Albemarle Corp Stock Today

ALB Stock  USD 95.08  2.63  2.69%   

Performance

0 of 100

 
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Odds Of Distress

Less than 29

 
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Below Average
Albemarle Corp is trading at 95.08 as of the 17th of July 2024, a 2.69% down since the beginning of the trading day. The stock's open price was 97.71. Albemarle Corp has about a 29 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Note, on March 6, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Albemarle Corp's common stock.
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 15.5 M shares are presently shorted by investors with about 4.86 days to cover. More on Albemarle Corp

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Follow Valuation Options Odds of Bankruptcy
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Albemarle Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanJerry Masters
Thematic Ideas
(View all Themes)
Old Names[Albert Technologies Ltd, Allbanc Split Corp. II, ALLGAEUER BRAUHAUS, ALBAPAM S.A.]
Business ConcentrationSpecialty Chemicals, Basic Materials, NYSE Composite, SP 500 Index, Chemicals Makers, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07840.0861
Significantly Down
Very volatile
Asset Turnover0.780.5264
Way Up
Slightly volatile
Gross Profit Margin0.230.1249
Way Up
Slightly volatile
Net Debt3.6 B3.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities3.7 B3.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total5.3 BB
Sufficiently Up
Slightly volatile
Total Assets19.2 B18.3 B
Sufficiently Up
Slightly volatile
Total Current Assets5.5 B5.2 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.4 B1.3 B
Sufficiently Up
Slightly volatile
Debt Levels
Albemarle Corp can leverage 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.
Liquidity
Albemarle Corp has 4.31 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Albemarle Corp has a current ratio of 1.7, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Albemarle to invest in growth at high rates of return.

Change To Inventory

(914.78 Million)
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 11.48 B. Albemarle Corp runs under Chemicals sector within Materials industry. The entity has 117.53 M outstanding shares of which 15.5 M shares are presently shorted by investors with about 4.86 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 Allocation
Albemarle Corp holds 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. Please note that on March 6, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Albemarle Corp's common stock.
Check Albemarle Ownership Details

Albemarle Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-03-31
1.5 M
Mirae Asset Global Investments (korea) Co Ltd2024-03-31
1.5 M
Proshare Advisors Llc2024-03-31
1.4 M
Bank Of New York Mellon Corp2024-03-31
1.4 M
Bank Of America Corp2024-03-31
1.3 M
Dimensional Fund Advisors, Inc.2024-03-31
1.3 M
Northern Trust Corp2024-03-31
1.2 M
Sam Sustainable Asset Management Ltd2024-03-31
1.1 M
Pictet Asset Manangement Sa2024-03-31
1.1 M
Vanguard Group Inc2024-03-31
14.1 M
Blackrock Inc2024-03-31
9.9 M
View Albemarle Corp Diagnostics

Albemarle Corp Historical Income Statement

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 Fundamentals

Albemarle Stock Against Markets

Albemarle Corp Corporate Directors

Mary BrlasIndependent DirectorProfile
Holly DeursenIndependent DirectorProfile
Alejandro WolffIndependent DirectorProfile
Dean SeaversIndependent DirectorProfile

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.

Additional Information and Resources on Investing in Albemarle Stock

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 closely tied 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Is Specialty Chemicals space 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
2.76
Revenue Per Share
71.548
Quarterly Revenue Growth
(0.47)
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.