Quad Graphics (NYSE:QUAD) Upgraded to Strong-Buy at Wall Street Zen

Quad Graphics (NYSE:QUAD) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Sunday.

A number of other analysts have also issued reports on QUAD. Zacks Research lowered Quad Graphics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Rosenblatt Securities raised their price target on Quad Graphics from $8.20 to $9.80 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Quad Graphics in a research note on Wednesday, January 28th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $9.90.

Quad Graphics Price Performance

Shares of QUAD opened at $6.53 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 cap of $341.00 million, a PE ratio of 12.08 and a beta of 1.09. The firm has a 50-day simple moving average of $6.53 and a two-hundred day simple moving average of $6.21. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.86 and a quick ratio of 0.63.

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. 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%. As a group, analysts forecast that Quad Graphics will post 1.08 EPS for the current year.

Institutional Trading of Quad Graphics

A number of institutional investors have recently bought and sold shares of QUAD. AQR Capital Management LLC purchased a new position in shares of Quad Graphics in the 1st quarter valued at about $2,101,000. Zacks Investment Management acquired a new stake in shares of Quad Graphics during the 3rd quarter worth about $1,426,000. Segall Bryant & Hamill LLC lifted its stake in Quad Graphics by 49.5% during the fourth quarter. Segall Bryant & Hamill LLC now owns 462,898 shares of the business services provider’s stock worth $2,902,000 after purchasing an additional 153,172 shares during the last quarter. Millennium Management LLC boosted its holdings in Quad Graphics by 103.5% in the fourth quarter. Millennium Management LLC now owns 278,498 shares of the business services provider’s stock valued at $1,746,000 after purchasing an additional 141,648 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Quad Graphics by 53.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 370,504 shares of the business services provider’s stock valued at $2,093,000 after purchasing an additional 128,656 shares in the last quarter. 39.52% of the stock is owned by hedge funds and other institutional investors.

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.