StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD - Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Thursday morning.
A number of other analysts have also recently issued reports on the stock. Rosenblatt Securities reiterated a "buy" rating and issued a $10.30 target price on shares of Quad/Graphics in a research note on Tuesday, February 18th. Barrington Research restated an "outperform" rating and set a $10.00 price target on shares of Quad/Graphics in a report on Friday, February 21st.
Get Our Latest Stock Analysis on QUAD
Quad/Graphics Stock Up 0.5 %
Shares of Quad/Graphics stock traded up $0.03 on Thursday, hitting $5.53. 220,302 shares of the company traded hands, compared to its average volume of 218,178. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics has a 12-month low of $4.06 and a 12-month high of $9.13. The company has a 50-day moving average price of $6.46 and a 200 day moving average price of $6.38. The company has a market cap of $289.22 million, a PE ratio of -5.07 and a beta of 1.76.
Quad/Graphics (NYSE:QUAD - Get Free Report) last issued its earnings results on Tuesday, February 18th. The business services provider reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.02). Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. The firm had revenue of $708.40 million during the quarter, compared to analysts' expectations of $726.70 million. Sell-side analysts predict that Quad/Graphics will post 1.08 earnings per share for the current year.
Quad/Graphics Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.43%. This is an increase from Quad/Graphics's previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 28th. Quad/Graphics's dividend payout ratio (DPR) is presently -27.52%.
Institutional Investors Weigh In On Quad/Graphics
A number of large investors have recently added to or reduced their stakes in QUAD. Price T Rowe Associates Inc. MD lifted its stake in shares of Quad/Graphics by 4.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,246 shares of the business services provider's stock worth $260,000 after buying an additional 1,629 shares during the last quarter. SG Americas Securities LLC raised its holdings in Quad/Graphics by 16.1% in the 4th quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider's stock worth $97,000 after acquiring an additional 1,922 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Quad/Graphics by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 83,705 shares of the business services provider's stock worth $583,000 after acquiring an additional 2,234 shares during the last quarter. Martingale Asset Management L P boosted its holdings in Quad/Graphics by 5.4% during the third quarter. Martingale Asset Management L P now owns 93,712 shares of the business services provider's stock valued at $425,000 after acquiring an additional 4,808 shares during the period. Finally, Brandywine Global Investment Management LLC boosted its holdings in Quad/Graphics by 27.5% during the fourth quarter. Brandywine Global Investment Management LLC now owns 23,080 shares of the business services provider's stock valued at $161,000 after acquiring an additional 4,980 shares during the period. Institutional investors own 39.52% of the company's stock.
About Quad/Graphics
(
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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.
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