GIC (Global Industrial Co) Momentum Rank : 2 (As of Mar. 23, 2025)

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What is Global Industrial Co Momentum Rank?

Global Industrial Co has the Momentum Rank of 2.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Global Industrial Co's Momentum Rank

For the Industrial Distribution subindustry, Global Industrial 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.

Global Industrial Co's Momentum Rank Distribution in the Industrial Distribution Industry

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

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

Global Industrial Co Momentum Rank Related Terms

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Global Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Global Industrial Co (NYSE:GIC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GML0:Germany

Address

11 Harbor Park Drive, Port Washington, NY, USA, 11050

Website

https://investors.globalindustrial.com

Global Industrial Co is a value-added industrial distributor. The company distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.

Executives

Bruce Leeds	director, officer: V. Chmn & Pres of Int. Op.	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Richard Leeds	director, 10 percent owner, officer: Chairman and CEO	C/O SYSTEMAX INC., 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Leeds	director, officer: V. Chmn & Pres. of Dom. Op.	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Thomas Axmacher	officer: VP-Controller (CAO)	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Thomas Suozzi	director	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Leeds 2008 Family Trust	10 percent owner	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Barry Litwin	director	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Storch Adina	officer: SVP & General Counsel	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Donna Fielding	officer: Chief Human Resources Officer	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Christopher Longhito	officer: SVP, Operations	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Alex Tomey	officer: SVP & Chief Merchandising OFC	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Manoj Shetty	officer: SVP & Chief Info Officer	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Dooley	officer: Sr. Vice President	C/O SYSTEMAX INC., 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Klaus Werner	officer: SVP & Chief Marketing Officer	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Claudia Hughes	officer: SVP & Chief Sales Officer	C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050