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ENGlobal (ENGlobal) Momentum Rank : 2 (As of Apr. 27, 2024)


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What is ENGlobal Momentum Rank?

ENGlobal has the Momentum Rank of 2.

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 ENGlobal's Momentum Rank

For the Engineering & Construction subindustry, ENGlobal'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.


ENGlobal's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, ENGlobal's Momentum Rank distribution charts can be found below:

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



ENGlobal Momentum Rank Related Terms

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


ENGlobal (ENGlobal) Business Description

Traded in Other Exchanges
N/A
Address
11740 Katy Freeway, Energy Tower 3, 11th floor, Houston, TX, USA, 77079
ENGlobal Corp engages in providing engineering and professional services to the energy industry. The company operates through two segments Commercial and Government Services. The Commercial segment derives revenue on contracts from time-and-material fees charged for professional and technical services. The Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology and the maintenance of these systems primarily to the U.S. Government globally.
Executives
Margaret Kash Lassarat director 5624 THUNDERBIRD CT, GRANBURY TX 76049
Lloyd G. Kirchner director 10218 PINE FOREST RD., HOUSTON TX 77042
Christopher D. Sorrells director REG NEWCO, INC., 416 S. BELL AVENUE, AMES IA 50010
David W Gent director
Kevin M Palma director 5318 MORNINGSIDE AVE., DALLAS TX 75206
Darren Wayne Spriggs officer: CFO 654 NORTH SAM HOUSTON PARKWAY EAST, SUITE 400, HOUSTON TX 77060
Roger Goran Westerlind officer: President 654 NORTH SAM HOUSTON PARKWAY EAST, SUITE 400, HOUSTON TX 77060
Robert Bruce Williams officer: Sr. VP, Midwest/Southwest Ops 654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060
William A Coskey director, 10 percent owner, officer: Chairman of the Board 11740 KATY FWY., SUITE 1100, HOUSTON TX 77079
John L Kratzert officer: Senior V P, Automation 654 N. SAM HOUSTON PARKWAY E., SUITE 400, HOUSTON TX 77060
John Michael Harrison officer: Sr. VP, Business Development 654 N. SAM HOUSTON PKWY E., SUITE 400, HOUSTON TX 77060
Mark Allen Hess officer: Chief Financial Officer 654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060
Robert Calvin Smith officer: Sr. VP, Gulf Coast Operations 654 N SAM HOUSTON PKWY E, STE 400, HOUSTON TX 77060
Rochelle D Leedy officer: Executive Vice President ENGLOBAL CORPORATION, 654 N. SAM HOUSTON PARKWAY E, SUITE 400, HOUSTON TX 77060-5914
Timothy Patrick Rennie officer: Exec VP, Eng & Construction 654 N. SAM HOUSTON PKWY E, SUITE 400, HOUSTON TX 77060