Experts Recommend Investing in Griffon: Don’t Place Your Bet Without Reading This First!
December 29, 2023
☀️Trending News
Experts are recommending investing in Griffon Corporation ($NYSE:GFF), but don’t place your bet without reading this first! Investing in any company or stock carries risks, and potential investors should consider them before investing in Griffon. Brokers are advising potential investors to look at the company’s financials, research the industry, and consult a financial advisor before investing. Griffon Corporation (GFF) is a leading home products company that manufactures and markets a variety of home improvement and related products through its operating divisions. The company operates in the United States, Europe, and Asia. It sells everything from hand tools and power tools to roofing materials and window treatments.
Griffon is well-positioned in the home products market with strong market presence and a portfolio of leading brands. It is considered one of the most reliable names in the space and has consistently generated strong returns for investors. In fact, Griffon’s stock has outperformed its peers over the last five years. With a history of delivering strong returns, both short-term and long-term, experts suggest investors should consider adding Griffon to their portfolios.
Share Price
The experts are recommending investing in GRIFFON CORPORATION right now! This indicates that the potential for the stock to grow is high, making it an attractive investment opportunity. With such a positive outlook surrounding GRIFFON CORPORATION and their stock prices, now is the time to invest in the company. Invest in GRIFFON CORPORATION and watch your money grow! Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Griffon Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 2.69k | 77.62 | 5.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Griffon Corporation. More…
| Operations | Investing | Financing |
| 428.77 | -45.21 | -400.16 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Griffon Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.42k | 2.1k | 5.82 |
Key Ratios Snapshot
Some of the financial key ratios for Griffon Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.7% | 25.5% | 8.0% |
| FCF Margin | ROE | ROA |
| 13.6% | 41.1% | 5.5% |
Analysis
GoodWhale conducted an analysis of GRIFFON CORPORATION‘s fundamentals and found that the company has a strong presence in dividend and profitability. Our star chart also indicates that GRIFFON CORPORATION is medium in growth, but weak in asset. Despite this, the company has a high health score of 8/10, indicating that it is capable to sustain future operations in times of crisis. Based on our analysis, GRIFFON CORPORATION is classified as ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. As such, brokers and value investors may be interested in investing in this company due to its relatively stable outlook. On the other hand, momentum traders may be attracted by the potential for higher returns. More…
Peers
The company operates through the following segments: Home and Building Products, Telephonics, and garage doors. The Home and Building Products segment manufactures and sells residential and commercial garage doors, residential wood doors, access systems, and related products. The Telephonics segment provides integrated information, electronics, and communication systems for the aerospace and defense industries worldwide. The Garage Door segment designs, manufactures, and sells garage doors and related products. Griffon Corporation was founded in 1959 and is headquartered in New York, New York. The company’s main competitors are 1847 Holdings LLC, Doshisha Co Ltd, and Louisiana-Pacific Corp.
– 1847 Holdings LLC ($OTCPK:EFSH)
Doshisha Co Ltd is a Japanese company with a market cap of 52.07B as of 2022. The company has a Return on Equity of 6.07%. The company is involved in the manufacturing and sale of electrical and electronic products.
– Doshisha Co Ltd ($TSE:7483)
Louisiana-Pacific Corp is a timber company that focuses on the production of engineered wood products. The company has a market cap of 3.82B as of 2022 and a return on equity of 63.05%. The company’s products are used in a variety of applications, including commercial construction, residential construction, and industrial packaging.
Summary
Griffon Corporation is a diversified management and holding company that operates through four primary business segments: Home & Building Products, Plastics & Appliances, Defense & Electronics, and Specialty Distribution. Investing in Griffon Corporation can provide a solid portfolio diversification opportunity, as the company offers a range of products and services. Analysts recommend investing in Griffon Corporation due to its strong financial position, healthy balance sheet, robust dividend yield, and attractive valuations. The company’s top line has shown consistent growth over the past five years due to its global presence.
In addition, Griffon has a solid management team with a strong track record of executing successful initiatives.
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