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

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

Several equities analysts have commented on the company. UBS Group raised LeGrand to a “hold” rating in a research report on Tuesday, December 16th. Barclays reissued an “overweight” rating on shares of LeGrand in a research note on Wednesday, December 3rd. The Goldman Sachs Group downgraded shares of LeGrand from a “buy” rating to a “hold” rating in a research note on Sunday, January 11th. Jefferies Financial Group upgraded shares of LeGrand from a “moderate sell” rating to a “strong-buy” rating in a report on Sunday, October 12th. Finally, Kepler Capital Markets upgraded shares of LeGrand from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th.

LeGrand Price Performance

LGRDY stock opened at $31.75 on Thursday. The stock has a market cap of $41.64 billion, a PE ratio of 32.07, a P/E/G ratio of 2.15 and a beta of 0.88. LeGrand has a 12 month low of $18.85 and a 12 month high of $34.83. The company has a 50-day moving average price of $29.82 and a 200 day moving average price of $30.91. The company has a current ratio of 2.22, a quick ratio of 1.69 and a debt-to-equity ratio of 0.78.

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