Quad Graphics (NYSE:QUAD) Announces Quarterly Earnings Results

Quad Graphics (NYSE:QUAD) posted its quarterly earnings data on Tuesday. The business services provider reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01), FiscalAI reports. Quad Graphics had a net margin of 0.82% and a return on equity of 62.52%. The business had revenue of $630.60 million during the quarter, compared to analyst estimates of $632.90 million.

Quad Graphics Price Performance

NYSE QUAD traded up $0.01 during trading hours on Tuesday, reaching $6.55. The company’s stock had a trading volume of 285,715 shares, compared to its average volume of 141,136. 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 company’s 50-day moving average is $6.27 and its two-hundred day moving average is $6.13. Quad Graphics has a fifty-two week low of $4.50 and a fifty-two week high of $8.04. The stock has a market cap of $333.26 million, a PE ratio of 15.98 and a beta of 1.10.

Quad Graphics Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, February 27th. This is a positive change from Quad Graphics’s previous quarterly dividend of $0.08. Quad Graphics’s dividend payout ratio is currently 73.17%.

Institutional Investors Weigh In On Quad Graphics

Institutional investors and hedge funds have recently bought and sold shares of the stock. CANADA LIFE ASSURANCE Co purchased a new position in Quad Graphics during the fourth quarter worth $26,000. BNP Paribas Financial Markets increased its position in Quad Graphics by 113.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock worth $36,000 after purchasing an additional 3,019 shares in the last quarter. HRT Financial LP acquired a new position in Quad Graphics in the 4th quarter valued at about $74,000. Ameriprise Financial Inc. purchased a new position in Quad Graphics in the 3rd quarter valued at about $75,000. Finally, Evergreen Capital Management LLC acquired a new stake in shares of Quad Graphics during the 2nd quarter worth about $85,000. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on QUAD shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a research note on Wednesday, January 28th. Rosenblatt Securities dropped their price objective on shares of Quad Graphics from $8.60 to $8.20 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Barrington Research restated an “outperform” rating and issued a $10.00 target price on shares of Quad Graphics in a research note on Friday, October 31st. Finally, Zacks Research cut shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Quad Graphics currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.10.

Quad Graphics Company Profile

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.