Albemarle Corporation (ALB)
- Previous Close
115.27 - Open
113.53 - Bid 112.53 x 900
- Ask 112.67 x 800
- Day's Range
111.05 - 114.50 - 52 Week Range
106.69 - 247.44 - Volume
719,745 - Avg. Volume
3,427,951 - Market Cap (intraday)
13.276B - Beta (5Y Monthly) 1.65
- PE Ratio (TTM)
8.46 - EPS (TTM)
13.36 - Earnings Date May 1, 2024
- Forward Dividend & Yield 1.60 (1.39%)
- Ex-Dividend Date Mar 14, 2024
- 1y Target Est
149.34
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.
www.albemarle.com9,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: ALB
Performance Overview: ALB
Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: ALB
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Statistics: ALB
Valuation Measures
Market Cap
13.55B
Enterprise Value
16.94B
Trailing P/E
8.63
Forward P/E
34.48
PEG Ratio (5yr expected)
1.42
Price/Sales (ttm)
1.41
Price/Book (mrq)
1.44
Enterprise Value/Revenue
1.76
Enterprise Value/EBITDA
21.37
Financial Highlights
Profitability and Income Statement
Profit Margin
16.36%
Return on Assets (ttm)
1.73%
Return on Equity (ttm)
18.71%
Revenue (ttm)
9.62B
Net Income Avi to Common (ttm)
1.57B
Diluted EPS (ttm)
13.36
Balance Sheet and Cash Flow
Total Cash (mrq)
889.9M
Total Debt/Equity (mrq)
44.60%
Levered Free Cash Flow (ttm)
-1.9B
Research Analysis: ALB
Company Insights: ALB
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: ALB
Mid Cap U.S. Pick List April 2024
This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.
Analyst Report: Albemarle Corp.
Albemarle is a global manufacturer of highly engineered specialty chemicals for a wide range of markets. The company became a top manufacturer of lithium (used in a number of industries but particularly for batteries in electric cars) through its January 2015 acquisition of Rockwood Holdings. Its other leading products are bromine, which is used in fire safety solutions, and catalysts used in oil refining.
RatingPrice TargetMarket Update: ALB, CC
U.S. stocks were lower on Monday morning as investors await key inflation data (CPI) on Tuesday. Expectations are for headline CPI to tick up sequentially to 0.4% from 0.3% last month, leaving the annual rate unchanged at 3.1%. Core CPI is expected to increase at 0.3%, down from 0.4% -- which will bring annual core CPI to 3.7%, down from 3.9% last month. The Dow fell 0.3%, the S&P 500 was down 0.4%, and the Nasdaq lost 0.4%. Crude oil traded near $78 per barrel, while gold rose $4 to $2189 per ounce.
Mid Cap U.S. Pick List March 2024
This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.