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

Albany International (NYSE:AIN) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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.

Analysts Set New Price Targets

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

Albany International Stock Performance

NYSE:AIN opened at $75.35 on Thursday. The firm’s fifty day simple moving average is $80.60 and its 200 day simple moving average is $81.65. The firm has a market capitalization of $2.36 billion, a PE ratio of 23.55 and a beta of 1.34. The company has a current ratio of 3.68, a quick ratio of 2.94 and a debt-to-equity ratio of 0.36. Albany International has a 1 year low of $67.39 and a 1 year high of $97.60.

Albany International (NYSE:AIN) last announced its quarterly earnings data on Wednesday, February 26th. The textile maker reported $0.58 earnings per share (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 analyst estimates of $299.52 million. Albany International had a net margin of 7.92% and a return on equity of 12.20%. On average, sell-side analysts anticipate that Albany International will post 3.23 EPS for the current year.

Albany International Announces Dividend

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

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.