Quad Graphics, Inc (NYSE:QUAD) Receives $9.93 Average Target Price from Brokerages

Quad Graphics, Inc (NYSE:QUAD) has received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $9.9333.

Several brokerages recently issued reports on QUAD. Benchmark initiated coverage on shares of Quad Graphics in a research report on Tuesday. They set a “buy” rating and a $10.00 target price for the company. Rosenblatt Securities lifted their price target on shares of Quad Graphics from $8.20 to $9.80 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research report on Wednesday, January 28th. Wall Street Zen upgraded Quad Graphics from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 29th. Finally, Zacks Research cut Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th.

Institutional Investors Weigh In On Quad Graphics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QUAD. CANADA LIFE ASSURANCE Co purchased a new position in Quad Graphics during the fourth quarter valued at approximately $26,000. State of Alaska Department of Revenue bought a new position in shares of Quad Graphics in the fourth quarter worth approximately $29,000. BNP Paribas Financial Markets increased its stake in shares of Quad Graphics by 113.1% in the third quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock worth $36,000 after purchasing an additional 3,019 shares in the last quarter. Stokes Family Office LLC bought a new stake in shares of Quad Graphics during the 4th quarter valued at $68,000. Finally, HRT Financial LP bought a new stake in shares of Quad Graphics during the 4th quarter valued at $74,000. 39.52% of the stock is owned by hedge funds and other institutional investors.

Quad Graphics Trading Down 0.8%

Shares of NYSE:QUAD opened at $7.24 on Tuesday. The stock has a market capitalization of $378.10 million, a price-to-earnings ratio of 13.40 and a beta of 1.16. 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 50-day simple moving average is $6.67 and its two-hundred day simple moving average is $6.23. Quad Graphics has a 52-week low of $4.50 and a 52-week high of $7.54.

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

Quad Graphics Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a dividend of $0.10 per share. This is a boost from Quad Graphics’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, February 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.5%. Quad Graphics’s dividend payout ratio is presently 74.07%.

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.