Albemarle Corp Stock Today
| ALB Stock | USD 111.80 2.59 2.26% |
Performance1 of 100
| Odds Of DistressLess than 5
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Albemarle Corp is trading at 111.80 as of the 18th of April 2024, a -2.26 percent decrease since the beginning of the trading day. The stock's open price was 114.39. Albemarle Corp has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak 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 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 17th of February 1994 | Category Basic Materials |
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 117.53 M outstanding shares of which 14.63 M shares are presently shorted by investors with about 3.27 days to cover. More on Albemarle Corp
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Albemarle 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. 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.
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 |
| Chairman | Jerry Masters | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Albert Technologies Ltd, Allbanc Split Corp. II, ALLGAEUER BRAUHAUS, ALBAPAM S.A.] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Specialty Chemicals, Basic Materials, NYSE Composite, SP 500 Index, Chemicals Makers, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Animal Testing | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Albemarle Corp's profitability, liquidity, and operating efficiency, Albemarle Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Albemarle Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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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. Albemarle Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Albemarle Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. 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.
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Albemarle Corp (ALB) is traded on New York Stock Exchange in USA. It is located in 4250 Congress Street, Charlotte, NC, United States, 28209 and employs 9,000 people. Albemarle Corp is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 13.41 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 those looking for more risk prefer small-cap and mid-cap equities. Albemarle Corp runs under Chemicals sector within Materials industry. The entity has 117.53 M outstanding shares of which 14.63 M shares are presently shorted by investors with about 3.27 days to cover.
Albemarle Corp has about 1.5 B in cash with 1.33 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.8.
Check Albemarle Corp Probability Of Bankruptcy
Ownership AllocationAlbemarle Corp retains a total of 117.53 Million 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 is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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 more than 93.0%. 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 3.6845. 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, albemarle Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Albemarle Corp to move above the current price in 90 days from now is more than 93.0 (This Albemarle Corp probability density function shows the probability of Albemarle Stock to fall within a particular range of prices over 90 days) .
Albemarle Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Albemarle Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Albemarle Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Albemarle Corp's value.| Instituion | Recorded On | Shares | |
| Bank Of America Corp | 2023-12-31 | 1.7 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.6 M | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 1.6 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.5 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.3 M | |
| Northern Trust Corp | 2023-12-31 | 1.2 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.2 M | |
| Proshare Advisors Llc | 2023-12-31 | 1.2 M | |
| Amundi | 2023-12-31 | 1 M | |
| Vanguard Group Inc | 2023-12-31 | 14.1 M | |
| Blackrock Inc | 2023-12-31 | 10.2 M |
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.
At present, Albemarle Corp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 198.2 M, whereas Gross Profit is forecasted to decline to about 790.4 M. View More FundamentalsAlbemarle 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. Please also check how Albemarle Corp's historical prices are related to one of the top price index indicators.
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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 the 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.Did you try this?
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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 Director | Profile | |
| Mary Brlas | Independent Director | Profile | |
| John Sherman | Independent Director | Profile | |
| Holly Deursen | Independent Director | Profile |
How to buy Albemarle Stock?
Before investing in Albemarle Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Albemarle Corp. To buy Albemarle Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Albemarle Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Albemarle Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Albemarle Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Albemarle Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Albemarle Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Albemarle Stock please use our How to Invest in Albemarle Corp guide.
Already Invested 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 Sharpe 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.
When determining whether Albemarle Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albemarle Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albemarle Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albemarle Corp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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When running Albemarle Corp's 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 the 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 (0.66) | Dividend Share 1.6 | Earnings Share 13.36 | Revenue Per Share 81.976 | Quarterly Revenue Growth (0.10) |
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 if Albemarle Corp is a good investment 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.