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Albemarle (ALB)
NYSE:ALB
Albemarle (ALB) Stock Price & Analysis
4,892 Followers
ALB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$106.35 - $245.42
Previous Close$130.78
Volume1.35M
Average Volume (3M)3.45M
Market Cap
$15.57B
Enterprise Value$19.79B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.17B
Price to Earnings (P/E)47.6
Beta1.74
Next Earnings
Jul 31, 2024EPS Estimate
$0.53Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.22%
Share Statistics
EPS (TTM)2.75
Shares Outstanding117,527,473
10 Day Avg. Volume2,666,029
30 Day Avg. Volume3,445,037
Standard Deviation0.15
R-Squared0.34
Alpha0.00274
Financial Highlights & Ratios
Price to Book (P/B)2.00
Price to Sales (P/S)1.56
Price to Cash Flow (P/CF)-38.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.06
Enterprise Value/Gross Profit16.69
Enterprise Value/Ebitda24.15
Forecast
1Y Price Target
$146.42Price Target Upside10.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Albemarle News
PremiumPress Releases
Albemarle Announces Quarterly Dividend
Bulls Say, Bears Say
Bulls Say
Financial FlexibilityALB has reduced capital spending, providing room for financial flexibility if lithium prices stabilize.
Market OutlookExpectations for Energy Storage volumes to be at the high end of the guidance range due to strong project ramps and spodumene sales.
Stock ValuationAnalyst reiterates overweight rating on ALB, seeing upside to target price of $145.
Bears Say
Financial PerformanceValuation adjustments reflect higher interest expense with EPS estimates revised downwards and price target declining to reflect incremental debt.
Market DynamicsKey risks include volatility in lithium prices, competitor supply additions, and slower EV adoption or technology changes.
Stock DilutionThe issuance of preferred equity results in approximately 16% dilution at the current stock price.
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Ownership Overview
8.18% Insiders
35.37% Mutual Funds
35.23% Other Institutional Investors
21.22% 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 81 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 1.22%. See more information on Albemarle dividends here
What is Albemarle’s EPS estimate?
Albemarle’s EPS estimate is $0.53.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$146.42 (10.55% Upside)
$146.42 (10.55% 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
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.49%
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
$146.42
▲(10.55% 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
11/23 ratings generated profit
1 Year Average Return
+14.60%
reiterated a buy rating 2 months ago
Copying Joel Jackson's trades and holding each position for 1 Year would result in 47.83% of your transactions generating a profit, with an average return of +14.60% per trade.
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