The consensus price target hints at a 27.2% upside potential for Griffon (GFF). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
GFF's fiscal first-quarter revenues decrease 2% year over year, due to weakness in the Consumer and Professional Products segment.
Griffon Corporation (NYSE:GFF ) Q1 2025 Earnings Conference Call February 5, 2025 8:30 AM ET Company Participants Brian Harris - Chief Financial Officer Ron Kramer - Chairman & Chief Executive Officer Conference Call Participants Robert Schultz - Baird Bob Labick - CJS Securities Trey Grooms - Stephens Sam Darkatsh - Raymond James Julio Romero - Sidoti & Company Operator Greetings and welcome to the Griffon Corporation Fiscal First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Griffon (GFF) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.07 per share a year ago.
In the most recent trading session, Griffon (GFF) closed at $77.70, indicating a +1.44% shift from the previous trading day.
Griffon (GFF) reachead $70.76 at the closing of the latest trading day, reflecting a -1.94% change compared to its last close.
Griffon stands to gain from strength in its HBP segment. The company's measures to reward its shareholders are also encouraging.
Griffon Corporation's topline growth is under pressure due to weak commercial and consumer demand, particularly in the CPP segment in North America. Despite topline challenges, margins are expected to improve due to productivity enhancements and global sourcing expansion, supporting long-term profitability. The company's long-term outlook remains promising, driven by capacity expansion initiatives, market share gains in residential sectors, and anticipated market recovery.
Griffon (GFF) concluded the recent trading session at $72, signifying a -0.25% move from its prior day's close.
Griffon (GFF) reported earnings 30 days ago. What's next for the stock?
Griffon (GFF) concluded the recent trading session at $79.04, signifying a -1.01% move from its prior day's close.