Albany International/AIN

$89.54

-1.77%
-
1D1W1MYTD1YMAX

About Albany International

Albany International Corp. is a global advanced textiles and materials processing company. Its segments include Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment supplies consumable permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. It designs, manufactures, and markets paper machine clothing for each section of the paper machine and for every grade of paper. The MC segment also supplies engineered processing belts used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and textile industries. The AEC segment provides engineered, advanced composite structures to customers in the commercial and defense aerospace industries. The AEC segment includes Albany Safran Composites, LLC. AEC also supplies vacuum waste tanks for most Boeing commercial aircraft, as well as the fan case for the GE9X engine.

Ticker

AIN

Sector

Industrials

Trading on

NYSE

Industry

Textiles - Non Apparel

CEO

Gunnar Kleveland

Employees

5,600

Headquarters

Rochester, United States

AIN Metrics

BasicAdvanced
$2.8B
Market cap
25.20
P/E ratio
$3.55
EPS
1.26
Beta
$1.00
Dividend rate
1.16%
Dividend yield
$2.8B
1.26158
$99.41
$78.20
128.23K
$1.00
3.531
2.849
47.086
47.524
28.34%
42.423
15.72%
6.42%
12.18%
7.42%
25.204
2.437
2.905
3.797
86.154
0.95%
1.12%
1.16%
10.92%
16.77%
8.42%
5.25%
9.58%

What the Analysts think about AIN

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 5 analysts.
21.51% upside
High $121.00
Low $95.00
$89.54
Current price
$108.80
Average price target

AIN Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
9.39% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$323.5M
15.08%
Net income
$30.4M
12.18%
Profit margin
9.39%
-2.59%

AIN Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 48.06%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.91
$0.90
$1.02
$1.22
-
Expected
$0.82
$0.92
$0.92
$0.82
$0.87
Surprise
10.44%
-2.17%
10.87%
48.06%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Albany International stock?

Albany International (AIN) has a market cap of $2.8B as of April 15, 2024.

What is the P/E ratio for Albany International stock?

The price to earnings (P/E) ratio for Albany International (AIN) stock is 25.2 as of April 15, 2024.

Does Albany International stock pay dividends?

Yes, the Albany International (AIN) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $1 and the yield is 1.16%. Albany International has a payout ratio of 28.34% on a trailing twelve-month basis.

When is the next Albany International dividend payment date?

The next Albany International (AIN) dividend payment date is unconfirmed.

What is the beta indicator for Albany International?

Albany International (AIN) has a beta rating of 1.26. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Albany International stock price target?

The target price for Albany International (AIN) stock is $108.8, which is 21.51% above the current price of $89.54. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Albany International stock

Buy or sell Albany International stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing