Home Sectors Basic Materials Current Trend: Griffon Corporation (NYSE: GFF)

Current Trend: Griffon Corporation (NYSE: GFF)

16
0
SHARE

Griffon Corporation is in the basic materials sector and is part of the building materials industry. The company CEO is Ronald J. Kramer. Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals.

Previous Intraday Trading Performance:

The GFF stock showed a previous change of -0.28% with an open at 18.24 and a close of 18.09. It reached an intraday high of 18.28 and a low of 17.92.

SeekingAlpha:  Griffon Corporation (GFF) CEO Ron Kramer on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $845.9m with 46.8m shares outstanding, of which the float is 39.6m shares. Trading volume reached 243,356 shares compared to its average volume of 242,810 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Griffon Corporation shares returned 4.39% and in the past 30 trading days it returned 28.46%. Over three months, it changed 72.66%. In one year it has changed -2.92% and within that year its 52-week high was 23.55 and its 52-week low was 9.65. GFF stock is 87.46% above its 52 Week Low.

Our calculations show a 200 day moving average of 15.96 and a 50 day moving average of 15.32. Currently GFF stock is trading 13.34% above its 200 day moving average.

SeekingAlpha:  Griffon jumps +13% post Q1 results and improved margins

Earnings:

The last annual fiscal EPS for the company was reported at 2.95 that ended on 30th of September 2018, which according to the previous close, that is a PE of 6.13. The TTM EPS is 0.00, which comes to a TTM PE of 0.00.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.22
09-30-2018:  0.38
06-30-2018:  0.27
03-31-2018:  0.06

The dividend per share is currently 0.29, which is a dividend yield of 1.60%.

Base on our calculations, the intrinsic value per share is 19.11, which means it is possibly undervalued and has a margin of safety of 5.34%

Indicators to Watch:

Based on the latest filings, there is 99.70% of institutional ownership. Short-interest is 1,720,398, which is 3.68% of shares outstanding. The short-interest ratio or days-to-cover ratio is 6.85. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 2.11

SeekingAlpha:  Griffon beats by $0.14, misses on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 23.30%, return on assets is 4.97%, profit margin is 4.88%, price-to-sales is 0.41 and price-to-book is 1.80.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 1  :Past Performance Score
 1  :Financial Strength Score
 3  :Future Growth Score
 2  :Dividend Score
 1  :Overall Score

SHARE
John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.