Rosenblatt Securities Issues Positive Forecast for Quad/Graphics (NYSE:QUAD) Stock Price

Quad/Graphics (NYSE:QUAD - Get Free Report) had its target price lifted by research analysts at Rosenblatt Securities from $7.70 to $10.30 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the business services provider's stock. Rosenblatt Securities' target price would indicate a potential upside of 39.00% from the stock's current price.

A number of other equities analysts have also recently weighed in on QUAD. StockNews.com raised shares of Quad/Graphics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 26th. Barrington Research boosted their price objective on shares of Quad/Graphics from $8.50 to $10.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th.

Quad/Graphics Price Performance

NYSE:QUAD traded up $0.40 during midday trading on Monday, hitting $7.41. 215,566 shares of the stock were exchanged, compared to its average volume of 177,585. The company has a market capitalization of $386.21 million, a price-to-earnings ratio of -4.47 and a beta of 1.57. Quad/Graphics has a one year low of $4.06 and a one year high of $7.94. The business has a 50-day moving average price of $5.79 and a two-hundred day moving average price of $5.29. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD - Get Free Report) last posted its quarterly 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. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The business had revenue of $674.80 million for the quarter, compared to the consensus estimate of $654.90 million. During the same period in the prior year, the business posted $0.11 earnings per share. Sell-side analysts predict that Quad/Graphics will post 0.84 EPS for the current year.

Hedge Funds Weigh In On Quad/Graphics

A number of hedge funds have recently modified their holdings of the company. Barclays PLC lifted its stake in shares of Quad/Graphics by 323.3% in the third quarter. Barclays PLC now owns 42,763 shares of the business services provider's stock worth $195,000 after buying an additional 32,661 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Quad/Graphics by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider's stock worth $3,038,000 after acquiring an additional 15,220 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Quad/Graphics by 96.4% during the 3rd quarter. Jane Street Group LLC now owns 85,111 shares of the business services provider's stock worth $386,000 after acquiring an additional 41,786 shares during the last quarter. State Street Corp boosted its stake in shares of Quad/Graphics by 2.0% during the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider's stock worth $2,447,000 after acquiring an additional 10,431 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of Quad/Graphics by 61.9% during the 3rd quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider's stock valued at $141,000 after purchasing an additional 11,874 shares during the period. Hedge funds and other institutional investors own 39.52% of the company's stock.

About Quad/Graphics

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.