Albemarle Corp ALB

$95.77 +1.13 (1.19%)

Valuation

Market cap
11,167,992,000
Revenue TTM
$5,142,730,000
Net income TTM
$-510,630,000
PE ratio
15.97
Forward PE
8.43
Profit margin
-9.93%
Debt to equity
0.18

Trading

Volume
1,891,600
Avg volume
2,329,890
Day's range
$93.80 – $96.82
Shares out
118,005,000
Stochastic %K
21%
Beta
1.36
Analysts
Strong Sell
Price target
$161.69

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

secfilings Oct 20, 3:39 PM
Lithium is becoming increasingly important far beyond electric vehicles. $RIO is building one of the world’s major lithium businesses, $ALB remains an established force in the sector, and $NRVTF is advancing its Zeus lithium project in Nevada’s Clayton Valley. Why domestic lithium sources are taking on greater strategic importance: https://www.secfilings.com/news/lithium-critical-far-beyond-electric-vehicles-domestic-sources-needed
0 replies
LucidTrader1919 Oct 20, 1:04 PM
$ALB The most appropriately shaped aliquot of Lithium Carbonate for the times too! Someone out there writing these articles must have a sense of humor. https://www.thelec.net/news/articleView.html?idxno=14670
1 replies
LucidTrader1919 Oct 19, 8:14 PM
$ALB So reaigned to having to wait another year that I don’t even bother checking futures any more… I just watch all of these AI stocks and dream 😩😂😢🤣
1 replies
Estimize Oct 19, 6:06 PM
Wall St is expecting 2.56 EPS for $ALB Q3 [Reporting 11/04 AMC] http://www.estimize.com/intro/alb?chart=historical&metric_name=eps&utm_cont
0 replies
BPID Oct 19, 3:35 PM
$ALB While Mizuho likes us, it’s looking more and more like a 2027 story, especially when I see continuing weakness on the chart.
0 replies
PatienceToWin Oct 19, 8:43 AM
$ALB the reverse it will start very soon. I can see this back at $180 in no time.
1 replies
HK_Zhou Oct 19, 5:17 AM
$ALB Hope lithium price goes down again and albemarle at 50...
1 replies
PantySniffer69420 Oct 18, 2:45 AM
$ALB Walking into ER. 146.40, then 188.30. Just a buy dip hold make bank. That all it takes.
0 replies