Albany International Corp. (AIN)

Market Cap	2.72B
Revenue (ttm)	1.09B
Net Income (ttm)	98.80M
Shares Out	31.20M
EPS (ttm)	3.16
PE Ratio	27.89
Forward PE	22.57
Dividend	$1.00 (1.14%)
Ex-Dividend Date	Sep 1, 2023

Volume	134,085
Open	86.89
Previous Close	87.08
Day's Range	86.58 - 88.17
52-Week Range	78.20 - 115.39
Beta	1.27
Analysts	Strong Buy
Price Target	110.33 (+25.18%)
Earnings Date	Nov 6, 2023

About AIN

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. 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, nonwovens, building products, tannery, and textiles. This segment offers forming, pressing, and drying fabrics, as well as process belts; and engineered fabrics. The AEC segment 3D-woven an...

• Industry: Textile Manufacturing
• Sector: Consumer Discretionary
• IPO Date: Sep 30, 1987
• Employees: 4,100
• Stock Exchange: NYSE
• Ticker Symbol: AIN

Financial Performance

In 2022, AIN's revenue was $1.03 billion, an increase of 11.37% compared to the previous year's $929.24 million. Earnings were $95.76 million, a decrease of -19.17%.

Analyst Forecast

According to 3 analysts, the average rating for AIN stock is "Strong Buy." The 12-month stock price forecast is $110.33, which is an increase of 25.18% from the latest price.

Price Target

$110.33

(25.18% upside)

Analyst Consensus: Strong Buy