Quad Graphics (NYSE:QUAD) Stock Price Expected to Rise, Rosenblatt Securities Analyst Says

Quad Graphics (NYSE:QUAD) had its price objective boosted by investment analysts at Rosenblatt Securities from $8.20 to $9.80 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the business services provider’s stock. Rosenblatt Securities’ target price suggests a potential upside of 32.08% from the company’s current price.

A number of other equities analysts have also issued reports on the stock. Wall Street Zen upgraded shares of Quad Graphics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 21st. Zacks Research cut Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Barrington Research reiterated an “outperform” rating and set a $10.00 price target on shares of Quad Graphics in a research report on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Quad Graphics in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Quad Graphics currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.90.

Quad Graphics Stock Up 2.2%

Quad Graphics stock opened at $7.42 on Wednesday. The firm has a market capitalization of $377.53 million, a P/E ratio of 13.74 and a beta of 1.10. The company has a 50-day simple moving average of $6.35 and a 200-day simple moving average of $6.18. Quad Graphics has a one year low of $4.50 and a one year high of $7.54. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.63 and a current ratio of 0.86.

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

Institutional Investors Weigh In On Quad Graphics

Several hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC purchased a new position in Quad Graphics during the 1st quarter valued at about $2,101,000. Jones Financial Companies Lllp boosted its stake in shares of Quad Graphics by 1,135.6% during the 1st quarter. Jones Financial Companies Lllp now owns 18,941 shares of the business services provider’s stock valued at $103,000 after buying an additional 17,408 shares during the period. Empowered Funds LLC increased its stake in shares of Quad Graphics by 7.3% in the first quarter. Empowered Funds LLC now owns 315,209 shares of the business services provider’s stock worth $1,718,000 after acquiring an additional 21,448 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of Quad Graphics during the first quarter worth $144,000. Finally, CWM LLC boosted its position in Quad Graphics by 48.3% during the second quarter. CWM LLC now owns 7,572 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 2,466 shares during the last quarter. 39.52% of the stock is owned by hedge funds and other institutional investors.

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.