Quad Graphics, Inc (NYSE:QUAD) Given Consensus Rating of "Buy" by Analysts

Key Points

• Analysts rate Quad Graphics a consensus “Buy”: three analysts recommend buying, one rates it a hold, and one gives a strong-buy rating. The average 12-month price target is $12.00 versus the reported share price of $10.14.
• Quad Graphics exceeded quarterly expectations, reporting $0.24 in EPS versus the $0.20 consensus and revenue of $577.5 million compared with estimates of $545.15 million.
• The company declared a quarterly dividend of $0.10 per share, equivalent to $0.40 annually and a 3.9% yield, with payment scheduled for September 4 to shareholders of record on August 17.

Shares of Quad Graphics, Inc (NYSE:QUAD - Get Free Report) have been assigned an average recommendation of "Buy" from the five research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $12.00.

Several equities research analysts have weighed in on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Quad Graphics in a research note on Friday, July 24th. Benchmark lifted their target price on Quad Graphics from $10.00 to $13.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Zacks Research raised Quad Graphics from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 3rd. Finally, Rosenblatt Securities increased their price target on Quad Graphics from $9.80 to $13.00 and gave the company a "buy" rating in a report on Thursday, July 30th.

Quad Graphics Trading Down 0.4%

Shares of QUAD opened at $10.14 on Monday. The stock has a market capitalization of $521.80 million, a PE ratio of 16.10 and a beta of 1.11. The company's fifty day moving average is $8.38 and its 200 day moving average is $7.42. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.60 and a current ratio of 0.87. Quad Graphics has a fifty-two week low of $5.12 and a fifty-two week high of $11.15.

Quad Graphics (NYSE:QUAD - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.04. The business had revenue of $577.50 million during the quarter, compared to analysts' expectations of $545.15 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%. Sell-side analysts expect that Quad Graphics will post 1.27 earnings per share for the current fiscal year.

Quad Graphics Dividend Announcement

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

Hedge Funds Weigh In On Quad Graphics

Several hedge funds have recently bought and sold shares of the business. Miller Value Partners LLC lifted its position in shares of Quad Graphics by 4.4% during the fourth quarter. Miller Value Partners LLC now owns 2,737,890 shares of the business services provider's stock worth $17,167,000 after purchasing an additional 114,415 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Quad Graphics by 0.7% in the third quarter. Vanguard Group Inc. now owns 1,799,720 shares of the business services provider's stock worth $11,266,000 after purchasing an additional 11,773 shares during the last quarter. LSV Asset Management grew its holdings in shares of Quad Graphics by 0.3% in the fourth quarter. LSV Asset Management now owns 1,353,001 shares of the business services provider's stock worth $8,483,000 after purchasing an additional 3,687 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Quad Graphics by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,135,439 shares of the business services provider's stock worth $7,506,000 after buying an additional 16,815 shares during the period. Finally, Geode Capital Management LLC increased its stake in Quad Graphics by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider's stock worth $3,977,000 after buying an additional 1,837 shares during the period. Institutional investors own 39.52% of the company's stock.

About Quad Graphics

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.

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