Legrand (LGRVF) Projected to Release Quarterly Earnings on Thursday

Legrand (OTCMKTS:LGRVF) is projected to post its results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $1.63 per share and revenue of $3.03 billion for the quarter.

Legrand Stock Up 7.2%

LGRVF opened at $148.27 on Tuesday. The firm’s 50 day simple moving average is $157.94 and its two-hundred day simple moving average is $163.96. The company has a market capitalization of $39.46 billion, a PE ratio of 34.48 and a beta of 1.01. Legrand has a 1-year low of $138.37 and a 1-year high of $189.59. The company has a current ratio of 1.95, a quick ratio of 1.39 and a debt-to-equity ratio of 0.68.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Evercore upgraded Legrand to an “outperform” rating in a research note on Friday, October 2nd. The Goldman Sachs Group upgraded Legrand to a “buy” rating in a research report on Wednesday, October 21st. Two research analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of “Buy”.

About Legrand

Legrand is a France-based company that designs, manufactures and distributes products and systems for electrical and digital building infrastructure. Its offerings support residential, commercial, industrial and data-center applications, helping manage power distribution, connectivity, lighting, safety and building automation.

The company’s product portfolio includes wiring devices, electrical and power distribution equipment, cable management systems, switches and sockets, home automation solutions, structured cabling, uninterruptible power supplies and infrastructure for data centers.