Griffon (GFF) closed the last trading session at $74.49, gaining 4.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $98.75 indicates a 32.6% upside potential.The average comprises four short-term price targets ranging from a low of $95 to a high of $105, with a standard deviation of $4.79. While the lowest estimate indicates an increase of 27.5% from the current price level, the ...

Company Performance - Griffon (GFF) closed at $70.80, reflecting a -0.99% change from the previous day, underperforming the S&P 500's gain of 0.08% [1] - Over the last month, Griffon's shares decreased by 4.65%, compared to a loss of 0.72% in the Conglomerates sector and a 7.33% loss in the S&P 500 [1] Earnings Estimates - The upcoming earnings release for Griffon is expected to show an EPS of $1.17, indicating a 13.33% decline year-over-year [2] - Revenue is projected to be $614 million, reflecting an 8.75% decrease compared to the same quarter last year [2] - For the entire fiscal year, earnings are estimated at $5.68 per share, a 10.94% increase from the previous year, while revenue is expected to be $2.59 billion, showing a -1.2% change [3] Analyst Estimates and Rankings - Recent modifications to analyst estimates for Griffon are crucial as they indicate changing near-term business trends, with positive revisions seen as a favorable sign for the company's outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Griffon as 2 (Buy), with a Forward P/E ratio of 12.59, indicating a discount compared to the industry average of 16.06 [6] Industry Context - Griffon operates within the Diversified Operations industry, which is part of the Conglomerates sector, currently holding a Zacks Industry Rank of 40, placing it in the top 16% of over 250 industries [7] - The top 50% rated industries, as per Zacks Industry Rank, tend to outperform the bottom half by a factor of 2 to 1 [7]

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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, ...

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 ...

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]

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Core Viewpoint - Nevada Sunrise Metals Corporation has signed an agreement with VRIFY Technology Inc. to enhance exploration plans and targets at the Griffon Gold Mine Project in Nevada, utilizing AI and predictive modeling technology [1][4]. Company Overview - Nevada Sunrise is a junior mineral exploration company based in Vancouver, Canada, focusing on lithium, gold, and copper projects in Nevada [16]. - The company holds a 100% interest in the Griffon Gold Mine Project, which is located approximately 50 kilometers southwest of Ely, Nevada [16]. Technology and Collaboration - VRIFY's DORA platform is the first AI-Assisted Mineral Discovery Platform that allows geologists to perform real-time predictive modeling [2]. - The platform generates a VRIFY Prospectivity Score (VPS) to identify areas of potential mineralization, enhancing prediction accuracy [2][3]. - VRIFY's team will assist Nevada Sunrise in compiling and cleaning decades of historical exploration data to create a comprehensive dataset for the Griffon project [3]. Project Details - The Griffon Gold Mine Project consists of 89 unpatented mineral claims totaling approximately 1,780 acres and is situated within the Battle Mountain-Eureka gold trend [7]. - Historical production at Griffon reported 62,661 ounces of oxide gold from 1998 to 1999 [8]. - The project is expected to benefit from VRIFY's technology, potentially leading to new gold discoveries [8]. Industry Context - The Battle Mountain-Eureka trend hosts several significant gold mines and deposits, indicating a fertile area for exploration [9]. - VRIFY collaborates with nearly 200 companies across 70 countries, establishing itself as a leader in mineral exploration technology [6].

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].

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]