Quad/Graphics (NYSE:QUAD) Rating Increased to Strong-Buy at StockNews.com

Quad/Graphics (NYSE:QUAD) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday.

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

Quad/Graphics Stock Performance

Shares of QUAD opened at $5.11 on Friday. Quad/Graphics has a one year low of $3.96 and a one year high of $6.75. The company has a 50-day simple moving average of $4.81 and a two-hundred day simple moving average of $4.96. The company has a debt-to-equity ratio of 5.83, a current ratio of 0.85 and a quick ratio of 0.56. The firm has a market capitalization of $266.54 million, a PE ratio of -4.29 and a beta of 1.60.

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

Hedge Funds Weigh In On Quad/Graphics

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Quad/Graphics by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 1,767,528 shares of the business services provider’s stock valued at $9,386,000 after buying an additional 11,139 shares in the last quarter. LSV Asset Management lifted its holdings in Quad/Graphics by 4.2% during the second quarter. LSV Asset Management now owns 1,165,265 shares of the business services provider’s stock valued at $6,351,000 after purchasing an additional 46,882 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Quad/Graphics by 1.7% in the second quarter. Renaissance Technologies LLC now owns 777,300 shares of the business services provider’s stock worth $4,236,000 after purchasing an additional 13,200 shares during the period. Empowered Funds LLC increased its stake in Quad/Graphics by 8.1% in the 1st 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 in the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Quad/Graphics by 3.5% in the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock valued at $1,058,000 after acquiring an additional 7,914 shares in the last quarter. Hedge funds and other 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.