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

LeGrand SA (OTCMKTS:LGRDY) has received an average rating of “Moderate Buy” from the eleven analysts that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of research firms have weighed in on LGRDY. Citigroup reissued a “buy” rating on shares of LeGrand in a report on Thursday, June 18th. Barclays reaffirmed an “overweight” rating on shares of LeGrand in a research report on Monday. Morgan Stanley reissued an “overweight” rating on shares of LeGrand in a report on Friday, August 28th. Evercore upgraded shares of LeGrand from a “hold” rating to a “strong-buy” rating in a research report on Friday. Finally, Royal Bank Of Canada raised shares of LeGrand from a “sector perform” rating to an “outperform” rating in a report on Monday, August 3rd.

LeGrand Stock Down 1.5%

LGRDY opened at $32.10 on Tuesday. The stock has a market capitalization of $42.09 billion, a price-to-earnings ratio of 27.67, a PEG ratio of 1.77 and a beta of 0.99. The firm has a 50 day moving average price of $31.70 and a 200-day moving average price of $32.81. LeGrand has a twelve month low of $28.73 and a twelve month high of $37.91. The company has a quick ratio of 1.12, a current ratio of 1.58 and a debt-to-equity ratio of 0.89.

LeGrand (OTCMKTS:LGRDY) last issued its earnings results on Wednesday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.04). The company had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.18 billion. LeGrand had a return on equity of 17.74% and a net margin of 13.01%. Equities research analysts forecast that LeGrand will post 1.4 earnings per share for the current year.

LeGrand Company Profile

Legrand SA is a France-based specialist in electrical and digital building infrastructure. The company designs, manufactures and distributes products and systems used to manage, distribute and control electricity and data in residential, commercial, industrial and infrastructure environments.

Its product portfolio includes wiring devices, electrical and digital protection equipment, power distribution systems, cable management, structured cabling, lighting control, home automation and connected-building solutions.