LeGrand SA (OTCMKTS:LGRDY) Receives Average Rating of “Hold” from Analysts

LeGrand SA (OTCMKTS:LGRDY) has been given an average recommendation of “Hold” by the eleven ratings firms that are covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

LGRDY has been the subject of several research reports. Citigroup reiterated a “buy” rating on shares of LeGrand in a research report on Friday, February 13th. Kepler Capital Markets cut LeGrand from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, Evercore raised LeGrand to a “hold” rating in a research note on Monday, April 13th.

LeGrand Price Performance

LeGrand stock opened at $36.01 on Wednesday. The company has a current ratio of 2.22, a quick ratio of 1.69 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $47.22 billion, a PE ratio of 32.74, a P/E/G ratio of 2.01 and a beta of 0.98. LeGrand has a 12 month low of $23.99 and a 12 month high of $37.91. The stock has a 50-day moving average price of $34.03 and a two-hundred day moving average price of $32.23.

LeGrand (OTCMKTS:LGRDY) last posted its earnings results on Thursday, May 7th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.90 billion. LeGrand had a net margin of 13.29% and a return on equity of 17.27%. Analysts expect that LeGrand will post 1.46 EPS 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.