Griffon Corp (NYSE: GFF)’s stock price has soared by 1.11 in relation to previous closing price of 75.78. Nevertheless, the company has seen a gain of 8.28% in its stock price over the last five trading days. zacks.com reported 2025-01-10 that Griffon (GFF) reachead $70.76 at the closing of the latest trading day, reflecting a -1.94% change compared to its last close.
Is It Worth Investing in Griffon Corp (NYSE: GFF) Right Now?
Griffon Corp (NYSE: GFF) has a higher price-to-earnings ratio of 18.09x compared to its average ratio. GFF has 36-month beta value of 1.43. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GFF is 40.03M, and currently, short sellers hold a 6.14% ratio of that float. The average trading volume of GFF on January 20, 2025 was 435.96K shares.
GFF’s Market Performance
GFF stock saw a decrease of 8.28% in the past week, with a monthly decline of -2.42% and a quarterly a decrease of 11.14%. The volatility ratio for the week is 2.29%, and the volatility levels for the last 30 days are 2.85% for Griffon Corp (GFF). The simple moving average for the past 20 days is 5.28% for GFF’s stock, with a 10.95% simple moving average for the past 200 days.
Analysts’ Opinion of GFF
Many brokerage firms have already submitted their reports for GFF stocks, with Deutsche Bank repeating the rating for GFF by listing it as a “Buy.” The predicted price for GFF in the upcoming period, according to Deutsche Bank is $65 based on the research report published on October 27, 2023 of the previous year 2023.
Raymond James, on the other hand, stated in their research note that they expect to see GFF reach a price target of $40, previously predicting the price at $33. The rating they have provided for GFF stocks is “Strong Buy” according to the report published on May 02nd, 2022.
Stephens gave a rating of “Overweight” to GFF, setting the target price at $30 in the report published on November 11th of the previous year.
GFF Trading at 1.13% from the 50-Day Moving Average
After a stumble in the market that brought GFF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.66% of loss for the given period.
Volatility was left at 2.85%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares surge +1.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.60% upper at present.
During the last 5 trading sessions, GFF rose by +8.28%, which changed the moving average for the period of 200-days by +8.34% in comparison to the 20-day moving average, which settled at $72.78. In addition, Griffon Corp saw 7.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GFF starting from Durborow W. Christopher, who sale 5,170 shares at the price of $80.38 back on Dec 06 ’24. After this action, Durborow W. Christopher now owns 44,306 shares of Griffon Corp, valued at $415,565 using the latest closing price.
W. Christopher Durborow, the Officer of Griffon Corp, proposed sale 5,170 shares at $80.71 during a trade that took place back on Dec 06 ’24, which means that W. Christopher Durborow is holding shares at $417,271 based on the most recent closing price.
Stock Fundamentals for GFF
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.39 for the gross margin
The net margin for Griffon Corp stands at 0.08. The total capital return value is set at 0.2. Equity return is now at value 77.72, with 8.42 for asset returns.
Based on Griffon Corp (GFF), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 7.59. The interest coverage ratio of the stock is 3.76.
Currently, EBITDA for the company is 461.44 million with net debt to EBITDA at 3.23. When we switch over and look at the enterprise to sales, we see a ratio of 2.0. The receivables turnover for the company is 8.39for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.66.
Conclusion
To put it simply, Griffon Corp (GFF) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.