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

Shares of LeGrand SA (OTCMKTS:LGRDY) have earned a consensus rating of “Moderate Buy” from the nine research firms that are covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company.

A number of analysts have recently commented on LGRDY shares. Zacks Research downgraded LeGrand from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Barclays reissued an “overweight” rating on shares of LeGrand in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft downgraded LeGrand from a “buy” rating to a “hold” rating in a report on Thursday, November 6th. Jefferies Financial Group raised LeGrand from a “moderate sell” rating to a “strong-buy” rating in a research note on Sunday, October 12th. Finally, Citigroup reiterated a “buy” rating on shares of LeGrand in a report on Wednesday, October 1st.

LeGrand Trading Up 0.2%

Shares of LGRDY stock opened at $30.04 on Friday. The firm’s 50-day simple moving average is $31.01 and its 200-day simple moving average is $30.27. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.22 and a quick ratio of 1.69. LeGrand has a 1-year low of $18.85 and a 1-year high of $34.83. The firm has a market cap of $39.66 billion, a P/E ratio of 30.34, a PEG ratio of 2.39 and a beta of 0.89.

LeGrand (OTCMKTS:LGRDY) last issued its quarterly 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%. As a group, equities analysts forecast that LeGrand will post 1.08 EPS for the current 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.