LeGrand SA (OTCMKTS:LGRDY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of LeGrand SA (OTCMKTS:LGRDY) have been given a consensus rating of “Moderate Buy” by the ten analysts that are presently covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

LGRDY has been the subject of several analyst reports. UBS Group upgraded LeGrand to a “hold” rating in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of LeGrand in a report on Tuesday, January 6th. Citigroup restated a “buy” rating on shares of LeGrand in a research report on Friday, February 13th. Kepler Capital Markets cut shares of LeGrand from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, The Goldman Sachs Group lowered shares of LeGrand from a “buy” rating to a “hold” rating in a report on Sunday, January 11th.

LeGrand Stock Performance

Shares of LGRDY stock opened at $31.07 on Friday. The company’s fifty day simple moving average is $32.42 and its two-hundred day simple moving average is $31.88. LeGrand has a 1 year low of $18.85 and a 1 year high of $36.92. 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 (OTCMKTS:LGRDY) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates 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 anticipate that LeGrand will post 1.08 earnings per share for the current 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.