Quad/Graphics (NYSE:QUAD – Get Free Report) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.
QUAD has been the subject of a number of other reports. Barrington Research reissued an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a research report on Tuesday, November 26th. Rosenblatt Securities lifted their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research note on Monday, November 25th.
View Our Latest Research Report on QUAD
Quad/Graphics Stock Performance
Quad/Graphics (NYSE:QUAD – Get Free Report) last released its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (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 firm had revenue of $674.80 million during the quarter, compared to analyst estimates of $654.90 million. During the same period last year, the business posted $0.11 earnings per share. On average, research analysts predict that Quad/Graphics will post 0.84 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in QUAD. Cubist Systematic Strategies LLC increased its position in Quad/Graphics by 20.7% during 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 during the period. Martingale Asset Management L P raised its holdings in Quad/Graphics by 5.4% during the third quarter. Martingale Asset Management L P now owns 93,712 shares of the business services provider’s stock worth $425,000 after purchasing an additional 4,808 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Quad/Graphics by 3.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock worth $1,058,000 after buying an additional 7,914 shares during the last quarter. PFG Investments LLC boosted its position in shares of Quad/Graphics by 17.3% in the 3rd quarter. PFG Investments LLC now owns 61,253 shares of the business services provider’s stock worth $278,000 after buying an additional 9,025 shares in the last quarter. Finally, State Street Corp grew its stake in Quad/Graphics by 2.0% in the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock valued at $2,447,000 after acquiring an additional 10,431 shares during the last quarter. Hedge funds and other institutional investors 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.
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