Quad Graphics (NYSE:QUAD) Stock Rating Lowered by Zacks Research

Key Points

• Quad Graphics has been downgraded by Zacks Research from a "strong-buy" rating to a "hold" rating.
• Despite the downgrade, analysts from Barrington Research and Wall Street Zen maintain a positive outlook, with Barrington issuing a price target of $10.00 and Wall Street Zen downgrading only to a "buy" rating.
• As of the latest report, Quad Graphics has a market capitalization of approximately $315.94 million and reported a quarterly revenue of $571.90 million, surpassing estimates.

Quad Graphics (NYSE:QUAD - Get Free Report) was downgraded by equities researchers at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued on Monday,Zacks.com reports.

Several other equities research analysts also recently issued reports on the company. Barrington Research restated an "outperform" rating and issued a $10.00 price target on shares of Quad Graphics in a report on Tuesday, July 29th. Wall Street Zen downgraded Quad Graphics from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, Rosenblatt Securities decreased their price objective on Quad Graphics from $8.90 to $8.60 and set a "buy" rating for the company in a report on Thursday, July 31st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $9.30.

Quad Graphics Stock Down 2.0%

Shares of Quad Graphics stock opened at $6.26 on Monday. Quad Graphics has a 1 year low of $4.47 and a 1 year high of $9.13. The business has a 50-day moving average of $6.34 and a two-hundred day moving average of $5.76. The company has a market capitalization of $315.94 million, a P/E ratio of -19.56 and a beta of 1.44. The company has a debt-to-equity ratio of 4.85, a current ratio of 0.92 and a quick ratio of 0.64.

Quad Graphics (NYSE:QUAD - Get Free Report) last announced its quarterly earnings results 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. Quad Graphics had a positive return on equity of 70.06% and a negative net margin of 0.55%.The company had revenue of $571.90 million during the quarter, compared to the consensus estimate of $555.05 million. As a group, equities analysts predict that Quad Graphics will post 1.08 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of QUAD. State of Wyoming acquired a new stake in shares of Quad Graphics in the second quarter valued at approximately $123,000. Evergreen Capital Management LLC acquired a new stake in shares of Quad Graphics in the second quarter valued at approximately $85,000. Brevan Howard Capital Management LP acquired a new stake in shares of Quad Graphics in the second quarter valued at approximately $135,000. Bank of America Corp DE lifted its position in shares of Quad Graphics by 14.1% in the second quarter. Bank of America Corp DE now owns 116,649 shares of the business services provider's stock valued at $659,000 after buying an additional 14,446 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Quad Graphics in the second quarter valued at approximately $594,000. 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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