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Albemarle (ALB)
NYSE:ALB
Holding ALB?
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ALB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$71.97 - $181.48
Previous Close$86.59
Volume1.98M
Average Volume (3M)3.16M
Market Cap
$10.18B
Enterprise Value$12.13B
Total Cash (Recent Filing)$1.83B
Total Debt (Recent Filing)$3.52B
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Oct 30, 2024EPS Estimate
-$0.25Last Dividend Ex-Date
Sep 13, 2024Dividend Yield1.78%
Share Statistics
EPS (TTM)-4.73
Shares Outstanding117,533,235
10 Day Avg. Volume2,733,981
30 Day Avg. Volume3,158,552
Standard Deviation0.15
R-Squared0.28
Alpha-0.00083
Financial Highlights & Ratios
Price to Book (P/B)1.13
Price to Sales (P/S)1.42
Price to Cash Flow (P/CF)7.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.63
Enterprise Value/Gross Profit10.23
Enterprise Value/Ebitda-36.45
Forecast
1Y Price Target
$108.60Price Target Upside21.57% Upside
Rating ConsensusHold
Number of Analyst Covering20
Albemarle News
PremiumThe Fly
Albemarle rises 11.1%
PremiumThe Fly
Albemarle rises 13.4%
PremiumThe Fly
Albemarle rises 15.9%
Bulls Say, Bears Say
Bulls Say
Competitive AdvantageThe company has the most favorable cost position in the industry, and its competitive advantage could improve over the next couple of cycles.
EarningsEBITDA beat by 39%.
Volume GrowthLithium volumes are trending toward the upper end of the 10-20% year-over-year growth target.
Bears Say
LeverageLeverage could end as high as 3.3x, providing minimal covenant cushion if spot prices persist.
Market PerformanceChemical and spodumene prices have eroded, threatening to put good mines into negative profitability territory.
Market SentimentShares are likely to remain depressed as ALB continues to adjust to depressed pricing in the lithium market.
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Ownership Overview
8.19% Insiders
35.58% Mutual Funds
53.49% Other Institutional Investors
2.74% 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 $71.97 and its highest was $181.48 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 Oct 30, 2024 which is in 40 days.
How were Albemarle’s earnings last quarter?
Albemarle released its earnings results on Jul 31, 2024. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.427 by -$0.387.
Is Albemarle overvalued?
According to Wall Street analysts Albemarle’s price is currently Undervalued.
Does Albemarle pay dividends?
Albemarle pays a Quarterly dividend of $0.41 which represents an annual dividend yield of 1.78%. See more information on Albemarle dividends here
What is Albemarle’s EPS estimate?
Albemarle’s EPS estimate is -$0.25.
How many shares outstanding does Albemarle have?
Albemarle has 117,533,230 shares outstanding.
What happened to Albemarle’s price movement after its last earnings report?
Albemarle reported an EPS of $0.04 in its last earnings report, missing expectations of $0.427. Following the earnings report the stock price went down -0.536%.
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 364M.
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Albemarle Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$108.60 (21.57% Upside)
$108.60 (21.57% Upside)
Blogger Sentiment
Bullish
ALB Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 79.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.63%
12-Months-Change
Fundamentals
Return on Equity
-4.76%
Trailing 12-Months
Asset Growth
-3.77%
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
Q2 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
$108.60
▲(21.57% Upside)
Technical Analysis
Best Analysts Covering ALB
1 Year
1 Year Success Rate
10/24 ratings generated profit
1 Year Average Return
+8.00%
assigned a buy rating last month
Copying Joel Jackson's trades and holding each position for 1 Year would result in 41.67% of your transactions generating a profit, with an average return of +8.00% per trade.
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