LeGrand SA (OTCMKTS:LGRDY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of LeGrand SA (OTCMKTS:LGRDY) have been assigned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have issued a strong buy recommendation on the company.

A number of equities research analysts have recently commented on LGRDY shares. Kepler Capital Markets raised shares of LeGrand from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. UBS Group upgraded LeGrand to a “hold” rating in a research report on Tuesday, December 16th. Barclays reaffirmed an “overweight” rating on shares of LeGrand in a research note on Wednesday, December 3rd. Citigroup reiterated a “buy” rating on shares of LeGrand in a research note on Wednesday, October 1st. Finally, Zacks Research lowered LeGrand from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th.

LeGrand Price Performance

Shares of OTCMKTS LGRDY opened at $30.19 on Thursday. The company has a current ratio of 2.22, a quick ratio of 1.69 and a debt-to-equity ratio of 0.78. The stock has a market cap of $39.86 billion, a P/E ratio of 30.49, a P/E/G ratio of 2.06 and a beta of 0.88. The stock has a 50 day moving average of $29.72 and a two-hundred day moving average of $30.82. LeGrand has a twelve month low of $18.85 and a twelve month high of $34.83.

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