Quad Graphics, Inc (NYSE:QUAD) Stock Has Average Price Target of $12.00

Shares of Quad Graphics, Inc (NYSE:QUAD) have been assigned a consensus rating of “Buy” from the five research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $12.00.

QUAD has been the subject of a number of recent research reports. Zacks Research raised Quad Graphics from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a research report on Friday, July 24th. Benchmark increased their price objective on Quad Graphics from $10.00 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Rosenblatt Securities increased their price objective on Quad Graphics from $9.80 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th.

Quad Graphics Stock Performance

NYSE:QUAD opened at $9.24 on Tuesday. Quad Graphics has a 12-month low of $5.12 and a 12-month high of $11.15. The company has a quick ratio of 0.60, a current ratio of 0.87 and a debt-to-equity ratio of 2.81. The firm has a market capitalization of $475.75 million, a PE ratio of 14.67 and a beta of 1.12. The firm has a 50-day moving average price of $9.84 and a 200 day moving average price of $8.35.

Quad Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. The firm had revenue of $577.50 million during the quarter, compared to analysts’ expectations of $545.15 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%. Research analysts anticipate that Quad Graphics will post 1.27 earnings per share for the current fiscal year.

Quad Graphics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 17th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 4.3%. Quad Graphics’s dividend payout ratio is presently 63.49%.

Institutional Investors Weigh In On Quad Graphics

A number of large investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC grew its holdings in shares of Quad Graphics by 1.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 95,072 shares of the business services provider’s stock valued at $628,000 after acquiring an additional 1,553 shares in the last quarter. Baron Wealth Management LLC raised its holdings in Quad Graphics by 14.2% during the second quarter. Baron Wealth Management LLC now owns 24,973 shares of the business services provider’s stock worth $211,000 after acquiring an additional 3,107 shares in the last quarter. Invst LLC boosted its position in Quad Graphics by 1.1% during the fourth quarter. Invst LLC now owns 360,463 shares of the business services provider’s stock valued at $2,260,000 after purchasing an additional 4,069 shares during the last quarter. Kathmere Capital Management LLC boosted its position in Quad Graphics by 51.7% during the first quarter. Kathmere Capital Management LLC now owns 19,878 shares of the business services provider’s stock valued at $131,000 after purchasing an additional 6,778 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Quad Graphics by 2.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 460,452 shares of the business services provider’s stock valued at $3,044,000 after purchasing an additional 9,174 shares in the last quarter. 39.52% of the stock is currently owned by institutional investors.

About Quad Graphics

Quad/Graphics, Inc, doing business as Quad, is a marketing experience company that provides print and integrated marketing services to businesses and organizations. Its offerings include commercial printing, direct mail, packaging, in-store displays, publications, and other printed communications, supported by production, distribution, and logistics capabilities.

Quad also provides marketing services designed to help clients plan, create, produce, and distribute campaigns across multiple channels.