LeGrand SA (OTCMKTS:LGRDY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of LeGrand SA (OTCMKTS:LGRDY) have received an average rating of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. Six equities research 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.

Several equities research analysts have issued reports on the stock. Citigroup reissued a “buy” rating on shares of LeGrand in a report on Thursday, June 18th. Zacks Research upgraded shares of LeGrand from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Barclays raised shares of LeGrand from an “overweight” rating to an “overweight” rating in a report on Monday, July 6th. Royal Bank Of Canada upgraded shares of LeGrand from a “sector perform” rating to an “outperform” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of LeGrand in a research note on Tuesday, June 23rd.

LeGrand Price Performance

Shares of OTCMKTS:LGRDY opened at $32.52 on Monday. LeGrand has a 1-year low of $28.73 and a 1-year high of $37.91. The firm has a market capitalization of $42.64 billion, a PE ratio of 28.03, a PEG ratio of 2.32 and a beta of 0.96. The business’s 50 day moving average is $32.05 and its 200-day moving average is $33.27. The company has a current ratio of 1.96, a quick ratio of 1.39 and a debt-to-equity ratio of 0.81.

LeGrand (OTCMKTS:LGRDY) last issued its earnings results on Wednesday, July 29th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.04). The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.18 billion. LeGrand had a net margin of 13.01% and a return on equity of 17.83%. Sell-side analysts predict that LeGrand will post 1.41 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.