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The Latest Analyst Ratings For Griffon

Author: Benzinga Insights | April 19, 2024 12:02pm

4 analysts have expressed a variety of opinions on Griffon (NYSE:GFF) over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 2 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 1 0 0 0
2M Ago 0 0 0 0 0
3M Ago 2 0 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $81.25, a high estimate of $84.00, and a low estimate of $75.00. This upward trend is evident, with the current average reflecting a 9.8% increase from the previous average price target of $74.00.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Griffon among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Timothy Wojs Baird Raises Outperform $84.00 $82.00
Timothy Wojs Baird Raises Outperform $84.00 $82.00
Sam Darkatsh Raymond James Raises Strong Buy $75.00 $60.00
Joe Ahlersmeyer Deutsche Bank Raises Buy $82.00 $72.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Griffon. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Griffon compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Griffon's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Griffon's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Griffon analyst ratings.

About Griffon

Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products and Home and Building Products. The company generates a majority of its revenue from the Home and Building Products segment.

Breaking Down Griffon's Financial Performance

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Decline in Revenue: Over the 3 months period, Griffon faced challenges, resulting in a decline of approximately -0.96% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Griffon's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 6.56%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Griffon's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 14.05%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Griffon's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.75%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Griffon's debt-to-equity ratio is notably higher than the industry average. With a ratio of 5.7, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: Simplified

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: GFF

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