GFF Stock Summary and Trading Ideas (Griffon | NYSE:GFF)

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.

Griffon trades on the NYSE stock market under the symbol GFF.

As of January 6, 2025, GFF stock price declined to $72.26 with 272,175 million shares trading.

GFF has a beta of 1.48, meaning it tends to be more sensitive to market movements. GFF has a correlation of 0.23 to the broad based SPY ETF.

GFF has a market cap of $3.46 billion. This is considered a Mid Cap stock.

Last quarter Griffon reported $660 million in Revenue and $1.47 earnings per share. This beat revenue expectation by $18 million and exceeded earnings estimates by $.29.

In the last 3 years, GFF traded as high as $86.73 and as low as $17.56.

The top ETF exchange traded funds that GFF belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

GFF has underperformed the market in the last year with a price return of +25.8% while the SPY ETF gained +28.5%. However, in the short term, GFF had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.0% vs +5.2% return in SPY. But in the last 2 weeks, GFF shares have been beat by the market, returning -0.8% compared to an SPY return of +0.7%.

GFF support price is $71.38 and resistance is $74.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GFF shares will trade within this expected range on the day.