LeGrand SA (OTCMKTS:LGRDY) Receives Average Rating of “Moderate Buy” from Analysts

LeGrand SA (OTCMKTS:LGRDY) has earned an average recommendation of “Moderate Buy” from the eleven ratings firms that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have issued a strong buy recommendation on the company.

Several brokerages have weighed in on LGRDY. Deutsche Bank Aktiengesellschaft raised LeGrand from a “hold” rating to a “buy” rating in a research note on Wednesday, September 2nd. Evercore raised LeGrand from a “hold” rating to a “strong-buy” rating in a research note on Friday. Royal Bank Of Canada upgraded LeGrand from a “sector perform” rating to an “outperform” rating in a report on Monday, August 3rd. Morgan Stanley reissued an “overweight” rating on shares of LeGrand in a research report on Friday, August 28th. Finally, Barclays upgraded LeGrand from an “overweight” rating to an “overweight” rating in a report on Monday, July 6th.

LeGrand Trading Up 3.3%

Shares of LGRDY opened at $32.58 on Tuesday. The stock has a market capitalization of $42.72 billion, a PE ratio of 28.09, a P/E/G ratio of 1.77 and a beta of 0.99. The company’s fifty day moving average is $31.66 and its 200 day moving average is $32.80. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.12 and a current ratio of 1.58. LeGrand has a fifty-two week low of $28.73 and a fifty-two week high of $37.91.

LeGrand (OTCMKTS:LGRDY) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.04). LeGrand had a net margin of 13.01% and a return on equity of 17.74%. The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.18 billion. Sell-side analysts expect that LeGrand will post 1.4 earnings per share for the current fiscal year.

LeGrand Company Profile

Legrand SA is a France-based specialist in electrical and digital building infrastructure. The company designs, manufactures and distributes products and systems used to manage, distribute and control electricity and data in residential, commercial, industrial and infrastructure environments.

Its product portfolio includes wiring devices, electrical and digital protection equipment, power distribution systems, cable management, structured cabling, lighting control, home automation and connected-building solutions.