Quad Graphics, Inc (NYSE:QUAD) Receives Consensus Recommendation of "Buy" from Analysts

Key Points

• Analysts have a consensus “Buy” rating on Quad Graphics, with three buy ratings, one strong-buy rating and one hold rating. The average 1-year price target is $12.00, above the reported share price of $10.36.
• Quad Graphics beat quarterly expectations, reporting $0.24 in EPS versus the $0.20 consensus estimate and revenue of $577.5 million versus $545.15 million expected.
• The company declared a quarterly dividend of $0.10 per share, equivalent to $0.40 annually and a 3.9% yield; institutional investors own approximately 39.5% of outstanding shares.

Quad Graphics, Inc (NYSE:QUAD - Get Free Report) has earned a consensus rating of "Buy" from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $12.00.

QUAD has been the topic of several recent analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Quad Graphics in a research note on Friday, July 24th. Benchmark boosted their price objective on shares of Quad Graphics from $10.00 to $13.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Zacks Research upgraded shares of Quad Graphics from a "hold" rating to a "strong-buy" rating in a report on Monday, August 3rd. Finally, Rosenblatt Securities increased their target price on shares of Quad Graphics from $9.80 to $13.00 and gave the company a "buy" rating in a research report on Thursday, July 30th.

Quad Graphics Stock Down 0.3%

Shares of NYSE QUAD opened at $10.36 on Friday. The business has a 50-day moving average of $9.32 and a two-hundred day moving average of $7.94. The company has a market capitalization of $533.13 million, a price-to-earnings ratio of 16.44 and a beta of 1.08. Quad Graphics has a 1 year low of $5.12 and a 1 year high of $11.15. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.87 and a quick ratio of 0.60.

Quad Graphics (NYSE:QUAD - Get Free Report) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.04. The business had revenue of $577.50 million for 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%. On average, analysts forecast that Quad Graphics will post 1.27 earnings per share for the current fiscal year.

Quad Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 17th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.9%. The ex-dividend date is Monday, August 17th. Quad Graphics's dividend payout ratio is currently 63.49%.

Institutional Trading of Quad Graphics

A number of hedge funds and other institutional investors have recently made changes to their positions in QUAD. California State Teachers Retirement System lifted its holdings in shares of Quad Graphics by 109.4% in the 2nd quarter. California State Teachers Retirement System now owns 3,279 shares of the business services provider's stock valued at $28,000 after purchasing an additional 1,713 shares during the last quarter. CANADA LIFE ASSURANCE Co purchased a new position in Quad Graphics during the 4th quarter worth approximately $26,000. BNP Paribas Financial Markets increased its position in Quad Graphics by 113.1% during the third quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider's stock worth $36,000 after buying an additional 3,019 shares during the period. DGS Capital Management LLC acquired a new position in Quad Graphics during the first quarter worth approximately $71,000. Finally, Stokes Family Office LLC purchased a new stake in Quad Graphics in the fourth quarter valued at approximately $68,000. Institutional investors and hedge funds own 39.52% of the company's stock.

Quad Graphics Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source