Albemarle Corp ALB

$104.37 -0.22 (-0.21%)

Valuation

Market cap
12,342,141,000
Revenue TTM
$5,142,730,000
Net income TTM
$-510,630,000
PE ratio
17.56
Forward PE
9.22
Profit margin
-9.93%
Debt to equity
0.18

Trading

Volume
2,028,572
Avg volume
2,361,716
Day's range
$103.59 – $105.67
Shares out
118,005,000
Stochastic %K
15%
Beta
1.36
Analysts
Strong Sell
Price target
$176.32

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

Options_Destroyer Oct 5, 7:20 PM 0 replies
swankysenor Oct 5, 4:30 PM
$ALB totally agreed
0 replies
LayahHeilpern_ Oct 5, 4:12 PM
The IEA expects lithium demand to more than triple by 2040. Lithium has some of the strongest long-term demand growth among all major critical minerals. And while everyone is focused on AI, almost nobody is talking about $ALB — one of the world’s largest lithium producers. $ALB is currently on sale. The stock is now trading inside my $86–$114 accumulation zone. My mid-term target remains $257–$363.
0 replies
Techdamentals Oct 5, 3:41 PM
$ALB Lithium is on the list alongside rare earths. Different agencies did these under different legal authorities, and some of that authority is being questioned in Congress right now. https://techdamentals.com/newsletter/what-if-trump-takes-a-stake-in-openai-and-anthropic?ref=st
0 replies
iTrade_Price Oct 4, 4:39 PM
$ALB ALB monthly
0 replies
BassBoom Oct 3, 1:55 PM
$VLTLF $ALB are the only US lithium producers and selling product. ALB in a deep dive just as earnings expected to spike up. Stock market conditions have caused analysts to lower expectations, but hopefully numbers will prove wrong. VLTLF hopefully shows some revenue on next report as it is expanding it's extraction model.
0 replies
BPID Oct 3, 12:18 AM
$ALB Time flies when one of your large positions is in the dog house, and you keep looking forward to inflation & rates coming down. Here’s to next week, enjoy the weekend 🍻🍻🍻
0 replies
iTrade_Price Oct 2, 12:09 PM
$ALB - ALB -- holding gap fill.
0 replies