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

LeGrand SA (OTCMKTS:LGRDY) has been given an average recommendation of “Moderate Buy” by the ten analysts that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company.

A number of equities analysts have issued reports on the company. UBS Group upgraded LeGrand to a “hold” rating in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of LeGrand in a research report on Tuesday, January 6th. Zacks Research cut shares of LeGrand from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Citigroup reaffirmed a “buy” rating on shares of LeGrand in a research note on Friday. Finally, Kepler Capital Markets raised shares of LeGrand from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th.

LeGrand Stock Performance

Shares of LeGrand stock opened at $35.43 on Monday. The firm has a fifty day moving average of $30.64 and a two-hundred day moving average of $31.34. 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 52 week low of $18.85 and a 52 week high of $36.92.

LeGrand (OTCMKTS:LGRDY) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.01). The company had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $2.92 billion. LeGrand had a return on equity of 16.70% and a net margin of 16.69%. As a group, equities research analysts forecast that LeGrand will post 1.08 earnings per share 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.