Kevin Steinke, an analyst from Barrington, maintained the Buy rating on Quad/Graphics (QUAD – Research Report). The associated price target remains the same with $10.00.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Kevin Steinke has given his Buy rating due to a combination of factors influencing Quad/Graphics’ current financial performance and future potential. Despite a year-over-year revenue decline in Q4/24, the company has demonstrated resilience by maintaining adjusted EBITDA levels close to expectations, reflecting robust cost management and improved operational efficiencies. The expansion of the adjusted EBITDA margin, both quarterly and annually, highlights effective manufacturing productivity and cost reduction measures.
Additionally, Quad/Graphics has made significant progress in debt reduction, decreasing its net debt by 26% year-over-year, which has positively impacted its leverage ratio, bringing it closer to the company’s target levels. The anticipated proceeds from the sale of its European operations, expected to close in early 2025, could further reduce debt levels. These financial strategies, combined with the company’s strong market position in providing innovative marketing solutions and its potential for future growth, underpin the Buy rating recommendation.
According to TipRanks, Steinke is a 5-star analyst with an average return of 14.4% and a 57.82% success rate. Steinke covers the Industrials sector, focusing on stocks such as Quad/Graphics, ACCO Brands, and Heidrick & Struggles.
In another report released on February 19, Rosenblatt Securities also maintained a Buy rating on the stock with a $10.30 price target.