Quad Graphics, Inc (QUAD) Downgraded by BidaskClub

Quad Graphics, Inc (NYSE:QUAD) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

Separately, TheStreet downgraded Quad Graphics from a “b-” rating to a “c+” rating in a report on Friday, August 4th.

Quad Graphics (NYSE QUAD) opened at $21.90 on Wednesday. Quad Graphics has a twelve month low of $18.16 and a twelve month high of $29.04. The company has a market capitalization of $1,120.00, a P/E ratio of 11.48 and a beta of 1.51. The company has a quick ratio of 0.82, a current ratio of 1.24 and a debt-to-equity ratio of 2.11.

Quad Graphics (NYSE:QUAD) last released its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.05. Quad Graphics had a return on equity of 21.87% and a net margin of 2.15%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the company posted $0.48 earnings per share. The firm’s revenue was down 4.8% on a year-over-year basis.

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A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in Quad Graphics by 9.2% during the second quarter. Vanguard Group Inc. now owns 5,187,942 shares of the business services provider’s stock worth $118,908,000 after purchasing an additional 439,129 shares during the period. JPMorgan Chase & Co. boosted its position in Quad Graphics by 2.6% during the second quarter. JPMorgan Chase & Co. now owns 1,759,412 shares of the business services provider’s stock worth $40,326,000 after purchasing an additional 44,078 shares during the period. Dimensional Fund Advisors LP boosted its position in Quad Graphics by 12.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,096,172 shares of the business services provider’s stock worth $24,785,000 after purchasing an additional 123,449 shares during the period. Advisors Asset Management Inc. boosted its position in Quad Graphics by 5.4% during the third quarter. Advisors Asset Management Inc. now owns 1,019,151 shares of the business services provider’s stock worth $23,043,000 after purchasing an additional 52,353 shares during the period. Finally, State Street Corp boosted its position in Quad Graphics by 4.4% during the second quarter. State Street Corp now owns 754,353 shares of the business services provider’s stock worth $17,293,000 after purchasing an additional 31,758 shares during the period. 50.85% of the stock is owned by hedge funds and other institutional investors.

About Quad Graphics

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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