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Albemarle (ALB)
NYSE:ALB
Albemarle (ALB) Stock Price & Analysis
4,906 Followers
ALB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$106.35 - $245.42
Previous Close$129.62
Volume1.92M
Average Volume (3M)3.39M
Market Cap
$15.23B
Enterprise Value$19.65B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.17B
Price to Earnings (P/E)47.2
Beta1.75
Next Earnings
Jul 31, 2024EPS Estimate
$0.66Next Dividend Ex-Date
Jun 14, 2024Dividend Yield1.23%
Share Statistics
EPS (TTM)2.75
Shares Outstanding117,527,473
10 Day Avg. Volume2,729,047
30 Day Avg. Volume3,394,208
Standard Deviation0.15
R-Squared0.34
Alpha0.00274
Financial Highlights & Ratios
Price to Book (P/B)2.09
Price to Sales (P/S)1.58
Price to Cash Flow (P/CF)-40.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.04
Enterprise Value/Gross Profit16.57
Enterprise Value/Ebitda23.99
Forecast
1Y Price Target
$147.60Price Target Upside13.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21
Albemarle News
PremiumPress Releases
Albemarle Announces Quarterly Dividend
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst recommends the stock with a price target increase to $128, reflecting confidence in the company's continued financial growth.
Market PositionAlbemarle maintains a strong market position with high-quality resources and vertical integration, poised for success in the electric vehicle market transition.
Operational EfficiencyThe reduction in pricing lag within the Greenbushes JV is expected to minimize future revenue discrepancies, enhancing operational efficiency.
Bears Say
Financial PerformanceEquity income declined significantly, reflecting a troubling trend in profitability.
Funding ConcernsThe convertible deal creates liquidity but comes at the cost of dilution, potentially increasing outstanding shares significantly upon mandatory conversion.
Operational ChallengesChallenges in ramping lithium capacity could hinder the company's ability to meet increasing market demand.
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Ownership Overview
8.18% Insiders
35.37% Mutual Funds
37.10% Other Institutional Investors
19.35% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ALB FAQ
What was Albemarle’s price range in the past 12 months?
Albemarle lowest stock price was $106.35 and its highest was $245.41 in the past 12 months.
What is Albemarle’s market cap?
Currently, no data Available
When is Albemarle’s upcoming earnings report date?
Albemarle’s upcoming earnings report date is Jul 31, 2024 which is in 80 days.
How were Albemarle’s earnings last quarter?
Albemarle released its earnings results on May 01, 2024. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.253 by $0.007.
Is Albemarle overvalued?
According to Wall Street analysts Albemarle’s price is currently Undervalued.
Does Albemarle pay dividends?
Albemarle pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 1.23%. See more information on Albemarle dividends here
What is Albemarle’s EPS estimate?
Albemarle’s EPS estimate is $0.66.
How many shares outstanding does Albemarle have?
Albemarle has 117,527,470 shares outstanding.
What happened to Albemarle’s price movement after its last earnings report?
Albemarle reported an EPS of $0.26 in its last earnings report, beating expectations of $0.253. Following the earnings report the stock price went up 5.294%.
Which hedge fund is a major shareholder of Albemarle?
Among the largest hedge funds holding Albemarle’s share is PRIMECAP Management Co. It holds Albemarle’s shares valued at 502M.
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Albemarle Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$147.60 (13.87% Upside)
$147.60 (13.87% Upside)
Blogger Sentiment
Bullish
ALB Sentiment 88%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.69%
12-Months-Change
Fundamentals
Return on Equity
3.25%
Trailing 12-Months
Asset Growth
8.36%
Trailing 12-Months
Company Description
Albemarle
Albemarle Corp. is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment engages in developing and manufacture of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Catalysts segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC.
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ALB Company Deck
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ALB Earnings Call
Q1 2024
0:00 / 0:00
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ALB Net sales Breakdown
73.61% Energy Storage
15.41% Specialties
10.98% Ketjen
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ALB Stock 12 Month Forecast
Average Price Target
$147.60
▲(13.87% Upside)
Technical Analysis
Chemours Company
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Sociedad Quimica Y Minera SA
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Mosaic Co
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Compass Minerals International
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Best Analysts Covering ALB
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
-0.53%
reiterated a buy rating 10 days ago
Copying Ben Kallo's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of -0.53% per trade.
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