Albany International Corp. (NYSE: AIN) has reported E.P.S. of $0.58 for its third fiscal quarter (ending September 30) versus $0.87 for the same period a year ago — a decline of -33%. For the latest four quarters through September 30, E.P.S. were $3.22 compared to $3.17 a year ago — an increase of 2%.
Recent Price Action
Albany International Corp. (NYSE: AIN) stock closed at $70.75 on 10/30/24 after a modest decline of -1.3%. Trading volume in this decline was normal. The stock has declined -2.1% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AIN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Albany International has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Albany International has a neutral Appreciation Score of 46 but a poor Power Rating of 18, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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