Zacks: Quad/Graphics (QUAD) Receives Average Rating of “Strong Buy” from Analysts

Shares of Quad/Graphics (NYSE:QUAD) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports.

Zacks has also assigned Quad/Graphics an industry rank of 76 out of 265 based on the ratings given to its competitors.

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In other Quad/Graphics news, insider David A. Blais sold 38,976 shares of the company’s stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $25.96, for a total transaction of $1,011,816.96. Following the completion of the sale, the insider now directly owns 83,104 shares in the company, valued at $2,157,379.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP David A. Blais sold 73,829 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $30.11, for a total value of $2,222,991.19. Following the sale, the executive vice president now owns 119,112 shares of the company’s stock, valued at $3,586,462.32. The disclosure for this sale can be found here. Insiders have sold 349,136 shares of company stock valued at $9,701,909 over the last 90 days. 7.70% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in the business. Teachers Advisors LLC increased its stake in Quad/Graphics by 3.1% during the fourth quarter. Teachers Advisors LLC now owns 81,645 shares of the business services provider’s stock worth $1,845,000 after acquiring an additional 2,491 shares during the last quarter. California Public Employees Retirement System boosted its position in shares of Quad/Graphics by 2.9% in the third quarter. California Public Employees Retirement System now owns 112,417 shares of the business services provider’s stock worth $2,542,000 after buying an additional 3,117 shares during the period. American International Group Inc. boosted its position in shares of Quad/Graphics by 15.4% in the fourth quarter. American International Group Inc. now owns 24,612 shares of the business services provider’s stock worth $556,000 after buying an additional 3,293 shares during the period. TIAA CREF Investment Management LLC boosted its position in shares of Quad/Graphics by 3.9% in the fourth quarter. TIAA CREF Investment Management LLC now owns 197,979 shares of the business services provider’s stock worth $4,474,000 after buying an additional 7,389 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Quad/Graphics by 1.7% in the third quarter. Schwab Charles Investment Management Inc. now owns 476,042 shares of the business services provider’s stock worth $10,764,000 after buying an additional 8,052 shares during the period. Institutional investors own 50.77% of the company’s stock.

Quad/Graphics stock traded up $0.32 during trading on Tuesday, hitting $25.72. The company’s stock had a trading volume of 152,260 shares, compared to its average volume of 324,844. The firm has a market capitalization of $1,323.47, a P/E ratio of 13.95 and a beta of 1.11. Quad/Graphics has a 1-year low of $18.16 and a 1-year high of $31.29. The company has a current ratio of 1.22, a quick ratio of 0.89 and a debt-to-equity ratio of 1.76.

Quad/Graphics (NYSE:QUAD) last released its earnings results on Wednesday, February 21st. The business services provider reported $0.58 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.58. The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.14 billion. Quad/Graphics had a return on equity of 19.46% and a net margin of 2.59%. The business’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 earnings per share.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Monday, March 19th were paid a $0.30 dividend. The ex-dividend date of this dividend was Friday, March 16th. This represents a $1.20 annualized dividend and a yield of 4.67%.

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Quad/Graphics Company Profile

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

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