Quad/Graphics (NYSE:QUAD) Upgraded at StockNews.com

Posted by Defense World Staff on Jul 14th, 2023

Quad/Graphics (NYSE:QUAD – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Friday.

Separately, Barrington Research assumed coverage on shares of Quad/Graphics in a research report on Wednesday. They set an “outperform” rating and a $9.00 price objective on the stock.

Quad/Graphics Trading Up 4.1 %

Shares of NYSE QUAD opened at $4.87 on Friday. The company has a market cap of $256.70 million, a PE ratio of -15.71 and a beta of 1.76. The firm’s 50 day moving average price is $3.66 and its 200-day moving average price is $4.02. Quad/Graphics has a 52-week low of $2.12 and a 52-week high of $5.39. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.53 and a current ratio of 0.84.

Quad/Graphics (NYSE:QUAD – Get Free Report) last issued its quarterly earnings data on Tuesday, May 2nd. The business services provider reported $0.15 earnings per share for the quarter. The company had revenue of $766.50 million for the quarter. Quad/Graphics had a negative net margin of 0.44% and a positive return on equity of 34.67%.

Insiders Place Their Bets

In other Quad/Graphics news, CFO Anthony Staniak purchased 17,403 shares of the firm’s stock in a transaction on Friday, May 5th. The shares were acquired at an average cost of $2.83 per share, for a total transaction of $49,250.49. Following the completion of the transaction, the chief financial officer now owns 185,724 shares of the company’s stock, valued at $525,598.92. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 11.38% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in QUAD. UBS Group AG raised its position in Quad/Graphics by 2,432.1% in the first quarter. UBS Group AG now owns 3,545 shares of the business services provider’s stock worth $25,000 after acquiring an additional 3,405 shares during the period. IAM Advisory LLC purchased a new stake in shares of Quad/Graphics in the fourth quarter worth $41,000. Royal Bank of Canada increased its stake in shares of Quad/Graphics by 1,678.2% in the first quarter. Royal Bank of Canada now owns 5,868 shares of the business services provider’s stock worth $41,000 after purchasing an additional 5,538 shares in the last quarter. Prudential Financial Inc. purchased a new stake in shares of Quad/Graphics in the second quarter worth $41,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of Quad/Graphics in the first quarter worth $44,000. 32.16% of the stock is currently owned by institutional investors.

Quad/Graphics Company Profile

(Get Free Report)

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.