Albany International Corp. engages in textile and materials processing businesses worldwide. The company operates through two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing. This segment offers forming, pressing, dryer fabrics, and process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries; and sells its products directly to end-user customers. The AEC segment designs, manufactures, and markets composite structures primarily to customers in the aerospace and defense industries. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.
Industry, Sector and Symbol
Industry Broadwoven fabric mills, manmade
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:AIN
CUSIP01234810
Phone603-330-5850
Debt
Debt-to-Equity Ratio0.87
Current Ratio3.24
Quick Ratio2.67
Price-To-Earnings
Trailing P/E Ratio38.14
Forward P/E Ratio30.70
P/E GrowthN/A
Sales & Book Value
Annual Sales$863.72 million
Price / Sales2.29
Cash Flow$3.9562 per share
Price / Cash15.52
Book Value$17.80 per share
Price / Book3.45
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$33.11 million
Net Margins3.39%
Return on Equity9.61%
Return on Assets4.04%
Miscellaneous
Employees4,400
Outstanding Shares32,200,000
Albany International (NYSE:AIN) Frequently Asked Questions
What is Albany International's stock symbol?
Albany International trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN."
How often does Albany International pay dividends? What is the dividend yield for Albany International?
Albany International declared a quarterly dividend on Friday, May 11th. Investors of record on Thursday, June 7th will be paid a dividend of $0.17 per share on Monday, July 9th. This represents a $0.68 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Wednesday, June 6th. View Albany International's Dividend History.
How were Albany International's earnings last quarter?
Albany International Corp. (NYSE:AIN) posted its earnings results on Monday, May, 7th. The textile maker reported $0.54 EPS for the quarter, topping the consensus estimate of $0.51 by $0.03. The textile maker had revenue of $229.98 million for the quarter, compared to the consensus estimate of $228.50 million. Albany International had a return on equity of 9.61% and a net margin of 3.39%. During the same quarter in the prior year, the firm posted $0.46 earnings per share. View Albany International's Earnings History.
When is Albany International's next earnings date?
What price target have analysts set for AIN?
1 analysts have issued 12 month price objectives for Albany International's shares. Their predictions range from $64.00 to $64.00. On average, they anticipate Albany International's stock price to reach $64.00 in the next twelve months. View Analyst Ratings for Albany International.
Who are some of Albany International's key competitors?
Some companies that are related to Albany International include Pentair (PNR), Alstom (ALO), Graco (GGG), Allegion (ALLE), Nordson (NDSN), Sealed Air (SEE), Halma (HLMAF), GEA Group Aktiengesellschaft (GEAGY), DAI NIPPON Prtg/S (DNPLY), HITACHI Constr/ADR (HTCMY), Reliance Steel & Aluminum (RS), NINE DRAGONS PA/ADR (NDGPY), ADT (ADT), CAE (CAE) and PrairieSky Royalty (PSK).
Who are Albany International's key executives?
Albany International's management team includes the folowing people:
- Dr. Joseph G. Morone, Pres, CEO & Exec. Director (Age 65)
- Mr. John B. Cozzolino, CFO & Treasurer (Age 52)
- Mr. Robert A. Hansen, Sr. VP & CTO (Age 61)
- Mr. Daniel A. Halftermeyer, Pres of Machine Clothing (Age 57)
- Mr. Olivier M. Jarrault, CEO, Pres & Director (Age 57)
Has Albany International been receiving favorable news coverage?
News stories about AIN stock have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Albany International earned a media sentiment score of 0.16 on Accern's scale. They also gave news headlines about the textile maker an impact score of 46.75 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Albany International's major shareholders?
Albany International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.41%), Dimensional Fund Advisors LP (4.70%), Earnest Partners LLC (4.49%), Westwood Holdings Group Inc. (2.92%), Principal Financial Group Inc. (1.88%) and Principal Financial Group Inc. (1.88%). Company insiders that own Albany International stock include Daniel A Halftermeyer and Robert Alan Hansen. View Institutional Ownership Trends for Albany International.
Which institutional investors are selling Albany International stock?
AIN stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Equity Management, Granite Investment Partners LLC, Vaughan Nelson Investment Management L.P., Dimensional Fund Advisors LP, Comerica Bank, JPMorgan Chase & Co., Dynamic Technology Lab Private Ltd and Gamco Investors INC. ET AL. Company insiders that have sold Albany International company stock in the last year include Daniel A Halftermeyer and Robert Alan Hansen. View Insider Buying and Selling for Albany International.
Which institutional investors are buying Albany International stock?
AIN stock was acquired by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., WINTON GROUP Ltd, BlackRock Inc., Carillon Tower Advisers Inc., Earnest Partners LLC, Loomis Sayles & Co. L P, Principal Financial Group Inc. and Principal Financial Group Inc.. View Insider Buying and Selling for Albany International.
How do I buy shares of Albany International?
Shares of AIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Albany International's stock price today?
One share of AIN stock can currently be purchased for approximately $61.40.
How big of a company is Albany International?
Albany International has a market capitalization of $1.99 billion and generates $863.72 million in revenue each year. The textile maker earns $33.11 million in net income (profit) each year or $1.61 on an earnings per share basis. Albany International employs 4,400 workers across the globe.
How can I contact Albany International?
Albany International's mailing address is 216 AIRPORT DRIVE, ROCHESTER NH, 03867. The textile maker can be reached via phone at 603-330-5850 or via email at [email protected]
MarketBeat Community Rating for Albany International (AIN)
MarketBeat's community ratings are surveys of what our community members think about Albany International and other stocks. Vote "Outperform" if you believe AIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
