Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $54.01 in the prior trading day, Albemarle Corp (NYSE: ALB) closed at $52.57, down -2.67%. In other words, the price has decreased by -$2.67 from its previous closing price. On the day, 4.27 million shares were traded. ALB stock price reached its highest trading level at $54.79 during the session, while it also had its lowest trading level at $51.46.
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 1.19 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:
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 6184912896 and an Enterprise Value of 11110188032. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 2.066 whereas that against EBITDA is -1219.292.
Stock Price History:
The Beta on a monthly basis for ALB is 1.76, which has changed by -0.52978534 over the last 52 weeks, in comparison to a change of 0.05279863 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 -27.82%, while the 200-Day Moving Average is calculated to be -40.44%.
Shares Statistics:
The stock has traded on average 3.04M shares per day over the past 3-months and 5470800 shares per day over the last 10 days, according to various share statistics. 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 97.91% stake in the company. Shares short for ALB as of 1743379200 were 12973993 with a Short Ratio of 4.27, compared to 1740700800 on 12012540. Therefore, it implies a Short% of Shares Outstanding of 12973993 and a Short% of Float of 16.63.
Dividends & Splits
In the trailing 12 months, ALB’s forward annual dividend rate was 1.61, compared to 1.61 this year. Against a Trailing Annual Dividend Yield of 0.029809296The stock’s 5-year Average Dividend Yield is 1.13.
