LeGrand SA (OTCMKTS:LGRDY) Given Average Rating of “Hold” by Analysts

LeGrand SA (OTCMKTS:LGRDY) has been given an average recommendation of “Hold” by the eleven research firms that are covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

A number of analysts have weighed in on LGRDY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of LeGrand in a research report on Tuesday. Evercore raised LeGrand to a “hold” rating in a research report on Monday, April 13th. Finally, Citigroup reaffirmed a “buy” rating on shares of LeGrand in a research report on Thursday, June 18th.

LeGrand Price Performance

Shares of OTCMKTS:LGRDY opened at $33.69 on Friday. 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 has a 1 year low of $25.32 and a 1 year high of $37.91. The business has a fifty day simple moving average of $34.61 and a 200 day simple moving average of $32.75. The firm has a market cap of $44.18 billion, a price-to-earnings ratio of 30.63, a P/E/G ratio of 2.60 and a beta of 0.96.

LeGrand (OTCMKTS:LGRDY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). LeGrand had a return on equity of 16.89% and a net margin of 13.29%.The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $2.90 billion. As a group, sell-side analysts predict that LeGrand will post 1.41 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.