Quad Graphics, Inc (NYSE:QUAD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Quad Graphics, Inc (NYSE:QUAD) have received an average rating of “Moderate Buy” from the five brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $9.9333.

QUAD has been the topic of several research analyst reports. Benchmark initiated coverage on shares of Quad Graphics in a report on Tuesday, April 7th. They set a “buy” rating and a $10.00 price target on the stock. Wall Street Zen upgraded shares of Quad Graphics from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 29th. Weiss Ratings restated a “hold (c)” rating on shares of Quad Graphics in a report on Monday, April 27th. Finally, Rosenblatt Securities boosted their price target on shares of Quad Graphics from $8.20 to $9.80 and gave the company a “buy” rating in a report on Wednesday, February 25th.

Quad Graphics Trading Up 0.6%

Quad Graphics stock opened at $7.25 on Wednesday. The company’s fifty day simple moving average is $7.17 and its 200-day simple moving average is $6.56. The company has a quick ratio of 0.65, a current ratio of 0.94 and a debt-to-equity ratio of 3.04. Quad Graphics has a 12 month low of $5.01 and a 12 month high of $8.64. The stock has a market cap of $373.81 million, a P/E ratio of 12.95 and a beta of 1.18.

Quad Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.22 by $0.03. Quad Graphics had a net margin of 1.16% and a return on equity of 47.27%. The business had revenue of $581.00 million for the quarter, compared to analysts’ expectations of $581.07 million. As a group, sell-side analysts forecast that Quad Graphics will post 1.2 EPS for the current fiscal year.

Quad Graphics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Thursday, May 21st will be issued a $0.10 dividend. The ex-dividend date is Thursday, May 21st. This represents a $0.40 dividend on an annualized basis and a yield of 5.5%. Quad Graphics’s dividend payout ratio is currently 71.43%.

Institutional Investors Weigh In On Quad Graphics

A number of large investors have recently bought and sold shares of QUAD. AQR Capital Management LLC bought a new stake in Quad Graphics in the first quarter worth $2,101,000. Jones Financial Companies Lllp boosted its holdings in Quad Graphics by 1,135.6% in the first quarter. Jones Financial Companies Lllp now owns 18,941 shares of the business services provider’s stock worth $103,000 after purchasing an additional 17,408 shares in the last quarter. Empowered Funds LLC boosted its holdings in 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 purchasing an additional 21,448 shares in the last quarter. Focus Partners Wealth bought a new stake in Quad Graphics in the first quarter worth $144,000. Finally, Geode Capital Management LLC boosted its holdings 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 purchasing an additional 1,837 shares in the last quarter. 39.52% of the stock is currently owned by 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.