Albany International (NYSE:AIN) Updates 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 (EPS) guidance of 3.000-3.400 for the period, compared to the consensus 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

AIN stock traded down $1.07 during trading on Wednesday, reaching $78.90. 251,520 shares of the company were exchanged, compared to its average volume of 152,417. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.94 and a current ratio of 3.68. The stock’s 50 day moving average price is $80.60 and its 200 day moving average price is $81.65. Albany International has a 52-week low of $67.39 and a 52-week high of $98.73. The company has a market cap of $2.47 billion, a P/E ratio of 24.66 and a beta of 1.34.

Albany International (NYSE:AIN) last announced its quarterly earnings results on Wednesday, February 26th. The textile maker reported $0.58 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.05). Albany International had a return on equity of 12.20% and a net margin of 7.92%. As a group, analysts predict that Albany International will post 3.23 earnings per share for the current fiscal year.

Albany International Announces Dividend

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 issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Friday, March 21st. Albany International’s dividend payout ratio (DPR) is 33.75%.

Wall Street Analyst Weigh In

Several research firms recently commented on AIN. JPMorgan Chase & Co. decreased 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. Bank of America reduced their price target on shares of Albany International from $90.00 to $80.00 and set an “underperform” rating on the stock in a report on Friday, November 15th. Truist Financial raised their price objective on shares of Albany International from $85.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. TD Cowen raised 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 research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Albany International presently has a consensus rating of “Moderate Buy” and an average price target of $80.75.

Albany International Company Profile

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.