Albany International Corp. (AIN)

Market Cap	2.62B
Revenue (ttm)	1.27B
Net Income (ttm)	100.39M
Shares Out	31.30M
EPS (ttm)	3.20
PE Ratio	26.11
Forward PE	24.20
Dividend	$1.04 (1.25%)
Ex-Dividend Date	Sep 3, 2024

Volume	454,366
Open	82.81
Previous Close	83.53
Day's Range	82.62 - 84.25
52-Week Range	67.39 - 99.41
Beta	1.29
Analysts	Buy
Price Target	85.50 (+2.32%)
Earnings Date	Oct 30, 2024

About AIN

Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming...

• Industry: Textile Manufacturing
• Sector: Consumer Discretionary
• IPO Date: Sep 30, 1987
• Employees: 5,600
• Stock Exchange: NYSE
• Ticker Symbol: AIN
• Website: https://www.albint.com

Financial Performance

In 2023, Albany International's revenue was $1.15 billion, an increase of 10.92% compared to the previous year's $1.03 billion. Earnings were $111.12 million, an increase of 16.04%.

Analyst Forecast

According to 4 analysts, the average rating for AIN stock is "Buy." The 12-month stock price forecast is $85.5, which is an increase of 2.32% from the latest price.

Price Target

$85.5

(2.32% upside)

Analyst Consensus: Buy