Quad/Graphics (NYSE:QUAD) Rating Lowered to Buy at StockNews.com

Quad/Graphics (NYSE:QUAD) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report released on Wednesday.

Several other equities analysts have also commented on the stock. Rosenblatt Securities upped their price target 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 restated an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a research report on Tuesday, November 26th.

Quad/Graphics Stock Performance

QUAD stock traded down $0.60 during midday trading on Wednesday, reaching $7.41. The company had a trading volume of 354,610 shares, compared to its average volume of 189,718. The firm has a market capitalization of $386.20 million, a PE ratio of -4.49 and a beta of 1.59. The stock has a 50 day moving average price of $6.90 and a 200 day moving average price of $5.66. Quad/Graphics has a fifty-two week low of $4.06 and a fifty-two week high of $9.13. 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 (NYSE:QUAD) last released its quarterly earnings data 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. 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 posted $0.11 EPS. Analysts anticipate that Quad/Graphics will post 0.84 earnings per share for the current year.

Hedge Funds Weigh In On Quad/Graphics

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