Press coverage about Albany International (NYSE:AIN) has trended somewhat positive on Monday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Albany International earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the textile maker an impact score of 45.7498253160056 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Albany International (NYSE:AIN) traded down $0.30 during trading hours on Monday, hitting $61.45. 89,400 shares of the company were exchanged, compared to its average volume of 123,947. The company has a current ratio of 2.49, a quick ratio of 1.76 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $1,978.69, a price-to-earnings ratio of 46.20 and a beta of 1.73. Albany International has a fifty-two week low of $43.45 and a fifty-two week high of $65.65.
Albany International (NYSE:AIN) last issued its quarterly earnings results on Monday, October 30th. The textile maker reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.15. The business had revenue of $222.14 million during the quarter. Albany International had a net margin of 5.06% and a return on equity of 9.24%. During the same quarter last year, the firm posted $0.41 EPS.
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About Albany International
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.
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