Griffon(GFF)

Search documents
Clopay Corporation VertiStack Avante Garage Door Named Best of IBS Award Winner
Prnewswire· 2025-03-20 19:34
The Best of IBS Awards annually recognizes products that redefine industry standards in design, technology, and functionality. The VertiStack Avante garage door earned top honors for its groundbreaking vertical stacking design that fundamentally reinvents how garage doors operate. Unlike traditional garage doors, the VertiStack Avante door features an innovative space-saving design in which glass panel sections stack compactly on the wall above the opening. This engineering breakthrough eliminates the need ...
Has Griffon (GFF) Outpaced Other Conglomerates Stocks This Year?
ZACKS· 2025-03-20 14:41
Investors interested in Conglomerates stocks should always be looking to find the best-performing companies in the group. Has Griffon (GFF) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Conglomerates sector should help us answer this question.Griffon is a member of our Conglomerates group, which includes 25 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, ...
Best Value Stocks to Buy for March 19th
ZACKS· 2025-03-19 13:40
Here is the stock with buy rank and strong value characteristics for investors to consider today, March 19th: Griffon (GFF) : This diversified holding company with exposure in several industries is engaged in the manufacture and sale of a wide range of consumer and professional, and home and building products including garage doors, shutters, materials for disposable diapers and disposable health care products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its cur ...
3 Reasons Growth Investors Will Love Griffon (GFF)
ZACKS· 2025-03-17 17:45
Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - Griffon (GFF) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates in the garage door and building products sector, making it a notable growth pick [3] Group 2: Earnings Growth - Historical EPS growth rate for Griffon is 37.9%, with projected EPS growth of 10.9% this year, surpassing the industry average of 7.1% [5] Group 3: Cash Flow Growth - Griffon's year-over-year cash flow growth is 0.6%, which is significantly better than the industry average of -7.7% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 25.3%, compared to the industry average of 7.3% [7] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for Griffon have been revised upward, with the Zacks Consensus Estimate increasing by 2.4% over the past month [9] - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] Group 5: Investment Potential - Griffon's combination of a Zacks Rank 1 and a Growth Score of A indicates its potential as an outperformer and a solid choice for growth investors [11]
Why Griffon (GFF) is a Top Growth Stock for the Long-Term
ZACKS· 2025-03-14 14:45
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Nevada Sunrise to Leverage VRIFY's AI-Assisted Mineral Discovery Platform at the Past-Producing Griffon Gold Mine Project, Nevada
Newsfile· 2025-03-13 11:30
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2025) - Nevada Sunrise Metals Corporation (TSXV: NEV) (OTC Pink: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce that it has signed an agreement with VRIFY Technology Inc. ("VRIFY"), a Vancouver-based leader in artificial intelligence ("AI") and predictive modeling in mineral exploration, to refine and validate exploration plans and targets at the Griffon Gold Mine Project ("Griffon", or the "Project") in Nevada, USA. DORA, VRIFY's ...
Here's Why You Should Consider Investing in Griffon Stock Now
ZACKS· 2025-03-07 17:20
Core Viewpoint - Griffon Corporation (GFF) is well-positioned to capitalize on the strength in the Home and Building Products (HBP) sector and accretive acquisitions, with a strong commitment to rewarding shareholders [1][4]. Company Overview - Griffon is a diversified holding company based in New York, engaged in manufacturing and selling a variety of consumer and professional home and building products, including garage doors and materials for disposable health care products [2]. - Over the past six months, GFF shares have increased by 12.1%, significantly outperforming the industry growth of 0.7% [2]. Business Strength - Increased demand for residential products, driven by a recovery in the U.S. residential construction market, is benefiting GFF's HBP segment. This recovery is supported by lower interest rates and builder incentives [5]. - The commercial construction market is also recovering, which is expected to positively impact GFF's HBP segment [5]. Expansion Initiatives - In July 2024, GFF acquired Pope, an Australia-based company providing residential watering products, through its subsidiary AMES. This acquisition is expected to generate annual revenues of approximately $25 million and enhance earnings in the first full year [6]. - The company is actively expanding its product portfolio and leveraging business opportunities through strategic acquisitions [6]. Investments - GFF has been investing in productivity, innovation, and capacity expansion. In 2023, it expanded Clopay's Troy manufacturing facility to improve efficiencies and introduce new product lines [7]. - The company also expanded its sectional door manufacturing capacity in Ohio to meet rising demand for premium products, indicating a significant investment in modernization [7]. - Additional investments in capacity expansion and technology are planned for 2025 [7]. Rewards to Shareholders - GFF is committed to returning value to shareholders through share repurchases and dividends. In Q1 of fiscal 2025, the company paid dividends totaling $9 million and repurchased shares worth $42.3 million [8]. - In November 2024, GFF announced a new share repurchase authorization of $400 million and increased its quarterly dividend by 20% [8].
3 Reasons Why Growth Investors Shouldn't Overlook Griffon (GFF)
ZACKS· 2025-02-27 18:45
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging [1] Group 1: Company Overview - Griffon (GFF) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates in the garage door and building products sector [3] Group 2: Earnings Growth - Historical EPS growth rate for Griffon is 37.9%, with projected EPS growth of 8.3% this year, surpassing the industry average of 7.1% [5] Group 3: Cash Flow Growth - Griffon's year-over-year cash flow growth is 0.6%, which is significantly better than the industry average of -7.7% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 25.3%, compared to the industry average of 7.4% [7] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for Griffon have been revised upward, with the Zacks Consensus Estimate increasing by 0.6% over the past month [9] Group 5: Investment Potential - Griffon has achieved a Growth Score of A and a Zacks Rank of 2, indicating it is a solid choice for growth investors [11]
Nevada Sunrise Announces Agreement to Purchase a 100% Interest in the Past-Producing Griffon Gold Mine Project, Nevada
Newsfile· 2025-02-20 15:22
Nevada Sunrise Announces Agreement to Purchase a 100% Interest in the Past-Producing Griffon Gold Mine Project, NevadaFebruary 20, 2025 10:22 AM EST | Source: Nevada Sunrise Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Nevada Sunrise Metals Corporation (TSXV: NEV) (OTC Pink: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce that it has signed a mining lease purchase agreement (the "Agreement") with an arm's-length vendor for the Griffon Gold M ...
Wall Street Analysts Believe Griffon (GFF) Could Rally 27.16%: Here's is How to Trade
ZACKS· 2025-02-11 15:56
Core Viewpoint - Griffon (GFF) shares have increased by 8.9% in the past four weeks, closing at $78.64, with a mean price target of $100 indicating a potential upside of 27.2% [1] Price Targets - The average price target consists of three estimates ranging from a low of $95 to a high of $105, with a standard deviation of $5, suggesting a potential increase of 20.8% to 33.5% from the current price [2][4] - A low standard deviation indicates a high degree of agreement among analysts regarding the stock's price movement [7] Analyst Sentiment - Analysts have shown increasing optimism about GFF's earnings prospects, as evidenced by a trend of higher EPS estimate revisions, which correlates with potential stock price increases [9] - The Zacks Consensus Estimate for the current year has risen by 0.6% over the past month, with no negative revisions [10] Zacks Rank - GFF holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [11] Conclusion on Price Targets - While consensus price targets may not reliably predict the extent of GFF's gains, they can provide a directional guide for potential price movements [12]