Quad/Graphics (NYSE:QUAD) Given “Outperform” Rating at Barrington Research

Quad/Graphics (NYSE:QUAD)‘s stock had its “outperform” rating reiterated by analysts at Barrington Research in a report released on Friday,Benzinga reports. They presently have a $10.00 price objective on the business services provider’s stock. Barrington Research’s target price would suggest a potential upside of 63.53% from the stock’s current price.

Several other analysts also recently issued reports on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $10.30 price target on shares of Quad/Graphics in a research report on Tuesday. StockNews.com downgraded shares of Quad/Graphics from a “strong-buy” rating to a “buy” rating in a report on Friday, January 31st.

Quad/Graphics Stock Down 6.5 %

NYSE QUAD traded down $0.43 during mid-day trading on Friday, hitting $6.12. The company’s stock had a trading volume of 197,839 shares, compared to its average volume of 266,939. The company’s 50 day simple moving average is $7.04 and its 200 day simple moving average is $6.16. Quad/Graphics has a twelve month low of $4.06 and a twelve month high of $9.13. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. The firm has a market capitalization of $318.71 million, a price-to-earnings ratio of -5.60 and a beta of 1.57.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.02). Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. The business had revenue of $708.40 million during the quarter, compared to analyst estimates of $726.70 million. Analysts anticipate that Quad/Graphics will post 1.08 earnings per share for the current year.

Hedge Funds Weigh In On Quad/Graphics

A number of hedge funds have recently bought and sold shares of QUAD. Miller Value Partners LLC boosted its holdings in Quad/Graphics by 33.7% during the 4th quarter. Miller Value Partners LLC now owns 2,518,130 shares of the business services provider’s stock worth $17,551,000 after acquiring an additional 634,315 shares during the last quarter. Heartland Advisors Inc. purchased a new position in shares of Quad/Graphics in the 4th quarter worth about $2,091,000. Bank of New York Mellon Corp boosted its holdings in shares of Quad/Graphics by 171.3% in the 4th quarter. Bank of New York Mellon Corp now owns 293,552 shares of the business services provider’s stock worth $2,046,000 after buying an additional 185,344 shares during the last quarter. Inspire Investing LLC purchased a new position in shares of Quad/Graphics in the 4th quarter worth about $1,150,000. Finally, HighTower Advisors LLC purchased a new position in shares of Quad/Graphics in the 4th quarter worth about $847,000. 39.52% of the stock is owned by hedge funds and other institutional investors.

Quad/Graphics Company Profile

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.