Investors’ Patience Is Being Tested Right Now By Albany International Corp (NYSE: AIN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Albany International Corp is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Textile Manufacturing industry. The current market capitalization of Albany International Corp is $2.09B. A total of 0.52 million shares were traded on the day, compared to an average of 264.09K shares.

In the most recent transaction, Gaug Joseph M bought 1,000 shares of AIN for 71.24 per share on Nov 05 ’24. After the transaction, the VP-General Counsel & Secretary now owns 6,811 company shares. In a previous transaction on Nov 05 ’24, Starr Robert D. bought 1,000 shares at 71.38 per share. AIN shares that CFO & TREASURER owns now total 3,610.

Among the insiders who bought shares, Hansen Robert Alan acquired of 1,050 shares on Nov 05 ’24 at a per-share price of $71.26. This resulted in the Senior Vice President & CTO holding 8,387 shares of AIN after the transaction. In another insider transaction, Kleveland Gunnar bought 1,400 shares at $71.25 per share on Nov 05 ’24. Company shares held by the President and CEO now total 8,284.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Albany International Corp pays an annual dividend of $1.07, resulting in a dividend yield of 1.55%, and it has a price to earnings (P/E) ratio of 27.85.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, AIN has a high of $95.47 and a low of $57.71.

As of this writing, AIN has an earnings estimate of $0.74 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.85 per share and a lower estimate of $0.66.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AIN’s latest balance sheet shows that the firm has $302.04M in Cash & Short Term Investments as of fiscal 2021. There were $380.85M in debt and $208.17M in liabilities at the time. Its Book Value Per Share was $29.80, while its Total Shareholder’s Equity was $877.61M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AIN is Buy with a score of 3.75.

Related Posts

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.