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How to Buy Griffon Stock

Griffon Corp

Griffon is a conglomerate company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker GFF on the NYSE exchange.

Griffon stock last closed at $66.74, up 1.47% from the previous day, and has increased 60.74% in one year. It has overperformed other stocks in the Conglomerates industry by 0.74 percentage points. Griffon stock is currently +74.12% from its 52-week low of $38.33, and -14.42% from its 52-week high of $77.99.

There are currently 49.55M shares of GFF outstanding. The market capitalization of GFF is $3.31B. In the past 24 hours, 317,608 GFF shares were traded.

How to Buy Griffon Stock

Not sure how to invest in Griffon stock? Here's how.
  1. Choose where to buy Griffon stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Griffon stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Evaluate Griffon stock: The Griffon ticker symbol is GFF. Is Griffon stock a good investment? Should you buy shares of GFF? How do GFF's underlying business fundamentals look? Do top analysts think Griffon is a good buy? Why has GFF's stock price moved recently? (Hint: Our stock market research website can help you understand if GFF is a good stock to buy).
  5. Place your GFF purchase: Decide if you will purchase GFF shares at the current market price or use a limit order to purchase GFF shares at a specific price.
  6. Keep tabs on your GFF investment: Create a watchlist to monitor your investment in Griffon stock.

Step 1: Choose where to buy Griffon stock

You will need an online brokerage account in order to access the NYSE market and buy GFF stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our research, eToro is the best online stock brokerage. eToro gives you:

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  • Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to invest in GFF stock today.

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  2. Input your personal data to create a new brokerage account.
  1. Send your data by clicking the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have filled out your info on one of the best stock market apps, you need to deposit funds:

Check out this video walkthrough if you need help depositing funds into your new investment account.

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Step 4: Evaluate Griffon stock

Once you have decided on the best place to buy Griffon stock, it's very important to research their stock before you buy, so you truly wrap your head around the risk and upside.

Overview of key GFF info

GFF Price
$66.74
1w %
6.87%
1y %
60.74%
5y %
313.76%
P/E
16.9x
P/B
16.36x
P/S
1.21x
PEG
0.82x
Revenue
$2.64B
Earnings
$197.49M
Fore. Rev. Growth
2.12%
Fore. Earn. Growth
22.84%
Market Cap
$3.31B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

Griffon Due Diligence Checks

WallStreetZen was created to help everyday investors do better fundamental analysis.

You can view all of the due diligence checks on GFF's stock page.

Is GFF stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge GFF's intrinsic value.

Using relative valuations measures:

  • GFF could be undervalued based on its P/E ratio of 16.9x, relative to Conglomerates industry P/E ratio of 17.08x
  • GFF could be overvalued based on its P/B ratio of 16.36x, relative to Conglomerates industry P/B ratio of 5.38x
  • GFF could be undervalued based on its PEG ratio of 0.82x

You can access more valuation research on GFF's stock here.

Is GFF a healthy company?

Signs that GFF is financially healthy:

  • GFF profit margin has gone up from -10.2% to 7.5% in the past year.
  • GFF's operating cash flow of $455.59M allows it to safely service it's debt of $1.76B.
  • There are more short-term assets than short-term liabilities on the GFF balance sheet.

Signs that GFF is not financially healthy:

  • Total GFF debt is higher than 5 years ago, relative to shareholder equity.
  • GFF has a relatively high debt to equity ratio of 10.99.
  • GFF earnings of $386.90M is not enough to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the GFF balance sheet.

Is Griffon stock a Buy, Hold, or Sell, according to analysts?

Out of 3 Equities analysts who research GFF, the consensus analyst rating on GFF is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Griffon stock forecast page.

Metrics for Advanced GFF Traders

SMA10
63.86
SMA20
64.44
SMA50
66.52
SMA100
68.04
SMA200
59.46
MACD
-0.55
MACD Signal
-0.88
MACD Histogram
0.33
RSI
55.87
Stochastic %K
69.1
Stochastic %D
43.87
StochRSI %K
89.31
StochRSI %D
58.99

Is GFF Growing Revenue?

Last year, GFF earnings were $197.49M. Over the past five year, GFF's earnings have gone up by 67.45% per year. This was faster than the Conglomerates industry average of 1.48%.

Last year, GFF revenue was $2.64B. During the last 5 year, GFF's revenue has increased by 4.47% per year. This was faster than the Conglomerates industry average of -0.3%.

Learn more about GFF's earnings and revenue performance here.

Who is buying/selling GFF?

Over the last 12 months, insiders at GFF have sold more shares than they have bought.

W. Christopher Durborow, Vice President CAO of GFF, was the latest GFF insider to sell. They sold $869,440.00 worth of GFF stock on Jun 12, 2024.

Learn more about who owns GFF stock here.

Does GFF stock generate passive income?

No, Griffon doesn't provide an income stream by paying out dividends.

Get opinions from other traders

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your GFF purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you want more info about buying stocks on eToro, watch the helpful video below:

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Step 6: Keep tabs on your GFF investment

Now that you own some shares in GFF, you'll want to keep up with your investment.

Create a watchlist to keep tabs on your GFF stock.

GFF Feed

How to Buy Stock in Griffon

To reiterate, here are the 6 steps you need to take to buy Griffon stock right now:

  1. Choose where to buy Griffon stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Griffon stock
  5. Place your GFF purchase
  6. Keep tabs on your GFF investment

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Griffon, click the button below.

NYSE: GFF
$66.74+0.97 (+1.47%)
Updated Jul 12, 2024
Open eToro Account
NYSE: GFF
$66.74+0.97 (+1.47%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Griffon share?

As of Jul 12, 2024, it costs $66.74 to buy one share of Griffon stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.15 shares of GFF.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Griffon stock?

According to 3 Wall Street analysts who monitor Griffon, their consensus recommendation is to buy Griffon stock.

What is the best way to buy Griffon stock?

One way to place an order for Griffon stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.