At the time of writing, Griffon Corp [GFF] stock is trading at $80.91, up 8.88%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GFF shares have gain 5.63% over the last week, with a monthly amount glided 11.03%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Griffon Corp [NYSE: GFF] stock has seen the most recent analyst activity on October 27, 2023, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $65. Previously, Raymond James upgraded its rating to Strong Buy on May 02, 2022, and elevated its price target to $40. On November 11, 2020, Stephens initiated with a Overweight rating and assigned a price target of $30 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $29 on September 17, 2020. Robert W. Baird upgraded its rating to a Outperform but $24 remained the price target by the analyst firm on January 14, 2020. JP Morgan started tracking with a Underweight rating for this stock on October 30, 2018, and assigned it a price target of $11. In a note dated October 02, 2018, Goldman initiated an Neutral rating and provided a target price of $18 on this stock.
For the past year, the stock price of Griffon Corp fluctuated between $55.01 and $86.73. Currently, Wall Street analysts expect the stock to reach $84 within the next 12 months. Griffon Corp [NYSE: GFF] shares were valued at $80.91 at the most recent close of the market. An investor can expect a potential return of 3.82% based on the average GFF price forecast.
Analyzing the GFF fundamentals
According to Griffon Corp [NYSE:GFF], the company’s sales were 2.62B for trailing twelve months, which represents an 2.85% jump. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 1.09 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 77.63 points at the first support level, and at 74.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.21, and for the 2nd resistance point, it is at 87.52.
Ratios To Look Out For
It is important to note that Griffon Corp [NYSE:GFF] has a current ratio of 2.66. Also, the Quick Ratio is 1.44, while the Cash Ratio stands at 0.43. Considering the valuation of this stock, the price to sales ratio is 1.48, the price to book ratio is 17.38 and price to earnings (TTM) ratio is 19.10.
Transactions by insiders
Recent insider trading involved Durborow W. Christopher, Vice President & CAO, that happened on Dec 06 ’24 when 5170.0 shares were sold. Officer, W. Christopher Durborow completed a deal on Dec 06 ’24 to buy 5170.0 shares. Meanwhile, Sr VP, Gen. Counsel and Secy Kaplan Seth L. sold 12666.0 shares on Dec 02 ’24.
