Quad/Graphics(NYSE:QUAD) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 1, 2016. Company reported revenue of $1.03B. Analysts estimated a revenue of $1.03B. Earnings per share were $0.03. Analysts had estimated an EPS of $-0.15.
In a different note, On Jul 15, 2016, Sidoti & Co. said it Downgrades its rating on Quad/Graphics. The shares have been rated ‘Neutral’ by the firm. On Jun 8, 2016, Sidoti & Co. said it Assumes its rating on Quad/Graphics. The shares have been rated ‘Buy’ by the firm.
Quad/Graphics (QUAD) shares turned negative on Mondays trading session with the shares closing down -0.17 points or -0.59% at a volume of 4,01,955. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $29.12. The peak price level was also seen at $29.12 while the days lowest was $28.58. Finally the shares closed at $28.73. The 52-week high of the shares is $29.45 while the 52-week low is $7.32. According to the latest information available, the market cap of the company is $1,438 M.
Several Insider Transactions has been reported to the SEC. On Jun 9, 2016, John C Fowler (Vice Chairman & EVP) sold 20,000 shares at $20.00 per share price.Also, 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.