Barrington Research Reiterates Outperform Rating for Quad/Graphics (NYSE:QUAD)

Quad/Graphics (NYSE:QUAD)‘s stock had its “outperform” rating reissued by analysts at Barrington Research in a report issued on Friday,Benzinga reports. They currently have a $10.00 price target on the business services provider’s stock. Barrington Research’s price objective would indicate a potential upside of 91.57% from the stock’s previous close.

QUAD has been the subject of several other research reports. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 2nd. Rosenblatt Securities reduced their price objective on shares of Quad/Graphics from $10.30 to $8.90 and set a “buy” rating for the company in a research report on Thursday.

Quad/Graphics Stock Up 8.8 %

Shares of Quad/Graphics stock opened at $5.22 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics has a 52-week low of $4.06 and a 52-week high of $9.13. The company has a market capitalization of $273.26 million, a P/E ratio of -4.79 and a beta of 1.30. The company has a 50 day moving average of $5.37 and a 200 day moving average of $6.44.

Quad/Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, April 29th. The business services provider reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.13. The firm had revenue of $629.40 million during the quarter, compared to the consensus estimate of $588.05 million. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. As a group, research analysts forecast that Quad/Graphics will post 1.08 EPS for the current fiscal year.

Institutional Trading of Quad/Graphics

Several institutional investors and hedge funds have recently bought and sold shares of the business. Miller Value Partners LLC increased its stake in Quad/Graphics by 33.7% in the fourth quarter. Miller Value Partners LLC now owns 2,518,130 shares of the business services provider’s stock valued at $17,551,000 after purchasing an additional 634,315 shares during the period. Heartland Advisors Inc. purchased a new stake in Quad/Graphics during the 4th quarter valued at approximately $2,091,000. Bank of New York Mellon Corp grew its stake in shares of Quad/Graphics by 171.3% in the 4th quarter. Bank of New York Mellon Corp now owns 293,552 shares of the business services provider’s stock valued at $2,046,000 after purchasing an additional 185,344 shares during the last quarter. Inspire Investing LLC purchased a new stake in shares of Quad/Graphics during the fourth quarter worth approximately $1,150,000. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Quad/Graphics by 468.5% during the first quarter. Massachusetts Financial Services Co. MA now owns 158,714 shares of the business services provider’s stock worth $865,000 after purchasing an additional 130,794 shares during the period. Hedge funds and other institutional investors own 39.52% of the company’s stock.

About Quad/Graphics

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.