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 9.4; the Oct 22, 2026 session ranged USD 9.31–9.74 on volume of 244,755 shares. Market capitalization is $501.23M, with a 52-week range of USD 5.12–11.15 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:43 UTC.

Also available as compact Markdown for AI agents: nexqual.com/QUAD.md

Key facts (QUAD)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (QUAD)

USDFY2021FY2022FY2023FY2024FY2025TTM
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 margin19.3%18.6%19.5%21.7%21.6%—
Operating margin3.1%1.7%0.9%0.7%4.0%4.1%
Net margin1.3%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 16.1x · P/S 0.2x · EV/EBITDA 5.4x · EV/Sales 0.4x · P/FCF 9.9x · P/B 4.0x · FCF yield 10.06% · Earnings yield 6.22% · Dividend yield (paid, TTM) 3.43% · Buyback yield (TTM) 0.72% · Net debt $393M · EV $894M

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.

InvestorFirm% of portfolioValueChange
Bill MillerMiller Value Partners5.06%$21.4MReduced -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:

DateFirmActionRatingPrice target
2026-07-30BenchmarkTarget raisedBuy$10 → $13
2026-07-30RosenblattTarget raisedBuy$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)

LineRevenueShare of totalYoY
United States Print and Related Services$526.0M91.1%+0.3%
International$51.5M8.9%+8.6%
Total revenue$577.5M100%—

QUAD revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Products$451.8M78.2%+0.8%
— Catalog, publications, retail inserts and directories (part of Products)$256.5M44.4%-3.7%
— Direct mail and other printed products (part of Products)$138.6M24.0%+5.0%
— Logistics services (part of Products)$56.5M9.8%+12.1%
Services$125.7M21.8%+1.5%
Marketing services and medical services$69.2M12.0%-5.9%
Other$5.2M0.9%+126.1%
Total revenue$577.5M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

QUAD company outlook (results filed Jul 28, 2026)

Quoted word-for-word from the SEC 8-K results press release.

QUAD analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.38$0.34+11.8%$583.3M2
Next quarter (ends Dec 2026)$0.44$0.44-0.8%$618.1M2
Current fiscal year (ends Dec 2026)$1.31$1.22+7.4%$2.36B2
Next fiscal year (ends Dec 2027)$1.49$1.37+8.5%$2.31B2

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.

ExpirationDaysATM implied volatilityExpected move
Dec 18, 20265659.4%±19.3%
Jan 15, 20278445.9%±18.0%
Apr 16, 202717557.2%±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 11:43 UTC)

PriceUSD 9.74
Change▲ 3.62% (up)
Previous CloseUSD 9.4
OpenUSD 9.31
Day RangeUSD 9.31 – 9.74
52-Week RangeUSD 5.12 – 11.15
Volume244,755 shares
Market Cap$501.23M
ExchangeNYQ

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 11:43 UTC.

Overall SignalNEUTRAL
RSI (14)50.36 (neutral)
vs SMA50Below (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 11:43 UTC.

Consensus RatingBuy
Analyst Count3
Mean TargetUSD 13.17
High TargetUSD 13.5
Low TargetUSD 13
Buy / Hold / Sell3 / 0 / 0

Earnings (QUAD)

Next Earnings Date2026-10-28
EPS EstimateUSD 0.38
Revenue Estimate$583.27M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.24 vs est 0.2 ▲ beat
2026-03-31USD 0.25 vs est 0.22 ▲ beat
2025-12-31USD 0.36 vs est 0.36 ▲ beat
2025-09-30USD 0.31 vs est 0.27 ▲ beat

Source: Nexqual, October 23, 2026 at 11:43 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 / Equity3.77
Current Ratio0.87
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 11:43 UTC.

Financial Health Score (QUAD)

Nexqual rates Quad/Graphics, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 11:43 UTC.

GrowthWeak — Revenue -9% YoY (annual), declining
ProfitabilityWeak — Gross margin 22%, operating 4% (last 12 months)
Balance SheetCritical — $7M cash and investments vs $400M debt (Jun 2026, SEC)
Cash FlowMixed — FCF $50M (last 4 quarters to Jun 2026, SEC), slim 2.1% margin
EfficiencyStrong — ROE 29%, ROA 5.5%

Ownership (QUAD)

Insider Ownership+21.55%
Institutional Ownership+56.56%
Shares Outstanding38.20M
Float29.85M
Short % of Float+5.28%

Source: Nexqual, October 23, 2026 at 11:43 UTC.

Leadership (QUAD)

Quad/Graphics, Inc. is led by J. Joel Quadracci, Chairman & CEO, per Nexqual as of October 23, 2026 at 11:43 UTC.

Chairman & CEOJ. Joel Quadracci
President & COODavid J. Honan
CFO & TreasurerAnthony C. Staniak
Executive Director of Corporate Development & Investor RelationsJulie 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 11:43 UTC.

Active Investors

InvestorStake
Miller Value Partners, LLC6.64%
LSV Asset Management3.6%
Hotchkis & Wiley Capital Management, LLC2.76%
Renaissance Technologies1.76%
Great Valley Advisor Group, Inc.1.63%

Index Funds (Passive)

FundStake
BlackRock6%
Vanguard Group3.41%
Dimensional Fund Advisors3.13%
Geode Capital2.02%
State Street1.67%

Source: Nexqual, October 23, 2026 at 11:43 UTC.

From Quad/Graphics, Inc.'s Latest SEC 10-K Filing (filed 2026-02-18)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
EBFEnnis, Inc.USD 22.92▲ 1.69%
BKSYBlackSky Technology Inc.USD 16.69▼ 3.8%
CASSCass Information Systems, IncUSD 57.67▲ 5.05%
TRNSTranscat, Inc.USD 81.84▼ 5.18%
KODKEastman Kodak CompanyUSD 9.21▼ 1.29%
BUUUBUUU Group LimitedUSD 47.9▲ 13.64%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:43 UTC. This page is informational and not investment advice.

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