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Albemarle (ALB)
NYSE:ALB
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ALB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$71.97 - $153.54
Previous Close$88.65
Volume3.69M
Average Volume (3M)2.32M
Market Cap
$10.45B
Enterprise Value$12.61B
Total Cash (Recent Filing)$1.66B
Total Debt (Recent Filing)$3.57B
Price to Earnings (P/E)―
Beta1.67
Next Earnings
Feb 12, 2025EPS Estimate
-$0.65Last Dividend Ex-Date
Dec 13, 2024Dividend Yield1.8%
Share Statistics
EPS (TTM)-16.75
Shares Outstanding117,540,339
10 Day Avg. Volume1,980,066
30 Day Avg. Volume2,316,510
Standard Deviation0.15
R-Squared0.30
Alpha0.00091
Financial Highlights & Ratios
Price to Book (P/B)1.30
Price to Sales (P/S)1.61
Price to Cash Flow (P/CF)10.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.94
Enterprise Value/Gross Profit10.63
Enterprise Value/Ebitda-10.26
Forecast
1Y Price Target
$115.47Price Target Upside30.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Albemarle News
Bulls Say, Bears Say
Bulls Say
Cost ManagementALB's newest round of cost savings measures are expected to yield $300M-$400M annually, greater than expected.
Earnings GrowthAlbemarle is a beneficiary of the growing popularity of electric vehicles, which supports its earnings growth.
Sales Volume GrowthThe company's multiple underdeveloped lithium projects are expected to drive sales volume growth, with a projected CAGR of 20% till 2027.
Bears Say
Financial Performance And ForecastManagement has slashed net sales forecast by 9-15% for the full year, which negatively impacts sentiment in the near term.
Lithium Pricing And Market DynamicsThe recent collapse in lithium pricing adds uncertainty to Albemarle's valuation.
Supply And Demand ImbalanceReports of new lithium capacity coming on-line and few signs of a near-term rebound in demand have increased caution on ALB and the lithium space.
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Ownership Overview
0.21% Insiders
26.56% Mutual Funds
26.83% Other Institutional Investors
15.85% 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 $153.54 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 Feb 12, 2025 which is in 53 days.
How were Albemarle’s earnings last quarter?
Albemarle released its earnings results on Nov 06, 2024. The company reported -$1.55 earnings per share for the quarter, missing the consensus estimate of -$0.439 by -$1.111.
Is Albemarle overvalued?
According to Wall Street analysts Albemarle’s price is currently Undervalued.
Does Albemarle pay dividends?
Albemarle pays a Quarterly dividend of $0.405 which represents an annual dividend yield of 1.8%. See more information on Albemarle dividends here
What is Albemarle’s EPS estimate?
Albemarle’s EPS estimate is -$0.65.
How many shares outstanding does Albemarle have?
Albemarle has 117,540,340 shares outstanding.
What happened to Albemarle’s price movement after its last earnings report?
Albemarle reported an EPS of -$1.55 in its last earnings report, missing expectations of -$0.439. Following the earnings report the stock price went up 3.472%.
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 363M.
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Albemarle Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$115.47 (30.25% Upside)
$115.47 (30.25% Upside)
Blogger Sentiment
Bullish
ALB Sentiment 78%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 4.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $367.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-36.83%
12-Months-Change
Fundamentals
Return on Equity
-18.60%
Trailing 12-Months
Asset Growth
-7.56%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call highlighted strong operational execution and financial flexibility, despite significant challenges from declining lithium prices, leading to revenue and EBITDA declines. Cost-saving initiatives and strong volume growth in energy storage were positive aspects, but the need for workforce reductions and large asset write-offs were significant challenges.Read More>---
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
$115.47
▲(30.25% Upside)
Technical Analysis
Best Analysts Covering ALB
1 Year
1 Year Success Rate
17/37 ratings generated profit
1 Year Average Return
+15.88%
reiterated a buy rating last month
Copying Colin Rusch's trades and holding each position for 1 Year would result in 45.95% of your transactions generating a profit, with an average return of +15.88% per trade.
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