Griffon (GFF) closed at $82.65, up 1.37% from the previous day, outperforming the S&P 500, Dow, and Nasdaq. Shares have risen 13.36% in the past month, exceeding sector and S&P 500 gains. Earnings per share are projected to increase by 20.97%, with a revenue estimate of $660.03 million for the upcoming quarter. Analysts are optimistic about Griffon’s outlook, with recent positive estimate revisions. The stock currently holds a Zacks Rank of #4 (Sell).
Investors are urged to keep an eye on Griffon’s valuation metrics, with a Forward P/E ratio of 14.3 and a PEG ratio of 0.89, below industry averages. The Diversified Operations industry, where Griffon operates, has a Zacks Industry Rank of 74, placing it in the top 30% of all industries. Industry strength is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half. Stay updated on Griffon’s performance by visiting Zacks.com.
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Read more at Nasdaq: Griffon (GFF) Beats Stock Market Upswing: What Investors Need to Know