Griffon Corporation

Company Profile

Griffon Corporation had its IPO on 1973-05-03 under the ticker symbol GFF.

The company operates in the Industrials sector and Conglomerates industry. Griffon Corporation has a staff strength of 6,200 employees.

Stock update

Shares of Griffon Corporation opened at $40 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $39.86 - $40.43, and closed at $40.07.

This is a -0.32% slip from the previous day's closing price.

A total volume of 345,174 shares were traded at the close of the day’s session.

In the last one week, shares of Griffon Corporation have slipped by -6.2%.

Griffon Corporation's Key Ratios

Griffon Corporation has a market cap of $2.18 billion, indicating a price to book ratio of 4.169 and a price to sales ratio of 0.6978.

In the last 12-months Griffon Corporation’s revenue was $2.75 billion with a gross profit of $950.25 million and an EBITDA of $464.96 million. The EBITDA ratio measures Griffon Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Griffon Corporation’s operating margin was 14.43% while its return on assets stood at 8.17% with a return of equity of -61.14%.

In Q2, Griffon Corporation’s quarterly earnings growth was a negative -65.4% while revenue growth was a negative 11%.

Griffon Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

2.36

Its diluted EPS in the last 12-months stands at $-7.37 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.36. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Griffon Corporation’s profitability.

Griffon Corporation stock is trading at a EV to sales ratio of 1.2763 and a EV to EBITDA ratio of -29.8381. Its price to sales ratio in the trailing 12-months stood at 0.6978.

Griffon Corporation stock pays annual dividends of $0.415 per share, indicating a yield of 1.24% and a payout ratio of 52.67%.

Balance sheet and cash flow metrics

Total Assets

$2.57 billion

Total Liabilities

$382.30 million

Operating Cash Flow

$-10911000.00

Capital Expenditure

$8.35 million

Dividend Payout Ratio

52.67%

Griffon Corporation ended 2024 with $2.57 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.57 billion while shareholder equity stood at $335.71 million.

Griffon Corporation ended 2024 with $0 in deferred long-term liabilities, $382.30 million in other current liabilities, 21187000.00 in common stock, $246.39 million in retained earnings and $327.86 million in goodwill. Its cash balance stood at $151.79 million and cash and short-term investments were $151.79 million. The company’s total short-term debt was $39,680,000 while long-term debt stood at $1.54 billion.

Griffon Corporation’s total current assets stands at $1.13 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $359.40 million compared to accounts payable of $152.20 million and inventory worth $554.96 million.

In 2024, Griffon Corporation's operating cash flow was $-10911000.00 while its capital expenditure stood at $8.35 million.

Comparatively, Griffon Corporation paid $0.53 in dividends in 2024.

Other key metrics

Current Trading Price

$40.07

52-Week High

$43.7654

52-Week Low

$24.1837

Analyst Target Price

$56.8

Griffon Corporation stock is currently trading at $40.07 per share. It touched a 52-week high of $43.7654 and a 52-week low of $43.7654. Analysts tracking the stock have a 12-month average target price of $56.8.

Its 50-day moving average was $41.25 and 200-day moving average was $35.03 The short ratio stood at 2.31 indicating a short percent outstanding of 0%.

Around 1886.3% of the company’s stock are held by insiders while 7622.9% are held by institutions.