Barrington Research Reaffirms “Outperform” Rating for Quad/Graphics (NYSE:QUAD)

Quad/Graphics (NYSE:QUAD)‘s stock had its “outperform” rating restated by equities research analysts at Barrington Research in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $8.50 price objective on the business services provider’s stock. Barrington Research’s price target indicates a potential upside of 94.51% from the stock’s previous close.

QUAD has been the topic of several other reports. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 16th. Rosenblatt Securities boosted their target price on shares of Quad/Graphics from $7.50 to $7.60 and gave the company a “buy” rating in a research note on Thursday, August 1st.

Quad/Graphics Stock Performance

NYSE QUAD remained flat at $4.37 during trading hours on Friday. 67,088 shares of the company were exchanged, compared to its average volume of 152,945. The company has a debt-to-equity ratio of 5.83, a quick ratio of 0.56 and a current ratio of 0.85. The business’s fifty day moving average price is $4.86 and its 200-day moving average price is $4.98. Quad/Graphics has a 12-month low of $3.96 and a 12-month high of $6.75. The company has a market cap of $227.94 million, a PE ratio of -3.50 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.12 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $645.70 million. During the same period in the prior year, the business earned $0.02 earnings per share. Equities analysts expect that Quad/Graphics will post 0.76 earnings per share for the current fiscal year.

Institutional Trading of Quad/Graphics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its holdings in shares of Quad/Graphics by 17.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 81,834 shares of the business services provider’s stock worth $444,000 after acquiring an additional 11,970 shares during the period. Crescent Grove Advisors LLC increased its position in Quad/Graphics by 19.8% during the first quarter. Crescent Grove Advisors LLC now owns 60,490 shares of the business services provider’s stock worth $321,000 after purchasing an additional 10,000 shares during the last quarter. BNP Paribas Financial Markets increased its position in Quad/Graphics by 20.8% during the first quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock worth $245,000 after purchasing an additional 7,947 shares during the last quarter. LSV Asset Management raised its stake in Quad/Graphics by 5.8% during the first quarter. LSV Asset Management now owns 1,118,383 shares of the business services provider’s stock worth $5,939,000 after purchasing an additional 61,431 shares during the period. Finally, Empowered Funds LLC boosted its holdings in shares of Quad/Graphics by 8.1% in the 1st quarter. Empowered Funds LLC now owns 246,202 shares of the business services provider’s stock valued at $1,307,000 after purchasing an additional 18,550 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.