2 weeks Ago By ABMN Staff
Global Tech Industries Group ( OTCMKTS:GTII – Get Free Report ) and Griffon ( NYSE:GFF – Get Free Report ) are both industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations. Earnings & Valuation This table compares Global Tech Industries Group and Griffon’s revenue, earnings per share and valuation. Griffon has higher revenue and earnings than Global Tech Industries Group.
Analyst Ratings Griffon has a consensus target price of $80.33, suggesting a potential upside of 22.14%.
Given Griffon’s higher possible upside, analysts plainly believe Griffon is more favorable than Global Tech Industries Group. Profitability This table compares Global Tech Industries Group and Griffon’s net margins, return on equity and return on assets. Insider and Institutional Ownership 73.
2% of Griffon shares are owned by institutional investors. 16.1% of Griffon shares are owned by insiders.
Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth. Summary Griffon beats Global Tech Industries Group on 9 of the 9 factors compared between the two stocks. About Global Tech Industries Group ( Get Free Report ) Global Tech Industries Group, Inc.
does not significant operations. Previously, the company was engaged in operation of an online cryptocurrency trading platform in the United States. It intends to acquire companies with significant growth opportunities.
The company was formerly known as Tree Top Industries, Inc. and changed its name to Global Tech Industries Group, Inc. in July 2016.
Global Tech Industries Group, Inc. is based in New York, New York. About Griffon ( Get Free Report ) Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.
The company operates through two segments: Home and Building Products, and Consumer and Professional Products. The Home and Building Products segment manufactures and markets residential and commercial sectional garage doors, rolling steel service doors, fire doors, shutters, steel security grilles, and room dividers for the use in commercial construction and repair, and home remodeling applications. The segment also sells related products, such as garage door openers.
The Consumer and Professional Products segment manufactures and markets long-handled engineered tools, including spades, hoes, cultivators, weeders, post hole diggers, scrapers, edgers and forks; wheelbarrows and lawn carts; snow tools comprising pushers, roof rakes, sled sleigh shovels, scoops, and ice scrapers; and pruning products, such as pruners, loppers, shears, and other tools. The segment also offers striking tools, including axes, picks, mattocks, mauls, wood splitters, sledgehammers, pry bars, and repair handles; traditional and gardening hand tools comprising hammers, screwdrivers, pliers, adjustable wrenches, handsaws, tape measures, levels, clamps, trowels, cultivators, weeders, and other hand tools; indoor and outdoor planters and lawn accessories; and garden hoses and hose reels. In addition, the segment provides home organization products, including wire and wood shelving, containers, storage cabinets, and other closet and home organization accessories; residential, industrial, and commercial fans; and cleaning products, such as brooms, brushes, squeegees, and other cleaning products.
The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1774 and is headquartered in New York, New York. Receive News & Ratings for Global Tech Industries Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Tech Industries Group and related companies with MarketBeat.
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