Quad/Graphics (NYSE:QUAD) Cut to Buy at StockNews.com

Quad/Graphics (NYSE:QUAD) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Friday.

QUAD has been the topic of several other research reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $7.60 target price on shares of Quad/Graphics in a report on Tuesday, September 24th. Barrington Research reaffirmed an “outperform” rating and set a $8.50 price objective on shares of Quad/Graphics in a research note on Friday, September 20th.

Quad/Graphics Stock Down 0.5 %

QUAD opened at $5.49 on Friday. The business’s fifty day simple moving average is $4.72 and its 200 day simple moving average is $4.96. Quad/Graphics has a 52 week low of $3.96 and a 52 week high of $6.75. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 5.83. The stock has a market cap of $286.36 million, a PE ratio of -4.61 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Tuesday, July 30th. The business services provider reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $634.20 million for the quarter, compared to analysts’ expectations of $645.70 million. Quad/Graphics had a positive return on equity of 26.62% and a negative net margin of 2.00%. During the same period last year, the firm posted $0.02 EPS. As a group, research analysts expect that Quad/Graphics will post 0.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Quad/Graphics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QUAD. EMC Capital Management grew its position in shares of Quad/Graphics by 11.7% in the 1st quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $133,000 after buying an additional 2,623 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in Quad/Graphics by 20.7% in the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after acquiring an additional 4,023 shares during the period. Exchange Traded Concepts LLC boosted its holdings in Quad/Graphics by 3.5% in the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock valued at $1,058,000 after acquiring an additional 7,914 shares in the last quarter. BNP Paribas Financial Markets increased its position in Quad/Graphics by 20.8% during the 1st quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock valued at $245,000 after purchasing an additional 7,947 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in Quad/Graphics by 9.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 89,865 shares of the business services provider’s stock worth $477,000 after purchasing an additional 8,031 shares in the last quarter. 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.