John Scannell - Albany International Independent Director

AIN Stock  USD 81.33  0.02  0.02%   

Director

Mr. John R. Scannell is an Independent Director of Albany International Corporationrationration. Mr. Scannell was a Director of the Company since February 2012. He has served as Chairman and Chief Executive Officer of Moog Inc., a worldwide designer, manufacturer, and integrator of highperformance precision motion and fluid control systems for a broad range of applications, since January 2014. Mr. Scannell joined Moog in 1990 as an Engineering Manager of Moog Ireland and later became Operations Manager of Moog GmbH in Germany. In 1999, he became the General Manager of Moog Ireland, and in 2003 moved to the Aircraft Group in East Aurora, New York, as the Boeing 787 Program Manager. He was named Moogs Director of Contracts and Pricing in 2005. Mr. Scannell was elected Vice President of Moog in 2005 and Chief Financial Officer in 2007, a position he held until December 2010, at which time he was appointed President and Chief Operating Officer. In December 2011, he was named Moogs Chief Executive Officer. Mr. Scannell also serves on the Board of MT Bank since 2012.
Age 57
Tenure 13 years
Professional MarksMBA
Address 216 Airport Drive, Rochester, NH, United States, 03867
Phone603 330 5800
Webhttps://www.albint.com
Scannell’s range of management experience in engineering, operations management, contracts, and finance, along with his indepth knowledge of aerospace markets, products, and technologies, make him highly qualified to serve as a Director. In addition to an M.B.A. from Harvard Business School, Mr. Scannell holds B.S. and M.S. degrees in Electrical Engineering from University College Cork, Ireland.

John Scannell Latest Insider Activity

Tracking and analyzing the buying and selling activities of John Scannell against Albany International stock is an integral part of due diligence when investing in Albany International. John Scannell insider activity provides valuable insight into whether Albany International is net buyers or sellers over its current business cycle. Note, Albany International insiders must abide by specific rules, including filing SEC forms every time they buy or sell Albany International'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Albany International Management Efficiency

The company has Return on Asset of 0.0598 % which means that on every $100 spent on assets, it made $0.0598 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1052 %, implying that it generated $0.1052 on every 100 dollars invested. Albany International's management efficiency ratios could be used to measure how well Albany International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of January 2025, Return On Tangible Assets is likely to drop to 0.03. In addition to that, Return On Capital Employed is likely to drop to 0.10. At this time, Albany International's Other Current Assets are very stable compared to the past year. As of the 18th of January 2025, Total Current Assets is likely to grow to about 1.1 B, while Total Assets are likely to drop about 1.2 B.
Albany International has 514.86 M in debt with debt to equity (D/E) ratio of 0.55, which is OK given its current industry classification. Albany International has a current ratio of 4.18, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Albany to invest in growth at high rates of return.

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Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire. Albany International operates under Textile Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 4100 people. Albany International (AIN) is traded on New York Stock Exchange in USA. It is located in 216 Airport Drive, Rochester, NH, United States, 03867 and employs 5,600 people. Albany International is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Albany International Leadership Team

Elected by the shareholders, the Albany International's board of directors comprises two types of representatives: Albany International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Albany. The board's role is to monitor Albany International's management team and ensure that shareholders' interests are well served. Albany International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Albany International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christine Standish, Independent Director
Joseph Gaug, Associate General Counsel, Assistant Secretary
Robert CPA, Executive CFO
Merle Stein, President Clothing
Lee Wortham, Independent Director
John Cassidy, Independent Director
John Scannell, Independent Director
Katharine Plourde, Independent Director
Gunnar Kleveland, CEO President
J McQuade, Independent Director
Stephen Nolan, Chief Financial Officer, Treasurer
David Pawlick, Principal Accounting Officer, Vice President, Controller
A Higgins, President, Chief Executive Officer, Director
Christina Alvord, Director
John Hobbs, Director Relations
Kenneth Krueger, Independent Director
Suzanne Purdum, Chief Officer
Andrew Higgins, CEO Pres
Robert Starr, Executive CFO
Christopher Stone, President Composites
Mark Murphy, Independent Director
Susan Siegel, Vice Communications
Jairaj Chetnani, Vice Treasurer
Robert Hansen, Senior Vice President, Chief Technology Officer
Daniel Halftermeyer, President of Machine Clothing
Jairaj CFA, Vice Treasurer
Elisabeth Indriani, Principal Accounting Officer, Vice President Controller
John Tedone, Controller VP
Russell Toney, Director
Gregory Harwell, Group President – Albany Engineered Composites (AEC)
Erland Kailbourne, Independent Chairman of the Board
Alice McCarvill, Chief Human Resource Officer, Executive Vice President - Human Resources

Albany Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Albany International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Albany International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albany International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albany International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Albany Stock

  0.73IP International PaperPairCorr
  0.76SW Smurfit WestRock plcPairCorr

Moving against Albany Stock

  0.8CYD China Yuchai InternaPairCorr
  0.75DSS DSS IncPairCorr
  0.65FIGS Figs IncPairCorr
  0.64FRZA Forza X1PairCorr
  0.63EBET Ebet IncPairCorr
The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albany International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albany International to buy it.
The correlation of Albany International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albany International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Albany International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albany International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albany International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albany International Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albany International. If investors know Albany will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albany International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
1.04
Earnings Share
3.2
Revenue Per Share
40.587
Quarterly Revenue Growth
0.061
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albany International's market value can be influenced by many factors that don't directly affect Albany International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.