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Donaldson Co (Donaldson Co) Momentum Rank : 10 (As of Apr. 30, 2024)


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What is Donaldson Co Momentum Rank?

Donaldson 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 Donaldson Co's Momentum Rank

For the Specialty Industrial Machinery subindustry, Donaldson 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.


Donaldson Co's Momentum Rank Distribution in the Industrial Products Industry

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

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



Donaldson Co Momentum Rank Related Terms

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Donaldson Co (Donaldson Co) Business Description

Traded in Other Exchanges
Address
1400 West 94th Street, Minneapolis, MN, USA, 55431
Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.4 billion in revenue and $480 million in operating income in its fiscal 2023.
Executives
Willard D Oberton director 2001 THEURER BLVD, WINONA MN 55987
Ajita G Rajendra director A. O. SMITH WATER PRODUCTS COMPANY, 500 LINDAHL PARKWAY, ASHLAND CITY TN 37015
Guillermo Briseno officer: President PO BOX 1299, MINNEAPOLIS MN 55440
James Owens director 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Douglas A. Milroy director PO BOX 1299, MINNEAPOLIS MN 55440
Amy C Becker officer: Vice President P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Scott J. Robinson officer: Senior Vice President P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Christopher M. Hilger director PO BOX 1299, MINNEAPOLIS MN 55440
Thomas R Scalf officer: Senior Vice President P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Andrew C Dahlgren officer: President PO BOX 1299, MINNEAPOLIS MN 55440
Wim Vermeersch officer: Vice President P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Tod E. Carpenter director, officer: Chairman, President and CEO P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Jeffrey E Spethmann officer: Senior Vice President P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Sheila G. Kramer officer: Vice President P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Richard Brent Lewis officer: Senior Vice President PO BOX 1299, MINNEAPOLIS MN 55440