Closing Strong: Griffon Corp. (GFF) Ends at 63.86, Down -0.81 from Last Close

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $64.38 in the prior trading day, Griffon Corp. (NYSE: GFF) closed at $63.86, down -0.81%. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 0.47 million shares were traded. GFF stock price reached its highest trading level at $64.95 during the session, while it also had its lowest trading level at $63.19.

Ratios:

Our goal is to gain a better understanding of GFF by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 7.51 whereas as Long-Term Debt/Eq ratio is at 7.33.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on October 27, 2023, initiated with a Buy rating and assigned the stock a target price of $65.

On May 02, 2022, Raymond James Upgraded its rating to Strong Buy which previously was Outperform and also upped its target price recommendation from $33 to $40.

On November 11, 2020, Stephens started tracking the stock assigning a Overweight rating and target price of $30.Stephens initiated its Overweight rating on November 11, 2020, with a $30 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 16 ’24 when MEHMEL ROBERT F sold 912 shares for $70.06 per share. The transaction valued at 63,895 led to the insider holds 746,611 shares of the business.

KRAMER RONALD J sold 6,532 shares of GFF for $457,632 on Oct 16 ’24. The Chairman of the Board and CEO now owns 2,169,667 shares after completing the transaction at $70.06 per share. On Oct 02 ’24, another insider, KRAMER RONALD J, who serves as the Chairman of the Board and CEO of the company, sold 300 shares for $70.07 each. As a result, the insider received 21,021 and left with 2,176,199 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GFF now has a Market Capitalization of 3145947904 and an Enterprise Value of 4684251648. As of this moment, Griffon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.10, and their Forward P/E ratio for the next fiscal year is 11.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 14.10. Its current Enterprise Value per Revenue stands at 1.798 whereas that against EBITDA is 9.83.

Stock Price History:

Over the past 52 weeks, GFF has reached a high of $77.99, while it has fallen to a 52-week low of $38.39. The 50-Day Moving Average of the stock is -3.93%, while the 200-Day Moving Average is calculated to be -4.35%.

Shares Statistics:

The stock has traded on average 434.06K shares per day over the past 3-months and 342260 shares per day over the last 10 days, according to various share statistics. A total of 53.06M shares are outstanding, with a floating share count of 41.00M. Insiders hold about 16.77% of the company’s shares, while institutions hold 75.16% stake in the company. Shares short for GFF as of 1727654400 were 1702203 with a Short Ratio of 3.92, compared to 1724976000 on 1636796. Therefore, it implies a Short% of Shares Outstanding of 1702203 and a Short% of Float of 5.9299998.

Dividends & Splits

In the trailing 12 months, GFF’s forward annual dividend rate was 0.575, compared to 0.60 this year. Against a Trailing Annual Dividend Yield of 0.008931345The stock’s 5-year Average Dividend Yield is 1.24.

Most Popular