Albany Intl (NYSE:AIN) Stock, Quote.Headers.trade-ideas

Albany Intl

Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has an operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.

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Analysts' ratings for Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) over the last quarter vary from bullish to bearish, as provided by 5 analysts.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Albany Intl, revealing an average target of $97.2, a high estimate of $104.00, and a low estimate of $90.00. This current average represents a 7.25% decrease from the previous average price target of $104.80. 
<img src="https://www.benzinga.com/files/images/story/2024/1721242854_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of Albany Intl by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Ciarmoli</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$101.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Ronald Epstein</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$90.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$96.00</td>
<td>$98.00</td>
</tr>
<tr>
<td>Gautam Khanna</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$95.00</td>
<td>$106.00</td>
</tr>
<tr>
<td>Michael Ciarmoli</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$104.00</td>
<td>$121.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Albany Intl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Albany Intl compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Albany Intl's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Albany Intl's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/AIN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Albany Intl analyst ratings.</a>
<h2>Delving into Albany Intl's Background</h2>
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has an operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.
<h3>Understanding the Numbers: Albany Intl's Finances</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Albany Intl displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 16.44%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: Albany Intl's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.71%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Albany Intl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.83%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.5%, the company showcases effective utilization of assets.
Debt Management: Albany Intl's debt-to-equity ratio is below the industry average at 0.45, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Albany Intl Analyst Ratings

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>TD Cowen cut the price target for Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) from $26 to $19. TD Cowen analyst Helane Becker maintained a Hold rating. Southwest shares gained 3.6% to close at $28.71 on Tuesday. <a href="https://www.benzinga.com/quote/LUV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Susquehanna slashed the price target for J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) from $175 to $155. Susquehanna analyst Bascome Majors maintained a Neutral rating. J.B. Hunt Transport shares gained 3.8% to close at $176.00 on Tuesday. <a href="https://www.benzinga.com/quote/JBHT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities decreased the price target for Albany International Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) from $104 to $101. Truist Securities analyst Michael Ciarmoli maintained a Buy rating. Albany International shares gained 4.3% to close at $93.63 on Tuesday. <a href="https://www.benzinga.com/quote/AIN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut Spirit Airlines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) price target from $3.25 to $2.75. B of A Securities analyst Andrew Didora maintained an Underperform rating. Spirit Airlines shares gained 2.9% to close at $3.16 on Tuesday. <a href="https://www.benzinga.com/quote/SAVE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird raised the price target for UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) from $597 to $640. Baird analyst Michael Ha maintained an Outperform rating. UnitedHealth shares gained 6.5% to close at $548.87 on Tuesday. <a href="https://www.benzinga.com/quote/UNH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler slashed BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) price target from $43 to $40. Piper Sandler analyst Ryan Todd maintained a Neutral rating. BP fell 0.4% to close at $34.89 on Tuesday. <a href="https://www.benzinga.com/quote/BP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Guggenheim raised Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) price target from $700 to $735. Guggenheim analyst Michael Morris maintained a Buy rating. Netflix shares fell 0.02% to close at $656.32 on Tuesday. <a href="https://www.benzinga.com/quote/NFLX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham increased Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) price target from $205 to $210. Needham analyst Laura Martin maintained a Buy rating. Amazon shares rose 0.2% to close at $193.02 on Tuesday. <a href="https://www.benzinga.com/quote/AMZN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities slashed Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) price target from $136 to $89. Truist Securities analyst Scot Ciccarelli downgraded the stock from Buy to Hold. Five Below shares gained 2.1% to close at $102.07 on Tuesday. <a href="https://www.benzinga.com/quote/FIVE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>TD Cowen slashed American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) price target from $16 to $10. TD Cowen analyst Helane Becker downgraded the stock from Buy to Hold. American Airlines shares rose 5.3% to close at $11.19 on Tuesday. <a href="https://www.benzinga.com/quote/AAL/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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</ul>

Truist Securities analyst Michael Ciarmoli maintains Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) with a Buy and lowers the price target from $104 to $101.

Truist Securities Maintains Buy on Albany Intl, Lowers Price Target to $101

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) in the last three months.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Albany Intl, presenting an average target of $96.0, a high estimate of $104.00, and a low estimate of $90.00. A 8.57% drop is evident in the current average compared to the previous average price target of $105.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1716984042_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Albany Intl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ronald Epstein</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$90.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$96.00</td>
<td>$98.00</td>
</tr>
<tr>
<td>Gautam Khanna</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$95.00</td>
<td>$106.00</td>
</tr>
<tr>
<td>Michael Ciarmoli</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$104.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Ronald Epstein</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$95.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Albany Intl. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Albany Intl compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Albany Intl's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
For valuable insights into Albany Intl's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/AIN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Albany Intl analyst ratings.</a>
<h2>About Albany Intl</h2>
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has an operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.
<h3>Albany Intl: Financial Performance Dissected</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Albany Intl's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 16.44%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Albany Intl's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.71% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Albany Intl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.83%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Albany Intl's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.5%, the company showcases efficient use of assets and strong financial health.
Debt Management: Albany Intl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.45.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Albany Intl Through 5 Analysts

B of A Securities analyst Ronald Epstein maintains Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) with a Underperform and lowers the price target from $95 to $90.

