Albemarle Stock Today

ALB
 Stock
  

USD 265.70  6.40  2.47%   

Market Performance
7 of 100
Odds Of Distress
Less than 8
Albemarle Corp is trading at 265.70 as of the 12th of August 2022, a 2.47 percent increase since the beginning of the trading day. The stock's open price was 259.3. Albemarle Corp has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Albemarle Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2020 and ending today, the 12th of August 2022. Click here to learn more.
CUSIP
012653101
Fiscal Year End
December
Business Domain
Materials
IPO Date
17th of February 1994
Category
Basic Materials
Classification
Materials
ISIN
US0126531013
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina. Albemarle Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 116.98 M outstanding shares of which 2.16 M shares are presently shorted by investors with about 1.56 days to cover. More on Albemarle Corp

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Albemarle Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Albemarle Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Albemarle Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Albemarle Corp has very high historical volatility over the last 90 days
Over 85.0% of the company shares are held by institutions such as insurance companies
On 1st of July 2022 Albemarle Corp paid $ 0.395 per share dividend to its current shareholders
Latest headline from www.nasdaq.com: 2 Top Lithium Stocks for Investors to Load Up on Now - Nasdaq
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Albemarle Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Albemarle Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanJerry Masters
SEC FilingsAlbemarle Corp Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Excise Tax ActivitiesAnimal Testing
Fama & French Classification
Average Analyst Recommendation
Analysts covering Albemarle Corp report their recommendations after researching Albemarle Corp's financial statements, talking to executives and customers, or listening in on Albemarle Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Albemarle Corp. The Albemarle consensus assessment is calculated by taking the average forecast from all of the analysts covering Albemarle Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Albemarle Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Albemarle Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares119.6 M115.8 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted120.3 M116.5 M
Sufficiently Up
Increasing
Slightly volatile
Net Cash Flow from Operations481.7 M344.3 M
Significantly Up
Increasing
Stable
Total Assets10 B11 B
Significantly Down
Increasing
Slightly volatile
Total LiabilitiesB5.2 B
Fairly Down
Increasing
Slightly volatile
Current Assets2.3 BB
Fairly Up
Increasing
Slightly volatile
Current Liabilities1.6 B1.9 B
Fairly Down
Increasing
Slightly volatile
Total Debt2.5 B2.4 B
Notably Up
Increasing
Slightly volatile
Return on Average Assets0.01230.012
Fairly Up
Decreasing
Slightly volatile
Gross Margin0.30.3
Steady
Decreasing
Slightly volatile
Asset Turnover0.370.31
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Albemarle Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Albemarle Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Albemarle Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Albemarle Corp's financial leverage. It provides some insight into what part of Albemarle Corp's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Albemarle Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Albemarle Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Albemarle Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.64 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Albemarle Corp has a current ratio of 1.09, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Albemarle Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Albemarle Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Albemarle Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Albemarle to invest in growth at high rates of return. When we think about Albemarle Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

481.75 Million
Albemarle Corp (ALB) is traded on New York Stock Exchange in USA. It is located in 4250 Congress Street, Suite 900, Charlotte, NC 28209, United States and employs 6,000 people. Albemarle Corp is listed under Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 27.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Albemarle Corp's market, we take the total number of its shares issued and multiply it by Albemarle Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Albemarle Corp runs under Basic Materials sector within Specialty Chemicals industry. The entity has 116.98 M outstanding shares of which 2.16 M shares are presently shorted by investors with about 1.56 days to cover. Albemarle Corp has about 463.32 M in cash with 392.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.96.
Check Albemarle Corp Probability Of Bankruptcy
Ownership
Albemarle Corp holds a total of one hundred sixteen million nine hundred eighty thousand outstanding shares. The majority of Albemarle Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Albemarle Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Albemarle Corp. Please pay attention to any change in the institutional holdings of Albemarle Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Albemarle Ownership Details

Albemarle Stock Price Odds Analysis

What are Albemarle Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Albemarle Corp jumping above the current price in 90 days from now is roughly 2.46%. The Albemarle Corp probability density function shows the probability of Albemarle Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6367. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Albemarle Corp will likely underperform. Additionally, the company has an alpha of 0.241, implying that it can generate a 0.24 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 265.7HorizonTargetOdds Above 265.7
97.52%90 days
 265.70 
2.46%
Based on a normal probability distribution, the odds of Albemarle Corp to move above the current price in 90 days from now is roughly 2.46 (This Albemarle Corp probability density function shows the probability of Albemarle Stock to fall within a particular range of prices over 90 days) .

Albemarle Corp Historical Income Statement

Albemarle Corp Income Statement is one of the three primary financial statements used for reporting Albemarle's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Albemarle Corp revenue and expense. Albemarle Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Albemarle Corp Consolidated Income is projected to decrease significantly based on the last few years of reporting. The past year's Consolidated Income was at 199.94 Million. The current year Cost of Revenue is expected to grow to about 2.3 B, whereas Direct Expenses is forecasted to decline to about 2.1 B. View More Fundamentals

Albemarle Stock Against Markets

Picking the right benchmark for Albemarle Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Albemarle Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Albemarle Corp is critical whether you are bullish or bearish towards Albemarle Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Albemarle Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Albemarle Corp Corporate Directors

Albemarle Corp corporate directors refer to members of an Albemarle Corp board of directors. The board of directors generally takes responsibility for the Albemarle Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Albemarle Corp's board members must vote for the resolution. The Albemarle Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Douglas Maine - Independent DirectorProfile
Mary Brlas - Independent DirectorProfile
John Sherman - Independent DirectorProfile
Holly Deursen - Independent DirectorProfile

Invested in Albemarle Corp?

You need to understand the risk of investing before taking a position in Albemarle Corp. The danger of trading Albemarle Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Albemarle Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Albemarle Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Albemarle Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Albemarle Corp information on this page should be used as a complementary analysis to other Albemarle Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Albemarle Corp price analysis, check to measure Albemarle Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Albemarle Corp is operating at the current time. Most of Albemarle Corp's value examination focuses on studying past and present price action to predict the probability of Albemarle Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Albemarle Corp's price. Additionally, you may evaluate how the addition of Albemarle Corp to your portfolios can decrease your overall portfolio volatility.
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Is Albemarle Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albemarle Corp. If investors know Albemarle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albemarle Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.044
Market Capitalization
28.7 B
Quarterly Revenue Growth YOY
0.91
Return On Assets
0.058
Return On Equity
0.0566
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Albemarle Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.