Albany International Corporation (NYSE: AIN) is one of 20 public companies in the “Industrial Machinery” industry, but how does it compare to its peers? We will compare Albany International Corporation to related businesses based on the strength of its valuation, analyst recommendations, risk, institutional ownership, dividends, profitability and earnings.
Volatility & Risk
Albany International Corporation has a beta of 1.72, meaning that its stock price is 72% more volatile than the S&P 500. Comparatively, Albany International Corporation’s peers have a beta of 1.62, meaning that their average stock price is 62% more volatile than the S&P 500.
This table compares Albany International Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Albany International Corporation||5.06%||9.24%||3.83%|
|Albany International Corporation Competitors||-19.95%||10.23%||4.22%|
Insider & Institutional Ownership
92.9% of Albany International Corporation shares are held by institutional investors. Comparatively, 65.2% of shares of all “Industrial Machinery” companies are held by institutional investors. 11.6% of Albany International Corporation shares are held by insiders. Comparatively, 12.1% of shares of all “Industrial Machinery” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This is a breakdown of current ratings for Albany International Corporation and its peers, 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||52||322||335||10||2.42|
Albany International Corporation currently has a consensus price target of $52.00, indicating a potential downside of 11.64%. As a group, “Industrial Machinery” companies have a potential upside of 8.23%. Given Albany International Corporation’s peers stronger consensus rating and higher possible upside, analysts plainly believe Albany International Corporation has less favorable growth aspects than its peers.
Valuation & Earnings
This table compares Albany International Corporation and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Albany International Corporation||$779.84 million||$52.73 million||44.25|
|Albany International Corporation Competitors||$666.74 million||$40.55 million||85.92|
Albany International Corporation has higher revenue and earnings than its peers. Albany International Corporation is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Albany International Corporation pays an annual dividend of $0.68 per share and has a dividend yield of 1.2%. 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 1.1% and pay out 17.7% of their earnings in the form of a dividend. Albany International Corporation has raised its dividend for 6 consecutive years.
Albany International Corporation peers beat Albany International Corporation on 9 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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