Albany International Corporation
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- Market Cap.:
- $3.01 billion
- Book Value:
- Revenue TTM:
- $1.03 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $389.78 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Albany International Corporation had its IPO on 1987-09-30 under the ticker symbol AIN.
The company operates in the Consumer Cyclical sector and Textile Manufacturing industry. Albany International Corporation has a staff strength of 4,100 employees.
Shares of Albany International Corporation opened at $89.98 at the start of the last trading session i.e. 2023-03-23.
The stocks traded within a range of $87.91 - $90.39, and closed at $88.32.
This is a -1.54% slip from the previous day's closing price.
A total volume of 140,486 shares were traded at the close of the day’s session.
In the last one week, shares of Albany International Corporation have slipped by -0.88%.
Albany International Corporation's Key Ratios
Albany International Corporation has a market cap of $3.01 billion, indicating a price to book ratio of 3.9286 and a price to sales ratio of 3.0793.
In the last 12-months Albany International Corporation’s revenue was $1.03 billion with a gross profit of $389.78 million and an EBITDA of $249.55 million. The EBITDA ratio measures Albany International Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Albany International Corporation’s operating margin was 17.61% while its return on assets stood at 7.12% with a return of equity of 11.06%.
In Q4, Albany International Corporation’s quarterly earnings growth was a negative -34.6% while revenue growth was a positive 12%.
Albany International Corporation’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $3.04 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Albany International Corporation’s profitability.
Albany International Corporation stock is trading at a EV to sales ratio of 3.3561 and a EV to EBITDA ratio of 14.8002. Its price to sales ratio in the trailing 12-months stood at 3.0793.
Albany International Corporation stock pays annual dividends of $0.88 per share, indicating a yield of 1.03% and a payout ratio of 23.77%.
Balance sheet and cash flow metrics
- Total Assets
- $1.64 billion
- Total Liabilities
- $211.32 million
- Operating Cash Flow
- Capital Expenditure
- $43.52 million
- Dividend Payout Ratio
Albany International Corporation ended 2023 with $1.64 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.64 billion while shareholder equity stood at $863.05 million.
Albany International Corporation ended 2023 with $15.64 million in deferred long-term liabilities, $211.32 million in other current liabilities, 41000.00 in common stock, $931.32 million in retained earnings and $178.22 million in goodwill. Its cash balance stood at $291.78 million and cash and short-term investments were $291.78 million. The company’s total short-term debt was $0 while long-term debt stood at $439.00 million.
Albany International Corporation’s total current assets stands at $838.44 million while long-term investments were $27.91 million and short-term investments were $0. Its net receivables were $348.71 million compared to accounts payable of $69.71 million and inventory worth $139.05 million.
In 2023, Albany International Corporation's operating cash flow was $-96348000.00 while its capital expenditure stood at $43.52 million.
Comparatively, Albany International Corporation paid $0.24 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Albany International Corporation stock is currently trading at $88.32 per share. It touched a 52-week high of $115.3942 and a 52-week low of $115.3942. Analysts tracking the stock have a 12-month average target price of $100.2.
Its 50-day moving average was $102.21 and 200-day moving average was $92.55 The short ratio stood at 1.91 indicating a short percent outstanding of 0%.
Around 95.5% of the company’s stock are held by insiders while 10351.6% are held by institutions.
Frequently Asked Questions About Albany International Corporation
Similar Industry Stocks (Textile Manufacturing)
Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, nonwovens, building products, tannery, and textiles. This segment offers forming, pressing, and drying fabrics, as well as process belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, Italy, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.