Quad/Graphics (NYSE:QUAD) Posts Earnings Results, Beats Expectations By $0.06 EPS
by Danessa Lincoln · The Markets DailyQuad/Graphics (NYSE:QUAD – Get Free Report) issued its earnings results on Monday. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06, Zacks reports. Quad/Graphics had a negative net margin of 2.00% and a positive return on equity of 26.62%. The firm had revenue of $674.80 million during the quarter, compared to analysts’ expectations of $654.90 million. During the same quarter last year, the company posted $0.11 earnings per share.
Quad/Graphics Stock Performance
NYSE QUAD traded up $0.03 on Thursday, reaching $6.55. The stock had a trading volume of 85,376 shares, compared to its average volume of 158,975. The stock has a market cap of $341.65 million, a P/E ratio of -5.49 and a beta of 1.60. Quad/Graphics has a 12-month low of $3.96 and a 12-month high of $6.75. The business’s 50-day moving average price is $4.90 and its 200 day moving average price is $4.98. The company has a debt-to-equity ratio of 5.83, a quick ratio of 0.56 and a current ratio of 0.85.
Quad/Graphics Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 18th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 3.05%. Quad/Graphics’s dividend payout ratio is presently -16.81%.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on QUAD shares. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th. Rosenblatt Securities reissued a “buy” rating and issued a $7.60 price target on shares of Quad/Graphics in a research note on Friday, October 25th. Finally, Barrington Research lifted their target price on Quad/Graphics from $8.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday.
Read Our Latest Report on QUAD
About Quad/Graphics
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.
Recommended Stories
- Five stocks we like better than Quad/Graphics
- How to Use the MarketBeat Excel Dividend Calculator
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- Election Stocks: How Elections Affect the Stock Market
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- 3 Warren Buffett Stocks to Buy Now
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?