Quad Graphics, Inc (QUAD) Stock Rating Lowered by TheStreet

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

Separately, BidaskClub upgraded Quad Graphics from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th.

Quad Graphics (NYSE QUAD) opened at 18.35 on Friday. The firm has a market cap of $954.95 million, a P/E ratio of 11.80 and a beta of 1.39. The stock has a 50 day moving average price of $21.37 and a 200 day moving average price of $23.69. Quad Graphics has a 1-year low of $18.16 and a 1-year high of $29.04.

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

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In other Quad Graphics news, Director Kathryn Quadracci Flores sold 115,000 shares of Quad Graphics stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $22.42, for a total value of $2,578,300.00. Following the transaction, the director now directly owns 166,241 shares of the company’s stock, valued at approximately $3,727,123.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Douglas P. Buth bought 2,600 shares of Quad Graphics stock in a transaction dated Friday, August 4th. The shares were acquired at an average cost 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 owned by insiders.

Several institutional investors have recently bought and sold shares of the stock. Creative Planning boosted its position in Quad Graphics by 35.6% in the first quarter. Creative Planning now owns 5,715 shares of the business services provider’s stock valued at $144,000 after buying an additional 1,500 shares during the period. Norges Bank acquired a new position in Quad Graphics during the fourth quarter valued at about $3,625,000. US Bancorp DE boosted 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 valued at $123,000 after buying an additional 739 shares during the period. American Century Companies Inc. boosted its position in Quad Graphics by 5.1% in the first quarter. American Century Companies Inc. now owns 273,170 shares of the business services provider’s stock valued at $6,895,000 after buying an additional 13,182 shares during the period. Finally, American International Group Inc. boosted its position in Quad Graphics by 6.3% in the first quarter. American International Group Inc. now owns 19,978 shares of the business services provider’s stock valued at $505,000 after buying an additional 1,180 shares during the period. 52.78% of the stock is currently owned by hedge funds and other institutional investors.

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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