LeGrand SA (OTCMKTS:LGRDY) Receives Average Recommendation of “Hold” from Brokerages

LeGrand SA (OTCMKTS:LGRDY) has received a consensus rating of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Several equities analysts have issued reports on LGRDY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of LeGrand in a research note on Tuesday, June 23rd. Zacks Research cut shares of LeGrand from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Evercore upgraded shares of LeGrand to a “hold” rating in a report on Monday, April 13th. Citigroup reaffirmed a “buy” rating on shares of LeGrand in a research report on Thursday, June 18th. Finally, Barclays upgraded shares of LeGrand from an “overweight” rating to an “overweight” rating in a research note on Monday, July 6th.

LeGrand Stock Down 0.9%

Shares of OTCMKTS LGRDY opened at $30.98 on Thursday. The company has a current ratio of 1.96, a quick ratio of 1.39 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $40.62 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 2.43 and a beta of 0.95. The stock’s fifty day simple moving average is $33.57 and its two-hundred day simple moving average is $33.02. LeGrand has a 12-month low of $28.50 and a 12-month high of $37.91.

LeGrand (OTCMKTS:LGRDY) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). The company had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.90 billion. LeGrand had a return on equity of 16.89% and a net margin of 13.29%. As a group, analysts expect that LeGrand will post 1.4 EPS for the current fiscal year.

LeGrand Company Profile

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.