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Flowserve (Flowserve) Momentum Rank : 10 (As of Apr. 27, 2024)


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What is Flowserve Momentum Rank?

Flowserve 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 Flowserve's Momentum Rank

For the Specialty Industrial Machinery subindustry, Flowserve'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.


Flowserve's Momentum Rank Distribution in the Industrial Products Industry

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

* The bar in red indicates where Flowserve's Momentum Rank falls into.



Flowserve Momentum Rank Related Terms

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


Flowserve (Flowserve) Business Description

Traded in Other Exchanges
Address
5215 North O’Connor Boulevard, Suite 700, Irving, TX, USA, 75039
Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several global industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a worldwide network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, advanced diagnostics, repair, and retrofitting. Sales are roughly split across many global regions, with North America and Europe contributing the majority of total revenue.
Executives
Thomas B Okray director 5008 AIRPORT ROAD NW, ROANOKE VA 24012
Kenneth I Siegel director 667 MADISON AVENUE, NEW YORK NY 10065
Susan Claire Hudson officer: Chief Legal Officer 5215 N O CONNOR BLVD, # 700, IRVING TX 75039
Lamar L. Duhon officer: President, AMSS 5215 N. O'CONNOR BLVD., SUITE 700, IRVING TX 75039
Kirk Wilson officer: President, AMSS 5215 NORTH O'CONNOR BLVD #2300, IRVING TX 75039
Tamara Morytko officer: President, FPD 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carlyn R. Taylor director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Scott K Vopni officer: Chief Accounting Officer 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Sanjay Chowbey officer: President, AMSS 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Amy B Schwetz officer: Chief Financial Officer 701 MARKET STREET, ST. LOUIS MO 63101
Sujeet Chand director ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Lanesha Minnix officer: SVP, Chief Legal Officer TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
John Lenander officer: President, FCO 5215 NORTH O'CONNOR BLVD SUITE 2300, IRVING TX 75039
Michael C. Mcmurray director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Garrison John L Jr director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880