LeGrand SA (OTCMKTS:LGRDY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of LeGrand SA (OTCMKTS:LGRDY) have earned a consensus recommendation of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

LGRDY has been the topic of a number of analyst reports. Kepler Capital Markets cut LeGrand from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Evercore upgraded LeGrand to a “hold” rating in a report on Monday, April 13th. Finally, Citigroup reiterated a “buy” rating on shares of LeGrand in a report on Thursday.

LeGrand Price Performance

OTCMKTS:LGRDY opened at $34.85 on Friday. LeGrand has a 52 week low of $24.31 and a 52 week high of $37.91. The company has a quick ratio of 1.39, a current ratio of 1.96 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $45.70 billion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 2.72 and a beta of 0.96. The stock’s 50-day moving average price is $34.69 and its 200-day moving average price is $32.62.

LeGrand (OTCMKTS:LGRDY) last posted its earnings results on Thursday, May 7th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). LeGrand had a net margin of 13.29% and a return on equity of 16.89%. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.90 billion. As a group, equities analysts expect that LeGrand will post 1.41 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.