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

Shares of Quad Graphics, Inc (NYSE:QUAD) have been assigned an average rating of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $9.9333.

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

Institutional Investors Weigh In On Quad Graphics

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC purchased a new position in Quad Graphics during the first quarter valued at $2,101,000. Inspire Investing LLC bought a new stake in shares of Quad Graphics during the 1st quarter valued at $1,672,000. Zacks Investment Management purchased a new stake in shares of Quad Graphics in the 3rd quarter worth about $1,426,000. Segall Bryant & Hamill LLC grew its position in shares of Quad Graphics by 49.5% in the 4th quarter. Segall Bryant & Hamill LLC now owns 462,898 shares of the business services provider’s stock worth $2,902,000 after buying an additional 153,172 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Quad Graphics by 103.5% in the 4th quarter. Millennium Management LLC now owns 278,498 shares of the business services provider’s stock worth $1,746,000 after acquiring an additional 141,648 shares in the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad Graphics Stock Performance

NYSE:QUAD opened at $8.61 on Thursday. The business’s 50-day moving average price is $7.80 and its two-hundred day moving average price is $7.10. Quad Graphics has a twelve month low of $5.01 and a twelve month high of $8.84. The stock has a market cap of $443.93 million, a P/E ratio of 15.37 and a beta of 1.11. 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 (NYSE:QUAD) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. The firm had revenue of $581.00 million for the quarter, compared to analysts’ expectations of $581.07 million. Quad Graphics had a net margin of 1.16% and a return on equity of 47.27%. As a group, equities analysts predict that Quad Graphics will post 1.2 EPS for the current fiscal year.

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.