LeGrand SA (OTCMKTS:LGRDY - Get Free Report) saw strong trading volume on Thursday . 914,204 shares changed hands during mid-day trading, an increase of 644% from the previous session's volume of 122,809 shares.The stock last traded at $26.48 and had previously closed at $26.70.
Analyst Ratings Changes
Separately, Morgan Stanley restated an "overweight" rating on shares of LeGrand in a research note on Tuesday, July 1st.
Read Our Latest Stock Analysis on LGRDY
LeGrand Stock Performance
The company has a debt-to-equity ratio of 0.63, a current ratio of 1.94 and a quick ratio of 1.45. The company has a 50 day simple moving average of $24.72 and a 200-day simple moving average of $22.33. The stock has a market capitalization of $35.35 billion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 4.55 and a beta of 0.82.
LeGrand (OTCMKTS:LGRDY - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by ($0.02). The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.26 billion. LeGrand had a net margin of 17.18% and a return on equity of 16.09%. On average, equities analysts forecast that LeGrand SA will post 1.08 EPS for the current year.
LeGrand Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, June 17th. Investors of record on Thursday, May 29th were paid a dividend of $0.3264 per share. This represents a dividend yield of 1.34%. The ex-dividend date of this dividend was Wednesday, May 28th. LeGrand's payout ratio is currently 31.25%.
About LeGrand
(
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.
Further Reading
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