Albany International (AIN) Projected to Post Quarterly Earnings on Wednesday

Albany International (NYSE:AIN) will likely be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect Albany International to post earnings of $0.59 per share and revenue of $300.74 million for the quarter. Albany International has set its FY 2025 guidance at 3.000-3.400 EPS.

Albany International (NYSE:AIN) last released 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). The business had revenue of $286.91 million during the quarter, compared to analysts’ expectations of $299.52 million. Albany International had a net margin of 7.92% and a return on equity of 12.20%. On average, analysts expect Albany International to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Albany International Price Performance

AIN stock opened at $65.81 on Monday. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 20.57 and a beta of 1.29. Albany International has a fifty-two week low of $57.71 and a fifty-two week high of $95.47. The company has a quick ratio of 2.94, a current ratio of 3.68 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average price of $70.27 and a 200 day moving average price of $76.28.

Albany International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 7th. Investors of record on Friday, March 21st were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date was Friday, March 21st. Albany International’s dividend payout ratio (DPR) is 38.71%.

Analyst Upgrades and Downgrades

AIN has been the topic of several research reports. Robert W. Baird dropped their price objective on Albany International from $104.00 to $92.00 and set an “outperform” rating on the stock in a report on Friday, February 28th. Truist Financial cut their price target on Albany International from $88.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, April 17th. StockNews.com upgraded shares of Albany International from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Bank of America reduced their price target on shares of Albany International from $80.00 to $75.00 and set an “underperform” rating for the company in a research report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Albany International from $75.00 to $74.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $80.40.

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.