Mueller Industries (Mueller Industries) Momentum Rank : 9 (As of Apr. 27, 2024)

View and export this data going back to 1991. Start your Free Trial

What is Mueller Industries Momentum Rank?

Mueller Industries has the Momentum Rank of 9.

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 Mueller Industries's Momentum Rank

For the Metal Fabrication subindustry, Mueller 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.

Mueller Industries's Momentum Rank Distribution in the Industrial Products Industry

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

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

Mueller Industries Momentum Rank Related Terms

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

Mueller Industries (Mueller Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Industries Inc (NYSE:MLI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MUD:Germany

Address

150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017

Website

https://www.muellerindustries.com

Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.

Executives

Steffen Sigloch	officer: VP, Mfg and Engineering	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
John B Hansen	officer: President, Mfg Operations	8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Gregory L. Christopher	officer: President - Standard Products	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Scott Jay Goldman	director	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Herzog Charles P Jr	director	9581 FOX HILL CIRCLE SOUTH, GERMANTOWN TN 38139
William C. Drummond	director	1395 BRICKELL AVENUE, MIAMI FL 33131
Gary S Gladstein	director	SOROS FUND MANAGEMENT LLC, 888 SEVENTH AVE 3300, NEW YORK NY 10106
Anthony Steinriede	officer: VP - Corporate Controller	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gary Westermeyer	officer: President, Refrigeration	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gennaro J Fulvio	director
Kristee Michelle Ford	officer: Chief Information Officer	581 ROCKY JOE DRIVE, COLLIERVILLE TN 38017
Paul J Flaherty	director	C/O MUELLER INDUSTRIES INC., 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Devin Malone	officer: President, Streamline	2321 WICKERSHAM CV, GERMANTOWN TN 38139
Christopher Andrew Mitchell	officer: President, Canadian Operations	198 PIONEER TOWER ROAD, KITCHENER A6 N2P 2H8
Elizabeth M Donovan	director	400 E OHIO STREET, CHICAGO IL 60611