Albemarle Corp (ALB)

NYSE
Currency in USD
Disclaimer
102.39
+2.13(+2.12%)
Real-time Data
ALB Scorecard
Full Analysis
Has raised its dividend for 30 consecutive years
Fair Value
Day's Range
99.76102.63
52 wk Range
71.97177.52
Prev. Close
100.26
Open
102.25
Day's Range
99.76-102.63
52 wk Range
71.97-177.52
Volume
1,857,475
Average Volume (3m)
3,007,463
1-Year Change
-35.63%
Book Value / Share
Unlock
Fair Value
Unlock
Fair Value Upside
Unlock
ALB Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
112.56
Upside
+9.93%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales decline in the current year
Show more

InvestingPro Research for Albemarle Corp


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
Strategic Adaptation
Discover Albemarle's proactive measures to navigate market challenges, including cost-cutting initiatives and asset optimization strategies
Competitive Landscape
Delve into Albemarle's position as a leading global lithium producer, facing increased competition from Chinese manufacturers and new market entrants
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

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
−21.6x−3.0x0.0x
PEG Ratio
0.19−0.860.00
Price/Book
1.3x1.1x1.6x
Price / LTM Sales
1.6x0.8x1.2x
Upside (Analyst Target)
2.2%50.1%23.7%
Fair Value Upside
Unlock4.5%0.2%Unlock

People Also Watch

364.48
ULTA
-0.01%
47.56
SMCI
+4.87%
225.30
FSLR
-0.15%
146.80
ARM
+2.23%
132.19
NVDA
-0.53%

FAQ

What Is the Albemarle (ALB) Stock Price Today?

The Albemarle (ALB) stock price today is 102.39. Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

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 (ALB) dividend yield is 1.62%.

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 05 Nov 2024.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.