Quad Graphics (NYSE:QUAD) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Quad Graphics, Inc (NYSE:QUAD) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.14 and traded as low as $5.98. Quad Graphics shares last traded at $6.0450, with a volume of 115,185 shares.

Wall Street Analyst Weigh In

QUAD has been the topic of a number of recent analyst reports. Zacks Research downgraded shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Barrington Research reiterated an “outperform” rating and set a $10.00 price objective on shares of Quad Graphics in a research note on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of Quad Graphics in a research report on Wednesday. Finally, Rosenblatt Securities lowered their price target on Quad Graphics from $8.60 to $8.20 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $9.10.

Quad Graphics Price Performance

The company has a market cap of $311.84 million, a price-to-earnings ratio of 14.95 and a beta of 1.06. The company has a current ratio of 0.98, a quick ratio of 0.65 and a debt-to-equity ratio of 4.49. The business has a 50-day moving average price of $6.16 and a 200 day moving average price of $6.07.

Quad Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, October 28th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. Quad Graphics had a return on equity of 62.52% and a net margin of 0.82%.The company had revenue of $588.00 million for the quarter, compared to analyst estimates of $605.45 million. As a group, research analysts expect that Quad Graphics, Inc will post 1.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Quad Graphics

Several hedge funds have recently made changes to their positions in QUAD. State of Alaska Department of Revenue purchased a new position in Quad Graphics during the 4th quarter worth approximately $29,000. BNP Paribas Financial Markets grew its holdings in shares of Quad Graphics by 113.1% during the third quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock valued at $36,000 after buying an additional 3,019 shares in the last quarter. CWM LLC raised its position in Quad Graphics by 48.3% during the second quarter. CWM LLC now owns 7,572 shares of the business services provider’s stock valued at $43,000 after buying an additional 2,466 shares during the period. Ameriprise Financial Inc. purchased a new stake in Quad Graphics in the 3rd quarter worth about $75,000. Finally, Kathmere Capital Management LLC acquired a new stake in Quad Graphics during the 4th quarter worth about $82,000. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad Graphics Company Profile

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.