Griffon Corp. (NYSE: GFF) has reported E.P.S. of $0.83 for its fourth fiscal quarter (ending September 30) versus $-7.97 for the same period a year ago. This result fell short of the consensus estimate of $0.96 by $-0.13. E.P.S. were $1.49 for the latest four quarters through September 30 versus $-5.57 for the same period a year ago.
Recent Price Action
Griffon Corp. (NYSE: GFF) stock closed at $44.34 on 11/15/23 after a very large decline of -6.1%. The stock has risen 3.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GFF is expected to continue to be a major Value Builder.
Griffon has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Griffon has a neutral Appreciation Score of 50 but a very high Power Rating of 97, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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