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

Shares of LeGrand SA (OTCMKTS:LGRDY) have earned an average rating of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company.

A number of research firms recently commented on LGRDY. Kepler Capital Markets raised LeGrand from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. Jefferies Financial Group raised shares of LeGrand from a “moderate sell” rating to a “strong-buy” rating in a research note on Sunday, October 12th. Zacks Research cut shares of LeGrand from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Citigroup restated a “buy” rating on shares of LeGrand in a report on Wednesday, October 1st. Finally, Barclays reiterated an “overweight” rating on shares of LeGrand in a report on Wednesday, December 3rd.

LeGrand Stock Performance

Shares of LeGrand stock opened at $29.88 on Friday. The stock has a market cap of $39.45 billion, a price-to-earnings ratio of 30.18, a P/E/G ratio of 2.37 and a beta of 0.89. LeGrand has a twelve month low of $18.85 and a twelve month high of $34.83. The company’s fifty day moving average is $30.84 and its 200 day moving average is $30.37. The company has a quick ratio of 1.69, a current ratio of 2.22 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 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.05). The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.62 billion. LeGrand had a return on equity of 16.05% and a net margin of 16.71%. Sell-side analysts forecast that LeGrand will post 1.08 EPS 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.