Quad/Graphics Inc. (NYSE: QUAD): Do Not Miss The Gain Train

Dimensional Fund Advisors LP has recently announced that it has increased stake in Quad/Graphics Inc. (NYSE:QUAD) by 2.91%. After grabbing 2.07 million shares, the institutional investor is now in possession of 58456.0 shares of the Industrials Company. The new investment brought the stake of investor firm to 5.28% having worth around $8.43 million. Moreover, Miller Value Partners LLC increased its share by 0.25 million to have a control over 1.34 million shares. And Bridgeway Capital Management LLC raised its holdings to 0.12 million shares by acquiring 0.57 million shares or 1.45% of the stake.

Quad/Graphics Inc. (QUAD) concluded trading on 01/19/23 at a closing price of $4.53, with 0.2 million shares of worth about $0.92 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 54.08% during that period and on Thursday the price saw a gain of about 2.49%. Currently the company’s common shares owned by public are about 50.10M shares, out of which, 30.04M shares are available for trading.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the QUAD stock and their offered price forecasts bring an average price target of $6.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $6.00 and could fall to a lowest price of $6.00. However, touching the estimated high of $6.00 would mean a gain of 24.5% for the stock.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 16 times over the past 12 months. They bought 187,632 shares in 8 of the transactions. In 8 selling transactions, insiders dumped 328,487 shares.

Vanguard Total Stock Market Index, iShares Russell 2000 ETF, and Miller Income Fund are the top 3 mutual funds which are holding stakes in Quad/Graphics Inc. Vanguard Total Stock Market Index is currently holding 1.1 million shares of worth totaling $4.5 million. The company recently came buying 0.0 shares which brought its stake up to 2.82% of the company’s outstanding shares. iShares Russell 2000 ETF sold 6466.0 shares, after which its hold over company’s outstanding shares shrunk to 1.58%, leaving 0.62 million shares with the mutual fund that have a worth of about $2.52 million. Miller Income Fund, after buying 0.49 million shares, have now control over 1.25% of the stake in the company. It holds 10000.0 shares of worth $1.99 million.

Quad/Graphics Inc. (NYSE: QUAD) started trading at $4.35, below -$0.07 from concluding price of the previous day. However, the stock later moved at a day high price of 4.5500, or with a gain of 2.49%. Stock saw a price change of 1.57% in past 5 days and over the past one month there was a price change of 21.45%. Year-to-date (YTD), QUAD shares are showing a performance of 11.03% which decreased to -4.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.12 but also hit the highest price of $7.55 during that period. The average intraday trading volume for Quad/Graphics Inc. shares is 154.21K. The stock is currently trading 9.66% above its 20-day simple moving average (SMA20), while that difference is up 20.56% for SMA50 and it goes to 19.46% higher than SMA200.

Dimensional Fund Advisors LP acquired 2.07 million shares of Quad/Graphics Inc. having value of about $8.43 million. Data submitted at the U.S SEC by Dimensional Fund Advisors LP revealed that the firm now holds 58456.0 shares in the company valued at close to $264805.68, or have control over 2.91% stake in the company. Quad/Graphics Inc. (NYSE: QUAD) currently have 50.10M outstanding shares and institutions hold larger chunk of about 40.90% of that. Holding of mutual funds in the company is about 19.63% while other institutional holders and individual stake holders have control over 22.05% and 17.75% of the stake respectively.

The stock has a current market capitalization of $240.32M and its 3Y-monthly beta is at 1.74. It has posted earnings per share of -$0.07 in the same period. It has Quick Ratio of 0.60 while making debt-to-equity ratio of 5.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QUAD, volatility over the week remained 4.30% while standing at 6.70% over the month.

Analysts are in expectations that Quad/Graphics Inc. (QUAD) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.15 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 133.90%. EPS is likely to grow at an annualized rate of 5.00% for next 5-years, compared to annual growth of -4.60% made by the stock over the past 5-years.

Analysts at 1 brokerage firms have issued recommendations for the Quad/Graphics Inc. (QUAD)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Buckingham Research on October 30, 2019 offering a Neutral rating for the stock and assigned a target price range of between $20 and $7 to it. Coverage by Buckingham Research stated Quad/Graphics Inc. (QUAD) stock as a Buy in their note to investors on June 18, 2018, suggesting a price target of $28 for the stock. Stock get a Buy rating from Sidoti on August 02, 2016.