Quad/Graphics (NYSE:QUAD) Downgraded to “Buy” Rating by StockNews.com

Quad/Graphics (NYSE:QUAD) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a note issued to investors on Friday.

Several other equities analysts have also recently weighed in on QUAD. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price target on shares of Quad/Graphics in a research report on Tuesday, November 26th. Rosenblatt Securities increased their price objective on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a report on Monday, November 25th.

Quad/Graphics Stock Performance

Shares of Quad/Graphics stock opened at $7.55 on Friday. The firm has a market capitalization of $393.50 million, a P/E ratio of -4.58 and a beta of 1.59. 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 company’s 50 day moving average price is $7.14 and its two-hundred day moving average price is $5.76. Quad/Graphics has a fifty-two week low of $4.06 and a fifty-two week high of $9.13.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) 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 the consensus estimate of $654.90 million. During the same quarter in the previous year, the company earned $0.11 EPS. On average, equities analysts forecast that Quad/Graphics will post 0.84 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Quad/Graphics

Several institutional investors and hedge funds have recently bought and sold shares of QUAD. Barclays PLC grew its position in shares of Quad/Graphics by 323.3% in the 3rd quarter. Barclays PLC now owns 42,763 shares of the business services provider’s stock worth $195,000 after buying an additional 32,661 shares during the last quarter. Geode Capital Management LLC boosted its position in Quad/Graphics by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock valued at $3,038,000 after acquiring an additional 15,220 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Quad/Graphics by 96.4% during the 3rd quarter. Jane Street Group LLC now owns 85,111 shares of the business services provider’s stock worth $386,000 after acquiring an additional 41,786 shares during the period. State Street Corp lifted its stake in shares of 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 purchasing an additional 10,431 shares during the period. Finally, Stifel Financial Corp grew its stake in Quad/Graphics by 61.9% in the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock worth $141,000 after purchasing an additional 11,874 shares during the period. 39.52% of the stock is currently owned by institutional investors.

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.