Quad Graphics (NYSE:QUAD) Stock Rating Upgraded by Wall Street Zen

Quad Graphics (NYSE:QUAD) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Sunday.

Several other equities analysts also recently commented on QUAD. Rosenblatt Securities upped their target price on Quad Graphics from $8.20 to $9.80 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a report on Wednesday, January 28th. Finally, Zacks Research lowered Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Quad Graphics currently has an average rating of “Moderate Buy” and an average target price of $9.90.

Quad Graphics Stock Performance

NYSE QUAD opened at $6.69 on Friday. The stock has a market cap of $349.36 million, a PE ratio of 12.38 and a beta of 1.09. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.63 and a current ratio of 0.86. The firm has a 50-day moving average of $6.53 and a 200-day moving average of $6.20. Quad Graphics has a 52-week low of $4.50 and a 52-week high of $7.54.

Quad Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, February 17th. The business services provider reported $0.36 EPS for the quarter, meeting analysts’ consensus estimates of $0.36. The business had revenue of $630.60 million for the quarter, compared to analyst estimates of $632.90 million. Quad Graphics had a net margin of 1.12% and a return on equity of 49.71%. On average, sell-side analysts anticipate that Quad Graphics will post 1.08 EPS for the current year.

Institutional Investors Weigh In On Quad Graphics

Several institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC bought a new stake in shares of Quad Graphics during the 1st quarter valued at $2,101,000. Zacks Investment Management acquired a new stake in shares of Quad Graphics during the 3rd quarter worth $1,426,000. Segall Bryant & Hamill LLC increased its position in shares of Quad Graphics by 49.5% in the fourth quarter. Segall Bryant & Hamill LLC now owns 462,898 shares of the business services provider’s stock worth $2,902,000 after purchasing an additional 153,172 shares during the period. Millennium Management LLC increased its position in shares of Quad Graphics by 103.5% in the fourth quarter. Millennium Management LLC now owns 278,498 shares of the business services provider’s stock worth $1,746,000 after purchasing an additional 141,648 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in Quad Graphics by 53.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 370,504 shares of the business services provider’s stock valued at $2,093,000 after purchasing an additional 128,656 shares in the last quarter. 39.52% of the stock is currently owned by institutional investors.

About Quad Graphics

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.