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

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

LGRDY has been the topic of a number of recent research reports. Citigroup restated a “buy” rating on shares of LeGrand in a report on Thursday, June 18th. Barclays upgraded LeGrand from an “overweight” rating to an “overweight” rating in a report on Monday, July 6th. Royal Bank Of Canada upgraded LeGrand from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 3rd. Morgan Stanley reiterated an “overweight” rating on shares of LeGrand in a research report on Friday, August 28th. Finally, Zacks Research raised LeGrand from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th.

LeGrand Price Performance

LeGrand stock opened at $31.55 on Tuesday. The firm has a market capitalization of $41.37 billion, a PE ratio of 27.20, a P/E/G ratio of 1.75 and a beta of 0.99. LeGrand has a 52 week low of $28.73 and a 52 week high of $37.91. The firm’s 50-day simple moving average is $31.62 and its 200 day simple moving average is $32.80. The company has a quick ratio of 1.12, a current ratio of 1.58 and a debt-to-equity ratio of 0.89.

LeGrand (OTCMKTS:LGRDY) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.04). The company had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.18 billion. LeGrand had a return on equity of 17.74% and a net margin of 13.01%. On average, equities research analysts predict that LeGrand will post 1.4 EPS for the current fiscal year.

LeGrand Company Profile

Legrand SA is a France-based specialist in electrical and digital building infrastructure. The company designs, manufactures and distributes products and systems used to manage, distribute and control electricity and data in residential, commercial, industrial and infrastructure environments.

Its product portfolio includes wiring devices, electrical and digital protection equipment, power distribution systems, cable management, structured cabling, lighting control, home automation and connected-building solutions.