Quad Graphics (NYSE:QUAD) Cut to "Buy" at Wall Street Zen

Key Points

• Quad Graphics' stock rating has been downgraded by Wall Street Zen from "strong-buy" to "buy," reflecting a shift in analyst sentiment.
• Rosenblatt Securities has also lowered its price objective for Quad Graphics from $8.90 to $8.60, while Barrington Research maintains an "outperform" rating with a target of $10.00.
• The company's recent earnings report showed a positive EPS of $0.14, exceeding expectations, but it also noted a negative net margin of -0.55%.

Quad Graphics (NYSE:QUAD - Get Free Report) was downgraded by analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued on Saturday.

Other equities research analysts have also recently issued research reports about the stock. Rosenblatt Securities cut their price objective on shares of Quad Graphics from $8.90 to $8.60 and set a "buy" rating for the company in a research report on Thursday. Barrington Research reaffirmed an "outperform" rating and set a $10.00 price target on shares of Quad Graphics in a report on Tuesday.

Quad Graphics Stock Performance

Shares of QUAD stock opened at $5.71 on Friday. Quad Graphics has a 52 week low of $4.06 and a 52 week high of $9.13. The company has a market capitalization of $288.98 million, a price-to-earnings ratio of -17.84 and a beta of 1.43. The company has a 50-day simple moving average of $5.60 and a 200 day simple moving average of $5.80. The company has a debt-to-equity ratio of 4.85, a quick ratio of 0.66 and a current ratio of 0.92.

Quad Graphics (NYSE:QUAD - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. The firm had revenue of $571.90 million during the quarter, compared to the consensus estimate of $555.05 million. Quad Graphics had a negative net margin of 0.55% and a positive return on equity of 70.06%. On average, sell-side analysts predict that Quad Graphics will post 1.08 earnings per share for the current year.

Institutional Trading of Quad Graphics

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in Quad Graphics by 467.6% during the fourth quarter. JPMorgan Chase & Co. now owns 80,250 shares of the business services provider's stock worth $559,000 after acquiring an additional 66,111 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Quad Graphics by 50.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 254,479 shares of the business services provider's stock valued at $1,774,000 after purchasing an additional 85,565 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Quad Graphics by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 679,717 shares of the business services provider's stock valued at $4,739,000 after purchasing an additional 10,681 shares during the last quarter. Trexquant Investment LP increased its position in Quad Graphics by 110.3% during the 4th quarter. Trexquant Investment LP now owns 59,204 shares of the business services provider's stock worth $413,000 after purchasing an additional 31,050 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new position in Quad Graphics in the 4th quarter valued at approximately $195,000. 39.52% of the stock is owned by institutional investors and hedge funds.

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.

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