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

StockNews.com cut shares of Quad/Graphics (NYSE:QUAD) from a strong-buy rating to a buy rating in a report released on Tuesday morning.

QUAD has been the subject of several other research reports. Barrington Research upped their price objective on Quad/Graphics from $8.00 to $8.50 and gave the company an outperform rating in a research note on Friday, May 3rd. TheStreet upgraded shares of Quad/Graphics from a d+ rating to a c rating in a research report on Wednesday, February 14th.

Quad/Graphics Price Performance

NYSE:QUAD opened at $4.51 on Tuesday. The company has a quick ratio of 0.58, a current ratio of 0.87 and a debt-to-equity ratio of 5.38. Quad/Graphics has a 12-month low of $2.77 and a 12-month high of $6.75. The stock’s 50 day moving average price is $5.04 and its two-hundred day moving average price is $5.12. The firm has a market capitalization of $235.78 million, a price-to-earnings ratio of -3.61 and a beta of 1.65.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Tuesday, February 20th. The business services provider reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.10. The company had revenue of $787.90 million during the quarter, compared to the consensus estimate of $758.40 million. Quad/Graphics had a negative net margin of 2.07% and a positive return on equity of 18.67%. During the same period in the previous year, the business earned $0.41 earnings per share. On average, analysts anticipate that Quad/Graphics will post 0.74 earnings per share for the current year.

Quad/Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Wednesday, May 22nd will be paid a $0.05 dividend. The ex-dividend date is Tuesday, May 21st. This represents a $0.20 annualized dividend and a dividend yield of 4.43%. Quad/Graphics’s payout ratio is -16.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of QUAD. Empowered Funds LLC increased its stake in shares of Quad/Graphics by 8.1% in the 1st quarter. Empowered Funds LLC now owns 246,202 shares of the business services provider’s stock valued at $1,307,000 after acquiring an additional 18,550 shares in the last quarter. LSV Asset Management raised its position in shares of Quad/Graphics by 5.8% during the first quarter. LSV Asset Management now owns 1,118,383 shares of the business services provider’s stock worth $5,939,000 after purchasing an additional 61,431 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Quad/Graphics by 9.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 89,865 shares of the business services provider’s stock worth $477,000 after purchasing an additional 8,031 shares in the last quarter. BNP Paribas Financial Markets grew its position in Quad/Graphics by 20.8% in the 1st quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock valued at $245,000 after purchasing an additional 7,947 shares during the period. Finally, Crescent Grove Advisors LLC increased its stake in Quad/Graphics by 19.8% during the 1st quarter. Crescent Grove Advisors LLC now owns 60,490 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 10,000 shares in the last quarter. Institutional investors and hedge funds 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.