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Albany International (AIN)
NYSE:AIN
Albany International (AIN) Stock Price & Analysis
145 Followers
AIN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$77.77 - $99.13
Previous Close$87.95
Volume187.96K
Average Volume (3M)130.14K
Market Cap
$2.75B
Enterprise Value$3.04B
Total Cash (Recent Filing)$173.42M
Total Debt (Recent Filing)$456.88M
Price to Earnings (P/E)24.8
Beta0.90
Next Earnings
Apr 29, 2024EPS Estimate
$0.87Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.15%
Share Statistics
EPS (TTM)3.55
Shares Outstanding31,200,000
10 Day Avg. Volume187,216
30 Day Avg. Volume130,136
Standard Deviation0.10
R-Squared0.44
Alpha-0.00446
Financial Highlights & Ratios
Price to Book (P/B)3.75
Price to Sales (P/S)2.39
Price to Cash Flow (P/CF)9.30
P/FCF Ratio14.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.65
Enterprise Value/Gross Profit7.17
Enterprise Value/Ebitda11.95
Forecast
1Y Price Target
$107.00Price Target Upside21.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Albany International News
Bulls Say, Bears Say
Bulls Say
EarningsAIN posted a healthy EPS beat in 4Q23, led by significant growth in its MC and AEC segments.
Future Growth787 revenues are anticipated to double by 2026, indicating strong future growth prospects.
Management StrategyAIN's new CEO seems inclined to move LEAP work to a fixed price structure, potentially improving profitability.
Bears Say
Company GrowthMuted growth story for AIN in 2024 with low-single-digit organic growth expected in Machine Clothing.
Financial PerformanceHeimbach acquisition expected to be margin dilutive with flat year-over-year revenue growth.
Industry ChallengesOversupply of LEAP fan blades remains a headwind for commercial aero market growth.
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Ownership Overview
3.97% Insiders
32.16% Mutual Funds
27.19% Other Institutional Investors
36.68% 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 $77.77 and its highest was $99.13 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 Apr 29, 2024 which is in 10 days.
How were Albany International’s earnings last quarter?
Albany International released its earnings results on Feb 26, 2024. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.824 by $0.396.
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 1.15%. See more information on Albany International dividends here
What is Albany International’s EPS estimate?
Albany International’s EPS estimate is $0.87.
How many shares outstanding does Albany International have?
Albany International has 31,236,374 shares outstanding.
What happened to Albany International’s price movement after its last earnings report?
Albany International reported an EPS of $1.22 in its last earnings report, beating expectations of $0.824. Following the earnings report the stock price went up 2.124%.
Which hedge fund is a major shareholder of Albany International?
Among the largest hedge funds holding Albany International’s share is Gamco Investors, Inc. ET AL. It holds Albany International’s shares valued at 5M.
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Albany International Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$107.00 (21.83% Upside)
$107.00 (21.83% Upside)
Blogger Sentiment
Bullish
AIN Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $794.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.24%
12-Months-Change
Fundamentals
Return on Equity
12.18%
Trailing 12-Months
Asset Growth
11.74%
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
Q4 2024
0:00 / 0:00
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AIN Stock 12 Months Forecast
Average Price Target
$107.00
▲(21.83% Upside)
Technical Analysis
Best Analysts Covering AIN
1 Year
1 Year Success Rate
2/10 ratings generated profit
1 Year Average Return
-2.98%
assigned a buy rating 24 days ago
Copying Michael Ciarmoli's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -2.98% per trade.
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