Quad Graphics (NYSE:QUAD) Stock Passes Above 50-Day Moving Average – Should You Sell?

Quad Graphics, Inc (NYSE:QUAD) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.03 and traded as high as $6.49. Quad Graphics shares last traded at $6.35, with a volume of 165,437 shares changing hands.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Rosenblatt Securities lowered their target price on shares of Quad Graphics from $8.60 to $8.20 and set a “buy” rating for the company in a research note on Thursday, October 30th. Weiss Ratings upgraded shares of Quad Graphics from a “sell (d)” rating to a “hold (c)” rating in a research note on Friday, October 31st. Barrington Research reissued an “outperform” rating and issued a $10.00 target price on shares of Quad Graphics in a report on Friday, October 31st. Finally, Zacks Research lowered Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Quad Graphics presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.10.

Quad Graphics Stock Down 1.1%

The company has a debt-to-equity ratio of 4.49, a quick ratio of 0.65 and a current ratio of 0.98. The stock’s fifty day simple moving average is $6.03 and its two-hundred day simple moving average is $6.04. The company has a market capitalization of $323.09 million, a price-to-earnings ratio of 15.49 and a beta of 1.06.

Quad Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, October 28th. The business services provider reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $588.00 million during the quarter, compared to analysts’ expectations of $605.45 million. Quad Graphics had a net margin of 0.82% and a return on equity of 62.52%. On average, sell-side analysts anticipate that Quad Graphics, Inc will post 1.08 EPS for the current year.

Quad Graphics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Monday, November 17th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, November 17th. Quad Graphics’s dividend payout ratio is 73.17%.

Institutional Trading of Quad Graphics

Hedge funds and other institutional investors have recently modified their holdings of the business. Hillsdale Investment Management Inc. increased its stake in Quad Graphics by 23.8% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 52,100 shares of the business services provider’s stock valued at $294,000 after buying an additional 10,000 shares during the period. Inspire Investing LLC raised its holdings in shares of Quad Graphics by 259.2% during the second quarter. Inspire Investing LLC now owns 229,027 shares of the business services provider’s stock worth $1,294,000 after acquiring an additional 165,275 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in Quad Graphics during the second quarter valued at $174,000. Segall Bryant & Hamill LLC purchased a new position in Quad Graphics in the second quarter valued at about $1,763,000. Finally, Nisa Investment Advisors LLC raised its stake in shares of Quad Graphics by 52,512.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 13,153 shares of the business services provider’s stock worth $74,000 after purchasing an additional 13,128 shares in the last quarter. Institutional investors and hedge funds own 39.52% of the company’s stock.

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.