LeGrand SA (OTCMKTS:LGRDY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of LeGrand SA (OTCMKTS:LGRDY) have received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

A number of equities analysts have issued reports on LGRDY shares. Zacks Research lowered shares of LeGrand from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Deutsche Bank Aktiengesellschaft lowered shares of LeGrand from a “buy” rating to a “hold” rating in a research note on Thursday, November 6th. Jefferies Financial Group upgraded shares of LeGrand from a “moderate sell” rating to a “strong-buy” rating in a research report on Sunday, October 12th. Kepler Capital Markets raised shares of LeGrand from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. Finally, Citigroup reiterated a “buy” rating on shares of LeGrand in a research note on Wednesday, October 1st.

LeGrand Stock Performance

Shares of LGRDY stock opened at $29.93 on Wednesday. The business has a fifty day moving average of $32.36 and a 200 day moving average of $29.64. LeGrand has a 1 year low of $18.85 and a 1 year high of $34.83. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.94 and a quick ratio of 1.45. The firm has a market capitalization of $39.51 billion, a price-to-earnings ratio of 30.23, a price-to-earnings-growth ratio of 2.30 and a beta of 0.89.

LeGrand (OTCMKTS:LGRDY) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.05). LeGrand had a net margin of 16.71% and a return on equity of 16.27%. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.62 billion. As a group, research analysts expect that LeGrand will post 1.08 earnings per share for the current year.

LeGrand Company Profile

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.