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After finishing at $80.16 in the prior trading day, Albemarle Corp (NYSE: ALB) closed at $80.93, up 0.96%. In other words, the price has increased by $0.96 from its previous closing price. On the day, 2.22 million shares were traded. ALB stock price reached its highest trading level at $81.6 during the session, while it also had its lowest trading level at $79.33.
Ratios:
Our goal is to gain a better understanding of ALB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.32.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 05 ’24 when Masters J Kent sold 2,525 shares for $101.12 per share. The transaction valued at 255,328 led to the insider holds 73,747 shares of the business.
Jerry Kent Masters Jr. bought 2,525 shares of ALB for $259,090 on Dec 05 ’24. On Nov 19 ’24, another insider, Johnson Netha N., who serves as the Chief Operations Officer of the company, sold 1,060 shares for $106.04 each. As a result, the insider received 112,403 and left with 30,360 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALB now has a Market Capitalization of 9524079616 and an Enterprise Value of 13957017600. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 2.795 whereas that against EBITDA is 29.495.
Stock Price History:
The Beta on a monthly basis for ALB is 1.67, which has changed by -0.059281647 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, ALB has reached a high of $113.91, while it has fallen to a 52-week low of $49.43. The 50-Day Moving Average of. The Stock is 4.64%, while the 200-Day Moving Average is calculated to be 8.11%.
Shares Statistics:
. The Stock has traded on average 4.52M shares per day over the past 3-months and 4440110 shares per day over the last 10 days, according to various share statistics. A total of 117.67M shares are outstanding, with a floating share count of 116.62M. Insiders hold about 0.90% of the company’s shares, while institutions hold 97.21% stake in the company. Shares short for ALB as of 1756425600 were 12749135 with a Short Ratio of 2.82, compared to 1753920000 on 14771116. Therefore, it implies a Short% of Shares Outstanding of 12749135 and a Short% of Float of 16.34.
Dividends & Splits
In the trailing 12 months, ALB’s forward annual dividend rate was 1.62, compared to 1.62 this year. Against a Trailing Annual Dividend Yield of 0.02020958. The Stock’s 5-year Average Dividend Yield is 1.18.
Earnings Estimates
A detailed examination of Albemarle Corp (ALB) is currently in progress, with 16.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.85, with high estimates of -$0.26 and low estimates of -$1.45.
Analysts are recommending an EPS of between -$1.0 and -$3.18 for the fiscal current year, implying an average EPS of -$1.99. EPS for the following year is $0.37, with 19.0 analysts recommending between $2.48 and -$2.3.
Revenue Estimates
18 analysts predict $1.27B in revenue for the current quarter. It ranges from a high estimate of $1.37B to a low estimate of $1.2B. As of the current estimate, Albemarle Corp’s year-ago sales were $1.35BFor the next quarter, 18 analysts are estimating revenue of $1.27B. There is a high estimate of $1.4B for the next quarter, whereas the lowest estimate is $1.19B.
A total of 22 analysts have provided revenue estimates for ALB’s current fiscal year. The highest revenue estimate was $5.08B, while the lowest revenue estimate was $4.41B, resulting in an average revenue estimate of $4.92B. In the same quarter a year ago, actual revenue was $5.38BBased on 22 analysts’ estimates, the company’s revenue will be $5.29B in the next fiscal year. The high estimate is $5.76B and the low estimate is $4.64B.
