TheStreet Lowers Quad Graphics, Inc (QUAD) to C+

Quad Graphics, Inc (NYSE:QUAD) was downgraded by stock analysts at TheStreet from a “b-” rating to a “c+” rating in a note issued to investors on Friday, August 4th.

Separately, BidaskClub lowered Quad Graphics from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th.

Quad Graphics (NYSE QUAD) opened at 18.35 on Friday. The firm has a market capitalization of $954.95 million, a price-to-earnings ratio of 11.80 and a beta of 1.39. Quad Graphics has a one year low of $18.16 and a one year high of $29.04. The stock’s 50 day moving average price is $21.37 and its 200-day moving average price is $23.69.

Quad Graphics (NYSE:QUAD) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.11. The company had revenue of $963.20 million for the quarter, compared to analyst estimates of $985.85 million. Quad Graphics had a return on equity of 22.79% and a net margin of 1.92%. The business’s revenue was down 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 earnings per share. On average, equities research analysts anticipate that Quad Graphics will post $1.79 earnings per share for the current fiscal year.

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In other news, Director Kathryn Quadracci Flores sold 115,000 shares of the stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $22.42, for a total transaction of $2,578,300.00. Following the transaction, the director now owns 166,241 shares in the company, valued at $3,727,123.22. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Douglas P. Buth bought 2,600 shares of the stock in a transaction dated Friday, August 4th. The shares were purchased at an average price of $18.74 per share, for a total transaction of $48,724.00. The disclosure for this purchase can be found here. 12.05% of the stock is currently owned by company insiders.

Institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC raised its position in shares of Quad Graphics by 0.7% in the second quarter. Nisa Investment Advisors LLC now owns 29,070 shares of the business services provider’s stock worth $654,000 after buying an additional 210 shares during the period. HighTower Advisors LLC raised its position in Quad Graphics by 4.4% in the second quarter. HighTower Advisors LLC now owns 10,444 shares of the business services provider’s stock worth $241,000 after buying an additional 444 shares during the period. Massachusetts Financial Services Co. MA raised its position in Quad Graphics by 1.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 32,712 shares of the business services provider’s stock worth $826,000 after buying an additional 594 shares during the period. US Bancorp DE raised its position in Quad Graphics by 17.9% in the first quarter. US Bancorp DE now owns 4,878 shares of the business services provider’s stock worth $123,000 after buying an additional 739 shares during the period. Finally, Strs Ohio raised its position in Quad Graphics by 2.4% in the second quarter. Strs Ohio now owns 34,200 shares of the business services provider’s stock worth $783,000 after buying an additional 800 shares during the period. Institutional investors own 52.78% of the company’s stock.

Quad Graphics Company Profile

Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes 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 global paper procurement.

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