Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Momentum Rank : 10 (As of May. 04, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Great Lakes Dredge & Dock Momentum Rank?

Great Lakes Dredge & Dock has the Momentum Rank of 10.

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 Great Lakes Dredge & Dock's Momentum Rank

For the Engineering & Construction subindustry, Great Lakes Dredge & Dock'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.

Great Lakes Dredge & Dock's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Great Lakes Dredge & Dock's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Great Lakes Dredge & Dock's Momentum Rank falls into.

Great Lakes Dredge & Dock Momentum Rank Related Terms

Thank you for viewing the detailed overview of Great Lakes Dredge & Dock's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Great Lakes Dredge & Dock Corp (NAS:GLDD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

5GL:Germany

Address

9811 Katy Freeway, Suite 1200, Houston, TX, USA, 77024

Website

https://www.gldd.com

Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

Executives

Ryan Levenson	director	2396 DELLWOOD DRIVE, ATLANTA GA 30305
Lasse Petterson	director, officer: CEO & President	2103 RESEARCH FOREST DRIVE THE WOODLANDS TX 77380
David E Simonelli	officer: Chief Operating Officer	C/O GREAT LAKES DREDGE & DOCK CORPORATIO 2122 YORK ROAD OAK BROOK IL 60523
Lawrence R Dickerson	director	15415 KATY FREEWAY STE 100, HOUSTON TX 77094
Kathleen Mackie Lavoy	officer: SVP & Chief Legal Officer	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523
D Michael Steuert	director	C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Ronald Steger	director	13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Kathleen M Shanahan	director	24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Michael Joseph Walsh	director	C/O GREAT LAKES DREDGE & DOCK CORP 2122 YORK ROAD OAK BROOK IL 60523
Mark W. Marinko	officer: Chief Financial Officer	C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Annette W Cyr	officer: Chief HR & Admin Officer	C/O BRIGHTPOINT., INC. 7635 INTERACTIVE WAY, SUITE 200 INDIANAPOLIS IN 46278
Carl A Albert	director	C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
Robert B Uhler	director	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD, SUITE 200 OAK BROOK IL 60523
Jason Weiss	director	C/O BOISE INC. 1111 WEST JEFFERSON STREET, SUITE 200 BOISE ID 83702-5388
Christopher P Shea	officer: President - E&I Division	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523