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GRC (Gorman-Rupp Co) Momentum Rank : 7 (As of Oct. 09, 2024)


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What is Gorman-Rupp Co Momentum Rank?

Gorman-Rupp Co has the Momentum Rank of 7.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Gorman-Rupp Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gorman-Rupp Co's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's Momentum Rank falls into.



Gorman-Rupp Co Momentum Rank Related Terms

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Gorman-Rupp Co Business Description

Traded in Other Exchanges
N/A
Address
600 South Airport Road, Mansfield, OH, USA, 44903
Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.
Executives
Charmaine R Riggins director 6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds director 1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King officer: Vice President 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan director
Jeffrey S Gorman director, officer: President & CEO C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier officer: VP, Information Technology 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead officer: Treasurer and Asst. Secretary 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella director
Donald H Bullock director
Sonja K Mcclelland director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger officer: Assistant Treasurer THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman officer: VP, Human Resources 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr officer: Chief Financial Officer 5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901