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

Quad/Graphics (NYSE:QUAD) had its price objective raised by Rosenblatt Securities from $7.70 to $10.30 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the business services provider’s stock. Rosenblatt Securities’ target price suggests a potential upside of 44.06% from the stock’s previous close.

A number of other research firms have also commented on QUAD. Barrington Research upped their price objective on shares of Quad/Graphics from $8.50 to $10.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th.

Quad/Graphics Trading Down 2.9 %

QUAD opened at $7.15 on Monday. Quad/Graphics has a fifty-two week low of $4.06 and a fifty-two week high of $7.94. 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 firm has a market capitalization of $372.65 million, a price-to-earnings ratio of -4.35 and a beta of 1.57. The company’s 50 day moving average price is $5.85 and its two-hundred day moving average price is $5.30.

Quad/Graphics (NYSE:QUAD) last posted its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $654.90 million. During the same period in the previous year, the firm posted $0.11 EPS. As a group, research analysts predict that Quad/Graphics will post 0.84 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC acquired a new position in shares of Quad/Graphics during the 3rd quarter valued at $54,000. GAMMA Investing LLC acquired a new position in Quad/Graphics during the second quarter worth $68,000. Quadrature Capital Ltd acquired a new position in Quad/Graphics during the first quarter worth $104,000. FMR LLC raised its holdings in Quad/Graphics by 1,103.6% during the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after buying an additional 20,218 shares during the last quarter. Finally, Heron Bay Capital Management acquired a new position in Quad/Graphics during the second quarter worth $124,000. 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.