Albany International Stock Today
| AIN Stock | USD 82.53 1.03 1.23% |
Performance0 of 100
| Odds Of DistressLess than 5
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Albany International is selling at 82.53 as of the 22nd of November 2024; that is 1.23% down since the beginning of the trading day. The stock's open price was 83.56. Albany International has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Albany International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 30th of September 1987 | Category Consumer Cyclical | Classification Industrials |
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. The company has 31.3 M outstanding shares of which 385.96 K shares are presently shorted by investors with about 1.61 days to cover. More on Albany International
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Albany Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | Gunnar Kleveland | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [AI Airports International Ltd, AIN] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Textile Manufacturing, Consumer Cyclical, NYSE Composite, SP Small-Cap 600, Industrials, Machinery, Textile Manufacturing, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAlbany International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Albany International's financial leverage. It provides some insight into what part of Albany International's total assets is financed by creditors.
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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. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.62 B. Albany International runs under Machinery sector within Industrials industry. The entity has 31.3 M outstanding shares of which 385.96 K shares are presently shorted by investors with about 1.61 days to cover.
Albany International has about 291.78 M in cash with 148.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.89.
Check Albany International Probability Of Bankruptcy
Ownership AllocationThe majority of Albany International outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Albany International to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Albany International. Please pay attention to any change in the institutional holdings of Albany International as this could imply that something significant has changed or is about to change at the company.
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Albany Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Sei Investments Co | 2024-06-30 | 708.4 K | |
| Geode Capital Management, Llc | 2024-06-30 | 707.4 K | |
| Loomis, Sayles & Company Lp | 2024-06-30 | 653.4 K | |
| Principal Financial Group Inc | 2024-09-30 | 586.3 K | |
| Clearbridge Advisors, Llc | 2024-06-30 | 572.1 K | |
| Aristotle Capital Boston, Llc | 2024-06-30 | 478.3 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 467.2 K | |
| Brown Advisory Holdings Inc | 2024-09-30 | 420.2 K | |
| Norges Bank | 2024-06-30 | 408.9 K | |
| Blackrock Inc | 2024-06-30 | 4.8 M | |
| Vanguard Group Inc | 2024-09-30 | 3.5 M |
Albany International Historical Income Statement
Albany Stock Against Markets
Albany International Corporate Directors
| Christine Standish | Independent Director | Profile | |
| Lee Wortham | Independent Director | Profile | |
| John Cassidy | Independent Director | Profile | |
| John Scannell | Independent Director | Profile |
Already Invested in Albany International?
The danger of trading Albany International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Albany International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Albany International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Albany International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.