Griffon Corporation (GFF) closed at $76.08, reflecting a decrease of 1.21% on the latest trading day. This decline outpaced the S&P 500, which fell by 0.29%. Over the past month, GFF shares dropped 0.38%, outperforming the Conglomerates sector that experienced a 4.1% loss, but lagging behind the S&P 500’s 3.08% gain.
The company is set to report earnings soon, with projections estimating an EPS of $1.56, marking a 6.12% increase year-over-year. Revenue is expected to reach $629.69 million, down 4.55% from the prior year. For the full year, Zacks Consensus Estimates predict earnings of $5.65 per share, up 10.35%, while revenue is anticipated to decline by 5.18% to $2.49 billion.
Griffon currently holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 13.62, lower than the industry average of 19.71. The company’s PEG ratio stands at 1.17, indicating a below-average valuation relative to its expected growth. The Diversified Operations industry is currently rated 157 out of over 250 industries by Zacks.
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