LeGrand SA (OTCMKTS:LGRDY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of LeGrand SA (OTCMKTS:LGRDY) have been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating on the company.

A number of equities analysts have weighed in on the stock. Barclays reiterated an “overweight” rating on shares of LeGrand in a research report on Wednesday. Deutsche Bank Aktiengesellschaft downgraded shares of LeGrand from a “buy” rating to a “hold” rating in a report on Thursday, November 6th. Kepler Capital Markets raised LeGrand from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. Jefferies Financial Group upgraded LeGrand from a “moderate sell” rating to a “strong-buy” rating in a research report on Sunday, October 12th. Finally, Citigroup reiterated a “buy” rating on shares of LeGrand in a research report on Wednesday, October 1st.

LeGrand Stock Down 1.4%

OTCMKTS LGRDY opened at $29.95 on Wednesday. The stock’s 50-day moving average price is $32.15 and its 200-day moving average price is $29.76. The company has a quick ratio of 1.69, a current ratio of 2.22 and a debt-to-equity ratio of 0.78. LeGrand has a 52 week low of $18.85 and a 52 week high of $34.83. The company has a market capitalization of $39.54 billion, a P/E ratio of 30.25, a price-to-earnings-growth ratio of 2.30 and a beta of 0.89.

LeGrand (OTCMKTS:LGRDY) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.05). LeGrand had a net margin of 16.71% and a return on equity of 16.05%. The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.62 billion. On average, equities research analysts predict that LeGrand will post 1.08 earnings per share for the current year.

About LeGrand

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.