Media stories about Quad/Graphics (NYSE:QUAD) have been trending somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Quad/Graphics earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 47.2833986257175 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Aqueous Packaging Printing Market 2018 Trend – Top Players Like WS Packaging Group, DuPont, Xerox Corporation, Quad/Graphics Inc. (digitaljournal.com)
- Altia Offers Code Generation Support for Telechips TCC803x (Dolphin+) and TCC897x System-on-Chip (itbusinessnet.com)
- Dell G3 15 (3579) review: This budget gaming laptop makes the most of what it’s got (pcworld.com)
- AMD launches low-cost Athlon desktop chips with Zen CPU cores and Vega graphics (liliputing.com)
- AMD Announces New $55 Low-Power Processor: Athlon 200GE (anandtech.com)
A number of research firms have weighed in on QUAD. Sanford C. Bernstein downgraded shares of Quad/Graphics from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 23rd. Buckingham Research began coverage on shares of Quad/Graphics in a research note on Monday, June 18th. They set a “buy” rating and a $28.00 price target on the stock. TheStreet raised shares of Quad/Graphics from a “c” rating to a “b-” rating in a research note on Wednesday, August 1st. ValuEngine raised shares of Quad/Graphics from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Finally, Zacks Investment Research raised shares of Quad/Graphics from a “hold” rating to a “strong-buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, August 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $27.50.
NYSE:QUAD traded down $0.68 during trading hours on Friday, reaching $21.53. 422,472 shares of the company were exchanged, compared to its average volume of 202,029. The company has a quick ratio of 0.83, a current ratio of 1.24 and a debt-to-equity ratio of 2.00. The company has a market cap of $1.15 billion, a P/E ratio of 11.96 and a beta of 1.14. Quad/Graphics has a 52-week low of $17.73 and a 52-week high of $31.29.
Quad/Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, July 31st. The business services provider reported $0.23 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.07. Quad/Graphics had a net margin of 1.95% and a return on equity of 18.66%. The business had revenue of $1.02 billion for the quarter. research analysts forecast that Quad/Graphics will post 1.89 earnings per share for the current fiscal year.
Quad/Graphics declared that its Board of Directors has approved a share buyback plan on Tuesday, July 31st that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 9.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 7th. Stockholders of record on Monday, August 20th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date was Friday, August 17th. Quad/Graphics’s dividend payout ratio is presently 66.67%.
In other news, EVP Jennifer J. Kent sold 9,143 shares of the firm’s stock in a transaction on Friday, August 3rd. The shares were sold at an average price of $21.83, for a total value of $199,591.69. Following the transaction, the executive vice president now owns 125,084 shares of the company’s stock, valued at approximately $2,730,583.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John C. Fowler sold 10,000 shares of the firm’s stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $24.01, for a total transaction of $240,100.00. Following the completion of the transaction, the director now directly owns 109,645 shares in the company, valued at approximately $2,632,576.45. The disclosure for this sale can be found here. Company insiders own 7.70% of the company’s stock.
Quad/Graphics, Inc provides print and marketing services in the United States, Europe, Latin America, and internationally. It operates through United States Print and Related Services, and International segments. The company offers printing services, including 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 paper procurement services.
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