Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Griffon Corp before investing.

In this article, we go over a few key elements for understanding Griffon Corp’s stock price such as:

• Griffon Corp’s current stock price and volume
• Why Griffon Corp’s stock price changed recently
• Upgrades and downgrades for GFF from analysts
• GFF’s stock price momentum as measured by its relative strength

About Griffon Corp (GFF)

Before we jump into Griffon Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Griffon Corporation is a diversified management and holding company. The Company owns and operates, and seeks to acquire, businesses in multiple industries and geographic markets. The Company's Home and Building Products (HBP) conducts its operations through Clopay Corporation (Clopay). Clopay is a manufacturer and marketer of garage doors and rolling steel doors in North America. Its residential and commercial sectional products are sold under brands including Clopay, Americas Favorite Garage Doors, Holmes Garage Door Company and IDEAL Door. The Company’s Consumer and Professional Products (CPP) segment is a global provider of branded consumer and professional tools; residential, industrial and commercial fans; home storage and organization products; and products that enhance indoor and outdoor lifestyles. CPP sells products globally through a portfolio of brands including AMES, Hunter, True Temper, and ClosetMaid.

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Griffon Corp’s Stock Price as of Market Close

As of May 10, 2024, 4:00 PM, CST, Griffon Corp’s stock price was $71.09.

Griffon Corp is down 4.26% from its previous closing price of $74.25.

During the last market session, Griffon Corp’s stock traded between $72.06 and $74.68. Currently, there are 48.78 million shares of Griffon Corp stock available for purchase.

Griffon Corp’s price-earnings (P/E) ratio is currently at 59.9, which is high compared to the Construction Supplies & Fixtures industry median of 20.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Griffon Corp Stock Price History

Griffon Corp’s (GFF) price is currently up 8.5% so far this month.

During the month of May, Griffon Corp’s stock price has reached a high of $77.99 and a low of $65.08.

Over the last year, Griffon Corp has hit prices as high as $77.99 and as low as $30.09. Year to date, Griffon Corp’s stock is up 98.63%.

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What Caused Griffon Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 09, 2024, there was 1 analyst who downgraded Griffon Corp’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Griffon Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Griffon Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Griffon Corp’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Griffon Corp (GFF) by visiting AAII Stock Evaluator.

Relative Price Strength of Griffon Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 09, 2024, Griffon Corp has a weighted four-quarter relative price strength of 16.11%, which translates to a Momentum Score of 91 and is considered to be Very Strong.

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Griffon Corp Stock Price: Bottom Line

As of May 10, 2024, Griffon Corp’s stock price is $71.09, which is down 4.26% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Griffon Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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