Legrand (LGRVF) Projected to Post Quarterly Earnings on Thursday

Legrand (OTCMKTS:LGRVF) is projected to post its results before the market opens on Thursday, November 5th. Analysts expect Legrand to announce earnings of $1.63 per share and revenue of $3.03 billion for the quarter.

Legrand Stock Performance

OTCMKTS:LGRVF opened at $148.27 on Wednesday. The company’s 50 day moving average is $157.69 and its 200-day moving average is $163.94. The company has a quick ratio of 1.39, a current ratio of 1.95 and a debt-to-equity ratio of 0.68. Legrand has a 12 month low of $138.37 and a 12 month high of $189.59. The firm has a market cap of $39.46 billion, a price-to-earnings ratio of 34.48 and a beta of 1.01.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on LGRVF shares. The Goldman Sachs Group upgraded shares of Legrand to a “buy” rating in a research note on Wednesday, October 21st. Evercore raised shares of Legrand to an “outperform” rating in a research report on Friday, October 2nd. Two analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has an average rating of “Buy”.

About Legrand

Legrand is a France-based company that designs, manufactures and distributes products and systems for electrical and digital building infrastructure. Its offerings support residential, commercial, industrial and data-center applications, helping manage power distribution, connectivity, lighting, safety and building automation.

The company’s product portfolio includes wiring devices, electrical and power distribution equipment, cable management systems, switches and sockets, home automation solutions, structured cabling, uninterruptible power supplies and infrastructure for data centers.