Quad/Graphics Inc (NYSE:QUAD) Stock Boosted 35.42% So Far In 2024, What Analysts Expect Next?

In last trading session, Quad/Graphics Inc (NYSE:QUAD) saw 0.33 million shares changing hands with its beta currently measuring 1.62. Company’s recent per share price level of $7.34 trading at -$0.14 or -1.87% at ring of the bell on the day assigns it a market valuation of $382.83M. That closing price of QUAD’s stock is at a discount of -5.86% from its 52-week high price of $7.77 and is indicating a premium of 44.69% from its 52-week low price of $4.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.48 million shares which gives us an average trading volume of 186.56K if we extend that period to 3-months.

Quad/Graphics Inc (NYSE:QUAD) trade information

Upright in the red during last session for losing -1.87%, in the last five days QUAD remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $7.34 price level, adding 5.53% to its value on the day. Quad/Graphics Inc’s shares saw a change of 35.42% in year-to-date performance and have moved 15.41% in past 5-day. Quad/Graphics Inc (NYSE:QUAD) showed a performance of 35.93% in past 30-days. Number of shares sold short was 1.31 million shares which calculate 8.93 days to cover the short interests.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 8.25% to its current value. Analysts have been projecting 7.5 as a low price target for the stock while placing it at a high target of 8.5. It follows that stock’s current price would drop -2.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.18% for stock’s current value.

Quad/Graphics Inc (QUAD) estimates and forecasts

Statistics highlight that Quad/Graphics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 53.56% of value to its shares in past 6 months, showing an annual growth rate of 61.54% while that of industry is 12.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -9.00% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 726.7M for the same. And 1 analysts are in estimates of company making revenue of 591.1M in the next quarter. Company posted 787.9M and 648.3M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 66.35% while estimates for its earnings growth in next 5 years are of 5.00%.

QUAD Dividends

Quad/Graphics Inc is more likely to be releasing its next quarterly report on 2025-Feb-18 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.04%, the share has a forward dividend of 0.15 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 10.07%.

Quad/Graphics Inc (NYSE:QUAD)’s Major holders

Insiders are in possession of 24.56% of company’s total shares while institution are holding 50.55 percent of that, with stock having share float percentage of 67.01%. Investors also watch the number of corporate investors in a company very closely, which is 50.55% institutions for Quad/Graphics Inc that are currently holding shares of the company. DIMENSIONAL FUND ADVISORS LP is the top institutional holder at QUAD for having 2.22 million shares of worth $12.08 million. And as of 2024-06-30, it was holding 4.6952 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 2.07 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.39 of outstanding shares, having a total worth of $11.29 million.