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

LeGrand SA (OTCMKTS:LGRDY) has been given a consensus rating of “Moderate Buy” by the ten research firms that are covering the stock, MarketBeat.com reports. Six 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.

A number of analysts recently weighed in on the stock. Zacks Research raised shares of LeGrand from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada upgraded shares of LeGrand from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of LeGrand in a report on Tuesday, June 23rd. Barclays raised LeGrand from an “overweight” rating to an “overweight” rating in a report on Monday, July 6th. Finally, Evercore upgraded LeGrand to a “hold” rating in a research report on Monday, April 13th.

LeGrand Stock Performance

Shares of LeGrand stock opened at $32.34 on Monday. The firm has a market capitalization of $42.41 billion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 2.31 and a beta of 0.96. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.96 and a quick ratio of 1.39. The company’s fifty day moving average price is $32.21 and its two-hundred day moving average price is $33.17. LeGrand has a 52-week low of $28.73 and a 52-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 analysts’ consensus estimates of $0.36 by ($0.04). The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.18 billion. LeGrand had a return on equity of 17.83% and a net margin of 13.01%. On average, analysts expect that LeGrand will post 1.41 EPS for the current year.

LeGrand Company Profile

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.