According to Zacks, “Quad Graphics, Inc. is a provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts and circulars, direct mail products, books and directories. Its print-related services comprise digital photography, digital imaging, binding, mailing and distribution, and data optimization and analytics services. The Company also engages in the design, development, manufacture, and service of printing-related auxiliary equipment for original equipment manufacturers and printing companies worldwide. Quad Graphics, Inc. is headquartered in Sussex, Wisconsin. “
Several other equities research analysts also recently weighed in on the company. Buckingham Research cut their price target on Quad/Graphics from $30.00 to $20.00 and set a buy rating on the stock in a research report on Wednesday, July 24th. ValuEngine upgraded Quad/Graphics from a strong sell rating to a sell rating in a research report on Thursday, August 1st.
Shares of QUAD opened at $9.10 on Thursday. The business’s 50-day moving average is $9.03 and its two-hundred day moving average is $10.83. The company has a market capitalization of $480.94 million, a P/E ratio of 5.08 and a beta of 1.67. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.72 and a current ratio of 1.06. Quad/Graphics has a fifty-two week low of $7.22 and a fifty-two week high of $23.83.
Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, July 30th. The business services provider reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.08. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $1 billion. Quad/Graphics had a positive return on equity of 8.55% and a negative net margin of 0.82%. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period last year, the firm earned $0.23 EPS. Analysts forecast that Quad/Graphics will post 0.64 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Monday, August 19th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 13.19%. The ex-dividend date is Friday, August 16th. Quad/Graphics’s dividend payout ratio (DPR) is presently 67.04%.
In other news, Director Kathryn Quadracci Flores sold 4,974 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $10.67, for a total transaction of $53,072.58. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director John C. Fowler sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $11.19, for a total value of $111,900.00. Following the sale, the director now owns 117,587 shares in the company, valued at $1,315,798.53. The disclosure for this sale can be found here. Insiders have sold a total of 17,074 shares of company stock worth $189,186 over the last 90 days. Insiders own 10.85% of the company’s stock.
Several large investors have recently bought and sold shares of QUAD. Northern Oak Wealth Management Inc. lifted its stake in Quad/Graphics by 50.0% in the 1st quarter. Northern Oak Wealth Management Inc. now owns 3,000 shares of the business services provider’s stock valued at $36,000 after buying an additional 1,000 shares in the last quarter. Bank of Montreal Can lifted its stake in Quad/Graphics by 54.0% in the 2nd quarter. Bank of Montreal Can now owns 6,533 shares of the business services provider’s stock valued at $51,000 after buying an additional 2,292 shares in the last quarter. Legal & General Group Plc lifted its stake in Quad/Graphics by 17.4% in the 4th quarter. Legal & General Group Plc now owns 7,992 shares of the business services provider’s stock valued at $99,000 after buying an additional 1,183 shares in the last quarter. Independent Advisor Alliance purchased a new position in Quad/Graphics in the 2nd quarter valued at about $130,000. Finally, BNP Paribas Arbitrage SA lifted its stake in Quad/Graphics by 52.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 11,431 shares of the business services provider’s stock valued at $136,000 after buying an additional 3,933 shares in the last quarter. Hedge funds and other institutional investors own 60.13% 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, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.
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