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Albemarle Corp (ALB)

NYSE
Currency in USD
Disclaimer
102.09
+7.78(+8.25%)
Closed
After Hours
100.25-1.84(-1.80%)
ALB Scorecard
Full Analysis
Has raised its dividend for 30 consecutive years
Fair Value
Day's Range
98.40102.10
52 wk Range
71.97177.52
Prev. Close
94.31
Open
99.2
Day's Range
98.4-102.1
52 wk Range
71.97-177.52
Volume
4,790,855
Average Vol. (3m)
2,934,865
1-Year Change
-36.13%
Book Value / Share
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Fair Value
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Fair Value Upside
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ALB Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
111.98
Upside
+9.69%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales decline in the current year
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InvestingPro Research for Albemarle Corp


Future Prospects
Analyst price targets range from $85 to $170, reflecting mixed sentiment on Albemarle's ability to capitalize on long-term growth in EV and energy storage markets
Competitive Landscape
Delve into Albemarle's position as a leading global lithium producer, facing increased competition from Chinese manufacturers and new market entrants
Strategic Adaptation
Discover Albemarle's proactive measures to navigate market challenges, including cost-cutting initiatives and asset optimization strategies
Lithium Market Dynamics
Explore the volatile lithium market's impact on Albemarle, from record highs to sharp declines, and its influence on the company's financial outlook

Albemarle Corp Company Profile

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Specialties segment provides bromine-based specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; develops and manufactures cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. The Ketjen segment offers clean fuels technologies (CFT), which is composed of hydroprocessing catalysts (HPC) together with isomerization and akylation catalysts; fluidized catalytic cracking (FCC) catalysts and additives; and performance catalyst solutions (PCS), which is composed of organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Industry
Chemicals
Employees
7400

Compare ALB to Peers and Sector

Metrics to compare
ALB
Peers
Sector
Relationship
P/E Ratio
−21.7x−3.1x0.0x
PEG Ratio
0.19−0.880.00
Price / Book
1.3x1.1x1.6x
Price / LTM Sales
1.6x0.8x1.2x
Upside (Analyst Target)
−1.6%50.1%22.9%
Fair Value Upside
Unlock6.6%0.2%Unlock

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FAQ

What Is the Albemarle (ALB) Stock Price Today?

The Albemarle stock price today is 102.09

What Stock Exchange Does Albemarle Trade On?

Albemarle is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Albemarle?

The stock symbol for Albemarle is "ALB."

Does Albemarle Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 1.59%.

What Is the Albemarle Market Cap?

As of today, Albemarle market cap is 12.00B.

What is Albemarle Earnings Per Share?

The Albemarle EPS is -4.72.

What Is the Next Albemarle Earnings Date?

Albemarle will release its next earnings report on Nov 06, 2024.
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