Is Albany International Stock a Good Investment?
Albany International Investment Advice | AIN |
- Examine Albany International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Albany International's leadership team and their track record. Good management can help Albany International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Albany International's business and its evolving consumer preferences.
- Compare Albany International's performance and market position to its competitors. Analyze how Albany International is positioned in terms of product offerings, innovation, and market share.
- Check if Albany International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Albany International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Albany International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Albany International is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Albany International Stock
Researching Albany International's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Albany International was presently reported as 31.71. The company has Price/Earnings To Growth (PEG) ratio of 2.0. Albany International last dividend was issued on the 3rd of September 2024. The entity had 102:100 split on the 8th of December 1999.
To determine if Albany International is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Albany International's research are outlined below:
| Albany International generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 7th of October 2024 Albany International paid $ 0.26 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Albany International Rating Lowered to Hold at StockNews.com |
Albany International Quarterly Long Term Debt |
|
Albany International uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Albany International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Albany International's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Albany International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Albany International's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-10-29 | 1999-09-30 | 0.31 | 0.35 | 0.04 | 12 | ||
1999-04-22 | 1999-03-31 | 0.33 | 0.37 | 0.04 | 12 | ||
2015-05-04 | 2015-03-31 | 0.41 | 0.36 | -0.05 | 12 | ||
2001-04-26 | 2001-03-31 | 0.35 | 0.4 | 0.05 | 14 | ||
1995-07-20 | 1995-06-30 | 0.31 | 0.36 | 0.05 | 16 | ||
2016-05-02 | 2016-03-31 | 0.52 | 0.46 | -0.06 | 11 | ||
2013-02-06 | 2012-12-31 | 0.31 | 0.25 | -0.06 | 19 | ||
1995-04-19 | 1995-03-31 | 0.19 | 0.25 | 0.06 | 31 |
Know Albany International's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Albany International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Albany International backward and forwards among themselves. Albany International's institutional investor refers to the entity that pools money to purchase Albany International's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 715.8 K | Sei Investments Co | 2024-06-30 | 708.4 K | Loomis, Sayles & Company Lp | 2024-09-30 | 636.3 K | Principal Financial Group Inc | 2024-09-30 | 586.3 K | Nuveen Asset Management, Llc | 2024-09-30 | 469.2 K | Aristotle Capital Boston, Llc | 2024-09-30 | 466.6 K | Brown Advisory Holdings Inc | 2024-09-30 | 420.2 K | Norges Bank | 2024-06-30 | 408.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 398 K | Blackrock Inc | 2024-06-30 | 4.8 M | Vanguard Group Inc | 2024-09-30 | 3.5 M |
Albany International's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.6 B.Market Cap |
|
Albany International's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.11 | 0.10 | |
| Return On Assets | 0.06 | 0.03 | |
| Return On Equity | 0.12 | 0.10 |
Determining Albany International's profitability involves analyzing its financial statements and using various financial metrics to determine if Albany International is a good buy. For example, gross profit margin measures Albany International's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Albany International's profitability and make more informed investment decisions.
Evaluate Albany International's management efficiency
Albany International 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 4th of December 2024, Return On Tangible Assets is likely to grow to 0.07, while Return On Capital Employed is likely to drop 0.10. At this time, Albany International's Non Currrent Assets Other are very stable compared to the past year. As of the 4th of December 2024, Other Current Assets is likely to grow to about 68.2 M, while Total Assets are likely to drop about 1.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.03 | 32.58 | |
| Tangible Book Value Per Share | 23.82 | 25.01 | |
| Enterprise Value Over EBITDA | 13.20 | 12.54 | |
| Price Book Value Ratio | 3.18 | 1.87 | |
| Enterprise Value Multiple | 13.20 | 12.54 | |
| Price Fair Value | 3.18 | 1.87 | |
| Enterprise Value | 1.2 B | 638.3 M |
The operational strategies employed by Albany International management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Dividend Yield 0.0122 | Forward Dividend Yield 0.0122 | Forward Dividend Rate 1.04 | Beta 1.294 |
Basic technical analysis of Albany Stock
As of the 4th of December, Albany International shows the risk adjusted performance of (0.04), and Mean Deviation of 1.82. Albany International technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Albany International's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Albany International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Albany International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Albany International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Gregory Harwell over three weeks ago Disposition of 1183 shares by Gregory Harwell of Albany International subject to Rule 16b-3 | ||
Daniel Halftermeyer over three months ago Insider Trading | ||
Stone Christopher Eric over three months ago Insider Trading | ||
John Tedone over three months ago Disposition of 546 shares by John Tedone of Albany International subject to Rule 16b-3 | ||
Gunnar Kleveland over six months ago Acquisition by Gunnar Kleveland of 2500 shares of Albany International subject to Rule 16b-3 | ||
Robert Starr over six months ago Disposition of 8158 shares by Robert Starr of Albany International subject to Rule 16b-3 | ||
Robert Hansen over six months ago Acquisition by Robert Hansen of 2281 shares of Albany International subject to Rule 16b-3 |
Albany International's Outstanding Corporate Bonds
Albany International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Albany International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Albany bonds can be classified according to their maturity, which is the date when Albany International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Understand Albany International's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Albany International's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 1.82 | |||
| Coefficient Of Variation | (1,720) | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.75 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 2.73 | |||
| Skewness | (0.58) | |||
| Kurtosis | 5.8 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 1.82 | |||
| Coefficient Of Variation | (1,720) | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.75 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 2.73 | |||
| Skewness | (0.58) | |||
| Kurtosis | 5.8 |
Consider Albany International's intraday indicators
Albany International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Albany International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Albany International Corporate Filings
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 4th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 12th of August 2024 An amendment to a previously filed Form 8-K | ViewVerify |
Albany Stock media impact
Far too much social signal, news, headlines, and media speculation about Albany International that are available to investors today. That information is available publicly through Albany media outlets and privately through word of mouth or via Albany internal channels. However, regardless of the origin, that massive amount of Albany data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Albany International news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Albany International relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Albany International's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Albany International alpha.
Albany International Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Albany International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Albany International Historical Investor Sentiment
Investor biases related to Albany International's public news can be used to forecast risks associated with an investment in Albany. The trend in average sentiment can be used to explain how an investor holding Albany can time the market purely based on public headlines and social activities around Albany International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Albany International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Albany International and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Albany International news discussions. The higher the estimate score, the more favorable the investor's outlook on Albany International.
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.
In summary, please note that there is a difference between Albany International's value and its price, as these two are different measures arrived at by various 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.