New insider activity at Griffon ( (GFF) ) has taken place on February 11, 2025.
Director Samanta H Stewart has sold a total of 1,236 shares of Griffon stock, resulting in a transaction valued at $98,224.
Recent Updates on GFF stock
Griffon Corporation’s recent earnings call for Q1 of Fiscal 2025 revealed a generally positive outlook with notable financial improvements, despite some challenges. The company reported robust free cash flow of $143 million and improved profitability in its Consumer and Professional Products segment, partly due to global sourcing and increased volume in Australia. Griffon’s stock repurchase program and consistent dividend growth further underline its financial strength and commitment to shareholder returns. However, the company faced a 4% revenue decline in the CPP segment due to reduced demand in North America and the UK, along with concerns about potential tariffs affecting international operations. Analysts have raised Griffon’s price targets, citing stable to improving margins aided by firm pricing and strategic sourcing, as well as the possibility of a future sale of the company. Overall, Griffon appears well-positioned to meet its financial targets for the year, supported by strong free cash flow and strategic initiatives.
More about Griffon
YTD Price Performance: 9.82%
Average Trading Volume: 429,562
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.76B
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