<p><strong>Quad/Graphics, Inc.</strong> (纽约证券交易所代码:QUAD) 的股东无疑会对过去一个月股价上涨 26% 感到满意，尽管它仍在努力弥补最近失去的地盘。不幸的是，过去一个月的涨幅对去年损失的弥补作用不大，股票在此期间仍下跌了 15%。</p>
<p>尽管股价大幅反弹，Quad/Graphics 的市销率（&#34;P/S&#34;）为 0.1 倍，与美国商业服务行业相比，可能仍然看起来像是一个买入机会，因为该行业大约一半的公司市销率超过 1.2 倍，甚至市销率超过 4 倍的情况也相当普遍。然而，市销率可能低是有原因的，需要进一步调查以确定其合理性。</p>
<p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<p>查看我们对 Quad/Graphics 的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669"/></p>
<p>纽约证券交易所:QUAD 市销率与行业对比 2025 年 12 月 19 日</p>
<h3>Quad/Graphics 最近的表现如何？</h3>
<p>Quad/Graphics 最近的表现不佳，其收入下降与其他公司相比显得尤为糟糕，后者的收入平均有所增长。市销率可能较低是因为投资者认为这种糟糕的收入表现不会有所改善。因此，尽管可以说该股票便宜，但投资者会在看到改善之前不会认为其具有良好的价值。</p>
<p>如果您想了解分析师对未来的预测，您应该查看我们关于 Quad/Graphics 的 <strong>免费</strong> 报告。</p>
<h2>收入预测是否与低市销率相匹配？</h2>
<p>有一个内在假设，即公司应该低于行业表现，才能使像 Quad/Graphics 这样的市销率被认为是合理的。</p>
<p>首先回顾一下，公司的收入增长去年并不令人兴奋，出现了令人失望的 9.2% 的下降。过去三年也不太好，公司总共缩减了 22% 的收入。因此，股东对中期收入增长率感到沮丧。</p>
<p>展望未来，根据跟踪该公司的两位分析师的预测，预计收入将在未来一年内下降 4.9%。当行业其他公司预计增长 5.5% 时，这并不好。</p>
<p>考虑到这一点，我们发现 Quad/Graphics 的市销率与其行业同行非常接近。然而，收入的萎缩不太可能在长期内导致稳定的市销率。即使只是维持这些价格也可能很难实现，因为疲软的前景正在压制股价。</p>
<h2>关键结论</h2>
<p>最新的股价飙升不足以将 Quad/Graphics 的市销率拉近行业中位数。有人认为市销率在某些行业中是一个较差的价值衡量标准，但它可以是一个强有力的商业情绪指标。</p>
<p>正如我们所怀疑的，我们对 Quad/Graphics 的分析师预测的审查显示，其收入萎缩的前景正在导致其低市销率。目前，股东接受低市销率，因为他们承认未来的收入可能不会带来任何令人愉快的惊喜。除非有实质性变化，否则很难想象股价会大幅上涨的情况。</p>
<p>还值得注意的是，我们发现了 <strong>Quad/Graphics 的 3 个警告信号</strong>（其中 1 个令人担忧！），您需要考虑这些因素。</p>
<p>当然，<strong>盈利能力强且有良好盈利增长历史的公司通常是更安全的投资</strong>。因此，您可能希望查看这份 <strong>免费</strong> 的其他公司集合，这些公司具有合理的市盈率并且盈利增长强劲。</p>
<p>国防和灾难的移动基础设施</p>
<p>下一波机器人技术不是类人型的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随时随地。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

QUAD

<p>Quad/Graphics, Inc.（纽约证券交易所代码：QUAD）的股票最近上涨了 26%，但其低市销率为 0.1 倍，提示投资者需保持谨慎。尽管股价上涨，但该股票在过去一年中下跌了 15%，收入持续下降，预计收入将收缩 4.9%。分析师认为，由于收入表现不佳，低市销率是合理的，因此在没有重大变化的情况下，未来价格上涨的可能性不大</p>

