Quad/Graphics’ (QUAD) Outperform Rating Reiterated at Barrington Research

Quad/Graphics (NYSE:QUAD)‘s stock had its “outperform” rating reaffirmed by equities researchers at Barrington Research in a research note issued to investors on Friday, Benzinga reports. They presently have a $8.50 price target on the business services provider’s stock. Barrington Research’s price objective indicates a potential upside of 94.51% from the stock’s current price.

A number of other brokerages have also recently weighed in on QUAD. Rosenblatt Securities increased their price target on shares of Quad/Graphics from $7.50 to $7.60 and gave the stock a “buy” rating in a research note on Thursday, August 1st. StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 16th.

Quad/Graphics Stock Performance

Shares of QUAD stock remained flat at $4.37 during mid-day trading on Friday. The company’s stock had a trading volume of 67,088 shares, compared to its average volume of 152,945. The firm’s 50-day moving average price is $4.86 and its two-hundred day moving average price is $4.98. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 5.83. Quad/Graphics has a 12 month low of $3.96 and a 12 month high of $6.75. The company has a market capitalization of $227.94 million, a PE ratio of -3.50 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. Quad/Graphics had a positive return on equity of 26.62% and a negative net margin of 2.00%. The firm had revenue of $634.20 million for the quarter, compared to the consensus estimate of $645.70 million. During the same quarter last year, the business posted $0.02 EPS. On average, research analysts expect that Quad/Graphics will post 0.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Quad/Graphics

Hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its position in Quad/Graphics by 17.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 81,834 shares of the business services provider’s stock worth $444,000 after acquiring an additional 11,970 shares in the last quarter. Crescent Grove Advisors LLC boosted its holdings in Quad/Graphics by 19.8% during the first quarter. Crescent Grove Advisors LLC now owns 60,490 shares of the business services provider’s stock worth $321,000 after buying an additional 10,000 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Quad/Graphics by 20.8% during the first quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock worth $245,000 after buying an additional 7,947 shares in the last quarter. LSV Asset Management grew its position in 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 buying an additional 61,431 shares during the period. Finally, Empowered Funds LLC increased its holdings in Quad/Graphics by 8.1% in the first quarter. Empowered Funds LLC now owns 246,202 shares of the business services provider’s stock valued at $1,307,000 after buying an additional 18,550 shares in the last quarter. Institutional investors and hedge funds 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.