LeGrand SA (OTCMKTS:LGRDY) Given Consensus Recommendation of “Hold” by Analysts

LeGrand SA (OTCMKTS:LGRDY) has received a consensus rating of “Hold” from the eleven analysts that are currently covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

LGRDY has been the topic of several analyst reports. Kepler Capital Markets lowered shares of LeGrand from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Evercore raised shares of LeGrand to a “hold” rating in a research report on Monday, April 13th. Finally, Citigroup reaffirmed a “buy” rating on shares of LeGrand in a report on Friday, February 13th.

LeGrand Stock Up 1.4%

OTCMKTS:LGRDY opened at $34.66 on Wednesday. The firm has a market capitalization of $45.45 billion, a price-to-earnings ratio of 31.51, a price-to-earnings-growth ratio of 1.93 and a beta of 0.96. LeGrand has a twelve month low of $24.28 and a twelve month high of $37.91. The stock’s 50 day moving average price is $34.25 and its two-hundred day moving average price is $32.35. The company has a quick ratio of 1.69, a current ratio of 2.22 and a debt-to-equity ratio of 0.78.

LeGrand (OTCMKTS:LGRDY) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). LeGrand had a net margin of 13.29% and a return on equity of 17.27%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.90 billion. Equities research analysts expect that LeGrand will post 1.46 earnings per share for the current fiscal year.

About LeGrand

Legrand (OTCMKTS: LGRDY) is a French multinational that designs, manufactures and distributes electrical and digital building infrastructure solutions. The company’s product portfolio spans wiring devices such as switches and outlets, cable management and trunking systems, power distribution and protection equipment, lighting control and energy management systems, as well as solutions for data centers and building automation. Its offerings are positioned for new construction and retrofit projects in residential, commercial, industrial and institutional buildings.

Legrand supplies both branded products and integrated systems to electrical contractors, distributors, installers and original equipment manufacturers.