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Albany International (AIN)
NYSE:AIN
Holding AIN?
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AIN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.39 - $99.41
Previous Close$83.56
Volume19.84K
Average Volume (3M)221.58K
Market Cap
$2.65B
Enterprise Value$2.86B
Total Cash (Recent Filing)$127.22M
Total Debt (Recent Filing)$362.19M
Price to Earnings (P/E)26.1
Beta1.21
Next Earnings
Feb 18, 2025EPS Estimate
$0.65Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.25%
Share Statistics
EPS (TTM)3.20
Shares Outstanding31,300,000
10 Day Avg. Volume313,492
30 Day Avg. Volume221,577
Standard Deviation0.10
R-Squared0.41
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)2.64
Price to Sales (P/S)2.06
Price to Cash Flow (P/CF)13.90
P/FCF Ratio19.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.25
Enterprise Value/Gross Profit6.74
Enterprise Value/Ebitda11.42
Forecast
1Y Price Target
$80.25Price Target Upside-5.20% Downside
Rating ConsensusHold
Number of Analyst Covering4
Albany International News
PremiumCompany Announcements
Albany International Corp. Reports Mixed Q3 2024 Results
Bulls Say, Bears Say
Bulls Say
Management And OperationsManagement asserts that Q3's challenges are being addressed with greater operational rigor, and a new management team is in place.
Market Recovery And EarningsMC is the main earnings driver and should be solidly up as markets recover and Heimbach synergy capture extends.
Sales And SynergyHeimbach should 'catch up' Q3's sales slip in Q4, and MC's synergy capture and cost containment actions remain on track.
Bears Say
Financial PerformanceAIN's MC business continues to present limited growth opportunities, with the segment remaining in decline and Heimbach's integration providing little earnings upside while being margin dilutive.
Market DemandDemand for the LEAP and 787 programs appears uncertain, impacting the decision to adjust production levels.
Operational ChallengesThe ramp of AEC’s largest defense program, CH-53K, continues to be challenged, with a $13.3mn charge booked related to the program due to labor inefficiencies and increased material costs.
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Ownership Overview
1.00% Insiders
32.57% Mutual Funds
27.84% Other Institutional Investors
12.25% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AIN FAQ
What was Albany International’s price range in the past 12 months?
Albany International lowest stock price was $67.39 and its highest was $99.41 in the past 12 months.
What is Albany International’s market cap?
Currently, no data Available
When is Albany International’s upcoming earnings report date?
Albany International’s upcoming earnings report date is Feb 18, 2025 which is in 89 days.
How were Albany International’s earnings last quarter?
Albany International released its earnings results on Oct 30, 2024. The company reported $0.8 earnings per share for the quarter, beating the consensus estimate of $0.567 by $0.233.
Is Albany International overvalued?
According to Wall Street analysts Albany International’s price is currently Overvalued.
Does Albany International pay dividends?
Albany International pays a Quarterly dividend of $0.26 which represents an annual dividend yield of 1.25%. See more information on Albany International dividends here
What is Albany International’s EPS estimate?
Albany International’s EPS estimate is $0.65.
How many shares outstanding does Albany International have?
Albany International has 31,300,000 shares outstanding.
What happened to Albany International’s price movement after its last earnings report?
Albany International reported an EPS of $0.8 in its last earnings report, beating expectations of $0.567. Following the earnings report the stock price went down -4%.
Which hedge fund is a major shareholder of Albany International?
Among the largest hedge funds holding Albany International’s share is Hotchkis & Wiley Capital Management LLC. It holds Albany International’s shares valued at 9M.
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Albany International Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$80.25 (-5.20% Downside)
$80.25 (-5.20% Downside)
Hedge Fund Trend
Increased
By 43.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $317.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.21%
12-Months-Change
Fundamentals
Return on Equity
10.54%
Trailing 12-Months
Asset Growth
-2.07%
Trailing 12-Months
Company Description
Albany International
Albany International Corp. engages in textiles and materials processing. It operates through the Machine Clothing and Albany Engineered Composites segments. The Machine Clothing segment supplies fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The Engineered Composites segment provides composite structures to customers in the commercial and defense aerospace industries. The firm offers regular fabric, consultative, diagnostic, and project specific services. The company was founded on March 8, 1895 and is headquartered in Rochester, NH.
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AIN Earnings Call
Q3 2024
0:00 / 0:00
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AIN Stock 12 Month Forecast
Average Price Target
$80.25
▼(-5.20% Downside)
Technical Analysis
Best Analysts Covering AIN
1 Year
1 Year Success Rate
4/15 ratings generated profit
1 Year Average Return
-2.76%
reiterated a buy rating 17 days ago
Copying Michael Ciarmoli's trades and holding each position for 1 Year would result in 26.67% of your transactions generating a profit, with an average return of -2.76% per trade.
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