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Griffon Corporation: Update following upgrade of CFR to Ba3

Our credit view of Griffon reflects its good position in garage doors and healthy free cash flow against moderate leverage, cyclicality and earnings concentration.

Griffon Corp: 2 directors

Two Directors at Griffon Corp gave away/sold 9,170 shares at between 0.000USD and 80.380USD. The significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over...

Moody's Ratings upgrades Griffon's CFR to Ba3; stable outlook

Moody's Ratings (Moody's) upgraded Griffon Corporation's (Griffon) ratings including the Corporate Family Rating (CFR) to Ba3 from B1, Probability of Default Rating (PDR) to Ba3-PD from B1-PD, the rating on the company's senior secured first lien bank credit facility to Ba1 from Ba2, and the rating ...

Griffon Corporation - June 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Griffon Corporation: Update following outlook change to positive

Our credit view of Griffon reflects its good product diversification and market position, offset by its exposure to cyclical downturns, US housing market, weather and customer concentration.

Moody's changes Griffon's outlook to positive; affirms B1 CFR

Moody's Investors Service (Moody's) changed Griffon Corporation's (Griffon) outlook to positive from stable. At the same time Moody's affirmed Griffon's ratings, including its B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating (PDR), the Ba2 ratings on the company's senior secured...

Griffon Corporation - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Griffon Corporation: Update to credit analysis

Our credit view of Griffon reflects its good liquidity and its improving track record of free cash flow generation, against its customer concentration.

Griffon Corporation - June 2022 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Griffon Corporation: Update following affirmation of B1 CFR, Hunter Fa...

Our credit view of Griffon reflects its good product diversification and market position, constrained by its high financial leverage and exposure to the cyclical US housing market.

Moody's affirms Griffon's B1 CFR; assigns Ba2 to new first lien term l...

Rating Action: Moody's affirms Griffon's B1 CFR; assigns Ba2 to new first lien term loan; downgrades unsecured notes to B3; outlook remains stable. Global Credit Research- 06 Jan 2022. New York, January 06, 2022-- Moody's Investors Service affirmed Griffon Corporation's B1 Corporate Family Rating and B1-PD Probability of Default Rating.

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