Albemarle Corp (ALB)

NYSE
Currency in USD
83.34
-0.24(-0.29%)
Real-time Data
ALB Scorecard
Full Analysis
High shareholder yield
Fair Value
Day's Range
81.2084.00
52 wk Range
71.97143.19
Key Statistics
Edit
Prev. Close
83.58
Open
82.61
Day's Range
81.2-84
52 wk Range
71.97-143.19
Volume
1.47M
Average Volume (3m)
2.17M
1-Year Change
-31.82%
Book Value / Share
65.73
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
ALB Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
102.24
Upside
+22.67%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 31 consecutive years
Show more

Albemarle Corp Company Profile

Albemarle Corporation provides energy storage solutions 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 for use in lithium batteries used in consumer electronics and electric vehicles, power grids and solar panels, high performance greases, specialty glass used in consumer appliances and electronics, organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates in the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Specialties segment provides bromine and highly specialized lithium solutions for various industries, such as energy, mobility, connectivity, and health comprising fire safety compounds; bromine-based specialty chemicals products, including elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and various bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; 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, including hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical device industries. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Industry
Chemicals
Employees
8300

Albemarle Corp SWOT Analysis


Lithium Leader's Outlook
Albemarle navigates volatile lithium market while positioning for long-term growth in EV and energy storage sectors, facing challenges and opportunities
Financial Rollercoaste
Explore Albemarle's financial performance amidst market volatility, with analysts projecting revenue decline followed by gradual recovery through 2026
Strategic Adaptations
Learn how Albemarle's cost-cutting measures and reduced capital expenditure plans aim to maintain financial stability in a challenging market environment
Analyst Perspectives
Average price target of $134.13, with projections ranging from $85 to $170, reflecting diverse views on Albemarle's future performance and market conditions
Read full SWOT analysis

Albemarle Corp Earnings Call Summary for Q2/2024

  • Net sales declined 40% to $1.4B; energy storage segment grew 37% in volume
  • Comprehensive cost review; idling Kemerton Train 2, halting Train 3/4 construction
  • $1B charge expected in Q3; 2024 capex to be $300-400M lower than 2023
  • Focus on restructuring, productivity savings across manufacturing, procurement, back-office
  • Maintaining long-term growth strategy; details to be provided in Q3 earnings
Last Updated: 2024/08/01, 21:28
Read Full Transcript

Compare ALB to Peers and Sector

Metrics to compare
ALB
Peers
Sector
Relationship
P/E Ratio
−7.4x18.8x−0.1x
PEG Ratio
0.04−0.690.00
Price/Book
1.3x1.6x1.6x
Price / LTM Sales
1.8x1.4x1.2x
Upside (Analyst Target)
7.7%19.1%30.3%
Fair Value Upside
Unlock18.1%4.8%Unlock

Analyst Ratings

10 Buy
17 Hold
2 Sell
Ratings:
29 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 102.24
(+22.67% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -11.2
Dividend Yield
1.94%
Industry Median 1.55%
Annualised payout
1.62
Paid quarterly
5-Years Growth
+1.84%
Growth Streak

Earnings

Latest Release
Feb 12, 2025
EPS / Forecast
-1.09 / -0.64
Revenue / Forecast
1.23B / 1.35B
EPS Revisions
Last 90 days

FAQ

What Is the Albemarle (ALB) Stock Price Today?

The Albemarle stock price today is 83.34

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 Albemarle dividend yield is 1.99%.

What Is the Albemarle Market Cap?

As of today, Albemarle market cap is 9.78B.

What is Albemarle Earnings Per Share?

The Albemarle EPS is -11.20.

What Is the Next Albemarle Earnings Date?

Albemarle will release its next earnings report on 29 Apr 2025.

From a Technical Analysis Perspective, Is ALB a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.