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

Barrington Research reissued their outperform rating on shares of Quad/Graphics (NYSE:QUAD) in a report released on Tuesday morning,Benzinga reports. They currently have a $10.00 price objective on the business services provider’s stock.

Other equities analysts have also issued research reports about the stock. StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 26th. Rosenblatt Securities lifted their target price on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a report on Monday.

Quad/Graphics Stock Performance

NYSE QUAD opened at $7.24 on Tuesday. The business’s 50-day moving average price is $5.96 and its 200 day moving average price is $5.33. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. Quad/Graphics has a twelve month low of $4.06 and a twelve month high of $7.94. The company has a market capitalization of $377.35 million, a PE ratio of -4.39 and a beta of 1.57.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The business had revenue of $674.80 million for the quarter, compared to analyst estimates of $654.90 million. During the same period in the prior year, the firm posted $0.11 EPS. On average, research analysts predict that Quad/Graphics will post 0.84 earnings per share for the current year.

Quad/Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 18th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.76%. The ex-dividend date is Monday, November 18th. Quad/Graphics’s dividend payout ratio (DPR) is presently -12.12%.

Institutional Investors Weigh In On Quad/Graphics

Several institutional investors and hedge funds have recently modified their holdings of QUAD. Inspire Investing LLC purchased a new stake in shares of Quad/Graphics during the 2nd quarter valued at about $850,000. Bank of Montreal Can purchased a new stake in shares of Quad/Graphics during the second quarter valued at approximately $408,000. LSV Asset Management lifted its position in shares of 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 worth $6,351,000 after purchasing an additional 46,882 shares in the last quarter. Privium Fund Management UK Ltd purchased a new position in shares of Quad/Graphics in the second quarter valued at $262,000. Finally, Jane Street Group LLC boosted its stake in shares of Quad/Graphics by 96.4% in the third quarter. Jane Street Group LLC now owns 85,111 shares of the business services provider’s stock valued at $386,000 after purchasing an additional 41,786 shares during the period. 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.