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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 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.
Metrics to compare | ALB | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipALBPeersSector | |
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P/E Ratio | −21.6x | −3.0x | 0.0x | |
PEG Ratio | 0.19 | −0.86 | 0.00 | |
Price/Book | 1.3x | 1.1x | 1.6x | |
Price / LTM Sales | 1.6x | 0.8x | 1.2x | |
Upside (Analyst Target) | 2.2% | 50.1% | 23.7% | |
Fair Value Upside | Unlock | 4.5% | 0.2% | Unlock |