Quad/Graphics (NYSE:QUAD) Raised to Strong-Buy at StockNews.com

Quad/Graphics (NYSE:QUAD) was upgraded by equities researchers at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

A number of other equities research analysts have also commented on the company. Rosenblatt Securities upped their target price on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research report on Monday, November 25th. Barrington Research reiterated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research note on Tuesday, November 26th.

Quad/Graphics Trading Up 1.1 %

NYSE QUAD opened at $6.72 on Friday. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $9.13. The company has a 50 day moving average price of $7.35 and a 200 day moving average price of $5.85. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. The firm has a market cap of $350.24 million, a PE ratio of -4.07 and a beta of 1.59.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. The company had revenue of $674.80 million during the quarter, compared to analysts’ expectations of $654.90 million. During the same period last year, the business posted $0.11 earnings per share. As a group, sell-side analysts forecast that Quad/Graphics will post 0.84 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Inspire Investing LLC purchased a new position in shares of Quad/Graphics during the 2nd quarter worth approximately $850,000. State Street Corp boosted its position in shares of Quad/Graphics by 2.0% during the third quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock worth $2,447,000 after buying an additional 10,431 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Quad/Graphics by 450.4% in the third quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock valued at $214,000 after buying an additional 38,588 shares in the last quarter. FMR LLC raised its holdings in shares of Quad/Graphics by 1,103.6% in the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after buying an additional 20,218 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Quad/Graphics during the 3rd quarter worth about $54,000. 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.