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

Shares of LeGrand SA (OTCMKTS:LGRDY) have earned a consensus recommendation of “Hold” from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

A number of equities research analysts have recently issued reports on the stock. Evercore raised shares of LeGrand to a “hold” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of LeGrand in a report on Tuesday, June 23rd. Zacks Research lowered LeGrand from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Barclays raised LeGrand from an “overweight” rating to an “overweight” rating in a research report on Monday, July 6th. Finally, Citigroup reiterated a “buy” rating on shares of LeGrand in a research note on Thursday, June 18th.

LeGrand Price Performance

OTCMKTS:LGRDY opened at $30.67 on Thursday. The stock has a market capitalization of $40.22 billion, a PE ratio of 27.88, a P/E/G ratio of 2.43 and a beta of 0.95. LeGrand has a 1-year low of $28.50 and a 1-year high of $37.91. The firm has a fifty day simple moving average of $33.44 and a 200 day simple moving average of $33.05. The company has a current ratio of 1.96, a quick ratio of 1.39 and a debt-to-equity ratio of 0.81.

LeGrand (OTCMKTS:LGRDY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). The firm had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.90 billion. LeGrand had a return on equity of 16.89% and a net margin of 13.29%. On average, research analysts expect that LeGrand will post 1.4 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.