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

Shares of LeGrand SA (OTCMKTS:LGRDY) have received a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of brokerages recently weighed in on LGRDY. Kepler Capital Markets raised shares of LeGrand from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. Zacks Research lowered LeGrand from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Barclays reiterated an “overweight” rating on shares of LeGrand in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of LeGrand in a research report on Tuesday, January 6th. Finally, UBS Group raised LeGrand to a “hold” rating in a research report on Tuesday, December 16th.

LeGrand Price Performance

Shares of LGRDY stock opened at $35.43 on Monday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.69 and a current ratio of 2.22. LeGrand has a 52 week low of $18.85 and a 52 week high of $36.92. The company’s 50 day moving average price is $30.64 and its two-hundred day moving average price is $31.34.

LeGrand (OTCMKTS:LGRDY) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.92 billion. Equities research analysts forecast 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.