Albany International Corp. (NYSE:AIN), might not be a large cap stock, but it saw significant share price movement during recent months on the NYSE, rising to highs of US$94.16 and falling to the lows of US$77.33. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Albany International's current trading price of US$77.72 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Albany International’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

Check out our latest analysis for Albany International

What Is Albany International Worth?

Good news, investors! Albany International is still a bargain right now. According to our valuation, the intrinsic value for the stock is $114.68, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. Although, there may be another chance to buy again in the future. This is because Albany International’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.

What kind of growth will Albany International generate?

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. However, with a relatively muted profit growth of 0.7% expected over the next year, growth doesn’t seem like a key driver for a buy decision for Albany International, at least in the short term.

What This Means For You

Are you a shareholder? Even though growth is relatively muted, since AIN is currently undervalued, it may be a great time to increase your holdings in the stock. However, there are also other factors such as capital structure to consider, which could explain the current undervaluation.

Are you a potential investor? If you’ve been keeping an eye on AIN for a while, now might be the time to enter the stock. Its future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy AIN. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed buy.