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Albany International (AIN)
NYSE:AIN
Holding AIN?
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AIN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$67.39 - $98.73
Previous CloseN/A
Volume30.30K
Average Volume (3M)203.56K
Market Cap
$2.53B
Enterprise Value$3.03B
Total Cash (Recent Filing)$181.74M
Total Debt (Recent Filing)$432.92M
Price to Earnings (P/E)25.3
Beta1.17
Next Earnings
Feb 18, 2025EPS Estimate
0.66Last Dividend Ex-Date
Dec 17, 2024Dividend Yield1.3%
Share Statistics
EPS (TTM)3.20
Shares Outstanding31,300,000
10 Day Avg. Volume190,035
30 Day Avg. Volume203,558
Standard Deviation0.11
R-Squared0.43
Alpha-0.00785
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.00
Price to Cash Flow (P/CF)13.50
P/FCF Ratio18.70
Enterprise Value/Market Cap1.20
Enterprise Value/Revenue2.39
Enterprise Value/Gross Profit7.15
Enterprise Value/Ebitda12.11
Forecast
1Y Price Target
$83.25Price Target Upside2.29% Upside
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
Earnings GrowthMC is anticipated to be a strong earnings driver as markets recover and synergy capture efforts expand.
Management And OperationsA new management team is in place, addressing challenges with greater operational rigor.
Sales And RevenueHeimbach is expected to recover from a sales slip, with synergy capture and cost containment actions on track.
Bears Say
Growth And DemandAIN'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 DemandMC continues to illustrate a weak demand environment for woven products.
Program 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
31.93% Mutual Funds
0.13% Other Institutional Investors
39.43% 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 $98.73 in the past 12 months.
What is Albany International’s market cap?
Albany International’s market cap is $2.53B.
When is Albany International’s upcoming earnings report date?
Albany International’s upcoming earnings report date is Feb 18, 2025 which is in 20 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 Undervalued.
Does Albany International pay dividends?
Albany International pays a Quarterly dividend of $1.047 which represents an annual dividend yield of 1.3%. See more information on Albany International dividends here
What is Albany International’s EPS estimate?
Albany International’s EPS estimate is 0.66.
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 -4.013%.
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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Analyst Consensus
Hold
Average Price Target:
$83.25 (2.29% Upside)
$83.25 (2.29% Upside)
Blogger Sentiment
Bullish
AIN Sentiment 100%
Sector Average 65%
Sector Average 65%
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 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.97%
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
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there was strong performance in the Machine Clothing segment and solid cash flow generation, significant challenges were faced, particularly in the Engineered Composites segment due to EAC adjustments and ongoing weakness in the LEAP and Boeing programs. The European market also presented headwinds. However, the company's balance sheet remains strong, and there is confidence in long-term growth, especially in defense and new business ventures.Read More>---
AIN Stock 12 Month Forecast
Average Price Target
$83.25
▲(2.29% Upside)
Technical Analysis
Best Analysts Covering AIN
1 Year
1 Year Success Rate
5/16 ratings generated profit
1 Year Average Return
-3.88%
reiterated a buy rating 15 days ago
Copying Michael Ciarmoli's trades and holding each position for 1 Year would result in 31.25% of your transactions generating a profit, with an average return of -3.88% per trade.
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