Quad/Graphics (QUAD) is Resumed by Sidoti to Buy, Price Target at $26

Quad/Graphics (QUAD) was Resumed by Sidoti to “Buy” and the brokerage firm has set the Price Target at $26. Sidoti advised their investors in a research report released on Jun 8, 2016.

On the company’s financial health, Quad/Graphics reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.57 according to the earnings call on May 3, 2016. Analyst had a consensus of $-0.31. The company had revenue of $1042.50 million for the quarter, compared to analysts expectations of $1019.36 million. The company’s revenue was down -4.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.05 EPS.

Quad/Graphics opened for trading at $19.85 and hit $20.51 on the upside on Tuesday, eventually ending the session at $20.5, with a gain of 2.96% or 0.59 points. The heightened volatility saw the trading volume jump to 4,18,980 shares. Company has a market cap of $1,021 M.

In a different news, on Jun 1, 2016, John C Fowler (Vice Chairman & EVP) sold 7,499 shares at $19.00 per share price. According to the SEC, on May 13, 2016, Nancy Ott (Vice President-Human Resources) sold 3,053 shares at $17.66 per share price. On May 10, 2016, J Joel Quadracci (Chairman, Pres. & CEO) sold 55,250 shares at $16.13 per share price, according to the Form-4 filing with the securities and exchange commission.

Quad/Graphics Inc. is a global provider of print and media solutions. The Company’s operating segments include the United States Print and Related Services and International. The United States Print and Related Services segment consists of the Company’s United States printing operations and is managed as one integrated platform. This includes consumer magazines catalogs retail inserts special interest publications journals direct mail books directories in-store marketing packaging and other commercial and specialty printed products together with the related service offerings including marketing strategy media planning and placement data insights response analytics services creative services interactive print solutions among others. The International segment provides printed products and related services and consists of the Company’s printing operations in Europe and Latin America including operations in Poland Argentina Brazil Chile Colombia Mexico and Peru.


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