Rosenblatt Securities Issues Pessimistic Forecast for Quad/Graphics (NYSE:QUAD) Stock Price

Quad/Graphics (NYSE:QUAD - Free Report) had its target price trimmed by Rosenblatt Securities from $10.30 to $8.90 in a research report sent to investors on Thursday, Marketbeat.com reports. The brokerage currently has a buy rating on the business services provider's stock.

Several other research firms have also commented on QUAD. StockNews.com raised shares of Quad/Graphics from a "buy" rating to a "strong-buy" rating in a report on Wednesday, April 2nd. Barrington Research reaffirmed an "outperform" rating and set a $10.00 target price on shares of Quad/Graphics in a report on Friday, February 21st.

Quad/Graphics Stock Performance

Quad/Graphics stock traded down $0.13 during trading hours on Thursday, hitting $5.37. 129,573 shares of the stock traded hands, compared to its average volume of 242,868. The firm's 50 day moving average price is $5.36 and its 200-day moving average price is $6.45. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56. The stock has a market capitalization of $280.85 million, a price-to-earnings ratio of -4.89 and a beta of 1.30. Quad/Graphics has a 1 year low of $4.06 and a 1 year high of $9.13.

Quad/Graphics (NYSE:QUAD - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.13. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. The company had revenue of $629.40 million for the quarter, compared to the consensus estimate of $588.05 million. As a group, equities analysts expect that Quad/Graphics will post 1.08 EPS for the current fiscal year.

Quad/Graphics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date of this dividend is Thursday, May 22nd. Quad/Graphics's dividend payout ratio (DPR) is presently -78.95%.

Hedge Funds Weigh In On Quad/Graphics

A number of large investors have recently bought and sold shares of the business. Miller Value Partners LLC raised its stake in shares of Quad/Graphics by 33.7% during the 4th quarter. Miller Value Partners LLC now owns 2,518,130 shares of the business services provider's stock worth $17,551,000 after buying an additional 634,315 shares during the period. Geode Capital Management LLC lifted its holdings in Quad/Graphics by 1.6% during the fourth 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 in the last quarter. Heartland Advisors Inc. acquired a new stake in shares of Quad/Graphics in the fourth quarter valued at about $2,091,000. Empowered Funds LLC increased its stake in shares of Quad/Graphics by 5.1% during the fourth quarter. Empowered Funds LLC now owns 293,761 shares of the business services provider's stock worth $2,048,000 after purchasing an additional 14,275 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Quad/Graphics by 171.3% during the 4th quarter. Bank of New York Mellon Corp now owns 293,552 shares of the business services provider's stock worth $2,046,000 after purchasing an additional 185,344 shares during the last quarter. Institutional investors and hedge funds own 39.52% of the company's stock.

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.