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Valmont Industries (Valmont Industries) Momentum Rank : 5 (As of Apr. 28, 2024)


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What is Valmont Industries Momentum Rank?

Valmont Industries has the Momentum Rank of 5.

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 Valmont Industries's Momentum Rank

For the Conglomerates subindustry, Valmont Industries'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.


Valmont Industries's Momentum Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Valmont Industries's Momentum Rank distribution charts can be found below:

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



Valmont Industries Momentum Rank Related Terms

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


Valmont Industries (Valmont Industries) Business Description

Traded in Other Exchanges
Address
15000 Valmont Plaza, Omaha, NE, USA, 68154-5215
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.
Executives
Aaron M Schapper officer: EVP Infrastructure VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
Theodor Werner Freye director VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
John Timothy Donahue officer: EVP, Corp/Business Development VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68135
Stephen G Kaniewski officer: President & COO 15000 VALMONT PLAZA, 15000 VALMONT PLAZA, OMAHA NE 68154
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Gene Padgett officer: CAO VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Timothy Francis officer: VP Corporate Controller VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154-5215
Thomas Mitchell Parnell officer: SVP, Human Resources VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Renee L Campbell officer: SVP, Investor Relations, Treas VALMONT INDUSTRIES, 15000 VALMONT PLAZA, OMAHA NE 68154
R Andrew Massey officer: VP, Legal and Compliance VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
James B. Milliken director ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68135
Mogens C Bay director, officer: Chairman and CEO 15000 VALMONT PLAZA, OMAHA NE 68154
Randt Clark T. Jr. director ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68154
Joan Robinson-berry director VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175
Ritu Favre director 12367 CROSTHWAITE CIRCLE, POWAY CA 92064