(GFF) Griffon - Ratings and Ratios

Griffon Corporation is a diversified industrial company that operates through two main segments: Home and Building Products, and Consumer and Professional Products. The company provides a wide range of products, including garage doors, rolling steel service doors, fire doors, shutters, and room dividers, as well as long-handled engineered tools, wheelbarrows, snow tools, pruning products, and striking tools. Additionally, Griffon offers home organization products, fans, and cleaning products, catering to various markets, including residential, commercial, and industrial customers.

With a global presence, Griffon Corporation has established itself as a significant player in the consumer and professional products industry, competing with other major manufacturers. The companys product portfolio is designed to meet the needs of various customer segments, from DIY homeowners to professionals in the construction and landscaping industries. Griffons diverse product range and broad distribution network enable it to capitalize on growth opportunities in various markets.

Analyzing the , we can observe that Griffon Corporations stock price is currently at $70.47, with a 20-day SMA of $69.95 and a 50-day SMA of $69.40, indicating a slight upward trend. The 200-day SMA is at $71.01, suggesting that the stock is currently trading below its long-term average. The ATR is 2.00, representing a 2.84% volatility. Considering the , Griffons market capitalization is approximately $3.24 billion, with a P/E ratio of 14.28 and a Return on Equity (RoE) of 103.80%, indicating a relatively high return on shareholders equity.

Based on the and , our forecast suggests that Griffon Corporations stock price may experience a moderate increase in the near term, driven by the companys diversified product portfolio and global presence. The current P/E ratio of 14.28 is relatively reasonable, considering the companys RoE. As the stock price is currently trading below its 200-day SMA, we anticipate a potential rebound. However, the high RoE may attract more investors, potentially driving the stock price higher. Therefore, our forecast predicts a potential price target of $75-$80 in the next 6-12 months, representing a 6-14% increase from the current price.