Albany International (AIN) AI Stock Analysis

• Market Cap: $2.01B
• Dividend Yield: 1.59%
• Average Volume (3M): 300.00K
• Price to Earnings (P/E): 23.5
• Beta (1Y): 1.15
• Revenue Growth: 7.20%
• EPS Growth: -21.29%
• Country: US
• Employees: 5,400
• Sector: Consumer Cyclical
• Sector Strength: 63
• Industry: Apparel - Manufacturers
• EPS (TTM): 2.80
• Shares Outstanding: 30,600,164
• 10 Day Avg. Volume: 242,264
• 30 Day Avg. Volume: 299,999
• PEG Ratio: 17.11
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 6.93
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $79.00
• Price Target Upside: 26.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

Albany International's overall stock score reflects a solid financial foundation with steady revenue growth and effective cost management. The company's valuation is moderate, offering some appeal to investors. However, technical indicators point to bearish sentiment, and challenges in the AEC segment impact profitability. The new contract with Bell Textron is a positive strategic development that could enhance future growth.

Positive Factors

Future Outlook

The company reaffirmed its 2025 outlook, expecting adjusted EPS and revenue within previously set ranges.

Negative Factors

Acquisition Outcomes

The Heimbach acquisition has yet to deliver accretive growth while tariff risk could further hit Machine Clothing’s portfolio.

Demand Challenges

The analyst maintains an Underperform rating due to anticipated demand challenges ahead for Albany International.

Financial Performance

Albany International reported earnings with a decline in revenue and margins, missing estimates from BofA.

Inventory Pressure

Revenues from LEAP remain pressured by excess fan blade inventory held at Safran, GE, and AIN, restricting margin upside.

Program Execution

Existing execution challenges on Albany Engineered Composites (AEC)’s largest programs appear poised to impede profitability.

Albany International Business Overview & Revenue Model

Company Description

Albany International Corp. is a global advanced textiles and materials processing company primarily engaged in the production of engineered fabrics and materials. The company operates in two main sectors: Machine Clothing and Albany Engineered Composites. Albany International's core products include high-performance fabrics used in the production of paper and paperboard, as well as advanced composite materials for aerospace and other industries.

How the Company Makes Money

Albany International makes money through its two main business segments. The Machine Clothing segment generates revenue by producing custom-designed fabrics and belts essential for the manufacturing process in the paper and pulp industry, providing critical components to enhance productivity and efficiency. The Albany Engineered Composites segment contributes to revenue through the development and sale of advanced composite structures, primarily used in the aerospace industry for commercial and military aircraft. Significant partnerships with major aerospace manufacturers, along with long-term contracts, bolster the company's earnings. The company's revenue streams are diversified across multiple geographies and customer bases, ensuring a stable financial performance.

Albany International Financial Statement Overview

Summary

Albany International's financial performance shows mixed results. Although past profitability metrics were strong, the absence of current revenue and profit data is concerning. The balance sheet is solid with a good equity base, but declining cash reserves could pose future challenges. Cash flow management appears effective, but the lack of recent data limits a full evaluation.

Income Statement

Albany International experienced a decline in total revenue from the previous year, with no revenue reported in the most recent period. The company's gross profit and net income were similarly not reported. This indicates potential challenges in revenue generation. Although EBIT and EBITDA margins were healthy in prior years, the absence of current data raises concerns about profitability.

Balance Sheet

The company's balance sheet shows a solid equity position with a Debt-to-Equity ratio of approximately 0.34. Stockholders' equity forms a substantial part of total assets, indicating a robust financial structure. However, a decline in total assets and cash equivalents over the years suggests potential liquidity issues.

Cash Flow

Albany International has demonstrated stable free cash flow generation over the years. However, the free cash flow growth rate from the previous period shows a notable increase, signaling effective cash management. The operating cash flow to net income ratio is strong, but the lack of current period data limits a comprehensive assessment.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.23B	1.15B	1.03B	929.24M	900.61M
	Gross Profit
401.78M	417.37M	389.78M	378.39M	371.07M
	EBIT
131.36M	172.36M	181.02M	178.01M	166.08M
	EBITDA
131.36M	257.82M	218.71M	251.10M	223.47M
	Net Income Common Stockholders
87.62M	111.12M	95.76M	118.48M	98.59M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
115.28M	173.42M	291.78M	302.04M	241.32M
	Total Assets
1.65B	1.84B	1.64B	1.56B	1.55B
	Total Debt
387.20M	514.86M	444.93M	350.00M	398.01M
	Net Debt
271.92M	341.44M	153.15M	47.96M	156.69M
	Total Liabilities
699.75M	867.69M	774.71M	678.46M	730.07M
	Stockholders Equity
943.54M	961.37M	863.05M	873.97M	816.07M
Cash Flow		Free Cash Flow
138.19M	63.63M	31.87M	163.78M	97.86M
	Operating Cash Flow
218.44M	148.06M	128.21M	217.47M	140.25M
	Investing Cash Flow
-80.18M	-217.90M	-96.35M	-53.70M	-42.39M
	Financing Cash Flow
-183.83M	-52.64M	-23.65M	-99.64M	-60.67M

Albany International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 62.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIN, the sentiment is Negative. The current price of 62.21 is below the 20-day moving average (MA) of 64.06, below the 50-day MA of 69.94, and below the 200-day MA of 79.07, indicating a bearish trend. The MACD of -1.45 indicates Negative momentum. The RSI at 37.68 is Neutral, neither overbought nor oversold. The STOCH value of 59.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AIN.

Albany International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIN	68 Neutral	$2.01B	23.52	9.20%	1.59%	7.20%	-21.29%
GIII	67 Neutral	$1.11B	5.90	11.99%	―	2.66%	14.16%
SGC	66 Neutral	$171.70M	14.33	6.05%	5.39%	4.12%	36.65%
Sector *	61 Neutral	$6.55B	11.72	3.07%	4.01%	2.66%	-21.27%
UFI	49 Neutral	$92.49M	―	-12.60%	―	1.57%	38.38%
HBI	47 Neutral	$1.62B	―	-43.06%	―	-29.44%	-1343.00%
LAKE	44 Neutral	$155.11M	―	-13.39%	0.73%	34.10%	-432.13%

Albany International Corporate Events

Albany International Secures Contract with Bell Textron

Albany International‘s subsidiary, Albany Engineered Composites, Inc., has secured a seven-year contract with Bell Textron, Inc. to produce composite structure components for the Bell 525 helicopter. This agreement marks a strategic partnership with Bell, enhancing AEC’s presence in the rotorcraft business and potentially opening up further opportunities for collaboration in the aerospace sector.

Spark’s Take on AIN Stock

According to Spark, TipRanks’ AI Analyst, AIN is a Neutral.

Albany International’s overall score reflects a mixed financial performance with concerns about recent profitability data. The technical analysis suggests bearish market sentiment, while valuation remains moderate. Despite challenges, the earnings call highlights strategic initiatives aimed at future growth, balancing against current operational difficulties.

To see Spark’s full report on AIN stock, click here.

Albany International Announces VP Controller Resignation

On March 10, 2025, Albany International Corp. announced the resignation of John J. Tedone, its Vice President – Controller and Chief Accounting Officer, effective March 20, 2025. Mr. Tedone is leaving to pursue another professional opportunity, and his departure is not due to any disagreements related to financial disclosures or accounting practices. Robert Starr, the Executive Vice President and Chief Financial Officer, will temporarily assume the role of Principal Accounting Officer until a successor is appointed. The company has started the search for a new Controller and Chief Accounting Officer.