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

Shares of LeGrand SA (OTCMKTS:LGRDY) have received a consensus recommendation of “Moderate Buy” from the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company.

LGRDY has been the topic of a number of recent research reports. Barclays raised shares of LeGrand from an “overweight” rating to an “overweight” rating in a research report on Monday, July 6th. Citigroup reaffirmed a “buy” rating on shares of LeGrand in a report on Thursday, June 18th. Morgan Stanley reaffirmed an “overweight” rating on shares of LeGrand in a research note on Friday, August 28th. Zacks Research upgraded shares of LeGrand from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft raised shares of LeGrand from a “hold” rating to a “buy” rating in a research report on Wednesday.

LeGrand Stock Performance

LeGrand stock opened at $31.72 on Friday. The stock’s 50 day moving average price is $31.72 and its 200 day moving average price is $33.13. The firm has a market capitalization of $41.59 billion, a PE ratio of 27.35, a price-to-earnings-growth ratio of 2.25 and a beta of 0.96. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.39 and a current ratio of 1.58. LeGrand has a one year low of $28.73 and a one year high of $37.91.

LeGrand (OTCMKTS:LGRDY) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.04). LeGrand had a return on equity of 17.74% and a net margin of 13.01%.The company had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.18 billion. As a group, sell-side analysts expect that LeGrand will post 1.41 EPS 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.