B of A Securities Maintains Underperform on Albany Intl, Lowers Price Target to $90

Analysts' ratings for Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Albany Intl, revealing an average target of $97.5, a high estimate of $104.00, and a low estimate of $95.00. Highlighting a 9.3% decrease, the current average has fallen from the previous average price target of $107.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1714770058_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Albany Intl. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$96.00</td>
<td>$98.00</td>
</tr>
<tr>
<td>Gautam Khanna</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$95.00</td>
<td>$106.00</td>
</tr>
<tr>
<td>Michael Ciarmoli</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$104.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Ronald Epstein</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$95.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Albany Intl. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Albany Intl compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Albany Intl's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Albany Intl's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/AIN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Albany Intl analyst ratings.</a>
<h2>Delving into Albany Intl's Background</h2>
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has an operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.
<h3>Albany Intl's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Albany Intl showcased positive performance, achieving a revenue growth rate of 16.44% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Albany Intl's net margin is impressive, surpassing industry averages. With a net margin of 8.71%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Albany Intl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.83% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Albany Intl's ROA stands out, surpassing industry averages. With an impressive ROA of 1.5%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Albany Intl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.45.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For Albany Intl's Future

JP Morgan analyst Stephen Tusa maintains Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) with a Neutral and lowers the price target from $98 to $96.

JP Morgan Maintains Neutral on Albany Intl, Lowers Price Target to $96

TD Cowen analyst Gautam Khanna maintains Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) with a Buy and lowers the price target from $106 to $95.

TD Cowen Maintains Buy on Albany Intl, Lowers Price Target to $95

Truist Securities analyst Michael Ciarmoli maintains Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) with a Buy and lowers the price target from $121 to $104.

Truist Securities Maintains Buy on Albany Intl, Lowers Price Target to $104

WIIM

Albany International shares are trading lower after the company reported mixed Q1 results and issued soft FY24 guidance.

Outlook for Full-Year 2024
The company has reaffirmed its guidance for the full year of 2024 as follows:
<ul>
<li>Total company revenue between $1.26 and $1.33 billion</li>
<li>Effective income tax rate between 29% and 31%</li>
<li>Capital expenditures in the range of $90 to $95 million</li>
<li>Adjusted diluted earnings per share between $3.55 and $4.05</li>
<li>Total company Adjusted EBITDA between $260 to $290 million</li>
<li>Machine Clothing revenue between $760 to $790 million</li>
<li>Machine Clothing Adjusted EBITDA between $230 and $250 million</li>
<li>Albany Engineered Composites revenue between $500 to $540 million, and</li>
<li>Albany Engineered Composites Adjusted EBITDA between $97 to $107 million.</li>
</ul>
 &nbsp;

Guidance

Albany International Sees FY24 EPS $3.55-$4.05 Vs $3.97 Est.; Revenue $1.26B-$1.33B Vs $1.3B Est.

Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) reported quarterly earnings of $0.90 per share which beat the analyst consensus estimate of $0.87 by 3.45 percent. This is a 1.1 percent decrease over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $313.33 million which missed the analyst consensus estimate of $313.39 million by 0.02 percent. This is a 16.44 percent increase over sales of $269.10 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Albany Intl Q1 Adj $0.90 Beats $0.87 Estimate, Sales $313.33M Miss $313.39M Estimate

B of A Securities analyst Ronald Epstein downgrades Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) from Neutral to Underperform and lowers the price target from $105 to $95.

Downgrades

B of A Securities Downgrades Albany Intl to Underperform, Lowers Price Target to $95

Albany International Sees FY24 EPS $3.55-$4.05 Vs $4.04 Est.; Revenue $1.26B-$1.33B Vs $1.287B Est.

Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $0.82 by 48.78 percent. The company reported quarterly sales of $323.60 million which beat the analyst consensus estimate of $298.26 million by 8.50 percent. This is a 20.39 percent increase over sales of $268.79 million the same period last year.

