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

LeGrand SA (OTCMKTS:LGRDY) has earned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

Several equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft lowered LeGrand from a “buy” rating to a “hold” rating in a research report on Thursday, November 6th. Zacks Research lowered shares of LeGrand from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Barclays reaffirmed an “overweight” rating on shares of LeGrand in a research note on Wednesday, December 3rd. Jefferies Financial Group raised LeGrand from a “moderate sell” rating to a “strong-buy” rating in a research report on Sunday, October 12th. Finally, Kepler Capital Markets upgraded LeGrand from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th.

LeGrand Stock Down 0.7%

LGRDY stock opened at $29.66 on Friday. LeGrand has a fifty-two week low of $18.85 and a fifty-two week high of $34.83. The company has a market capitalization of $39.16 billion, a price-to-earnings ratio of 29.96, a price-to-earnings-growth ratio of 2.36 and a beta of 0.88. The business’s 50 day moving average price is $30.67 and its two-hundred day moving average price is $30.36. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.69 and a current ratio of 2.22.

LeGrand (OTCMKTS:LGRDY) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.05). The firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.62 billion. LeGrand had a net margin of 16.71% and a return on equity of 16.05%. As a group, analysts forecast that LeGrand will post 1.08 earnings per share for the current fiscal 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.