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As of close of business last night, Albemarle Corp’s stock clocked out at $58.55, up 1.42% from its previous closing price of $57.73. In other words, the price has increased by $1.42 from its previous closing price. On the day, 2.7 million shares were traded. ALB stock price reached its highest trading level at $60.31 during the session, while it also had its lowest trading level at $57.43.
Ratios:
To gain a deeper understanding of ALB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.32.
On January 28, 2025, Truist started tracking the stock assigning a Hold rating and target price of $96.
On January 14, 2025, Clarksons Platou started tracking the stock assigning a Buy rating and target price of $112.Clarksons Platou initiated its Buy rating on January 14, 2025, with a $112 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 6888465920 and an Enterprise Value of 11813276672. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 2.197 whereas that against EBITDA is -1296.453.
Stock Price History:
The Beta on a monthly basis for ALB is 1.72, which has changed by -0.51334053 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, ALB has reached a high of $137.50, while it has fallen to a 52-week low of $49.43. The 50-Day Moving Average of the stock is -16.10%, while the 200-Day Moving Average is calculated to be -32.56%.
Shares Statistics:
It appears that ALB traded 3.13M shares on average per day over the past three months and 3185610 shares per day over the past ten days. A total of 117.56M shares are outstanding, with a floating share count of 116.99M. Insiders hold about 0.56% of the company’s shares, while institutions hold 97.89% stake in the company. Shares short for ALB as of 1744675200 were 14441189 with a Short Ratio of 4.61, compared to 1741910400 on 12751247. Therefore, it implies a Short% of Shares Outstanding of 14441189 and a Short% of Float of 18.509999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.61, ALB has a forward annual dividend rate of 1.61. Against a Trailing Annual Dividend Yield of 0.027888447The stock’s 5-year Average Dividend Yield is 1.13.
Earnings Estimates
The dynamic stock of Albemarle Corp (ALB) is currently being evaluated by a team of 17.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $-0.44, with high estimates of $0.36 and low estimates of $-0.88.
Analysts are recommending an EPS of between $0.7 and $-3.25 for the fiscal current year, implying an average EPS of $-1.54. EPS for the following year is $1.8, with 21.0 analysts recommending between $7.42 and $-1.28.
Revenue Estimates
In the current quarter, 17 analysts expect revenue to total $1.16B. It ranges from a high estimate of $1.27B to a low estimate of $957.7M. As of the current estimate, Albemarle Corp’s year-ago sales were $1.36BFor the next quarter, 17 analysts are estimating revenue of $1.24B. There is a high estimate of $1.34B for the next quarter, whereas the lowest estimate is $1.05B.
A total of 25 analysts have provided revenue estimates for ALB’s current fiscal year. The highest revenue estimate was $5.75B, while the lowest revenue estimate was $4.41B, resulting in an average revenue estimate of $5.01B. In the same quarter a year ago, actual revenue was $5.38BBased on 24 analysts’ estimates, the company’s revenue will be $5.61B in the next fiscal year. The high estimate is $6.39B and the low estimate is $4.64B.
