Quad Graphics, Inc (NYSE:QUAD) Stock Has Consensus Price Target of $12.00 According to Analysts

Key Points

• Analyst sentiment is moderately bullish: Five firms rate Quad Graphics a consensus “Moderate Buy,” with three buys and two holds, and an average 12-month price target of $12.00 versus a recent price of $9.46.
• Institutional investors own 39.52% of the company, with several hedge funds recently initiating or increasing positions.
• Quad Graphics exceeded quarterly expectations, reporting $0.24 in EPS and $577.5 million in revenue, and declared a quarterly dividend of $0.10, equivalent to a 4.2% annualized yield.

Shares of Quad Graphics, Inc (NYSE:QUAD - Get Free Report) have been given an average recommendation of "Moderate Buy" by the five ratings firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $12.00.

Several brokerages have weighed in on QUAD. Zacks Research lowered shares of Quad Graphics from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 2nd. Weiss Ratings raised Quad Graphics from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, October 8th. Benchmark lifted 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 company a "buy" rating in a report on Thursday, July 30th.

Institutional Investors Weigh In On Quad Graphics

Hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp bought a new position in Quad Graphics during the 2nd quarter worth approximately $3,506,000. Baron Wealth Management LLC raised its stake in shares of Quad Graphics by 14.2% during the second quarter. Baron Wealth Management LLC now owns 24,973 shares of the business services provider's stock valued at $211,000 after purchasing an additional 3,107 shares in the last quarter. Lazard Asset Management LLC bought a new position in Quad Graphics during the first quarter valued at about $119,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Quad Graphics by 2.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 460,452 shares of the business services provider's stock valued at $3,044,000 after purchasing an additional 9,174 shares during the period. Finally, Cetera Investment Advisers raised its stake in Quad Graphics by 30.5% during the 1st quarter. Cetera Investment Advisers now owns 46,365 shares of the business services provider's stock valued at $306,000 after purchasing an additional 10,849 shares during the period. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Quad Graphics Stock Performance

Quad Graphics stock opened at $9.46 on Friday. 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. The company's 50-day moving average is $9.75 and its 200 day moving average is $8.65. The firm has a market capitalization of $486.72 million, a P/E ratio of 15.01 and a beta of 1.12.

Quad Graphics (NYSE:QUAD - Get Free Report) last issued its quarterly 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. Quad Graphics had a return on equity of 47.90% and a net margin of 1.31%. The business had revenue of $577.50 million during the quarter, compared to the consensus estimate of $545.15 million. Research analysts forecast that Quad Graphics will post 1.27 EPS for the current year.

Quad Graphics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Tuesday, November 17th will be issued a $0.10 dividend. The ex-dividend date is Tuesday, November 17th. This represents a $0.40 annualized dividend and a yield of 4.2%. Quad Graphics's payout ratio is 63.49%.

Quad Graphics Company Profile

Quad NYSE: QUAD, formerly Quad/Graphics, is a marketing experience company that helps organizations plan, create, produce and distribute marketing communications. Its services span creative and content development, data and analytics, media planning and buying, marketing management, and production.

The company also provides commercial printing, packaging, direct mail, in-store marketing materials and other physical communications. By combining these capabilities with digital and technology services, Quad supports integrated marketing programs designed to connect brands with consumers across print, digital and other channels.

Quad was founded in 1971 by Harry V.

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