LeGrand SA (OTCMKTS:LGRDY) Receives Consensus Recommendation of “Hold” from Brokerages

LeGrand SA (OTCMKTS:LGRDY) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the firm, MarketBeat reports. Seven 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.

Several research firms recently commented on LGRDY. Evercore raised LeGrand to a “hold” rating in a research note on Monday, April 13th. Kepler Capital Markets cut LeGrand from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, Citigroup reaffirmed a “buy” rating on shares of LeGrand in a research note on Friday, February 13th.

LeGrand Trading Up 1.1%

Shares of LGRDY stock opened at $36.01 on Wednesday. The stock has a market cap of $47.22 billion, a price-to-earnings ratio of 32.74, a PEG ratio of 2.01 and a beta of 0.98. The stock has a 50-day moving average of $34.03 and a 200-day moving average of $32.23. 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 has a 1-year low of $23.99 and a 1-year high of $37.91.

LeGrand (OTCMKTS:LGRDY) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.90 billion. LeGrand had a net margin of 13.29% and a return on equity of 17.27%. On average, equities research analysts forecast that LeGrand will post 1.46 earnings per share 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.