Barrington Research Boosts Quad/Graphics (NYSE:QUAD) Price Target to $8.50

Quad/Graphics (NYSE:QUAD - Get Free Report) had its target price upped by equities researchers at Barrington Research from $8.00 to $8.50 in a report issued on Friday, Marketbeat Ratings reports. The firm currently has an "outperform" rating on the business services provider's stock. Barrington Research's price objective points to a potential upside of 76.72% from the stock's current price.

A number of other analysts have also weighed in on QUAD. TheStreet upgraded shares of Quad/Graphics from a "d+" rating to a "c" rating in a research note on Wednesday, February 14th. StockNews.com upgraded shares of Quad/Graphics from a "buy" rating to a "strong-buy" rating in a research report on Monday.

Quad/Graphics Stock Performance

Shares of NYSE QUAD traded up $0.15 during midday trading on Friday, reaching $4.81. The company had a trading volume of 265,837 shares, compared to its average volume of 146,763. The business's 50-day simple moving average is $5.10 and its 200 day simple moving average is $5.11. The stock has a market cap of $251.47 million, a P/E ratio of -3.76 and a beta of 1.65. Quad/Graphics has a 1 year low of $2.68 and a 1 year high of $6.75. The company has a current ratio of 0.74, a quick ratio of 0.52 and a debt-to-equity ratio of 3.08.

Quad/Graphics (NYSE:QUAD - Get Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.10. The business had revenue of $787.90 million during the quarter, compared to analysts' expectations of $758.40 million. Quad/Graphics had a negative net margin of 2.07% and a positive return on equity of 17.00%. During the same quarter last year, the company posted $0.41 earnings per share. On average, analysts forecast that Quad/Graphics will post 0.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Quad/Graphics

A number of institutional investors have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Quad/Graphics during the third quarter valued at about $69,000. Mackenzie Financial Corp acquired a new position in shares of Quad/Graphics in the fourth quarter valued at approximately $72,000. SG Americas Securities LLC acquired a new position in shares of Quad/Graphics in the third quarter valued at approximately $76,000. Brandywine Global Investment Management LLC grew its holdings in shares of Quad/Graphics by 17.9% in the third quarter. Brandywine Global Investment Management LLC now owns 17,850 shares of the business services provider's stock valued at $90,000 after purchasing an additional 2,710 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Quad/Graphics by 258.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 20,574 shares of the business services provider's stock valued at $103,000 after purchasing an additional 14,829 shares in the last quarter. 39.52% of the stock is owned by hedge funds and other institutional investors.

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.