Albemarle Corp ALB

$98.51 -2.76 (-2.73%)

Valuation

Market cap
11,950,365,000
Revenue TTM
$5,142,730,000
Net income TTM
$-510,630,000
PE ratio
17.07
Forward PE
9.08
Profit margin
-9.93%
Debt to equity
0.18

Trading

Volume
3,071,000
Avg volume
2,371,382
Day's range
$96.63 – $99.42
Shares out
118,005,000
Stochastic %K
17%
Beta
1.36
Analysts
Strong Sell
Price target
$169.73

Price

Company profile

Albemarle Corporation provides energy storage solutions 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 for use in lithium batteries used in consumer electronics and electric vehicles; power grids and solar panels; high-performance greases; and specialty gla...

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Albemarle Corporation provides energy storage solutions 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 for use in lithium batteries used in consumer electronics and electric vehicles; power grids and solar panels; high-performance greases; and specialty glass used in consumer appliances and electronics. The Specialties segment provides bromine and highly specialized lithium solutions for various industries, such as energy, mobility, connectivity, and health comprising fire safety compounds; bromine-based specialty chemical products, including elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and various bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications, including airbag initiators. This segment also provides organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates for the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Ketjen segment offers clean fuels technologies, including hydroprocessing catalysts together with isomerization and alkylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves the grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals, and medical device industries. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Industry
Specialty Chemicals
Sector
Basic Materials
Phone
980 299 5700
Website
https://www.albemarle.com
Address
4250 Congress Street, Suite 900, Charlotte, United States

Latest news

Stocktwits

alphagenhq Oct 12, 11:09 PM
$ALB Albemarle came under pressure as lithium prices in China slumped and surplus concerns returned. Lithium is a direct-price trade, so falling spot prices feed straight into earnings estimates. Supply discipline is the variable to watch. $SQM $LIT.X
0 replies
wellingtoncp Oct 12, 7:28 PM
$ALB added today small $108 was a mistake. No worries
0 replies
lextrading Oct 12, 4:04 PM
$ALB Getting in is half the equation. Knowing when to exit is the other. Lithium prices is crashing again but the demand of energy and storage isn't going away. It's time to watch this again as investors flee this ticker.
0 replies
dgiudice Oct 12, 3:55 PM
$LAR $LAC $ALB $CXOXF $LLKKF Whenever these stocks get hammered, the first thing I do is check this site, and it's always the explanation that I dread. https://tradingeconomics.com/commodity/lithium
0 replies
BPID Oct 12, 2:03 PM
$ALB A stroke of luck already posted, but a repost wouldn’t hurt.
0 replies
AStrokeOfLuck Oct 12, 12:41 PM 0 replies
ContrarianLife Oct 12, 12:04 PM
$ALB Lithium futures ppl. It’s in the tank. You can hit the google button to find out what the bullshit reasoning is…today.
0 replies
HotDiamondFingers Oct 12, 11:43 AM
$ALB down about 4% premarket, 101.27 to ~96.99, with SQM down 3 to 4% beside it. I could not find a company headline today, so the cause is unconfirmed. what is verified is the setup: ALB slid from 109.73 on sept 25 to 101.27 friday, so this extends a slow drift lower. a drop with no news is two sided, either the slide keeps going or sellers run out. premarket quote.
0 replies