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

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

A number of equities research analysts have recently commented on the company. Citigroup reissued a “buy” rating on shares of LeGrand in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of LeGrand in a research note on Tuesday, January 6th. Evercore raised LeGrand to a “hold” rating in a research note on Monday. UBS Group raised LeGrand to a “hold” rating in a research report on Tuesday, December 16th. Finally, The Goldman Sachs Group cut LeGrand from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th.

LeGrand Trading Up 0.3%

OTCMKTS LGRDY opened at $34.92 on Tuesday. LeGrand has a 12 month low of $20.67 and a 12 month high of $36.92. The stock has a market cap of $45.79 billion, a P/E ratio of 33.90, a P/E/G ratio of 2.18 and a beta of 0.94. The stock’s fifty day moving average price is $33.12 and its 200-day moving average price is $31.87. 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 (OTCMKTS:LGRDY) last released its 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). LeGrand had a return on equity of 16.70% and a net margin of 16.69%.The company had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.92 billion. As a group, equities analysts forecast that LeGrand will post 1.08 EPS for the current fiscal 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.