Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Albany International Corp Market Cap
From what 5 stock analysts predict, the share price for Albany International Corp (AIN) might increase by 2.53% in the next year. This is based on a 12-month average estimation for AIN. Price targets go from $75 to $104. The majority of stock analysts believe AIN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assigned AIN 3 buy ratings, 1 hold ratings, and 1 sell ratings. This means that analysts expect Albany International Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AIN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AIN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Ronald Epstein B of A Securities | Underperform | $80 | Maintains | Nov 15, 2024 |
| Michael Ciarmoli Truist Securities | Buy | $85 | Maintains | Nov 1, 2024 |
| Gautam Khanna TD Cowen | Buy | $81 | Maintains | Oct 4, 2024 |
| Michael Ciarmoli Truist Securities | Buy | $91 | Maintains | Oct 3, 2024 |
| Michael Ciarmoli Truist Securities | Buy | $101 | Maintains | Jul 17, 2024 |
| Ronald Epstein B of A Securities | Underperform | $90 | Maintains | May 29, 2024 |
| Stephen Tusa JP Morgan | Neutral | $96 | Maintains | May 3, 2024 |
| Gautam Khanna TD Cowen | Buy | $95 | Maintains | May 1, 2024 |
| Michael Ciarmoli Truist Securities | Buy | $104 | Maintains | May 1, 2024 |
| Ronald Epstein B of A Securities | Underperform | $95 | Downgrade | Mar 28, 2024 |
| Michael Ciarmoli Truist Securities | Buy | $121 | Maintains | Jan 10, 2024 |
| Gautam Khanna TD Cowen | Outperform | $106 | Upgrade | Sep 18, 2023 |
| Peter Arment Baird | Outperform | $120 | Upgrade | Jul 14, 2023 |
| Michael Ciarmoli Truist Securities | Buy | $105 | Reiterates | Jun 15, 2023 |
| Michael Ciarmoli Truist Securities | Buy | $105 | Upgrade | Apr 27, 2023 |
| Peter Arment Baird | Neutral | $101 | Maintains | Oct 26, 2022 |
| Michael Ciarmoli Truist Securities | Hold | $80 | Downgrade | Oct 12, 2022 |
| Peter Skibitski Alembic Global | Neutral | Downgrade | Aug 16, 2022 | |
| Ronald Epstein B of A Securities | Neutral | $90 | Downgrade | Feb 22, 2022 |
| Michael Ciarmoli Truist Securities | Buy | $100 | Upgrade | Jan 7, 2022 |
When did it IPO
1987
Staff Count
5,600
Country
United States
Sector/Industry
Consumer Cyclical/Textile Manufacturing
CEO
Mr. Gunnar Kleveland
Market Cap
$2.59B
In 2023, AIN generated $1.15B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AIN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 20 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - AAP, AIN, and CDW have been assigned a Zacks Rank #5 (Strong Sell) as of November 20, 2024, indicating potential concerns for investors.
Why It Matters - AAP, AIN, and CDW receiving a Zacks Rank #5 signals potential financial struggles, indicating possible declines in stock performance and heightened risk for investors.
Fri, 15 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Heimbach Switzerland AG, part of Albany International Corp. (NYSE: AIN), plans to consult on discontinuing operations in Olten, Switzerland, transferring production to other facilities.
Why It Matters - Heimbach's plan to discontinue Swiss operations may impact Albany International's production capacity and costs, influencing stock performance and investor sentiment.
Fri, 08 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - AOS, AIN, and ARCAY have been designated as Zacks Rank #5 (Strong Sell) as of November 8, 2024.
Why It Matters - AOS, AIN, and ARCAY being ranked as Strong Sell indicates potential declines in their stock performance, signaling increased risk for investors holding these stocks.
Fri, 01 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - AIN, BIDU, and SKFRY were added to the Zacks Rank #5 (Strong Sell) List as of November 1, 2024.
Why It Matters - The addition of AIN, BIDU, and SKFRY to the Zacks Rank #5 indicates a bearish outlook, suggesting potential declines in stock performance and increased risk for investors.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Albany International Corp. (NYSE: AIN) will hold its Q3 2024 earnings conference call on October 30, 2024, at 9:00 AM ET, featuring key company executives and analysts from major firms.
Why It Matters - The upcoming earnings call for Albany International Corp. provides insights into financial performance, strategic direction, and market expectations, which can influence stock pricing and investment decisions.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Albany International Corp. (NYSE: AIN) reported Q3 2024 revenues of $298 million and year-to-date free cash flow of $78 million, focusing on operational improvements and addressing facility issues.
Why It Matters - Albany International's strong cash flow and operational focus suggest financial stability, potentially boosting investor confidence and impacting stock performance positively.
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