Quad/Graphics (QUAD) Reaches New 1-Year Low at $14.91

Quad/Graphics, Inc. (NYSE:QUAD) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $14.91 and last traded at $15.39, with a volume of 22081 shares traded. The stock had previously closed at $15.46.

Several equities research analysts have issued reports on QUAD shares. Buckingham Research increased their price target on Quad/Graphics from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, November 1st. Sanford C. Bernstein downgraded Quad/Graphics from an “outperform” rating to a “market perform” rating in a report on Thursday, August 23rd. ValuEngine downgraded Quad/Graphics from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. Finally, Zacks Investment Research upgraded Quad/Graphics from a “hold” rating to a “strong-buy” rating and set a $27.00 price target for the company in a report on Wednesday, August 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $28.50.

The company has a debt-to-equity ratio of 2.00, a current ratio of 1.27 and a quick ratio of 0.81. The firm has a market capitalization of $797.80 million, a PE ratio of 8.39 and a beta of 1.50.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings data on Wednesday, October 31st. The business services provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.03). The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. Quad/Graphics had a return on equity of 18.09% and a net margin of 2.03%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.38 earnings per share. On average, equities analysts forecast that Quad/Graphics, Inc. will post 1.8 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 7th. Stockholders of record on Monday, November 19th were given a dividend of $0.30 per share. The ex-dividend date was Friday, November 16th. This represents a $1.20 annualized dividend and a dividend yield of 8.27%. Quad/Graphics’s dividend payout ratio is currently 66.67%.

Hedge funds have recently bought and sold shares of the company. C M Bidwell & Associates Ltd. acquired a new position in shares of Quad/Graphics during the third quarter worth about $118,000. Sun Life Financial INC acquired a new position in shares of Quad/Graphics during the second quarter worth about $183,000. SG Americas Securities LLC boosted its position in shares of Quad/Graphics by 48.3% during the second quarter. SG Americas Securities LLC now owns 9,265 shares of the business services provider’s stock worth $193,000 after buying an additional 3,019 shares during the period. Engineers Gate Manager LP acquired a new position in shares of Quad/Graphics during the second quarter worth about $329,000. Finally, Paloma Partners Management Co acquired a new position in shares of Quad/Graphics during the third quarter worth about $357,000. 52.99% of the stock is owned by institutional investors.

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About Quad/Graphics (NYSE:QUAD)

Quad/Graphics, Inc provides print and marketing services in the United States, Europe, Latin America, and internationally. It operates through United States Print and Related Services, and International segments. The company offers printing services, including retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products; and paper procurement services.

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