Albany International Corporatio with ticker code (AIN) now have 5 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 108 and 90 suggesting an average Analsyt target price of $99.80. Given that the stocks previous close was at $91.21 this would indicate that there is a potential upside of 9.4%. The 50 day MA is $94.38 and the 200 day MA is $93.94. The total market capitalization for the company now stands at $2,839m. Visit the company website at: https://www.albint.com
The potential market cap would be $3,107m based on the market consensus.
Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. 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, nonwovens, building products, tannery, and textiles. This segment offers forming, pressing, and drying fabrics, as well as process belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, Italy, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.
The company has a dividend yield of 1.1% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 29.97, revenue per share of 33.02 and a 7.12% return on assets.
