Quad/Graphics’ (QUAD) Outperform Rating Reiterated at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Quad/Graphics (NYSE:QUAD) in a research note issued to investors on Friday, Benzinga reports. The firm currently has a $8.50 price target on the business services provider’s stock.

A number of other brokerages also recently issued reports on QUAD. StockNews.com raised shares of Quad/Graphics from a buy rating to a strong-buy rating in a research report on Tuesday, July 16th. Rosenblatt Securities increased their target price on shares of Quad/Graphics from $7.50 to $7.60 and gave the company a buy rating in a research report on Thursday, August 1st.

Quad/Graphics Trading Up 9.0 %

QUAD opened at $4.86 on Friday. The company has a debt-to-equity ratio of 5.83, a current ratio of 0.85 and a quick ratio of 0.56. Quad/Graphics has a fifty-two week low of $3.96 and a fifty-two week high of $6.75. The firm has a market capitalization of $252.42 million, a PE ratio of -3.89 and a beta of 1.60. The company’s 50-day moving average is $4.81 and its 200 day moving average is $4.97.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings data on Tuesday, July 30th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. Quad/Graphics had a negative net margin of 2.00% and a positive return on equity of 26.62%. The business had revenue of $634.20 million during the quarter, compared to the consensus estimate of $645.70 million. During the same period in the prior year, the firm posted $0.02 EPS. As a group, research analysts predict that Quad/Graphics will post 0.76 earnings per share for the current fiscal year.

Quad/Graphics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Monday, August 19th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend was Monday, August 19th. Quad/Graphics’s dividend payout ratio is presently -16.00%.

Institutional Trading of Quad/Graphics

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in Quad/Graphics in the 2nd quarter worth approximately $68,000. Quadrature Capital Ltd purchased a new stake in Quad/Graphics in the 1st quarter worth approximately $104,000. Heron Bay Capital Management purchased a new stake in Quad/Graphics in the 2nd quarter worth approximately $124,000. Cubist Systematic Strategies LLC lifted its stake in Quad/Graphics by 20.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after purchasing an additional 4,023 shares in the last quarter. Finally, EMC Capital Management lifted its stake in Quad/Graphics by 11.7% in the 1st quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $133,000 after purchasing an additional 2,623 shares in the last quarter. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

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.