<p><strong>Quad/Graphics, Inc.</strong> (NYSE:QUAD) shareholders are no doubt pleased to see that the share price has bounced 26% in the last month, although it is still struggling to make up recently lost ground. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 15% over that time.</p>
<div class="lb-trans"><p><strong>Quad/Graphics, Inc.</strong> (纽约证券交易所代码:QUAD) 的股东无疑会对过去一个月股价上涨 26% 感到满意，尽管它仍在努力弥补最近失去的地盘。不幸的是，过去一个月的涨幅对去年损失的弥补作用不大，股票在此期间仍下跌了 15%。</p>
</div><p>In spite of the firm bounce in price, Quad/Graphics' price-to-sales (or &#34;P/S&#34;) ratio of 0.1x might still make it look like a buy right now compared to the Commercial Services industry in the United States, where around half of the companies have P/S ratios above 1.2x and even P/S above 4x are quite common. However, the P/S might be low for a reason and it requires further investigation to determine if it's justified.</p>
<div class="lb-trans"><p>尽管股价大幅反弹，Quad/Graphics 的市销率（&#34;P/S&#34;）为 0.1 倍，与美国商业服务行业相比，可能仍然看起来像是一个买入机会，因为该行业大约一半的公司市销率超过 1.2 倍，甚至市销率超过 4 倍的情况也相当普遍。然而，市销率可能低是有原因的，需要进一步调查以确定其合理性。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><p>View our latest analysis for Quad/Graphics</p>
<div class="lb-trans"><p>查看我们对 Quad/Graphics 的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669" alt="" original-src="https://images.simplywall.st/asset/chart/126362-ps-multiple-vs-industry-1-dark-2/1766138800669"/></p>
<p>NYSE:QUAD Price to Sales Ratio vs Industry December 19th 2025</p>
<div class="lb-trans"><p>纽约证券交易所:QUAD 市销率与行业对比 2025 年 12 月 19 日</p>
</div><h3>How Has Quad/Graphics Performed Recently?</h3>
<div class="lb-trans"><h3>Quad/Graphics 最近的表现如何？</h3>
</div><p>Quad/Graphics hasn't been tracking well recently as its declining revenue compares poorly to other companies, which have seen some growth in their revenues on average. The P/S ratio is probably low because investors think this poor revenue performance isn't going to get any better. So while you could say the stock is cheap, investors will be looking for improvement before they see it as good value.</p>
<div class="lb-trans"><p>Quad/Graphics 最近的表现不佳，其收入下降与其他公司相比显得尤为糟糕，后者的收入平均有所增长。市销率可能较低是因为投资者认为这种糟糕的收入表现不会有所改善。因此，尽管可以说该股票便宜，但投资者会在看到改善之前不会认为其具有良好的价值。</p>
</div><p>If you'd like to see what analysts are forecasting going forward, you should check out our <strong>free</strong> report on Quad/Graphics.</p>
<div class="lb-trans"><p>如果您想了解分析师对未来的预测，您应该查看我们关于 Quad/Graphics 的 <strong>免费</strong> 报告。</p>
</div><h2>Do Revenue Forecasts Match The Low P/S Ratio?</h2>
<div class="lb-trans"><h2>收入预测是否与低市销率相匹配？</h2>
</div><p>There's an inherent assumption that a company should underperform the industry for P/S ratios like Quad/Graphics' to be considered reasonable.</p>
<div class="lb-trans"><p>有一个内在假设，即公司应该低于行业表现，才能使像 Quad/Graphics 这样的市销率被认为是合理的。</p>
</div><p>Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 9.2%. The last three years don't look nice either as the company has shrunk revenue by 22% in aggregate. Accordingly, shareholders would have felt downbeat about the medium-term rates of revenue growth.</p>
<div class="lb-trans"><p>首先回顾一下，公司的收入增长去年并不令人兴奋，出现了令人失望的 9.2% 的下降。过去三年也不太好，公司总共缩减了 22% 的收入。因此，股东对中期收入增长率感到沮丧。</p>
</div><p>Looking ahead now, revenue is anticipated to slump, contracting by 4.9% during the coming year according to the two analysts following the company. That's not great when the rest of the industry is expected to grow by 5.5%.</p>
<div class="lb-trans"><p>展望未来，根据跟踪该公司的两位分析师的预测，预计收入将在未来一年内下降 4.9%。当行业其他公司预计增长 5.5% 时，这并不好。</p>
</div><p>With this in consideration, we find it intriguing that Quad/Graphics' P/S is closely matching its industry peers. However, shrinking revenues are unlikely to lead to a stable P/S over the longer term. Even just maintaining these prices could be difficult to achieve as the weak outlook is weighing down the shares.</p>
<div class="lb-trans"><p>考虑到这一点，我们发现 Quad/Graphics 的市销率与其行业同行非常接近。然而，收入的萎缩不太可能在长期内导致稳定的市销率。即使只是维持这些价格也可能很难实现，因为疲软的前景正在压制股价。</p>
</div><h2>The Key Takeaway</h2>
<div class="lb-trans"><h2>关键结论</h2>
</div><p>The latest share price surge wasn't enough to lift Quad/Graphics' P/S close to the industry median. It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.</p>
<div class="lb-trans"><p>最新的股价飙升不足以将 Quad/Graphics 的市销率拉近行业中位数。有人认为市销率在某些行业中是一个较差的价值衡量标准，但它可以是一个强有力的商业情绪指标。</p>
</div><p>As we suspected, our examination of Quad/Graphics' analyst forecasts revealed that its outlook for shrinking revenue is contributing to its low P/S. Right now shareholders are accepting the low P/S as they concede future revenue probably won't provide any pleasant surprises. Unless there's material change, it's hard to envision a situation where the stock price will rise drastically.</p>
<div class="lb-trans"><p>正如我们所怀疑的，我们对 Quad/Graphics 的分析师预测的审查显示，其收入萎缩的前景正在导致其低市销率。目前，股东接受低市销率，因为他们承认未来的收入可能不会带来任何令人愉快的惊喜。除非有实质性变化，否则很难想象股价会大幅上涨的情况。</p>
</div><p>It is also worth noting that we have found <strong>3 warning signs for Quad/Graphics</strong> (1 is concerning!) that you need to take into consideration.</p>
<div class="lb-trans"><p>还值得注意的是，我们发现了 <strong>Quad/Graphics 的 3 个警告信号</strong>（其中 1 个令人担忧！），您需要考虑这些因素。</p>
</div><p>Of course, <strong>profitable companies with a history of great earnings growth are generally safer bets</strong>. So you may wish to see this <strong>free</strong> collection of other companies that have reasonable P/E ratios and have grown earnings strongly.</p>
<div class="lb-trans"><p>当然，<strong>盈利能力强且有良好盈利增长历史的公司通常是更安全的投资</strong>。因此，您可能希望查看这份 <strong>免费</strong> 的其他公司集合，这些公司具有合理的市盈率并且盈利增长强劲。</p>
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<div class="lb-trans"><p>国防和灾难的移动基础设施</p>
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<div class="lb-trans"><p>下一波机器人技术不是类人型的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随时随地。</p>
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<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
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Quad/Graphics, Inc. (NYSE:QUAD) 股票上涨 26% 是否合理，需要在此之前改善收入