Quad Graphics’s dividend payout ratio is -93.75%.

Institutional Investors Weigh In On Quad Graphics

Hedge funds have recently made changes to their positions in the business. CWM LLC boosted its holdings in shares of Quad Graphics by 1,730.1% during the first quarter. CWM LLC now owns 5,106 shares of the business services provider’s stock worth $28,000 after purchasing an additional 4,827 shares during the last quarter. Algert Global LLC purchased a new stake in Quad Graphics during the first quarter valued at about $66,000. Nisa Investment Advisors LLC grew its position in Quad Graphics by 52,512.0% during the second quarter. Nisa Investment Advisors LLC now owns 13,153 shares of the business services provider’s stock valued at $74,000 after acquiring an additional 13,128 shares during the period. Marshall Wace LLP purchased a new stake in Quad Graphics during the fourth quarter valued at about $97,000. Finally, Corton Capital Inc. purchased a new stake in Quad Graphics during the fourth quarter valued at about $103,000. Institutional investors and hedge funds own 39.52% of the company’s stock.

About Quad Graphics

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.