Shares of Quad Graphics, Inc (NYSE:QUAD) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus price objective of $28.00 for the company, according to Zacks. Zacks has also assigned Quad Graphics an industry rank of 108 out of 265 based on the ratings given to its competitors.
A number of analysts have issued reports on QUAD shares. TheStreet lowered Quad Graphics from a “b-” rating to a “c+” rating in a report on Friday, August 4th. BidaskClub raised Quad Graphics from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 13th.
Quad Graphics (NYSE QUAD) traded up 14.21% during trading on Friday, reaching $22.58. The company’s stock had a trading volume of 659,778 shares. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 14.52 and a beta of 1.38. Quad Graphics has a 52-week low of $18.16 and a 52-week high of $29.04. The stock’s 50-day moving average is $19.23 and its 200 day moving average is $22.56.
Quad Graphics (NYSE:QUAD) last released its earnings results on Tuesday, August 1st. The business services provider reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.11. The firm had revenue of $963.20 million for the quarter, compared to analyst estimates of $985.85 million. Quad Graphics had a return on equity of 22.79% and a net margin of 1.92%. The company’s revenue was down 6.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.03 EPS. On average, analysts predict that Quad Graphics will post $1.79 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Monday, August 21st were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend was Thursday, August 17th. Quad Graphics’s payout ratio is presently 76.43%.
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In other news, Director Douglas P. Buth acquired 2,600 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were bought at an average price of $18.74 per share, with a total value of $48,724.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 12.05% of the stock is currently owned by company insiders.
Large investors have recently made changes to their positions in the company. Meeder Asset Management Inc. grew its holdings in shares of Quad Graphics by 403.2% during the 2nd quarter. Meeder Asset Management Inc. now owns 4,695 shares of the business services provider’s stock worth $107,000 after purchasing an additional 3,762 shares in the last quarter. US Bancorp DE grew its holdings in shares of Quad Graphics by 17.9% during the 1st quarter. US Bancorp DE now owns 4,878 shares of the business services provider’s stock worth $123,000 after purchasing an additional 739 shares in the last quarter. Pacad Investment Ltd. grew its holdings in shares of Quad Graphics by 160.0% during the 2nd quarter. Pacad Investment Ltd. now owns 5,200 shares of the business services provider’s stock worth $119,000 after purchasing an additional 3,200 shares in the last quarter. Creative Planning grew its holdings in shares of Quad Graphics by 17.5% during the 2nd quarter. Creative Planning now owns 6,715 shares of the business services provider’s stock worth $154,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Quad Graphics by 11.5% during the 2nd quarter. Legal & General Group Plc now owns 7,852 shares of the business services provider’s stock worth $180,000 after purchasing an additional 809 shares in the last quarter. 51.66% of the stock is currently owned by institutional investors.
Quad Graphics Company Profile
Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.
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