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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 $72.75, down 0.34% from the previous day, and has increased 134.9% in one year. It has overperformed other stocks in the Conglomerates industry by 1.49 percentage points. Griffon stock is currently +180.13% from its 52-week low of $25.97, and -2.11% from its 52-week high of $74.32.

There are currently 50.95M shares of GFF outstanding. The market capitalization of GFF is $3.71B. In the past 24 hours, 310,385 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.

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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
$72.75
1w %
0.86%
1y %
134.9%
5y %
291.76%
P/E
50.52x
P/B
13x
P/S
1.32x
PEG
0.72x
Revenue
$2.68B
Earnings
$71.09M
Fore. Rev. Growth
0.97%
Fore. Earn. Growth
77.76%
Market Cap
$3.71B
Next Earnings
May 1, 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 overvalued based on its P/E ratio of 50.52x, relative to Conglomerates industry P/E ratio of 14.97x
  • GFF could be overvalued based on its P/B ratio of 13x, relative to Conglomerates industry P/B ratio of 5.25x
  • GFF could be undervalued based on its PEG ratio of 0.72x

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 -5.6% to 2.7% in the past year.
  • GFF's operating cash flow of $501.30M allows it to safely service it's debt of $1.63B.
  • 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 7.4.
  • GFF earnings of $206.90M 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 2 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
71.75
SMA20
70.64
SMA50
66.47
SMA100
59.11
SMA200
49.7
MACD
1.72
MACD Signal
1.68
MACD Histogram
0.04
RSI
63.27
Stochastic %K
82.11
Stochastic %D
80.99
StochRSI %K
67.28
StochRSI %D
68.9

Is GFF Growing Revenue?

Last year, GFF earnings were $71.09M. Over the past five year, GFF's earnings have gone up by -10.52% per year. This was slower than the Conglomerates industry average of 2.09%.

Last year, GFF revenue was $2.68B. During the last 5 year, GFF's revenue has increased by 5.49% per year. This was faster than the Conglomerates industry average of -0.79%.

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.

Jerome L. Coben, Director of GFF, was the latest GFF insider to sell. They sold $138,880.00 worth of GFF stock on Feb 26, 2024.

Learn more about who owns GFF stock here.

Does GFF stock generate passive income?

Griffon pays a dividend of 3.51%, compared to the Conglomerates industry's average dividend yield of 2.96%. If you owned $1,000 of GFF stock, you would have been paid $35.05 in the past year.

Griffon dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more analysis about Griffon dividend yield and history here.

Get opinions from other traders

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your GFF purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount, place a limit order.

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

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Step 6: Keep tabs on your GFF investment

Now that you own some shares in GFF, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to get the latest updates about your GFF stock.

GFF Feed

How to Buy Stock in Griffon

To summarize, here are the 6 steps to buy stock in Griffon:

  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 are looking for a online brokerage, eToro is our favorite 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 get the latest news on your investment in Griffon, hit the button below to create your watchlist.

NYSE: GFF
$72.75-0.25 (-0.34%)
Updated Mar 27, 2024
Open eToro Account
NYSE: GFF
$72.75-0.25 (-0.34%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Griffon share?

As of Mar 27, 2024, it costs $72.75 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 0.137 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 2 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.