Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Griffon Corporation recently reported its fiscal third quarter 2024 earnings.</li><li>On the positive front, Griffon Corporation reported strong operating performances in its two main segments: Home and Building Products (HBP) and Consumer and Professional Products (CPP).</li><li>HBP achieved an impressive EBITDA margin of 30.1%, demonstrating robust profitability despite a challenging market environment characterized by softening in the commercial sector.</li></ul>

Griffon Corporation recently reported its fiscal third quarter 2024 earnings.On the positive front, Griffon Corporation reported strong operating performances in its two main segments: Home and Building Products (HBP) and Consumer and Professional Products (CPP).HBP achieved an impressive EBITDA margin of 30.1%, demonstrating robust profitability despite a challenging market environment characterized by softening in the commercial sector.

Griffon Corporation: Their Approach To Product & Market Expansion Driving Our Bullishness! - Major Drivers

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

<ul><li>Griffon is a mini-conglomerate with divisions in garage doors and home goods, including garden tools and ceiling fans</li><li>Home goods division struggling due to restructuring efforts and Covid-19 impact, with volumes dropping nearly 50% in the last 2 years</li><li>Garage doors division has been performing well, with margins exceeding targets and EBITDA tripling in recent years, but faces concerns about potential price pressures and competition from large customers like Home Depot</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Griffon is a mini-conglomerate with divisions in garage doors and home goods, including garden tools and ceiling fansHome goods division struggling due to restructuring efforts and Covid-19 impact, with volumes dropping nearly 50% in the last 2 yearsGarage doors division has been performing well, with margins exceeding targets and EBITDA tripling in recent years, but faces concerns about potential price pressures and competition from large customers like Home DepotThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Griffon Corp (GFF) - Tuesday, Jun 4, 2024

<ul><li>Griffon Corporation delivered a mixed set of financial results in the fiscal second quarter of 2024, presenting a complex landscape for potential investors.</li><li>On the positive front, Griffon reported a robust start to the year, with healthier performances particularly noted in the Home and Building Products (HBP) segment which outperformed expectations partly due to unexpectedly high residential order volumes that defied typical seasonal trends.</li><li>Furthermore, the Consumer and Professional Products (CPP) segment also showed improvement, registered in an increased EBITDA, attributed to lower production costs in North America, offsetting a decline in revenue by 11% due to dampened demand.</li></ul>

Griffon Corporation delivered a mixed set of financial results in the fiscal second quarter of 2024, presenting a complex landscape for potential investors.On the positive front, Griffon reported a robust start to the year, with healthier performances particularly noted in the Home and Building Products (HBP) segment which outperformed expectations partly due to unexpectedly high residential order volumes that defied typical seasonal trends.Furthermore, the Consumer and Professional Products (CPP) segment also showed improvement, registered in an increased EBITDA, attributed to lower production costs in North America, offsetting a decline in revenue by 11% due to dampened demand.

Griffon Corporation: Can The Expansion of Global Sourcing Actually Streamline Operations & Expand The Bottom-Line? - Major Drivers

<ul>
<li>This is our first report on Griffon Corporation.</li>
<li>The company's latest earnings for fiscal 2024's first quarter showcased a company navigating the complexities of market demands, supply chain logistics, and strategic growth initiatives.</li>
<li>The company reported a commendable start to the fiscal year, marked by a robust free cash flow of $133 million, underscoring its operational efficiency and financial prudence.</li>
</ul>


This is our first report on Griffon Corporation.
The company's latest earnings for fiscal 2024's first quarter showcased a company navigating the complexities of market demands, supply chain logistics, and strategic growth initiatives.
The company reported a commendable start to the fiscal year, marked by a robust free cash flow of $133 million, underscoring its operational efficiency and financial prudence.


Griffon Corporation: 4 Major Catalysts For Its Growth In 2024 & Beyond! - Financial Forecasts

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

As the market churns in a one step forward, one step back fashion, we remain in wait-and-see mode as to whether recent improvements in cyclical value areas of the market have staying power. Considering the lack of breakouts or breakdowns in key cyclical areas of the market, our neutral outlook remains intact. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Financials, and Manufacturing: Retailers, Auto Parts, Canadian Banks, and Building Products and Fixtures.

As the market churns in a one step forward, one step back fashion, we remain in wait-and-see mode as to whether recent improvements in cyclical value areas of the market have staying power. Considering the lack of breakouts or breakdowns in key cyclical areas of the market, our neutral outlook remains intact. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Financials, and Manufacturing: Retailers, Auto Parts, Canadian Banks, and Building Products and Fixtures.

U.S. Equity Strategy: One Step Forward, One Step Back

United States

Griffon Corporation manufactures building products, specialty plastic films, and electronic information and communication systems.  The Company's products include garage doors, materials for disposable diapers, disposable health care products, sensor systems, and information and command and control systems. Griffon sells its products in the United States.

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Griffon Corp (GFF US)

Griffon Corporation: Their Approach To Product & Market Expansion Driving Our Bullishness! - Major Drivers

Griffon Corporation recently reported its fiscal third quarter 2024 earnings. On the positive front, Griffon Corporation reported strong operating...

Baptista Research

Griffon Corp (GFF) - Tuesday, Jun 4, 2024

Home goods division struggling due to restructuring efforts and Covid-19 impact, with volumes dropping nearly 50% in the last 2 years

Value Investors Club

Griffon Corporation: Can The Expansion of Global Sourcing Actually Streamline Operations & Expand The Bottom-Line? - Major Drivers

Griffon Corporation delivered a mixed set of financial results in the fiscal second quarter of 2024, presenting a complex landscape for potential...

Baptista Research

Griffon Corporation: 4 Major Catalysts For Its Growth In 2024 & Beyond! - Financial Forecasts

This is our first report on Griffon Corporation. The company's latest earnings for fiscal 2024's first quarter showcased a company navigating the...

Baptista Research

U.S. Equity Strategy: One Step Forward, One Step Back

As the market churns in a one step forward, one step back fashion, we remain in wait-and-see mode as to whether recent improvements in cyclical...

Vermilion Research

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