Quad/Graphics, Inc. (QUAD) Stock Price & Analysis
Quad/Graphics, Inc. (QUAD) closed at USD 9.74 on Thursday, October 22, 2026, up 3.62% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 9.74; the Oct 22, 2026 session ranged USD 9.31–9.74 on volume of 244,755 shares. Market capitalization is —, with a 52-week range of USD 5.12–11.15 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/QUAD.md
Key facts (QUAD)
- Last four reported quarters (through Jun 30, 2026): revenue $2.38B, net income $31.2M (1.3% margin), free cash flow $50.4M (SEC filings).
- 1 of 80 tracked superinvestors hold QUAD (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 1.67 on a 1–5 scale) (3 analysts), mean target USD 13.17 (range 13–13.5).
- Total return with dividends: 1Y +73.4% vs S&P 500 +14.9%; 5Y +156.5% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 0.38, revenue estimate $583M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (QUAD)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.96B | $3.22B | $2.96B | $2.67B | $2.42B | $2.38B |
| Gross profit | $571M | $598M | $577M | $580M | $523M | — |
| Operating income | $92.8M | $53.5M | $25.7M | $19.2M | $97.0M | $96.3M |
| Net income | $37.8M | $9.3M | -$55.4M | -$50.9M | $27.0M | $31.2M |
| EPS (diluted) | $0.71 | $0.18 | -$1.14 | -$1.07 | $0.54 | — |
| Free cash flow | $86.5M | $94.3M | $76.8M | $55.7M | $50.7M | $50.4M |
| Gross margin | 19.3% | 18.6% | 19.5% | 21.7% | 21.6% | — |
| Operating margin | 3.1% | 1.7% | 0.9% | 0.7% | 4.0% | 4.1% |
| Net margin | 1.3% | 0.3% | -1.9% | -1.9% | 1.1% | 1.3% |
| Revenue growth | +1.1% | +8.7% | -8.1% | -9.7% | -9.4% | — |
| Cash + short-term investments | $180M | $25.2M | $52.9M | $29.2M | $63.3M | — |
| Total debt | $801M | $568M | $514M | $377M | $370M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (QUAD)
P/E at fiscal year-ends: Dec 2025 11.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (QUAD)
1 of 80 tracked investors hold QUAD. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Bill Miller | Miller Value Partners | 5.06% | $21.4M | Reduced -4.3% |
Analysts (QUAD)
Consensus Buy (mean 1.67 on a 1–5 scale), 3 analysts; mean target USD 13.17 (low 13, high 13.5).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-30 | Benchmark | Target raised | Buy | $10 → $13 |
| 2026-07-30 | Rosenblatt | Target raised | Buy | $9.8 → $13 |
Total return (dividends reinvested) (QUAD)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +73.4% | +156.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +73.7% | +20.7% |
| Volatility (annualized) | 42.0% | 60.0% |
| Max drawdown | -14.5% (May 2026→May 2026) | -67.7% (Mar 2022→Oct 2022) |
QUAD revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States Print and Related Services | $526.0M | 91.1% | +0.3% |
| International | $51.5M | 8.9% | +8.6% |
| Total revenue | $577.5M | 100% | — |
QUAD revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Products | $451.8M | 78.2% | +0.8% |
| — Catalog, publications, retail inserts and directories (part of Products) | $256.5M | 44.4% | -3.7% |
| — Direct mail and other printed products (part of Products) | $138.6M | 24.0% | +5.0% |
| — Logistics services (part of Products) | $56.5M | 9.8% | +12.1% |
| Services | $125.7M | 21.8% | +1.5% |
| Marketing services and medical services | $69.2M | 12.0% | -5.9% |
| Other | $5.2M | 0.9% | +126.1% |
| Total revenue | $577.5M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
QUAD company outlook (results filed Jul 28, 2026)
- “We announced the westward expansion of our Packaging division with a new facility in Salt Lake City, which is expected to be operational in the fourth quarter of 2026.”
Quoted word-for-word from the SEC 8-K results press release.
QUAD analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.38 | $0.34 | +11.8% | $583.3M | 2 |
| Next quarter (ends Dec 2026) | $0.44 | $0.44 | -0.8% | $618.1M | 2 |
| Current fiscal year (ends Dec 2026) | $1.31 | $1.22 | +7.4% | $2.36B | 2 |
| Next fiscal year (ends Dec 2027) | $1.49 | $1.37 | +8.5% | $2.31B | 2 |
QUAD options: expected move
Options price a move of about ±19.3% (±$1.87) by Dec 18, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±9.6% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Dec 18, 2026 | 56 | 59.4% | ±19.3% |
| Jan 15, 2027 | 84 | 45.9% | ±18.0% |
| Apr 16, 2027 | 175 | 57.2% | ±31.3% |
30-day implied volatility 55% vs 32.9% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:23 UTC)
| Price | USD 9.74 |
|---|---|
| Change | ▲ 3.62% (up) |
| Previous Close | USD 9.74 |
| Open | USD 9.74 |
| Day Range | USD 9.31 – 9.74 |
| 52-Week Range | USD 5.12 – 11.15 |
| Volume | 244,755 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (QUAD)
Nexqual's technical model rates QUAD "NEUTRAL" based on 3 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 11:23 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 50.36 (neutral) |
| vs SMA50 | Below (USD 9.75) |
| MACD | -0.03 (negative) |
Analyst Ratings (QUAD)
Wall Street analysts rate QUAD "Buy" based on 3 analysts, with a mean price target of USD 13.17 (range USD 13–13.5), per Nexqual as of October 23, 2026 at 11:23 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 13.17 |
| High Target | USD 13.5 |
| Low Target | USD 13 |
| Buy / Hold / Sell | 3 / 0 / 0 |
Earnings (QUAD)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 0.38 |
| Revenue Estimate | $583.27M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.24 vs est 0.2 ▲ beat |
| 2026-03-31 | USD 0.25 vs est 0.22 ▲ beat |
| 2025-12-31 | USD 0.36 vs est 0.36 ▲ beat |
| 2025-09-30 | USD 0.31 vs est 0.27 ▲ beat |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Financials & Fundamentals (QUAD)
| Total Revenue | $2.38B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +1.00% |
| Gross Margin | +21.64% |
| Operating Margin | +4.29% |
| Profit Margin | +1.31% |
| ROE | +29.48% |
| Debt / Equity | 3.77 |
| Current Ratio | 0.87 |
| Total Cash | $8.30M |
| Total Debt | $469.50M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $50.40M (2.1% of revenue) |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Financial Health Score (QUAD)
Nexqual rates Quad/Graphics, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 11:23 UTC.
