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

Shares of LeGrand SA (OTCMKTS:LGRDY) have received an average recommendation of “Hold” from the eleven brokerages that are covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of LeGrand in a report on Tuesday. 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, June 18th.

LeGrand Price Performance

LeGrand stock opened at $32.97 on Friday. The business’s 50-day simple moving average is $34.57 and its 200 day simple moving average is $32.75. The stock has a market cap of $43.23 billion, a price-to-earnings ratio of 29.97, a P/E/G ratio of 2.58 and a beta of 0.96. LeGrand has a 12-month low of $25.96 and a 12-month 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.

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 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 16.89%. As a group, research analysts anticipate that LeGrand will post 1.41 earnings per share 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.