Griffon (GFF) closed at $75.22, down 1.89%, trailing the S&P 500’s 0.46% gain. Before today, GFF stock had risen 6.78%, outperforming its sector and the S&P 500. Griffon’s upcoming earnings report forecasts a 3.6% drop in EPS and a 1.83% decrease in revenue from the previous year.

Analysts predict Griffon’s full-year earnings at $5.92 per share, up 4.78%, and revenue at $2.53 billion, up 0.49%. Estimate revisions impact stock prices, and Griffon currently holds a Zacks Rank of 4 (Sell). With a Forward P/E ratio of 12.95 and a PEG ratio of 1.12, GFF appears undervalued compared to industry averages.

Zacks’ Research Chief highlights a satellite-based communications firm as the top stock to potentially double in the coming months. Analysts project significant revenue growth in 2025 for this company amidst a booming space industry. Learn more about this top pick and other potential winners from Zacks Investment Research.

Read more at Nasdaq: Griffon (GFF) Stock Declines While Market Improves: Some Information for Investors