- Previous Close
91.48 - Open
91.00 - Bid --
- Ask --
- Day's Range
90.75 - 93.17 - 52 Week Range
90.02 - 215.82 - Volume
2,082,329 - Avg. Volume
2,794,644 - Market Cap (intraday)
10.681B - Beta (5Y Monthly) 1.58
- PE Ratio (TTM)
32.93 - EPS (TTM)
2.76 - Earnings Date Jul 31, 2024
- Forward Dividend & Yield 1.62 (1.78%)
- Ex-Dividend Date Sep 13, 2024
- 1y Target Est
131.74
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
View MorePerformance Overview: ALB
Trailing total returns as of 7/24/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: ALB
View MoreValuation Measures
Market Cap
10.68B
Enterprise Value
14.38B
Trailing P/E
32.93
Forward P/E
49.75
PEG Ratio (5yr expected)
2.06
Price/Sales (ttm)
1.27
Price/Book (mrq)
1.15
Enterprise Value/Revenue
1.71
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
4.02%
Return on Assets (ttm)
-2.68%
Return on Equity (ttm)
3.86%
Revenue (ttm)
8.4B
Net Income Avi to Common (ttm)
325.76M
Diluted EPS (ttm)
2.76
Balance Sheet and Cash Flow
Total Cash (mrq)
2.06B
Total Debt/Equity (mrq)
31.08%
Levered Free Cash Flow (ttm)
-2.53B
Research Analysis: ALB
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Research Reports: ALB
View MoreMid Cap U.S. Pick List July 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.
Recent weakness offers buying opportunity
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 TargetAt midday Wednesday, the major benchmarks were higher after the Consumer Price
At midday Wednesday, the major benchmarks were higher after the Consumer Price Index showed flat prices from the prior month. All of the major indices are higher, with the S&P 500 up 1.2%, the Nasdaq Composite up about 1.9%, the Russell 2000 popping almost 3%, and the Dow Jones Industrial Average bringing up the rear with a gain of 0.4%. So all is well, for now. Still ahead today is the release of the Federal Reserve's so-called 'dot plot,' which certainly has the power to impact sentiment. Elsewhere, the yield on the benchmark 10-year Treasury note was down 12 basis points to 4.28%, crude oil was up 1% at $78 per barrel, and Bitcoin was about 4% higher.
Mid Cap U.S. Pick List June 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.