Quad/Graphics (QUAD) Sets New 1-Year Low at $9.86

Quad/Graphics, Inc. (NYSE:QUAD) hit a new 52-week low on Friday . The company traded as low as $9.86 and last traded at $9.96, with a volume of 4472 shares. The stock had previously closed at $10.69.

Separately, Zacks Investment Research cut shares of Quad/Graphics from a “hold” rating to a “strong sell” rating in a report on Saturday, March 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Quad/Graphics presently has a consensus rating of “Hold” and an average target price of $28.50.

The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 2.81. The firm has a market cap of $514.27 million, a P/E ratio of 5.58 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, April 30th. The business services provider reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.03). Quad/Graphics had a negative net margin of 0.25% and a positive return on equity of 11.56%. The firm had revenue of $1 billion for the quarter, compared to analysts’ expectations of $979.58 million. During the same quarter in the previous year, the company earned $0.58 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, analysts expect that Quad/Graphics, Inc. will post 1.11 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 20th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date is Friday, May 17th. Quad/Graphics’s payout ratio is 67.04%.

In other news, insider Eric N. Ashworth sold 15,000 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $13.14, for a total transaction of $197,100.00. Following the sale, the insider now owns 120,345 shares in the company, valued at $1,581,333.30. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 10.85% of the company’s stock.

Several large investors have recently bought and sold shares of QUAD. Northern Oak Wealth Management Inc. purchased a new stake in shares of Quad/Graphics during the fourth quarter valued at approximately $25,000. IFP Advisors Inc boosted its holdings in Quad/Graphics by 853.5% in the fourth quarter. IFP Advisors Inc now owns 3,814 shares of the business services provider’s stock worth $46,000 after purchasing an additional 3,414 shares during the last quarter. NumerixS Investment Technologies Inc boosted its holdings in Quad/Graphics by 180.0% in the first quarter. NumerixS Investment Technologies Inc now owns 4,200 shares of the business services provider’s stock worth $50,000 after purchasing an additional 2,700 shares during the last quarter. Legal & General Group Plc boosted its holdings in Quad/Graphics by 17.4% in the fourth quarter. Legal & General Group Plc now owns 7,992 shares of the business services provider’s stock worth $99,000 after purchasing an additional 1,183 shares during the last quarter. Finally, Advisor Group Inc. boosted its holdings in Quad/Graphics by 23.8% in the first quarter. Advisor Group Inc. now owns 8,505 shares of the business services provider’s stock worth $101,000 after purchasing an additional 1,637 shares during the last quarter. Hedge funds and other institutional investors own 53.77% of the company’s stock.

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About Quad/Graphics (NYSE:QUAD)

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, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.

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