Profile
Sector:
IndustrialsIndustry:
ConglomeratesCountry:
United StatesIPO:
03 May 1973Website:
http://www.griffon.comNext earnings report:
02 August 2024Last dividends:
29 May 2024Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 22:05:45 GMTAnalysts recommendations
Institutional Ownership
GFF Latest News
Griffon (GFF) closed the most recent trading day at $66.83, moving +0.66% from the previous trading session.
Griffon (GFF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Griffon Corporation is expected to see a continued decrease in revenue in the short term due to reduced demand in the CPP segment, but this should be mostly offset by growth in residential door volume. The company's products are still in high demand in the long term because of housing trends, and its stock is priced attractively compared to others in the same sector, making it a good investment at its current price.
Griffon Corporation has reorganized its operations to enhance profitability and minimize susceptibility to market fluctuations. Key performance indicators are showing positive trends, setting the stage for consistent generation of free cash flow. By prioritizing efficiency and margin enhancements, as well as increasing guidance, the company is positioned to outperform in the market.
Investors frequently consider the advice of Wall Street analysts when making decisions about buying, selling, or holding stocks. Changes in ratings from these analysts, who work for brokerage firms, can impact stock prices based on media reports.
The average price target suggests a potential 25.6% increase for Griffon (GFF). Although studies show this metric may not always be accurate, an increase in earnings estimates could indicate a potential rise in the stock in the near future.
Griffon (GFF) stocks have begun to rise and could potentially keep increasing in the short term, supported by strong revisions to earnings forecasts.
Is Griffon (GFF) a strong contender for momentum investors looking for top stock picks? Let's investigate.
Investors frequently look to Wall Street analysts' recommendations when making decisions about buying, selling, or holding a stock. Changes in ratings from these analysts, who work for brokerage firms, can impact a stock's price based on media reports.
Griffon (GFF) closed at $67.81 on the most recent trading day, marking a decrease of -1.84% from the day before.
What type of business is Griffon?
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools, as well as cleaning products for professional, home, and industrial use. The company's Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses. It sells its products under the True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+, and SpaceCreations brand names. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1959 and is headquartered in New York, New York.
What sector is Griffon in?
Griffon is in the Industrials sector
What industry is Griffon in?
Griffon is in the Conglomerates industry
What country is Griffon from?
Griffon is headquartered in United States
When did Griffon go public?
Griffon initial public offering (IPO) was on 03 May 1973
What is Griffon website?
https://www.griffon.com
Is Griffon in the S&P 500?
No, Griffon is not included in the S&P 500 index
Is Griffon in the NASDAQ 100?
No, Griffon is not included in the NASDAQ 100 index
Is Griffon in the Dow Jones?
No, Griffon is not included in the Dow Jones index
When does Griffon report earnings?
The next expected earnings date for Griffon is 02 August 2024