LeGrand (OTCMKTS:LGRDY) Reaches New 12-Month High – Time to Buy?

by · The Cerbat Gem

LeGrand SA (OTCMKTS:LGRDY – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $31.48 and last traded at $31.45, with a volume of 10840 shares changing hands. The stock had previously closed at $30.67.

Analyst Ratings Changes

Several brokerages recently weighed in on LGRDY. Morgan Stanley reiterated an “overweight” rating on shares of LeGrand in a report on Tuesday, July 1st. Royal Bank Of Canada restated a “sector perform” rating on shares of LeGrand in a research report on Monday, August 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of LeGrand in a research report on Monday, August 4th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on LeGrand

LeGrand Price Performance

The stock has a fifty day moving average of $29.09 and a 200-day moving average of $25.09. The company has a quick ratio of 1.45, a current ratio of 1.94 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $41.52 billion, a price-to-earnings ratio of 32.29, a P/E/G ratio of 3.29 and a beta of 0.80.

LeGrand (OTCMKTS:LGRDY – Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.04). LeGrand had a net margin of 17.13% and a return on equity of 16.31%. The firm had revenue of $2.87 billion during the quarter, compared to analysts’ expectations of $2.37 billion. On average, equities research analysts predict that LeGrand SA will post 1.08 EPS for the current fiscal year.

LeGrand Company Profile

(Get Free Report)

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.

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