Albemarle Corp (ALB)

276.81
-10.42(-3.63%)
After Hours
277.94
+1.13(+0.41%)
- Real-time Data
  • Volume:
    1,405,848
  • Day's Range:
    276.59 - 290.18
  • 52 wk Range:
    169.93 - 334.55
Earnings results expected in 8 days

Albemarle will announce its quarterly financial results in 8 days. Traders should take this into account as the share price often fluctuates around this time period.

ALB Overview

Prev. Close
287.23
Day's Range
276.59-290.18
Revenue
4.7B
Open
286.36
52 wk Range
169.93-334.55
EPS
13.27
Volume
1,405,848
Market Cap
32.45B
Dividend (Yield)
1.58
(0.57%)
Average Vol. (3m)
1,460,470
P/E Ratio
20.94
Beta
1.52
1-Year Change
28.14%
Shares Outstanding
117,152,794
Next Earnings Date
Feb 15, 2023
What is your sentiment on Albemarle?
or
Market is currently closed. Voting is open during market hours.

Albemarle Corp News

Albemarle Corp Analysis

Albemarle Corp Company Profile

Albemarle Corp Company Profile

Industry
Chemicals
Employees
6000

Albemarle Corporation is a developer, manufacturer and marketer of specialty chemicals, which serves its customers across a diverse range of end markets, including energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals and crop protection. It operates through three segments. Lithium segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents, including butyllithium and lithium aluminum hydride. Bromine segment’s business includes products used in fire safety solutions and other specialty chemicals applications. Its fire safety technology enables the use of plastics by enhancing the flame-resistant properties of these materials. Catalysts segment’s three product lines include Clean Fuels Technologies, fluidized catalytic cracking catalysts and additives, and performance catalyst solutions.

Read More

Technical Summary

Type
5 Min
15 Min
Hourly
Daily
Monthly
Moving AveragesStrong SellStrong SellSellBuyStrong Buy
Technical IndicatorsStrong SellStrong SellStrong SellStrong BuyStrong Buy
SummaryStrong SellStrong SellStrong SellStrong BuyStrong Buy
  • Earnings Feb. 15 expect a huge gap up get in now $$$$
    0
    • Up over $12 YEAH BABY!!
      0
      • yes dude they raised earnings expectations
        0
    • This is overinflated piece of junk
      0
      • You call world’s biggest lithium mining company and also a dividend aristocrat stock as a piece of junk? Are you serious? I’m curious about your thesis why this company is a piece of junk.
        0
    • ALB is a STRONG BUY get on board this train is taking off
      0
      • lithium ionic corp.excellent drilling results
        0
        • whydid it fall 30 dollars today?
          0
          • Probably Australia mining
            0
          • Speculation there will be Lithium over supply next year...but In long term there will be increased demand for lithium for batteries ect.
            0
          • It is just manipulation in my opinion. The profit 📈 keeps on going up
            0
        • Food for thought and comments welcome! I am not impressed with ALB's sluggish revenues in 2020 and 2021. With increased demand and higher selling prices, revenues should be growing agressively YOY. EV sales is expected to be higher and grow faster in China; much of the world's lithium supply is in China and this is also where the majority of batteries are being made. I got out of ALB and into the ETF LIT which has a large exposure to China lithium related companies (besides ALB as the number 1 holding with 10% and China nearly 45%). Holdings still not ideal but better than ALB alone and good enough to stay in the lithium game. Also stock in those Chinese companies are not easy to purchase through your regular broker. See here for details on the ETF: https://etfdb.com/etf/LIT/#holdings; also TESLA has signed a deal with Ganfeng last November.
          2
          • ALB is the clear #1 holding in LIT and has been trouncing the etf for years...just goes to show you can't count on individual stocks, better to stick with broad market etfs and funds
            0
          • And now look at thr revent earning revisions (2x in the last 3 weeks)
            0
        • MP’s initial magnetics facility in Fort Worth, Texas, will source materials from Mountain Pass, California, restoring a fully integrated U.S. supply chainMP has entered a long-term agreement with General Motors to supply U.S.-sourced and manufactured rare earth alloy and magnets to power more than a dozen models using GM’s Ultium PlatformThe facility will produce NdFeB alloy and magnets with the potential to power approximately 500,000 EV motors per year; a gradual production ramp is expected to begin in 2023
          0
          • What could be the impact of higher rate on this?
            0
            • That this action is very inflated the P / E is very high these actions are practically floating
              0
            • Well, I closed my positions weeks ago.
              0
          • 🚀🚀🚀
            1