Griffon Stock Today

GFF Stock  USD 71.40  1.29  1.84%   

Performance

22 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Griffon is trading at 71.40 as of the 5th of March 2024. This is a 1.84 percent up since the beginning of the trading day. The stock's lowest day price was 70.94. Griffon has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Griffon are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2022 and ending today, the 5th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
3rd of May 1973
Category
Industrials
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Griffon Corporation was founded in 1959 and is headquartered in New York, New York. The company has 49.45 M outstanding shares of which 2.17 M shares are currently shorted by investors with about 5.05 days to cover. More on Griffon

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Griffon Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Griffon's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Griffon or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORobert Mehmel
Thematic Ideas
Showing 3 out of 4 themes
SEC FilingsGriffon Security & Exchange Commission EDGAR Reports
Business ConcentrationBuilding Products, Capital Goods, Industrials, NYSE Composite, SP Small-Cap 600, Farming, Plastics, Heavy Metals, Construction Materials, Industrials, Building Products, Conglomerates, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Griffon report their recommendations after researching Griffon's financial statements, talking to executives and customers, or listening in on Griffon's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Griffon. The Griffon consensus assessment is calculated by taking the average forecast from all of the analysts covering Griffon.
Griffon's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Griffon's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Griffon's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Griffon's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Griffon's financial leverage. It provides some insight into what part of Griffon's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Griffon's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Griffon deploys its capital and how much of that capital is borrowed.
Liquidity
Griffon cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.65 B in debt with debt to equity (D/E) ratio of 1.97, which is OK given its current industry classification. Griffon has a current ratio of 2.21, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Griffon until it has trouble settling it off, either with new capital or with free cash flow. So, Griffon's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Griffon sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Griffon to invest in growth at high rates of return. When we think about Griffon's use of debt, we should always consider it together with cash and equity.

Change In Cash

(14.79 Million)
Griffon (GFF) is traded on New York Stock Exchange in USA. It is located in 712 Fifth Avenue, New York, NY, United States, 10019 and employs 5,700 people. Griffon is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Griffon's market, we take the total number of its shares issued and multiply it by Griffon's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Griffon runs under Building Products sector within Industrials industry. The entity has 49.45 M outstanding shares of which 2.17 M shares are currently shorted by investors with about 5.05 days to cover. Griffon has about 120.18 M in cash with 428.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.81.
Check Griffon Probability Of Bankruptcy
Ownership Allocation
Griffon secures a total of 49.45 Million outstanding shares. The majority of Griffon outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Griffon to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Griffon. Please pay attention to any change in the institutional holdings of Griffon as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Griffon Ownership Details

Griffon Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Griffon jumping above the current price in 90 days from now is under 4%. The Griffon probability density function shows the probability of Griffon stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Griffon has a beta of -0.061. This usually indicates as returns on benchmark increase, returns on holding Griffon are expected to decrease at a much lower rate. During the bear market, however, Griffon is likely to outperform the market. Additionally, the company has an alpha of 0.646, implying that it can generate a 0.65 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 71.4HorizonTargetOdds Above 71.4
96.40%90 days
 71.40 
3.57%
Based on a normal probability distribution, the odds of Griffon to move above the current price in 90 days from now is under 4 (This Griffon probability density function shows the probability of Griffon Stock to fall within a particular range of prices over 90 days) .

Griffon Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Griffon that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Griffon's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Griffon's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-09-30
586 K
Renaissance Technologies Corp2023-12-31
572 K
Point72 Asset Management, L.p.2023-09-30
555.9 K
Charles Schwab Investment Management Inc2023-09-30
520.6 K
Gabelli Funds Llc2023-12-31
509.5 K
Bank Of New York Mellon Corp2023-09-30
504.9 K
Northern Trust Corp2023-09-30
475.2 K
Raymond James & Associates2023-09-30
431.8 K
Two Sigma Advisers, Llc2023-12-31
362.1 K
Blackrock Inc2023-12-31
6.4 M
Vanguard Group Inc2023-09-30
M
View Griffon Diagnostics

Griffon Historical Income Statement

Griffon Income Statement is one of the three primary financial statements used for reporting Griffon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Griffon revenue and expense. Griffon Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Griffon's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Griffon's current Operating Income is estimated to increase to about 237.7 M, while Interest Expense is projected to decrease to roughly 110.8 M. View More Fundamentals

Griffon Stock Against Markets

Picking the right benchmark for Griffon stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Griffon stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Griffon is critical whether you are bullish or bearish towards Griffon at a given time. Please also check how Griffon's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Griffon without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Griffon Corporate Directors

Griffon corporate directors refer to members of a Griffon board of directors. The board of directors generally takes responsibility for the Griffon's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Griffon's board members must vote for the resolution. The Griffon board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bradley GrossIndependent DirectorProfile
Louis GrabowskyIndependent DirectorProfile
Samanta StewartIndependent DirectorProfile
Robert HarrisonIndependent DirectorProfile

How to buy Griffon Stock?

Before investing in Griffon, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Griffon. To buy Griffon stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Griffon. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Griffon stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Griffon stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Griffon stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Griffon, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Griffon Stock please use our How to Invest in Griffon guide.

Already Invested in Griffon?

The danger of trading Griffon is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Griffon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Griffon. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Griffon is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Griffon is a strong investment it is important to analyze Griffon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Griffon's future performance. For an informed investment choice regarding Griffon Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
Note that the Griffon information on this page should be used as a complementary analysis to other Griffon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Griffon Stock analysis

When running Griffon's price analysis, check to measure Griffon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Griffon is operating at the current time. Most of Griffon's value examination focuses on studying past and present price action to predict the probability of Griffon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Griffon's price. Additionally, you may evaluate how the addition of Griffon to your portfolios can decrease your overall portfolio volatility.
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Is Griffon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Griffon. If investors know Griffon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Griffon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.5
Earnings Share
1.33
Revenue Per Share
52.362
Quarterly Revenue Growth
(0.01)
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Griffon's market value can be influenced by many factors that don't directly affect Griffon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.