Albany International Corporation (NYSE: AIN) is one of 19 public companies in the “Industrial Machinery” industry, but how does it weigh in compared to its rivals? We will compare Albany International Corporation to related companies based on the strength of its earnings, institutional ownership, profitability, dividends, valuation, risk and analyst recommendations.
Earnings & Valuation
This table compares Albany International Corporation and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Albany International Corporation||$819.17 million||$159.88 million||45.38|
|Albany International Corporation Competitors||$702.98 million||$110.82 million||43.95|
Albany International Corporation has higher revenue and earnings than its rivals. Albany International Corporation is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Albany International Corporation pays an annual dividend of $0.68 per share and has a dividend yield of 1.1%. Albany International Corporation pays out 51.1% of its earnings in the form of a dividend. As a group, “Industrial Machinery” companies pay a dividend yield of 1.0% and pay out 17.5% of their earnings in the form of a dividend. Albany International Corporation has increased its dividend for 6 consecutive years.
Risk and Volatility
Albany International Corporation has a beta of 1.7, suggesting that its share price is 70% more volatile than the S&P 500. Comparatively, Albany International Corporation’s rivals have a beta of 1.53, suggesting that their average share price is 53% more volatile than the S&P 500.
This is a summary of current ratings and target prices for Albany International Corporation and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Albany International Corporation||0||1||0||0||2.00|
|Albany International Corporation Competitors||48||307||315||8||2.42|
Albany International Corporation currently has a consensus target price of $52.00, suggesting a potential downside of 13.84%. As a group, “Industrial Machinery” companies have a potential upside of 3.38%. Given Albany International Corporation’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Albany International Corporation has less favorable growth aspects than its rivals.
Institutional & Insider Ownership
91.3% of Albany International Corporation shares are held by institutional investors. Comparatively, 64.8% of shares of all “Industrial Machinery” companies are held by institutional investors. 11.6% of Albany International Corporation shares are held by company insiders. Comparatively, 12.0% of shares of all “Industrial Machinery” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
This table compares Albany International Corporation and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Albany International Corporation||5.06%||9.41%||3.88%|
|Albany International Corporation Competitors||-20.37%||9.30%||3.82%|
Albany International Corporation beats its rivals on 8 of the 15 factors compared.
About Albany International Corporation
Albany International Corp. is focused on textiles and materials processing business. The Company operates through two segments: Machine Clothing and Albany Engineered Composites. The Company’s Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications. The Machine Clothing segment also supplies customized, consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. Its Albany Engineered Composites segment includes Albany Safran Composites, LLC (ASC), in which its customer SAFRAN Group owns interest and provides engineered composite structures based on its technology to customers in the aerospace and defense industries.
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