Griffon(GFF)

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Griffon Corporation (GFF) Is a Trending Stock: Facts to Know Before Betting on It
zacks.com· 2024-05-23 14:02
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 ...
Griffon: Well Positioned For Future Growth
seekingalpha.com· 2024-05-19 18:11
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 ...
Griffon's Global Sourcing Strategy Is Improving Potential Returns
seekingalpha.com· 2024-05-18 09:43
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 ...
Is Griffon (GFF) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research· 2024-05-15 14:32
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 ...
Does Griffon (GFF) Have the Potential to Rally 25.56% as Wall Street Analysts Expect?
Zacks Investment Research· 2024-05-14 14:56
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 ...
Can Griffon (GFF) Run Higher on Rising Earnings Estimates?
Zacks Investment Research· 2024-05-13 17:20
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 ...
Here's Why Griffon (GFF) is a Great Momentum Stock to Buy
Zacks Investment Research· 2024-05-13 17:01
You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Let's discuss some of the components of the Momentum Style Score for GFF that show why this garage door and building products maker shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show in ...
Recent Price Trend in Griffon (GFF) is Your Friend, Here's Why
Zacks Investment Research· 2024-05-09 13:51
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
Griffon(GFF) - 2024 Q2 - Quarterly Report
2024-05-08 21:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-06620 GRIFFON CORPORATION (Exact name of registrant as specified in its charter) | Title of each class | Trading Symbol(s) | Name of each exchang ...
Griffon(GFF) - 2024 Q2 - Earnings Call Transcript
2024-05-08 15:48
Griffon Corporation (NYSE:GFF) Q2 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Brian Harris - Chief Financial Officer Ron Kramer - Chairman & Chief Executive Officer Conference Call Participants Tim Wojs - Baird Trey Grooms - Stephens Bob Labick - CJS Securities Sam Darkatsh - Raymond James Julio Romero - Sidoti & Company Justin Bergner - Gabelli Funds Operator Good day, and welcome to the Griffon Corporation Fiscal Second Quarter 2024 Earnings Conference Call. All participants ...