Griffon Corp (NYSE: GFF) on Friday, soared 6.09% from the previous trading day, before settling in for the closing price of $68.0. Within the past 52 weeks, GFF’s price has moved between $63.92 and $86.73.
Annual sales at Industrials sector company grew by 17.86% over the past five years. The company achieved an average annual earnings per share of 5.63%. With a float of $38.06 million, this company’s outstanding shares have now reached $46.35 million.
Griffon Corp (GFF) Insider Updates
Observing investor behavior towards Building Products & Equipment industry stocks is more important than anything else. The insider ownership of Griffon Corp is 17.25%, while institutional ownership is 77.75%. The most recent insider transaction that took place on Feb 07 ’25, was worth 98,225. In this transaction Director of this company sold 1,236 shares at a rate of $79.47, taking the stock ownership to the 23,121 shares. Before that another transaction happened on Feb 06 ’25, when Company’s Director sold 3,000 for $80.80, making the entire transaction worth $242,400. This insider now owns 30,730 shares in total.
Griffon Corp (GFF) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 1.39 earnings per share (EPS) for the period topping the consensus outlook (set at 1.19) by 0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.87% during the next five years compared to 17.86% growth over the previous five years of trading.
Griffon Corp (NYSE: GFF) Trading Performance Indicators
Griffon Corp (GFF) is currently performing well based on its current performance indicators. A quick ratio of 1.34 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.32. Likewise, its price to free cash flow for the trailing twelve months is 10.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 1.33 in the next quarter and is forecasted to reach 6.77 in one year’s time.
Technical Analysis of Griffon Corp (GFF)
Griffon Corp (NYSE: GFF) saw its 5-day average volume 0.59 million, a positive change from its year-to-date volume of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 59.98%.
During the past 100 days, Griffon Corp’s (GFF) raw stochastic average was set at 38.29%, which indicates a significant decrease from 71.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.52 in the past 14 days, which was higher than the 2.01 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.40, while its 200-day Moving Average is $73.36. Nevertheless, the first resistance level for the watch stands at $73.95 in the near term. At $75.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $78.73. If the price goes on to break the first support level at $69.17, it is likely to go to the next support level at $66.19. Assuming the price breaks the second support level, the third support level stands at $64.39.
Griffon Corp (NYSE: GFF) Key Stats
Market capitalization of the company is 3.34 billion based on 46,231K outstanding shares. Right now, sales total 2,624 M and income totals 209,900 K. The company made 613,630 K in profit during its latest quarter, and -120,140 K in sales during its previous quarter.
