Quad Graphics (NYSE:QUAD) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Quad Graphics (NYSE:QUAD) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

Several other brokerages have also recently commented on QUAD. Barrington Research reissued an “outperform” rating and issued a $10.00 price target on shares of Quad Graphics in a research note on Friday, October 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research report on Wednesday, January 28th. Zacks Research lowered shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Rosenblatt Securities reduced their price objective on shares of Quad Graphics from $8.60 to $8.20 and set a “buy” rating for the company in a research note on Thursday, October 30th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Quad Graphics has an average rating of “Moderate Buy” and an average price target of $9.10.

Quad Graphics Trading Up 3.5%

Shares of NYSE:QUAD opened at $7.03 on Friday. The firm has a fifty day moving average of $6.30 and a two-hundred day moving average of $6.15. The firm has a market capitalization of $357.69 million, a P/E ratio of 13.02 and a beta of 1.10. Quad Graphics has a 12-month low of $4.50 and a 12-month high of $7.11. The company has a quick ratio of 0.65, a current ratio of 0.86 and a debt-to-equity ratio of 2.52.

Quad Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, February 17th. The business services provider reported $0.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.36. The business had revenue of $630.60 million for the quarter, compared to the consensus estimate of $632.90 million. Quad Graphics had a net margin of 1.12% and a return on equity of 49.71%. On average, equities analysts expect that Quad Graphics will post 1.08 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. D Orazio & Associates Inc. increased its stake in shares of Quad Graphics by 13.8% in the third quarter. D Orazio & Associates Inc. now owns 15,032 shares of the business services provider’s stock worth $94,000 after purchasing an additional 1,820 shares during the period. Geode Capital Management LLC boosted its stake in Quad Graphics by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider’s stock valued at $3,977,000 after purchasing an additional 1,837 shares during the period. CWM LLC grew its holdings in Quad Graphics by 48.3% in the 2nd quarter. CWM LLC now owns 7,572 shares of the business services provider’s stock valued at $43,000 after buying an additional 2,466 shares during the last quarter. American Century Companies Inc. increased its position in Quad Graphics by 3.8% in the 2nd quarter. American Century Companies Inc. now owns 70,767 shares of the business services provider’s stock worth $400,000 after buying an additional 2,558 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Quad Graphics by 10.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 29,936 shares of the business services provider’s stock worth $188,000 after buying an additional 2,861 shares during the last quarter. Institutional investors and hedge funds own 39.52% of the company’s stock.

Quad Graphics Company Profile

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.