Albany Intl Q4 2023 Adj EPS $1.22 Beats $0.82 Estimate, Sales $323.60M Beat $298.26M Estimate

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&bull; Domino&#39;s Pizza (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) is likely to report quarterly earnings at $4.37 per share on revenue of $1.42 billion.
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&bull; Pilgrims Pride (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPC#NASDAQ">PPC</a>) is estimated to report quarterly earnings at $0.40 per share on revenue of $4.47 billion.
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<h3>Companies Reporting After The Bell</h3>
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&bull; Franklin Street Props (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/FSP#AMEX">FSP</a>) is likely to report earnings for its fourth quarter.
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&bull; ONEOK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>) is expected to report quarterly earnings at $1.21 per share on revenue of $5.89 billion.
&bull; Unity Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) is likely to report quarterly loss at $0.42 per share on revenue of $564.02 million.
&bull; Everbridge (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVBG#NASDAQ">EVBG</a>) is projected to report quarterly earnings at $0.49 per share on revenue of $114.66 million.
&bull; MidCap Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFIC#NASDAQ">MFIC</a>) is expected to report quarterly earnings at $0.43 per share on revenue of $67.63 million.
&bull; Zoom Video Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) is projected to report quarterly earnings at $1.15 per share on revenue of $1.13 billion.
&bull; Heidrick &amp; Struggles Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSII#NASDAQ">HSII</a>) is estimated to report quarterly earnings at $0.68 per share on revenue of $248.12 million.
&bull; SkyWater Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYT#NASDAQ">SKYT</a>) is projected to report quarterly loss at $0.12 per share on revenue of $74.84 million.
&bull; FS KKR Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSK#NYSE">FSK</a>) is estimated to report quarterly earnings at $0.75 per share on revenue of $453.28 million.
&bull; CrossAmerica Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAPL#NYSE">CAPL</a>) is expected to report quarterly earnings at $0.22 per share on revenue of $1.11 billion.
&bull; PubMatic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PUBM#NASDAQ">PUBM</a>) is projected to report quarterly earnings at $0.20 per share on revenue of $78.20 million.
&bull; MasterBrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MBC#NYSE">MBC</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $666.70 million.
&bull; Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) is expected to report quarterly earnings at $0.82 per share on revenue of $298.26 million.
&bull; New Mountain Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMFC#NASDAQ">NMFC</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $93.28 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ACHR

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Hims & Hers Health, Inc. Class A Common Stock

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Citigroup Financial 300% Minupon Princ Protected Nts for Russell 2000 Index

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Earnings Scheduled For February 26, 2024

Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) is set to give its latest quarterly earnings report on Monday, 2024-02-26. Here's what investors need to know before the announcement.
Analysts estimate that Albany Intl will report an earnings per share (EPS) of $0.82. 
Albany Intl bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.10, which was followed by a 2.51% drop in the share price the next day.
Here's a look at Albany Intl's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.92</td>
<td>0.92</td>
<td>0.82</td>
<td>0.67</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.02</td>
<td>0.90</td>
<td>0.91</td>
<td>0.75</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.51%</td>
<td>-1.29%</td>
<td>-3.61%</td>
<td>-4.81%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1708696871_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Albany Intl were trading at $91.75 as of February 21. Over the last 52-week period, shares are down 9.95%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/AIN/earnings">To track all earnings releases for Albany Intl visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of Albany Intl's Earnings

Truist Securities analyst Michael Ciarmoli maintains Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) with a Buy and raises the price target from $105 to $121.

Truist Securities Maintains Buy on Albany Intl, Raises Price Target to $121

Friday marks the last chance for investors to receive the next dividend payout from Albany Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 26 cents per share. On Monday, Albany Intl will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 26 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own AIN as of the end of Friday's session are eligible to receive the 26 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 08, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/AIN">Monitor live stock price updates for Albany Intl on Benzinga.</a>

Dividends

Albany Intl: Dividend Insights

The Board of Directors of Albany International Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIN#NYSE">AIN</a>) today declared a quarterly dividend of $0.26 per share on the Company's Class A Common Stock, an increase of 4%, or $0.01 per share, from the prior dividend. The dividend is payable January 8, 2024, to shareholders of record on December 19, 2023.

Albany International Increases Quarterly Cash Dividend From $0.25 To $0.26 Per Share

Albany Non-GAAP EPS of $0.90 beats by $0.02, revenue of $313.3M in-line

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Albany Intl (NYSE:<a href="https://investorplace.com/stock-quotes/ain-stock-quote/">AIN</a>) just reported results for the first quarter of 2024.<ul><li>Albany Intl reported earnings per share of 90 cents. This was above the analyst estimate for EPS of 87 cents.</li><li>The company reported revenue of $313.33 million.</li><li>This was 0.02% worse than the analyst estimate for revenue of $313.39 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/04/ain-stock-earnings-albany-intl-for-q1-of-2024/">AIN Stock Earnings: Albany Intl Beats EPS, Misses Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

AIN Stock Earnings: Albany Intl Beats EPS, Misses Revenue for Q1 2024

Albany International Corp. (AIN) Q1 2024 Earnings Call Transcript

Analyst Peter Arment from Robert W. Baird maintained a Buy rating on Albany International (AIN – Research Report) and keeping the price target at $...

Buy Rating Affirmed for Albany International Amidst Strong Performance and Growth Prospects

Warning: AIN is at high risk of performing badly

Albany declares $0.26 dividend

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Ollie's Bargain Outlet Holding (OLLI – Rese...

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Albany Intl (AIN) Forecast

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