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

Shares of LeGrand SA (OTCMKTS:LGRDY) have been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company.

LGRDY has been the topic of several recent analyst reports. Zacks Research raised LeGrand from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Citigroup restated a “buy” rating on shares of LeGrand in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft raised LeGrand from a “hold” rating to a “buy” rating in a research report on Wednesday, September 2nd. Morgan Stanley reiterated an “overweight” rating on shares of LeGrand in a report on Friday, August 28th. Finally, Barclays upgraded LeGrand from an “overweight” rating to an “overweight” rating in a research report on Monday, July 6th.

LeGrand Trading Down 0.9%

Shares of LGRDY opened at $32.29 on Friday. The stock has a market capitalization of $42.34 billion, a P/E ratio of 27.84, a PEG ratio of 1.80 and a beta of 0.96. The company has a quick ratio of 1.12, a current ratio of 1.58 and a debt-to-equity ratio of 0.89. The firm has a fifty day simple moving average of $31.70 and a two-hundred day simple moving average of $33.03. LeGrand has a twelve month low of $28.73 and a twelve month high of $37.91.

LeGrand (OTCMKTS:LGRDY) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.04). The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.18 billion. LeGrand had a net margin of 13.01% and a return on equity of 17.74%. On average, research analysts anticipate that LeGrand will post 1.41 EPS for the current year.

LeGrand Company Profile

Legrand SA is a France-based specialist in electrical and digital building infrastructure. The company develops, manufactures and markets equipment used to distribute, control, protect and manage electricity and data in residential, commercial, industrial and infrastructure environments.

Its product portfolio includes wiring devices such as switches and sockets, electrical protection and distribution systems, cable management solutions, connected-home and building-automation products, and systems for data centers and other digital infrastructure applications.