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

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

Several brokerages have commented on QUAD. Wall Street Zen upgraded shares of Quad Graphics from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 29th. Benchmark assumed coverage on shares of Quad Graphics in a report on Tuesday, April 7th. They issued a “buy” rating and a $10.00 price target for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research report on Monday, April 27th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC raised its position in shares of Quad Graphics by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 95,072 shares of the business services provider’s stock valued at $628,000 after buying an additional 1,553 shares in the last quarter. Geode Capital Management LLC grew its position in Quad Graphics by 0.3% in the second quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider’s stock worth $3,977,000 after acquiring an additional 1,837 shares in the last quarter. American Century Companies Inc. increased its stake in Quad Graphics by 3.8% during the second quarter. American Century Companies Inc. now owns 70,767 shares of the business services provider’s stock worth $400,000 after acquiring an additional 2,558 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in 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 acquiring an additional 2,861 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in Quad Graphics by 17.0% during the third quarter. Mackenzie Financial Corp now owns 19,893 shares of the business services provider’s stock worth $125,000 after acquiring an additional 2,885 shares during the last quarter. 39.52% of the stock is currently owned by institutional investors.

Quad Graphics Stock Performance

QUAD stock opened at $8.60 on Thursday. The company has a 50 day moving average price of $7.78 and a 200 day moving average price of $7.08. Quad Graphics has a fifty-two week low of $5.01 and a fifty-two week high of $8.84. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.94 and a quick ratio of 0.65. The stock has a market capitalization of $443.62 million, a PE ratio of 15.36 and a beta of 1.11.

Quad Graphics (NYSE:QUAD) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. The firm had revenue of $581.00 million during the quarter, compared to analysts’ expectations of $581.07 million. Quad Graphics had a return on equity of 47.27% and a net margin of 1.16%. Analysts forecast that Quad Graphics will post 1.2 EPS for the current year.

Quad Graphics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Thursday, May 21st were paid a $0.10 dividend. The ex-dividend date was Thursday, May 21st. This represents a $0.40 annualized dividend and a yield of 4.6%. Quad Graphics’s payout ratio is presently 71.43%.

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.