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

Barrington Research reissued their outperform rating on shares of Quad/Graphics (NYSE:QUAD) in a research report released on Tuesday morning,Benzinga reports. The firm currently has a $10.00 price objective on the business services provider’s stock.

QUAD has been the topic of a number of other reports. Rosenblatt Securities raised their price target on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research note on Monday. StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 26th.

Quad/Graphics Price Performance

NYSE:QUAD opened at $7.15 on Tuesday. The firm has a market cap of $372.65 million, a price-to-earnings ratio of -4.35 and a beta of 1.57. Quad/Graphics has a 12-month low of $4.06 and a 12-month high of $7.94. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. The company’s 50-day moving average is $5.85 and its two-hundred day moving average is $5.30.

Quad/Graphics (NYSE:QUAD) last released its earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The firm had revenue of $674.80 million during the quarter, compared to analysts’ expectations of $654.90 million. During the same period in the previous year, the company earned $0.11 EPS. Research analysts expect that Quad/Graphics will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 18th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date is Monday, November 18th. Quad/Graphics’s payout ratio is currently -12.12%.

Hedge Funds Weigh In On Quad/Graphics

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. lifted its position in shares of Quad/Graphics by 271.2% during the second quarter. Harbor Capital Advisors Inc. now owns 32,175 shares of the business services provider’s stock worth $175,000 after purchasing an additional 23,507 shares in the last quarter. Inspire Investing LLC purchased a new stake in Quad/Graphics during the 2nd quarter worth $850,000. Vanguard Group Inc. lifted its holdings in Quad/Graphics by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 1,767,528 shares of the business services provider’s stock worth $9,386,000 after buying an additional 11,139 shares in the last quarter. SG Americas Securities LLC purchased a new position in Quad/Graphics in the 3rd quarter valued at about $54,000. Finally, GAMMA Investing LLC purchased a new position in Quad/Graphics in the 2nd quarter valued at about $68,000. Institutional investors and hedge funds own 39.52% of the company’s stock.

About Quad/Graphics

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.