NYSE
AIN

Albany International Corporation

Textile Manufacturing
Consumer Cyclical

Prices are adjusted according to historical splits.

Albany International Corporation Stock Price

Vitals

Today's Low:
$84.8475
Today's High:
$86.15
Open Price:
$86
52W Low:
$74.8621
52W High:
$115.3942
Prev. Close:
$86.13
Volume:
70483

Company Statistics

Market Cap.:
$3.01 billion
Book Value:
27.741
Revenue TTM:
$1.03 billion
Operating Margin TTM:
17.61%
Gross Profit TTM:
$389.78 million
Profit Margin:
9.25%
Return on Assets TTM:
7.12%
Return on Equity TTM:
11.06%

Company Profile

Albany International Corporation had its IPO on 1987-09-30 under the ticker symbol AIN.

The company operates in the Consumer Cyclical sector and Textile Manufacturing industry. Albany International Corporation has a staff strength of 4,100 employees.

Stock update

Shares of Albany International Corporation opened at $86 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $84.85 - $86.15, and closed at $85.28.

This is a -0.99% slip from the previous day's closing price.

A total volume of 70,483 shares were traded at the close of the day’s session.

In the last one week, shares of Albany International Corporation have slipped by -8.63%.

Albany International Corporation's Key Ratios

Albany International Corporation has a market cap of $3.01 billion, indicating a price to book ratio of 3.9286 and a price to sales ratio of 3.0793.

In the last 12-months Albany International Corporation’s revenue was $1.03 billion with a gross profit of $389.78 million and an EBITDA of $249.55 million. The EBITDA ratio measures Albany International Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Albany International Corporation’s operating margin was 17.61% while its return on assets stood at 7.12% with a return of equity of 11.06%.

In Q4, Albany International Corporation’s quarterly earnings growth was a negative -34.6% while revenue growth was a positive 12%.

Albany International Corporation’s PE and PEG Ratio

Forward PE
0
Trailing PE
31.8257
PEG
2

Its diluted EPS in the last 12-months stands at $3.04 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Albany International Corporation’s profitability.

Albany International Corporation stock is trading at a EV to sales ratio of 3.3561 and a EV to EBITDA ratio of 14.8002. Its price to sales ratio in the trailing 12-months stood at 3.0793.

Albany International Corporation stock pays annual dividends of $0.88 per share, indicating a yield of 1.03% and a payout ratio of 23.77%.

Balance sheet and cash flow metrics

Total Assets
$1.64 billion
Total Liabilities
$211.32 million
Operating Cash Flow
$-96348000.00
Capital Expenditure
$43.52 million
Dividend Payout Ratio
23.77%

Albany International Corporation ended 2024 with $1.64 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.64 billion while shareholder equity stood at $863.05 million.

Albany International Corporation ended 2024 with $15.64 million in deferred long-term liabilities, $211.32 million in other current liabilities, 41000.00 in common stock, $931.32 million in retained earnings and $178.22 million in goodwill. Its cash balance stood at $291.78 million and cash and short-term investments were $291.78 million. The company’s total short-term debt was $0 while long-term debt stood at $439.00 million.

Albany International Corporation’s total current assets stands at $838.44 million while long-term investments were $27.91 million and short-term investments were $0. Its net receivables were $348.71 million compared to accounts payable of $69.71 million and inventory worth $139.05 million.

In 2024, Albany International Corporation's operating cash flow was $-96348000.00 while its capital expenditure stood at $43.52 million.

Comparatively, Albany International Corporation paid $0.24 in dividends in 2024.

Other key metrics

Current Trading Price
$85.28
52-Week High
$115.3942
52-Week Low
$74.8621
Analyst Target Price
$100.2

Albany International Corporation stock is currently trading at $85.28 per share. It touched a 52-week high of $115.3942 and a 52-week low of $115.3942. Analysts tracking the stock have a 12-month average target price of $100.2.

Its 50-day moving average was $92.06 and 200-day moving average was $94.74 The short ratio stood at 1.91 indicating a short percent outstanding of 0%.

Around 95.5% of the company’s stock are held by insiders while 10351.6% are held by institutions.

Frequently Asked Questions About Albany International Corporation

The stock symbol (also called stock or share ticker) of Albany International Corporation is AIN

The IPO of Albany International Corporation took place on 1987-09-30

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About

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 and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, Italy, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Address

216 Airport Drive, Rochester, NH, United States, 03867