Quad/Graphics, Inc. (NYSE:QUAD) issued its quarterly earnings results on Tuesday. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05, Bloomberg Earnings reports. Quad/Graphics had a return on equity of 5.85% and a net margin of 0.71%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the business posted $0.48 earnings per share. The company’s revenue for the quarter was down 4.8% on a year-over-year basis.
Shares of Quad/Graphics (QUAD) traded down 3.03% during mid-day trading on Wednesday, reaching $22.10. The company’s stock had a trading volume of 186,265 shares. The stock has a market cap of $1.15 billion, a P/E ratio of 14.21 and a beta of 1.44. Quad/Graphics has a one year low of $18.16 and a one year high of $29.04. The stock has a 50 day moving average of $22.26 and a 200-day moving average of $22.24.
Several research analysts recently issued reports on QUAD shares. BidaskClub raised Quad/Graphics from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. TheStreet cut Quad/Graphics from a “b-” rating to a “c+” rating in a research note on Friday, August 4th.
In related news, Director Douglas P. Buth acquired 2,600 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were acquired at an average price of $18.74 per share, with a total value of $48,724.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 9.28% of the stock is currently owned by corporate insiders.
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Quad/Graphics Company Profile
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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