| Growth | Weak — Revenue -9% YoY (annual), declining |
|---|---|
| Profitability | Weak — Gross margin 22%, operating 4% (last 12 months) |
| Balance Sheet | Critical — $7M cash and investments vs $400M debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $50M (last 4 quarters to Jun 2026, SEC), slim 2.1% margin |
| Efficiency | Strong — ROE 29%, ROA 5.5% |
Ownership (QUAD)
| Insider Ownership | +21.55% |
|---|---|
| Institutional Ownership | +56.56% |
| Shares Outstanding | 38.20M |
| Float | 29.85M |
| Short % of Float | +5.28% |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
Leadership (QUAD)
Quad/Graphics, Inc. is led by J. Joel Quadracci, Chairman & CEO, per Nexqual as of October 23, 2026 at 11:23 UTC.
| Chairman & CEO | J. Joel Quadracci |
|---|---|
| President & COO | David J. Honan |
| CFO & Treasurer | Anthony C. Staniak |
| Executive Director of Corporate Development & Investor Relations | Julie Fraundorf |
Major Backers & Investors (QUAD)
Notable institutional backers of Quad/Graphics, Inc. include Miller Value Partners, LLC, LSV Asset Management, Hotchkis & Wiley Capital Management, LLC, according to Nexqual as of October 23, 2026 at 11:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Miller Value Partners, LLC | 6.64% |
| LSV Asset Management | 3.6% |
| Hotchkis & Wiley Capital Management, LLC | 2.76% |
| Renaissance Technologies | 1.76% |
| Great Valley Advisor Group, Inc. | 1.63% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 6% |
| Vanguard Group | 3.41% |
| Dimensional Fund Advisors | 3.13% |
| Geode Capital | 2.02% |
| State Street | 1.67% |
Source: Nexqual, October 23, 2026 at 11:23 UTC.
From Quad/Graphics, Inc.'s Latest SEC 10-K Filing (filed 2026-02-18)
Key Strengths & Strategy (as disclosed to the SEC)
- Quad's data services utilize the Company's proprietary, household-based data stack — representative of more than 250 million consumers — to help clients more effectively reach their ideal audiences.
- Quad is a leading mailer with the United States Postal Service (USPS), mailing approximately 5.4 billion pieces of marketing materials annually, which represents approximately 9.1% of the USPS' yearly marketing mail and periodical volume.
- Quad also has vertically integrated print and non-print capabilities that help improve the quality, cost and availability of key inputs in the printing and distribution processes.
- As a result, advertising and marketing services providers must expand their capabilities to create effective multichannel campaigns for their clients, and providers face increased client demand to offer integrated, end-to-end marketing services (i.e., from strategy and creative through execution).
Partnerships
- As a matrixed organization with an expansive offering, the Company fosters an environment of obsessive collaboration to deliver a frictionless marketing experience for clients.
- The Company maintains a governance framework that guides how Quad manages, reviews and approves its strategic investment of finances, volunteerism and in-kind services for community organizations, which are generally focused on the environment, innovation, education and health.
Legal & Regulatory Risks (Item 1A, quoted)
- Unfavorable outcomes in legal proceedings could result in substantial costs and may harm the Company's financial condition.
- The Company's financial condition may be affected by the outcome of pending and future litigation, claims, investigations, legal and administrative cases and proceedings, whether civil or criminal, or lawsuits by governmental agencies or private parties.
- The Company may incur costs or suffer reputational damage due to improper conduct of its employees, contractors or agents under anti-corruption or other laws governing business practices, including the United States Foreign Corrupt Practices Act.
- The Company could be adversely affected by engaging in business practices that are in violation of United States or foreign anti-corruption laws, including the United States Foreign Corrupt Practices Act.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| EBF | Ennis, Inc. | USD 22.92 | ▲ 1.69% |
| BKSY | BlackSky Technology Inc. | USD 16.69 | ▼ 3.8% |
| CASS | Cass Information Systems, Inc | USD 57.67 | ▲ 5.05% |
| TRNS | Transcat, Inc. | USD 81.84 | ▼ 5.18% |
| KODK | Eastman Kodak Company | USD 9.21 | ▼ 1.29% |
| BUUU | BUUU Group Limited | USD 47.9 | ▲ 13.64% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt