Image Source: Zacks Investment Research A couple of other top-ranked companies from the same space are discussed below: Estimate for CSL's 2024 earnings has increased 2.2%. Griffon Corporation's (GFF) subsidiary, The AMES Companies, Inc., recently completed the acquisition of Pope from The Toro Company (TTC) . The financial terms of the transaction have been kept under wraps. Griffon's shares inched up 0.3% yesterday to eventually close the trading session at $64.07. Headquartered in Beverley, Adelaide, Pop ...

The most recent trading session ended with Griffon (GFF) standing at $66.83, reflecting a +0.66% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.23% for the day. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq gained 0.34%. The garage door and building products maker's stock has dropped by 4.86% in the past month, falling short of the Conglomerates sector's gain of 4.6% and the S&P 500's gain of 3.96%. Investors might also notice r ...

The price trend for Griffon (GFF) has been bearish lately and the stock has lost 6.2% over the past four weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that mak ...

For a complete timeline of historical events for The AMES Companies, click here. Over the past 250 years, AMES has been embedded in American history, bringing expertise and adding value to many landmark projects and efforts, for example: Griffon conducts its operations through two reportable segments: For more information on Griffon and its operating subsidiaries, please see the Company's website at www.griffon.com. SOURCE The AMES Companies 1775-1783, During the Revolutionary War, patriots dig in with AMES ...

Griffon (GFF) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this garage door and building products maker have returned -2.5% over the past month versus the Zacks S&P 500 composite's +6.1% change. The Zacks Diversified Operations industry, to which Griffon belongs, has gained 9.1% over this period. Now the key question is: Where could the stock be heade ...

JamesBrey/E+ via Getty Images The Thesis The topline decline continues for Griffon Corporation (NYSE: NYSE:GFF) moving into the second half of FY24, however at a moderate rate. I expect this to continue further in the near term due to the ongoing weaker demand in the company's CPP segment primarily in the U.S. and the UK, however, door volume growth followed by increased residential orders should largely offset this impact. Long-term demand prospects remain favorable due to demographic housing trends that s ...

JodiJacobson/E+ via Getty Images Investment Thesis Griffon Corporation (GFF) has restructured its business to be more profitable and less vulnerable to market downturns. The future growth expectations by the market may not match the potential outcome for the company, making an expected expansion of EBITDA margins an opportunity for investors to potentially cash in on a stock that has already delivered incredible returns for shareholders over the past year. The stock has the potential to beat the market and ...

Griffon currently has an average brokerage recommendation (ABR) of 1.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by three brokerage firms. An ABR of 1.00 indicates Strong Buy. Of the three recommendations that derive the current ABR, three are Strong Buy, representing 100% of all recommendations. Brokerage Recommendation Trends for GFF Check price target & stock forecast for Griffon here>>> The recommendations of Wall Stre ...

Shares of Griffon (GFF) have gained 3.9% over the past four weeks to close the last trading session at $69.29, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $87 indicates a potential upside of 25.6%. The average comprises three short-term price targets ranging from a low of $85 to a high of $90, with a standard deviation of $2.65. While the lowest estimate indicates an increas ...

Griffon (GFF) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this garage door and building products maker is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earni ...