StockNews.com Downgrades Quad/Graphics (NYSE:QUAD) to Buy

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

Other equities research analysts also recently issued reports about the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $7.60 target price on shares of Quad/Graphics in a report on Tuesday, September 24th. Barrington Research reissued an “outperform” rating and issued a $8.50 price objective on shares of Quad/Graphics in a research note on Friday, September 20th.

Quad/Graphics Trading Up 2.8 %

Shares of QUAD traded up $0.13 on Wednesday, hitting $4.80. 165,861 shares of the stock traded hands, compared to its average volume of 153,612. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 5.83. The firm has a market capitalization of $250.37 million, a P/E ratio of -3.84 and a beta of 1.60. Quad/Graphics has a 1 year low of $3.96 and a 1 year high of $6.75. The stock’s 50 day moving average is $4.63 and its two-hundred day moving average is $4.95.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings data on Tuesday, July 30th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.05. Quad/Graphics had a negative net margin of 2.00% and a positive return on equity of 26.62%. The company had revenue of $634.20 million during the quarter, compared to analyst estimates of $645.70 million. During the same quarter in the prior year, the business earned $0.02 earnings per share. As a group, sell-side analysts predict that Quad/Graphics will post 0.76 earnings per share for the current year.

Hedge Funds Weigh In On Quad/Graphics

Several hedge funds and other institutional investors have recently modified their holdings of QUAD. Janney Montgomery Scott LLC increased its holdings in Quad/Graphics by 17.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 81,834 shares of the business services provider’s stock valued at $444,000 after purchasing an additional 11,970 shares in the last quarter. Crescent Grove Advisors LLC lifted its holdings in shares of Quad/Graphics by 19.8% in the first 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. BNP Paribas Financial Markets raised 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 acquiring an additional 7,947 shares in the last quarter. LSV Asset Management increased 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 last quarter. Finally, Empowered Funds LLC increased its position in Quad/Graphics by 8.1% during the first quarter. Empowered Funds LLC now owns 246,202 shares of the business services provider’s stock worth $1,307,000 after buying an additional 18,550 shares during 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.