Alert: Rating Downgrade (11/22/24)-Griffon Corp. (NYSE: GFF).

Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Griffon Corp. (NYSE: GFF) weakened in recent days. GFF’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.

Recent Price Action

Griffon Corp. (NYSE: GFF) stock enjoyed a large increase of 2.1% on 11/22/24. The stock closed at $82.96. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 7.2% during the last week.

Current PriceTarget Research Rating

Griffon has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Griffon has a neutral Power Rating of 43 and a neutral Appreciation Score of 43, triggering the Negative Value Trend Rating.