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 $39.11, down 2.3% from the previous day, and has increased 36.6% in one year. It has overperformed other stocks in the Conglomerates industry by 0.29 percentage points. Griffon stock is currently +50.6% from its 52-week low of $25.97, and -10.91% from its 52-week high of $43.90.
There are currently 54.6M shares of GFF outstanding. The market capitalization of GFF is $2.14B. In the past 24 hours, 414,470 GFF shares were traded.
How to Buy Griffon Stock
Not sure how to invest in Griffon stock? Here's how.
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.
Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Deposit funds into your investment account: Choose your method of payment and add your information.
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).
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.
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.
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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.
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
$39.11
1w %
0.18%
1y %
36.6%
5y %
137.03%
P/E
-5.3x
P/B
6.36x
P/S
0.74x
PEG
N/A
Revenue
$2.75B
Earnings
-$381.18M
Fore. Rev. Growth
5.62%
Fore. Earn. Growth
N/A
Market Cap
$2.14B
Next Earnings
Nov 15, 2023
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 overvalued based on its P/B ratio of 6.36x, relative to Conglomerates industry P/B ratio of 4.33x
You can access additional valuation analysis on GFF's stock here.
A look at GFF Cashflows and Balance Sheet
Signs that GFF is financially healthy:
There are more short-term assets than short-term liabilities on the GFF balance sheet.
GFF's operating cash flow of $413.75M allows it to safely service it's debt of $1.73B.
Signs that GFF is not financially healthy:
GFF earnings of -$300.37M is not enough to cover its interest payments.
GFF has a relatively high debt to equity ratio of 6.66.
Total GFF debt is higher than 5 years ago, relative to shareholder equity.
There are more long-term liabilities than short-term assets on the GFF balance sheet.
GFF profit margin has gone down from 8.9% to -13.8% in the past year.
Is it a good time to buy GFF stock, according to analysts?
Out of 1 Wall Street analysts who give recommendations on GFF, the consensus analyst rating on Griffon is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent GFF Analyst Ratings
Trey Grooms, a top 4% analyst from Stephens & Co. maintains GFF with a strong buy rating and lowers their GFF price target from $52.00 to $37.00, on May 8, 2023.
Last year, GFF revenue was $2.75B. Over the past five year, GFF's revenue has gone up by 8.12% per year. This was faster than the Conglomerates industry average of -0.99%.
Griffon pays a dividend of 6.26%, compared to the Conglomerates industry's average dividend yield of 33.69%. If you owned $1,000 of GFF stock, you would have received $62.64 in the past 12 months.
Griffon dividend payments have consistently grown over the past decade but have not remained stable.
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Step 5: Place your GFF purchase
You have two main options:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are mostly the easiest way to buy.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open button and your broker will place the order.
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As of Sep 26, 2023, it costs $39.11 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 0.256 shares of GFF.
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.