Quad Graphics (NYSE:QUAD) Downgraded by Wall Street Zen to “Buy”

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

Several other equities analysts also recently issued reports on QUAD. Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a research report on Wednesday, January 28th. Rosenblatt Securities raised their target price on Quad Graphics from $8.20 to $9.80 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, Zacks Research lowered Quad Graphics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 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 MarketBeat, Quad Graphics presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.90.

Quad Graphics Stock Performance

QUAD stock opened at $6.54 on Friday. Quad Graphics has a 1 year low of $4.50 and a 1 year high of $7.54. The stock has a market capitalization of $341.88 million, a price-to-earnings ratio of 12.11 and a beta of 1.09. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.63 and a current ratio of 0.86. The stock’s fifty day moving average is $6.49 and its two-hundred day moving average is $6.21.

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

Institutional Investors Weigh In On Quad Graphics

A number of institutional investors and hedge funds have recently modified their holdings of QUAD. Hillsdale Investment Management Inc. increased its stake in Quad Graphics by 23.8% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 52,100 shares of the business services provider’s stock worth $294,000 after purchasing an additional 10,000 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of Quad Graphics in the second quarter worth about $1,763,000. CANADA LIFE ASSURANCE Co purchased a new position in shares of Quad Graphics in the fourth quarter worth approximately $26,000. Drake & Associates LLC purchased a new position in shares of Quad Graphics in the fourth quarter worth approximately $157,000. Finally, Miller Value Partners LLC raised its holdings in shares of Quad Graphics by 4.4% during the fourth quarter. Miller Value Partners LLC now owns 2,737,890 shares of the business services provider’s stock valued at $17,167,000 after acquiring an additional 114,415 shares during the period. 39.52% of the stock is owned by institutional investors and hedge funds.

About Quad Graphics

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.