Quad/Graphics (NYSE:QUAD) Downgraded to "Buy" Rating by StockNews.com

Quad/Graphics (NYSE:QUAD - Get Free Report) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating in a report issued on Friday.

Several other equities research analysts also recently weighed in on the stock. Rosenblatt Securities boosted their target price on shares of Quad/Graphics from $7.70 to $10.30 and gave the stock a "buy" rating in a research report on Monday, November 25th. Barrington Research reissued an "outperform" rating and issued a $10.00 price objective on shares of Quad/Graphics in a report on Tuesday, November 26th.

Quad/Graphics Stock Down 6.6 %

Shares of NYSE:QUAD traded down $0.50 during trading on Friday, hitting $7.05. The company's stock had a trading volume of 223,793 shares, compared to its average volume of 191,851. The company has a market capitalization of $367.44 million, a PE ratio of -4.27 and a beta of 1.59. Quad/Graphics has a fifty-two week low of $4.06 and a fifty-two week high of $9.13. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The stock's 50-day moving average price is $7.18 and its two-hundred day moving average price is $5.77.

Quad/Graphics (NYSE:QUAD - Get Free Report) last announced its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.06. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. The company had revenue of $674.80 million for the quarter, compared to analyst estimates of $654.90 million. During the same period in the prior year, the company posted $0.11 EPS. As a group, sell-side analysts expect that Quad/Graphics will post 0.84 EPS for the current year.

Institutional Investors Weigh In On Quad/Graphics

A number of institutional investors have recently modified their holdings of QUAD. SG Americas Securities LLC acquired a new position in Quad/Graphics during the 3rd quarter valued at approximately $54,000. FMR LLC boosted its holdings in shares of Quad/Graphics by 1,103.6% during the third quarter. FMR LLC now owns 22,050 shares of the business services provider's stock valued at $100,000 after acquiring an additional 20,218 shares during the period. Heron Bay Capital Management bought a new position in shares of Quad/Graphics during the second quarter worth about $124,000. Cubist Systematic Strategies LLC increased its holdings in shares of Quad/Graphics by 20.7% in 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 period. Finally, Allspring Global Investments Holdings LLC lifted its position in Quad/Graphics by 8,613.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 28,231 shares of the business services provider's stock valued at $154,000 after purchasing an additional 27,907 shares during the last quarter. 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.