Stocks · Industrials · Specialty Business Services
Quad/Graphics, Inc. QUAD
$9.42 +1.40% Close, Oct 2, 2026 · NYSE · Market cap $485.7M
Strong trendInexpensive vs sector
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The stock is in an uptrend: above its 200-day average for 210 trading days, with the 50-day average above the 200-day.
- Revenue over the last four quarters was $2.85B, up 10.3% from a year earlier, accelerating from -10.4% a quarter earlier.
- Over the past year the stock returned +54.4%, ahead of the S&P 500 by 39.4 percentage points.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 41%
- FCF growth (TTM, YoY)Bottom 28%
- Revenue growth, 3-year CAGRBottom 8%
- Revenue growth accelerationTop 5%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 18%
- Gross marginTop 40%
- Operating marginBottom 36%
- Cash conversion (OCF / net income)Top 7%
- Accruals (lower is better)Top 38%
- Net debt / EBITDA (lower is better)Bottom 33%
- Interest coverBottom 43%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 7%
- Free-cash-flow yieldTop 9%
- EBITDA / enterprise valueTop 4%
- Sales / enterprise valueTop 2%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 8%
- 6-month returnTop 17%
- 1-year return vs S&P 500Top 17%
- Distance from 52-week highTop 27%
- Trend checklist (0–4)Top 42%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 33%
- Consecutive EPS beatsTop 45%
- Share of analysts rating BuyTop 26%
- Upside to consensus price targetTop 35%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 44%
- Maximum drawdown, 3 yearsTop 40%
- Beta vs S&P 500 (lower is better)Top 47%
- Net debt / EBITDA (lower is better)Bottom 33%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -10.4% | 10.3% | ↑ |
| Gross margin | 18.2% | 32.1% | ↑ |
| Operating margin | 4.8% | 3.9% | ↓ |
| FCF margin | 2.8% | 1.8% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 10.3% | -10.4% | ↑ | Top 41% |
| Gross margin | 32.1% | 18.2% | ↑ | Top 40% |
| Operating margin | 3.9% | 4.8% | ↓ | Bottom 36% |
| Net margin | 1.1% | -0.6% | ↑ | — |
| Free-cash-flow margin | 1.8% | 2.8% | ↓ | — |
| Return on invested capital | 12.5% | — | Top 18% | |
| Revenue growth, 3-year CAGR | -9.1% | — | Bottom 8% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -7.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.94×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.54%
- Net buyback yield (TTM)
- 0.74%
- Shareholder yield
- 4.28%
- Share count change, 1 year
- +5.0%
- Share count change, 3-year CAGR
- +0.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +12.5%
- Average 2-day reaction, last 8
- -0.2%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $13.50
- Target vs current price
- +43.3%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 71%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | +21.6% | -1.1% | +27.6% | +20.6% | — |
| Apr 28, 2026 | +13.6% | +1.0% | +3.1% | -6.0% | +7.5% |
| Feb 17, 2026 | +0.0% | +0.9% | +7.6% | -1.5% | +13.5% |
| Oct 28, 2025 | +14.8% | +2.2% | -8.8% | -6.2% | +2.2% |
| Jul 29, 2025 | +16.7% | -1.4% | +0.9% | +9.0% | -3.1% |
| Apr 29, 2025 | +185.7% | +1.6% | +7.6% | +10.2% | +13.3% |
| Feb 18, 2025 | -5.3% | -7.8% | -18.7% | -26.7% | -22.9% |
| Oct 28, 2024 | +30.0% | +2.5% | +24.5% | +37.2% | +33.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 28, 2026 | $0.24 | $0.20 | +21.6% | $577.5M |
| Apr 28, 2026 | $0.25 | $0.22 | +13.6% | $581.0M |
| Feb 17, 2026 | $0.36 | $0.36 | +0.0% | $630.6M |
