Quad Graphics (NYSE:QUAD) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Quad Graphics (NYSE:QUAD) posted its quarterly earnings data on Wednesday. The business services provider reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01), FiscalAI reports. The firm had revenue of $586.70 million during the quarter, compared to analyst estimates of $583.27 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%.

Quad Graphics Trading Down 2.2%

Quad Graphics stock traded down $0.20 during trading on Wednesday, reaching $9.32. 231,656 shares of the company were exchanged, compared to its average volume of 249,179. Quad Graphics has a 52-week low of $5.12 and a 52-week high of $11.15. The company has a market capitalization of $479.86 million, a P/E ratio of 14.80 and a beta of 1.12. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.87 and a quick ratio of 0.60. The stock’s 50 day simple moving average is $9.71 and its two-hundred day simple moving average is $8.03.

Quad Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Tuesday, November 17th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, November 17th. Quad Graphics’s dividend payout ratio (DPR) is currently 63.49%.

Analysts Set New Price Targets

A number of brokerages have recently commented on QUAD. Benchmark increased their target price on shares of Quad Graphics from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Rosenblatt Securities boosted their price target on shares of Quad Graphics from $9.80 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of Quad Graphics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Finally, Zacks Research cut shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

About Quad Graphics

Quad (NYSE: QUAD), formerly Quad/Graphics, is a marketing experience company that helps organizations plan, create, produce and distribute marketing communications. Its services span creative and content development, data and analytics, media planning and buying, marketing management, and production.

The company also provides commercial printing, packaging, direct mail, in-store marketing materials and other physical communications. By combining these capabilities with digital and technology services, Quad supports integrated marketing programs designed to connect brands with consumers across print, digital and other channels.

Quad was founded in 1971 by Harry V.