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Robert W. Baird Stick to Their Buy Rating for Griffon Corp.

Published 05/03/2021, 03:11 AM
GFF
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Robert W. Baird analyst Timothy Wojs maintained a Buy rating on Griffon (NYSE:GFF) Corp. on Thursday, setting a price target of $35, which is approximately 29.06% above the present share price of $27.12.

Wojs expects Griffon Corp . to post earnings per share (EPS) of $0.58 for the second quarter of 2021.

The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Griffon, with an average price target of $33.
The analysts price targets range from a high of $33 to a low of $33.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $609.29 million and a net profit of $48.62 million. The company's market cap is $1.52 billion.

According to TipRanks.com, Robert W. Baird analyst Timothy Wojs is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.4% and a 61.11% success rate.

Griffon Corp. is a management and holding company, which engages in the direction and assistance to its subsidiaries. It operates through the following segments: Consumer and Professional Products, Home and Building Products, and Defense Electronics. The Consumer and Professional Products segment operates through AMES. The Home and Building Products segment consists of two companies, which manufactures branded consumer and professional tools, landscaping products, and outdoor lifestyle solutions; and sells residential,and commercial garage doors. The Defense Electronics segment focuses on sophisticated intelligence, surveillance, and communications solutions for defense, aerospace, and commercial customers. The company was founded on May 18, 1959 and is headquartered in New York, NY.

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