Legrand SA (France) Today

LR Stock  EUR 97.94  1.44  1.49%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Legrand SA is trading at 97.94 as of the 25th of April 2024, a 1.49% increase since the beginning of the trading day. The stock's open price was 96.5. Legrand SA has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Legrand SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company was founded in 1865 and is headquartered in Limoges, France. LEGRAND operates under Diversified Industrials classification in France and is traded on Paris Stock Exchange. The company has 266.19 M outstanding shares. More on Legrand SA

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Follow Valuation Odds of Bankruptcy
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Legrand Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Legrand SA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Legrand SA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Industrials, Industrials (View all Sectors)
Legrand SA (LR) is traded on Euronext Paris in France and employs 37,931 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 23.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Legrand SA's market, we take the total number of its shares issued and multiply it by Legrand SA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Legrand SA classifies itself under Industrials sector and is part of Diversified Industrials industry. The entity has 266.19 M outstanding shares. Legrand SA has accumulated about 1.08 B in cash with 1.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.03.
Check Legrand SA Probability Of Bankruptcy
Ownership Allocation
Legrand SA maintains a total of 266.19 Million outstanding shares. Over half of Legrand SA's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Legrand SA. Please watch out for any change in the institutional holdings of Legrand SA as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Legrand Ownership Details

Legrand Stock Price Odds Analysis

What are Legrand SA's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Legrand SA jumping above the current price in 90 days from now is about 7.51%. The Legrand SA probability density function shows the probability of Legrand SA stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Legrand SA has a beta of 0.3576. This indicates as returns on the market go up, Legrand SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Legrand SA will be expected to be much smaller as well. Additionally, legrand SA has an alpha of 0.0746, implying that it can generate a 0.0746 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 97.94HorizonTargetOdds Above 97.94
92.36%90 days
 97.94 
7.51%
Based on a normal probability distribution, the odds of Legrand SA to move above the current price in 90 days from now is about 7.51 (This Legrand SA probability density function shows the probability of Legrand Stock to fall within a particular range of prices over 90 days) .

Legrand SA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Legrand SA market risk premium is the additional return an investor will receive from holding Legrand SA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Legrand SA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Legrand SA's alpha and beta are two of the key measurements used to evaluate Legrand SA's performance over the market, the standard measures of volatility play an important role as well.

Legrand Stock Against Markets

Picking the right benchmark for Legrand SA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Legrand SA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Legrand SA is critical whether you are bullish or bearish towards Legrand SA at a given time. Please also check how Legrand SA's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Legrand SA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Legrand SA Corporate Management

Elected by the shareholders, the Legrand SA's board of directors comprises two types of representatives: Legrand SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Legrand. The board's role is to monitor Legrand SA's management team and ensure that shareholders' interests are well served. Legrand SA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Legrand SA's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Legrand Stock?

Before investing in Legrand SA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Legrand SA. To buy Legrand SA stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Legrand SA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Legrand SA stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Legrand SA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Legrand SA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Legrand SA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Legrand SA?

The danger of trading Legrand SA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Legrand SA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Legrand SA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Legrand SA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legrand SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Legrand SA's price analysis, check to measure Legrand SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legrand SA is operating at the current time. Most of Legrand SA's value examination focuses on studying past and present price action to predict the probability of Legrand SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legrand SA's price. Additionally, you may evaluate how the addition of Legrand SA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Legrand SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legrand SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legrand SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.