Albany International (NYSE:AIN) Updates FY 2025 Earnings Guidance

Albany International (NYSE:AIN) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.000-3.400 for the period, compared to the consensus earnings per share estimate of 3.800. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Albany International Price Performance

Shares of AIN stock opened at $75.35 on Thursday. The firm’s 50 day moving average price is $80.60 and its two-hundred day moving average price is $81.65. The stock has a market cap of $2.36 billion, a PE ratio of 23.55 and a beta of 1.34. Albany International has a 52-week low of $67.39 and a 52-week high of $97.60. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.94 and a current ratio of 3.68.

Albany International (NYSE:AIN) last announced its quarterly earnings data on Wednesday, February 26th. The textile maker reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.05). Albany International had a return on equity of 12.20% and a net margin of 7.92%. The company had revenue of $286.91 million for the quarter, compared to analyst estimates of $299.52 million. As a group, analysts forecast that Albany International will post 3.23 EPS for the current year.

Albany International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 21st will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Friday, March 21st. Albany International’s payout ratio is presently 33.75%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AIN. Bank of America dropped their price target on Albany International from $90.00 to $80.00 and set an “underperform” rating on the stock in a research report on Friday, November 15th. Truist Financial upped their price target on shares of Albany International from $85.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. reduced their price target on Albany International from $75.00 to $74.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. TD Cowen upgraded Albany International to a “strong-buy” rating in a research note on Thursday, December 19th. Finally, StockNews.com raised Albany International from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.75.

About Albany International

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.