Albany International Corp is a textile manufacturing business based in the US. Albany International shares (AIN) are listed on the NYSE and all prices are listed in US Dollars. Albany International employs 4,000 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Albany International
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – AIN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- AIN shares summary
- Compare share dealing platforms
- Is AIN stock a buy or sell?
- Stock performance over time
- Can I short AIN shares?
- Are AIN shares over-valued?
- Albany International's financials
- How volatile are AIN shares?
- Does Albany International pay a dividend?
- Have AIN shares ever split?
- Other common questions
Albany International stock price (NYSE: AIN)Use our graph to track the performance of AIN stocks over time.
Albany International shares at a glance
|Latest market close||$89.35|
|52-week range||$45.81 - $93.43|
|50-day moving average||$87.35|
|200-day moving average||$83.74|
|Wall St. target price||$90.50|
|Dividend yield||$0.78 (0.96%)|
|Earnings per share (TTM)||$3.62|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Albany International stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Albany International price performance over time
|1 week (2021-07-16)||N/A|
|1 month (2021-06-25)||-3.14%|
|3 months (2021-04-27)||-0.58%|
|6 months (2021-01-23)||N/A|
|1 year (2020-07-23)||N/A|
|2 years (2019-07-23)||N/A|
|3 years (2018-07-23)||N/A|
|5 years (2016-07-23)||N/A|
Is Albany International under- or over-valued?
Valuing Albany International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Albany International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Albany International's P/E ratio
Albany International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Albany International shares trade at around 23x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Albany International's PEG ratio
Albany International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Albany International's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Albany International's EBITDA
Albany International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $243.7 million.
The EBITDA is a measure of a Albany International's overall financial performance and is widely used to measure a its profitability.
Albany International financials
|Revenue TTM||$887.2 million|
|Operating margin TTM||19.42%|
|Gross profit TTM||$371.1 million|
|Return on assets TTM||7.19%|
|Return on equity TTM||15.68%|
|Market capitalisation||$2.6 billion|
TTM: trailing 12 months
Shorting Albany International shares
There are currently 362,111 Albany International shares held short by investors – that's known as Albany International's "short interest". This figure is 24.8% down from 481,296 last month.
There are a few different ways that this level of interest in shorting Albany International shares can be evaluated.
Albany International's "short interest ratio" (SIR)
Albany International's "short interest ratio" (SIR) is the quantity of Albany International shares currently shorted divided by the average quantity of Albany International shares traded daily (recently around 128408.15602837). Albany International's SIR currently stands at 2.82. In other words for every 100,000 Albany International shares traded daily on the market, roughly 2820 shares are currently held short.
However Albany International's short interest can also be evaluated against the total number of Albany International shares, or, against the total number of tradable Albany International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Albany International's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Albany International shares in existence, roughly 10 shares are currently held short) or 0.0119% of the tradable shares (for every 100,000 tradable Albany International shares, roughly 12 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Albany International.
Find out more about how you can short Albany International stock.
Albany International share dividends
Dividend payout ratio: 20.73% of net profits
Recently Albany International has paid out, on average, around 20.73% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.99% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Albany International shareholders could enjoy a 0.99% return on their shares, in the form of dividend payments. In Albany International's case, that would currently equate to about $0.78 per share.
While Albany International's payout ratio might seem low, this can signify that Albany International is investing more in its future growth.
Albany International's most recent dividend payout was on 7 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 June 2021 (the "ex-dividend date").
Have Albany International's shares ever split?
Albany International's shares were split on a 102:100 basis on 7 December 1999. So if you had owned 100 shares the day before before the split, the next day you'd have owned 102 shares. This wouldn't directly have changed the overall worth of your Albany International shares – just the quantity. However, indirectly, the new 2% lower share price could have impacted the market appetite for Albany International shares which in turn could have impacted Albany International's share price.
Albany International share price volatility
Over the last 12 months, Albany International's shares have ranged in value from as little as $45.8073 up to $93.43. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Albany International's is 1.4614. This would suggest that Albany International's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Albany International overview
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 manufacturing papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts. It also provides supplies engineered fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries. This segment sells its products directly to end-user customers.
Stocks similar to Albany International
Albany International in the news
Albany International: Q2 Earnings Snapshot
Albany International Reports Second-Quarter 2021 Results, Raises 2021 Guidance
Earnings Scheduled For July 26, 2021
Frequently asked questionsWhat percentage of Albany International is owned by insiders or institutions?
Currently 0.735% of Albany International shares are held by insiders and 101.622% by institutions. How many people work for Albany International?
Latest data suggests 4,000 work at Albany International. When does the fiscal year end for Albany International?
Albany International's fiscal year ends in December. Where is Albany International based?
Albany International's address is: 216 Airport Drive, Rochester, NH, United States, 03867 What is Albany International's ISIN number?
Albany International's international securities identification number is: US0123481089 What is Albany International's CUSIP number?
Albany International's Committee on Uniform Securities Identification Procedures number is: 012348108
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