LeGrand SA (OTCMKTS:LGRDY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of LeGrand SA (OTCMKTS:LGRDY) have earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the firm, Marketbeat.com reports. Five research 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 stock. Citigroup reissued a “buy” rating on shares of LeGrand in a research report on Friday, February 13th. The Goldman Sachs Group lowered LeGrand from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Kepler Capital Markets raised LeGrand from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th. Zacks Research lowered LeGrand from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Barclays reiterated an “overweight” rating on shares of LeGrand in a research note on Wednesday, December 3rd.

LeGrand Stock Performance

Shares of LeGrand stock opened at $35.49 on Monday. The stock has a fifty day simple moving average of $30.94 and a 200 day simple moving average of $31.45. LeGrand has a 12-month low of $18.85 and a 12-month high of $36.92. 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, February 12th. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.01). LeGrand had a net margin of 16.69% and a return on equity of 16.70%. The firm had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.92 billion. Sell-side analysts expect that LeGrand will post 1.08 earnings per share for the current fiscal 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.