Franklin Electric Co (Franklin Electric Co) Momentum Rank : 10 (As of May. 02, 2024)

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What is Franklin Electric Co Momentum Rank?

Franklin Electric Co 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 Franklin Electric Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Franklin Electric 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.

Franklin Electric Co's Momentum Rank Distribution in the Industrial Products Industry

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

* The bar in red indicates where Franklin Electric Co's Momentum Rank falls into.

Franklin Electric Co Momentum Rank Related Terms

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Franklin Electric Co (Franklin Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Franklin Electric Co Inc (NAS:FELE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

FE4:Germany

Address

9255 Coverdale Road, Fort Wayne, IN, USA, 46809

Website

https://www.franklin-electric.com

Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.

Executives

Gregg C Sengstack	officer: Senior Vice President and CFO	FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809
Delancey W Davis	officer: Vice President, Director of Sa	FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Greg Michael Levine	officer: VP & President, Global Water	954 CHAPEL OAKS ROAD, FRONTENAC MO 63131
Jonathan M. Grandon	officer: Chief Administrative Officer	56 EAST BELL DRIVE, P.O. BOX, WARSAW IN 46581
Donald P Kenney	officer: VP and President Energy System	FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Paul Chhabra	officer: VP, Global Product Supply	9255 COVERDALE ROAD, FORT WAYNE IN 46809
Jeffery L Taylor	officer: Vice President and CFO	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Chris Villavarayan	director	C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Brent L Spikes	officer: VP, Global Manufacturing Ops	10330 CYGNET COVE, ROANOKE IN 46783
Kenneth Keene	officer: VP, Global Supply Chain	626 MONTE VISTA DRIVE, FORT WAYNE IN 46814
John J Haines	officer: Vice President and CFO	FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Luxfer Holdings Plc	director	LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara	director	2140 LAKE PARK BLVD, RICHARDSON TX 75080
Jay J Walsh	officer: President, Franklin Fueling	502 CABRILLO COURT, VERONA WI 53593
Julie Scheck Freigang	officer: Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360