The Time To Buy Quad/Graphics Inc (NYSE: QUAD) Is Now

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During the last session, Quad/Graphics Inc (NYSE:QUAD)’s traded shares were 0.42 million, with the beta value of the company hitting 1.59. At the end of the trading day, the stock’s price was $7.01, reflecting an intraday gain of 3.24% or $0.22. The 52-week high for the QUAD share is $7.94, that puts it down -13.27 from that peak though still a striking 42.08% gain since the share price plummeted to a 52-week low of $4.06. The company’s market capitalization is $365.62M, and the average intraday trading volume over the past 10 days was 0.34 million shares, and the average trade volume was 217.48K shares over the past three months.

Quad/Graphics Inc (NYSE:QUAD) trade information

Quad/Graphics Inc (QUAD) registered a 3.24% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.24% in intraday trading to $7.01, hitting a weekly high. The stock’s 5-day price performance is -1.13%, and it has moved by 28.39% in 30 days. Based on these gigs, the overall price performance for the year is 46.65%. The short interest in Quad/Graphics Inc (NYSE:QUAD) is 1.46 million shares and it means that shorts have 6.88 day(s) to cover.

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The consensus price target of analysts on Wall Street is $8, which implies an increase of 12.38% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7.5 and $8.5 respectively. As a result, QUAD is trading at a discount of -21.26% off the target high and -6.99% off the low.

Quad/Graphics Inc (QUAD) estimates and forecasts

Statistics show that Quad/Graphics Inc has outperformed its competitors in share price, compared to the industry in which it operates. Quad/Graphics Inc (QUAD) shares have gone up 41.33% during the last six months, with a year-to-date growth rate more than the industry average at 61.54% against 1.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 67.39% this quarter and then jump 150.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -9.05% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 726.5M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 591.1M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 787.9M and 654.8M respectively. In this case, analysts expect current quarter sales to shrink by -7.79% and then drop by -9.73% in the coming quarter.

While earnings are projected to return 66.35% in 2024, the next five years will return 5.00% per annum.

QUAD Dividends

Quad/Graphics Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Quad/Graphics Inc is 0.20, with the dividend yield indicating at 2.85 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 10.07%.

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

Quad/Graphics Inc insiders own 21.23% of total outstanding shares while institutional holders control 51.21%, with the float percentage being 65.01%. DIMENSIONAL FUND ADVISORS LP is the largest shareholder of the company, while 157.0 institutions own stock in it. As of 2024-06-30, the company held over 2.22 million shares (or 4.6952% of all shares), a total value of $12.08 million in shares.

The next largest institutional holding, with 2.07 million shares, is of BLACKROCK INC.’s that is approximately 4.39% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $11.29 million.

Also, the Mutual Funds coming in first place with the largest holdings of Quad/Graphics Inc (QUAD) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.11 shares. This amounts to just over 2.84 percent of the company’s overall shares, with a $7.75 million market value. The same data shows that the other fund manager holds slightly less at 792.22, or about 2.04% of the stock, which is worth about $5.55 million.