About
About Albany International Corporation
Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company operates through 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, paperboard, tissues, towels, pulps, building products, tannery, and textiles, as well as nonwovens, fiber cement, and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as processing belts; and engineered fabrics. Its AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. The company sells its products to commercial and defense markets, space-launch vehicles and the emerging advanced air mobility market, as well as to customer end-users. Albany International Corp. was incorporated in 1895 and is headquartered in Portsmouth, New Hampshire.
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5 years, 4 months ago
Albany International Corp is currently in a long term uptrend where the price is trading 12.6% above its 200 day moving average.
From a valuation standpoint, the stock is 96.7% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 3.1.
Albany International Corp's total revenue sank by 12.0% to $227M since the same quarter in the previous year.
Its net income has dropped by 5.5% to $28M since the same quarter in the previous year.
Finally, its free cash flow fell by 16.9% to $46M since the same quarter in the previous year.
Based on the above factors, Albany International Corp gets an overall score of 2/5.