In Wednesday’s Wall Street session, Griffon Corp (NYSE:GFF) shares traded at $67.68, up 0.46% from the previous session.
GFF stock price is now -2.36% away from the 50-day moving average and -5.22% away from the 200-day moving average. The market capitalization of the company currently stands at $3.18B.
With the price target of $91, Deutsche Bank recently initiated with Buy rating for Griffon Corp (NYSE: GFF). On February 14, 2025, Loop Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $95, while ‘Deutsche Bank’ rates the stock as ‘Buy’
In other news, Hegedus Samanta, Director sold 1,236 shares of the company’s stock on Feb 07 ’25. The stock was sold for $98,225 at an average price of $79.47. Upon completion of the transaction, the Director now directly owns 23,121 shares in the company, valued at $1.56 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 06 ’25, Director TURNBULL CHERYL L sold 3,000 shares of the business’s stock. A total of $242,400 was realized by selling the stock at an average price of $80.80. This leaves the insider owning 30,730 shares of the company worth $2.08 million. A total of 16.63% of the company’s stock is owned by insiders.
During the past 12 months, Griffon Corp has had a low of $55.01 and a high of $86.73. As of last week, the company has a debt-to-equity ratio of 7.97, a current ratio of 2.78, and a quick ratio of 1.48.
The net profit margin was 9.06% and return on equity was 110.90% for GFF. The company reported revenue of $611.75 million for the quarter, compared to $672.88 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.09 percent.
