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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$78.20 - $99.41
Previous Close$88.47
Volume66.92K
Average Volume (3M)151.39K
Market Cap
$2.73B
Enterprise Value$3.03B
Total Cash (Recent Filing)$116.44M
Total Debt (Recent Filing)$377.06M
Price to Earnings (P/E)25.3
Beta0.93
Next Earnings
Oct 21, 2024EPS Estimate
$0.92Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.18%
Share Statistics
EPS (TTM)3.50
Shares Outstanding31,200,000
10 Day Avg. Volume152,280
30 Day Avg. Volume151,387
Standard Deviation0.10
R-Squared0.42
Alpha-0.00745
Financial Highlights & Ratios
Price to Book (P/B)2.85
Price to Sales (P/S)2.17
Price to Cash Flow (P/CF)8.10
P/FCF Ratio10.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.42
Enterprise Value/Gross Profit7.14
Enterprise Value/Ebitda11.34
Forecast
1Y Price Target
$101.50Price Target Upside15.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Albany International News
PremiumCompany Announcements
Albany International Names Merle Stein President of Machine Clothing
PremiumCompany Announcements
Albany International Names Christopher E. Stone New AEC President
PremiumPre-Earnings
Is AIN a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
BacklogBacklog now at approximately $1.1 billion, up 39% year over year, providing about three years of visibility excluding LEAP revenues.
Integration EffortsHeimbach's integration efforts remain on track to support healthy incremental EBITDA growth through 2026+.
Sales PerformanceAEC sales increased 20% year over year to $134.4 million.
Bears Say
Financial PerformanceMargins at both segments fell and robust growth signals from the company’s portfolio are lacking.
Operational EfficiencyHiring continued to be a challenge, raising concerns about AIN's ability to execute efficiently on its program backlog.
Segment PerformanceThere is significant downside risk to management’s expectations for performance at Albany Engineered Composites (AEC).
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Ownership Overview
3.99% Insiders
34.01% Mutual Funds
56.08% Other Institutional Investors
5.93% 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 $78.20 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 Oct 21, 2024 which is in 30 days.
How were Albany International’s earnings last quarter?
Albany International released its earnings results on Aug 06, 2024. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.907 by -$0.017.
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 $0.26 which represents an annual dividend yield of 1.18%. See more information on Albany International dividends here
What is Albany International’s EPS estimate?
Albany International’s EPS estimate is $0.92.
How many shares outstanding does Albany International have?
Albany International has 31,200,000 shares outstanding.
What happened to Albany International’s price movement after its last earnings report?
Albany International reported an EPS of $0.89 in its last earnings report, missing expectations of $0.907. Following the earnings report the stock price went up 1.834%.
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 6M.
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Albany International Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$101.50 (15.95% Upside)
$101.50 (15.95% Upside)
Hedge Fund Trend
Increased
By 21.0K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.50%
12-Months-Change
Fundamentals
Return on Equity
11.66%
Trailing 12-Months
Asset Growth
2.62%
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
Q2 2024
0:00 / 0:00
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AIN Stock 12 Month Forecast
Average Price Target
$101.50
▲(15.95% Upside)
Technical Analysis
Best Analysts Covering AIN
1 Year
1 Year Success Rate
4/13 ratings generated profit
1 Year Average Return
-0.83%
reiterated a buy rating last month
Copying Michael Ciarmoli's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of -0.83% per trade.
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