| Oct 28, 2025 | $0.31 | $0.27 | +14.8% | $588.0M |
| Jul 29, 2025 | $0.14 | $0.12 | +16.7% | $571.9M |
| Apr 29, 2025 | $0.20 | $0.07 | +185.7% | $629.4M |
| Feb 18, 2025 | $0.36 | $0.38 | -5.3% | $708.4M |
| Oct 28, 2024 | $0.26 | $0.20 | +30.0% | $674.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 15.0× | — | — | Top 7% |
| P/E (forward) | 7.2× | — | — | — |
| EV / EBITDA | 6.0× | — | — | Top 4% |
| EV / Sales | 0.33× | — | — | Top 2% |
| Free-cash-flow yield | 10.38% | — | — | Top 9% |
| Earnings yield | 6.69% | — | — | Top 7% |
P/E over the past five years
Range 7.2× – 30.5× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 210
- 50-day average slope (20 days)
- +5.4%
- 200-day average slope (20 days)
- +5.2%
- Distance from 50-day average
- -4.2%
- Distance from 200-day average
- +21.0%
- RSI (14)
- 44.4
- Relative volume
- 0.81×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 40.5%
- Volatility vs own 5-year history
- 8th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.03
- Correlation with S&P 500
- 0.31
- Current drawdown from 1-year high
- -13.2%
- Maximum drawdown, 3 years
- -46.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Oct 12, 2022 | -69.4% | 121 days | 520 days (Nov 6, 2024) |
| Feb 9, 2021 | May 12, 2021 | -52.9% | 64 days | 203 days (Mar 2, 2022) |
| Dec 5, 2024 | Apr 8, 2025 | -46.0% | 83 days | 327 days (Jul 29, 2026) |
| Sep 28, 2020 | Nov 6, 2020 | -31.6% | 29 days | 12 days (Nov 24, 2020) |
| Mar 3, 2022 | Mar 11, 2022 | -17.5% | 6 days | 11 days (Mar 28, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $485.7M
- P/E (TTM)
- 15.0
- EPS, diluted (TTM)
- $0.63
- Revenue (TTM)
- $2.85B
- Dividend yield
- 3.98%
- 52-week range
- $5.12 – $11.15
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.96B | $3.22B | $2.96B | $2.67B | $2.42B |
| Gross profit | $416.3M | $460.2M | $450.8M | $480.7M | $444.7M |
| Operating income | $90.1M | $100.4M | $98.8M | $127.1M | $118.8M |
| Net income | $37.8M | $9.3M | -$55.4M | -$50.9M | $27.0M |
| EPS (diluted) | $0.71 | $0.18 | -$1.14 | -$1.07 | $0.54 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $674.8M | $708.4M | $629.4M | $571.9M | $588.0M | $630.6M | $581.0M | $1.05B |
| Net income | -$24.7M | $4.7M | $5.8M | -$100,000 | $10.2M | $11.1M | $6.2M | $3.7M |
| EPS (diluted) | -$0.52 | $0.09 | $0.11 | -$0.00 | $0.21 | $0.22 | $0.13 | $0.07 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $136.5M | $154.6M | $147.6M | $112.9M | $95.9M |
| Capital expenditure | -$50.0M | -$60.3M | -$70.8M | -$57.2M | -$45.2M |
| Free cash flow | $86.5M | $94.3M | $76.8M | $55.7M | $50.7M |
| Dividends paid | -$1.4M | -$1.4M | -$100,000 | -$9.4M | -$14.4M |
| Net share buybacks | $0 | -$10.0M | -$12.6M | -$2.1M | -$8.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $7.4M
- Total assets
- $1.20B
- Total liabilities
- $1.07B
- Total debt
- $469.2M
- Net debt
- $461.8M
- Shareholders’ equity
- $124.7M
As of Jun 30, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 17, 2026 | $0.10 | Sep 4, 2026 |
| May 21, 2026 | $0.10 | Jun 5, 2026 |
| Feb 27, 2026 | $0.10 | Mar 13, 2026 |
| Nov 17, 2025 | $0.08 | Dec 5, 2025 |
| Aug 18, 2025 | $0.08 | Sep 5, 2025 |
| May 22, 2025 | $0.08 | Jun 6, 2025 |
| Feb 28, 2025 | $0.08 | Mar 14, 2025 |
| Nov 18, 2024 | $0.05 | Dec 6, 2024 |
Short interest
- Shares sold short
- 1,743,344
- Days to cover
- 4.96
- Change vs previous report
- +24.0%
FINRA short interest, settlement date Sep 15, 2026.