Quad/Graphics (NYSE:QUAD) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Quad/Graphics (NYSE:QUAD) from a strong-buy rating to a buy rating in a research report released on Wednesday.

Other equities research analysts have also issued research reports about the stock. Barrington Research reiterated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research note on Tuesday, November 26th. Rosenblatt Securities boosted their price target on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a report on Monday, November 25th.

Quad/Graphics Stock Down 7.5 %

Shares of Quad/Graphics stock opened at $7.41 on Wednesday. Quad/Graphics has a 52-week low of $4.06 and a 52-week high of $9.13. The stock has a market capitalization of $386.20 million, a PE ratio of -4.49 and a beta of 1.59. The company has a 50-day simple moving average of $6.94 and a two-hundred day simple moving average of $5.67. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85.

Quad/Graphics (NYSE:QUAD) last issued its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The business had revenue of $674.80 million during the quarter, compared to analyst estimates of $654.90 million. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. During the same quarter in the previous year, the firm earned $0.11 EPS. On average, analysts anticipate that Quad/Graphics will post 0.84 EPS for the current fiscal year.

Quad/Graphics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 18th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend was Monday, November 18th. Quad/Graphics’s dividend payout ratio (DPR) is -12.12%.

Institutional Investors Weigh In On Quad/Graphics

A number of institutional investors have recently bought and sold shares of the business. Inspire Investing LLC bought a new stake in shares of Quad/Graphics in the second quarter worth about $850,000. SG Americas Securities LLC bought a new stake in Quad/Graphics in the third quarter worth $54,000. BNP Paribas Financial Markets lifted its stake in Quad/Graphics by 450.4% in the third quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock worth $214,000 after purchasing an additional 38,588 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of Quad/Graphics by 20.7% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after acquiring an additional 4,023 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Quad/Graphics by 3.5% during the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock worth $1,058,000 after purchasing an additional 7,914 shares during the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad/Graphics Company Profile

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.