Quad Graphics (NYSE:QUAD) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Quad Graphics, Inc (NYSE:QUAD) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.32 and traded as high as $10.58. Quad Graphics shares last traded at $10.36, with a volume of 241,897 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently commented on QUAD shares. Weiss Ratings restated a “hold (c)” rating on shares of Quad Graphics in a report on Friday, July 24th. Zacks Research upgraded Quad Graphics from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Benchmark raised their price objective on shares of Quad Graphics from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Rosenblatt Securities increased their price target on shares of Quad Graphics from $9.80 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $12.00.

Quad Graphics Trading Up 3.2%

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 company has a 50-day moving average price of $9.36 and a 200-day moving average price of $7.96. The company has a market capitalization of $550.11 million, a price-to-earnings ratio of 16.97 and a beta of 1.08.

Quad Graphics (NYSE:QUAD) last issued 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 company had revenue of $577.50 million during the quarter, compared to analyst estimates of $545.15 million. Quad Graphics had a return on equity of 47.90% and a net margin of 1.31%. Research analysts predict that Quad Graphics, Inc will post 1.27 EPS for the current fiscal year.

Quad Graphics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 17th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 17th. Quad Graphics’s dividend payout ratio (DPR) is presently 63.49%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QUAD. CANADA LIFE ASSURANCE Co acquired a new position in shares of Quad Graphics in the 4th quarter worth approximately $26,000. California State Teachers Retirement System lifted its holdings in shares of Quad Graphics by 109.4% during the second quarter. California State Teachers Retirement System now owns 3,279 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 1,713 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Quad Graphics by 113.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock worth $36,000 after purchasing an additional 3,019 shares during the last quarter. Stokes Family Office LLC acquired a new stake in shares of Quad Graphics during the 4th quarter worth about $68,000. Finally, DGS Capital Management LLC bought a new position in Quad Graphics during the 1st quarter valued at about $71,000. Institutional investors own 39.52% of the company’s stock.

About Quad Graphics

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.