ALB Stock Overview
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Albemarle Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$116.88 |
| 52 Week High | US$247.44 |
| 52 Week Low | US$106.69 |
| Beta | 1.65 |
| 1 Month Change | -9.25% |
| 3 Month Change | -2.47% |
| 1 Year Change | -36.98% |
| 3 Year Change | -30.50% |
| 5 Year Change | 51.69% |
| Change since IPO | 1,512.14% |
Recent News & Updates
Dirt Cheap: Why Albemarle Is My Favorite EV Stock In A Horrible Market
Apr 08At US$119, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?
Mar 27
Albemarle Is Losing Money, Lithium Market Turnaround Is Near (Rating Upgrade)
Mar 26Recent updates
Dirt Cheap: Why Albemarle Is My Favorite EV Stock In A Horrible Market
Apr 08At US$119, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?
Mar 27Albemarle Is Losing Money, Lithium Market Turnaround Is Near (Rating Upgrade)
Mar 26Albemarle: When A Growth Stock Was A Cyclical Stock All Along (Rating Upgrade)
Mar 04Albemarle (NYSE:ALB) Is Due To Pay A Dividend Of $0.40
Feb 26Albemarle's (NYSE:ALB) Conservative Accounting Might Explain Soft Earnings
Feb 22Need To Know: Analysts Just Made A Substantial Cut To Their Albemarle Corporation (NYSE:ALB) Estimates
Feb 16Albemarle: It's Time To Look At Lithium
Feb 05Albemarle: Overvaluation Amid Current Headwinds
Jan 30Calculating The Intrinsic Value Of Albemarle Corporation (NYSE:ALB)
Jan 28Albemarle: There May Be More Pain
Jan 20We Think Albemarle (NYSE:ALB) Can Stay On Top Of Its Debt
Jan 15Albemarle: Take Advantage Of Lithium's Rocky Run
Jan 10Investors Don't See Light At End Of Albemarle Corporation's (NYSE:ALB) Tunnel
Jan 01Albemarle: Buy This Dirt-Cheap Dividend Aristocrat Before Everyone Else Does
Dec 15Rare Stock Picks In November 2023 - From 31 Discerning Analysts
Dec 07Is Now The Time To Look At Buying Albemarle Corporation (NYSE:ALB)?
Dec 06Albemarle: More Pain Short Term
Nov 29Returns Are Gaining Momentum At Albemarle (NYSE:ALB)
Nov 08I Recently Bought Albemarle Stock And Here Is My Strategy
Nov 07Is Albemarle Stock A Buy Amid Electric Car Market Expansion
Oct 27Albemarle (NYSE:ALB) Is Paying Out A Dividend Of $0.40
Oct 27Albemarle: Lithium Weakness Will Pass
Oct 19Albemarle: Bottoming And Heading Higher From Here
Oct 13Is Albemarle (NYSE:ALB) Using Too Much Debt?
Oct 09Albemarle: Bigger Is Not Always Better
Oct 02Is Now The Time To Put Albemarle (NYSE:ALB) On Your Watchlist?
Sep 25Albemarle: Top Of The Cycle, Bottom Of The Trough
Sep 14Albemarle's Big Purchase Sets It Up For Long-Term Success
Sep 06Should You Investigate Albemarle Corporation (NYSE:ALB) At US$190?
Aug 26Albemarle: The Gift Is Back As Shares Plunge
Aug 25We Like Albemarle's (NYSE:ALB) Returns And Here's How They're Trending
Jul 31Albemarle And SQM: These Amazing Stocks Entered High Quality And Bad Momentum Screener
Jul 31Albemarle Vs. SQM: Better Lithium Investment
Jul 25Albemarle: Shares Attractive On Valuation, But Bearish Technical Trends Seen
Jun 23Is Albemarle (NYSE:ALB) A Risky Investment?
Jun 19Albemarle: Great Growth Prospects, But Valuations Make It A Hold
May 23Here's Why Albemarle (NYSE:ALB) Has Caught The Eye Of Investors
May 23Albemarle (NYSE:ALB) Is Very Good At Capital Allocation
Apr 22Why Albemarle Corporation (NYSE:ALB) Could Be Worth Watching
Apr 10Here's Why Albemarle (NYSE:ALB) Can Manage Its Debt Responsibly
Mar 13Albemarle raises dividend by 1.3% to $0.40
Feb 23Albemarle: A Picks And Shovels Play (Literally) For The EV Revolution
Feb 07Industry Analysts Just Made A Captivating Upgrade To Their Albemarle Corporation (NYSE:ALB) Revenue Forecasts
Feb 01Albemarle: Just The Start
Jan 31Shareholder Returns
| ALB | US Chemicals | US Market | |
|---|---|---|---|
| 7D | 4.2% | 0.2% | 2.9% |
| 1Y | -37.0% | 6.0% | 22.2% |
Return vs Industry: ALB underperformed the US Chemicals industry which returned 6% over the past year.
Return vs Market: ALB underperformed the US Market which returned 22.2% over the past year.
Price Volatility
| ALB volatility | |
|---|---|
| ALB Average Weekly Movement | 9.5% |
| Chemicals Industry Average Movement | 5.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ALB has not had significant price volatility in the past 3 months.
Volatility Over Time: ALB's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1887 | 9,000 | Jerry Masters | www.albemarle.com |
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.
Albemarle Corporation Fundamentals Summary
| ALB fundamental statistics | |
|---|---|
| Market cap | US$13.74b |
| Earnings (TTM) | US$1.57b |
| Revenue (TTM) | US$9.62b |
8.7x
P/E Ratio1.4x
P/S RatioIs ALB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALB income statement (TTM) | |
|---|---|
| Revenue | US$9.62b |
| Cost of Revenue | US$8.42b |
| Gross Profit | US$1.20b |
| Other Expenses | -US$376.57m |
| Earnings | US$1.57b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | 13.39 |
| Gross Margin | 12.45% |
| Net Profit Margin | 16.36% |
| Debt/Equity Ratio | 42.0% |
How did ALB perform over the long term?
See historical performance and comparison