Barrington Research Reaffirms “Outperform” Rating for Quad/Graphics (NYSE:QUAD)

Quad/Graphics (NYSE:QUAD)‘s stock had its “outperform” rating reaffirmed by Barrington Research in a research report issued on Tuesday,Benzinga reports. They currently have a $10.00 target price on the business services provider’s stock. Barrington Research’s target price suggests a potential upside of 39.47% from the company’s current price.

QUAD has been the topic of a number of other research reports. Rosenblatt Securities increased their price objective on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a report on Monday. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th.

Quad/Graphics Stock Down 2.6 %

Shares of QUAD traded down $0.19 during mid-day trading on Tuesday, reaching $7.17. The company had a trading volume of 215,581 shares, compared to its average volume of 177,830. The firm has a 50-day moving average price of $5.85 and a 200 day moving average price of $5.30. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The company has a market capitalization of $373.70 million, a price-to-earnings ratio of -4.35 and a beta of 1.57. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $7.94.

Quad/Graphics (NYSE:QUAD) last posted its earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The business had revenue of $674.80 million during the quarter, compared to the consensus estimate of $654.90 million. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. During the same quarter in the previous year, the firm posted $0.11 EPS. On average, sell-side analysts forecast that Quad/Graphics will post 0.84 EPS for the current year.

Institutional Investors Weigh In On Quad/Graphics

A number of institutional investors and hedge funds have recently modified their holdings of QUAD. Inspire Investing LLC acquired a new stake in Quad/Graphics during the second quarter valued at $850,000. Bank of Montreal Can acquired a new stake in shares of Quad/Graphics during the 2nd quarter valued at about $408,000. LSV Asset Management increased its stake in shares of Quad/Graphics by 4.2% in the 2nd quarter. LSV Asset Management now owns 1,165,265 shares of the business services provider’s stock valued at $6,351,000 after purchasing an additional 46,882 shares in the last quarter. Privium Fund Management UK Ltd purchased a new stake in shares of Quad/Graphics in the second quarter valued at approximately $262,000. Finally, Jane Street Group LLC raised its position in Quad/Graphics by 96.4% during the third quarter. Jane Street Group LLC now owns 85,111 shares of the business services provider’s stock worth $386,000 after acquiring an additional 41,786 shares during the period. Institutional investors and hedge funds own 39.52% of the company’s stock.

About Quad/Graphics

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