Quad Graphics (NYSE:QUAD) Announces Quarterly Earnings Results

Quad Graphics (NYSE:QUAD) issued its quarterly earnings results on Tuesday. The business services provider reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.04, Zacks reports. Quad Graphics had a return on equity of 47.27% and a net margin of 1.16%.

Quad Graphics Trading Down 1.2%

Shares of QUAD stock traded down $0.11 during mid-day trading on Tuesday, reaching $8.39. 176,653 shares of the stock traded hands, compared to its average volume of 198,242. The company has a market cap of $432.79 million, a price-to-earnings ratio of 14.99 and a beta of 1.11. The company has a quick ratio of 0.65, a current ratio of 0.94 and a debt-to-equity ratio of 3.04. The stock’s fifty day simple moving average is $7.91 and its two-hundred day simple moving average is $7.19. Quad Graphics has a 1-year low of $5.01 and a 1-year high of $8.84.

Quad Graphics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 17th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Monday, August 17th. Quad Graphics’s dividend payout ratio (DPR) is presently 71.43%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in QUAD. Geode Capital Management LLC boosted its position in Quad Graphics by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider’s stock worth $3,977,000 after buying an additional 1,837 shares during the period. American Century Companies Inc. increased its position in Quad Graphics by 3.8% in the 2nd quarter. American Century Companies Inc. now owns 70,767 shares of the business services provider’s stock valued at $400,000 after acquiring an additional 2,558 shares during the period. Mackenzie Financial Corp lifted its holdings in shares of Quad Graphics by 17.0% during the third quarter. Mackenzie Financial Corp now owns 19,893 shares of the business services provider’s stock worth $125,000 after purchasing an additional 2,885 shares during the period. BNP Paribas Financial Markets lifted 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 worth $36,000 after purchasing an additional 3,019 shares during the period. Finally, CANADA LIFE ASSURANCE Co bought a new stake in shares of Quad Graphics in the fourth quarter worth $26,000. Institutional investors own 39.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Quad Graphics in a report on Friday. Benchmark assumed coverage on Quad Graphics in a report on Tuesday, April 7th. They set a “buy” rating and a $10.00 price target for the company. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $9.93.

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.