Albemarle Corp (ALB) concluded trading on Thursday at a closing price of $79.25, with 5.15 million shares of worth about $408.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.63% during that period and on February 13, 2025 the price saw a gain of about 3.46%. Currently the company’s common shares owned by public are about 117.54M shares, out of which, 117.04M shares are available for trading.
Stock saw a price change of 0.32% in past 5 days and over the past one month there was a price change of -14.44%. Year-to-date (YTD), ALB shares are showing a performance of -7.93% which decreased to -34.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $71.97 but also hit the highest price of $143.19 during that period. The average intraday trading volume for Albemarle Corp shares is 2.13 million. The stock is currently trading -6.29% below its 20-day simple moving average (SMA20), while that difference is down -12.74% for SMA50 and it goes to -19.24% lower than SMA200.
Albemarle Corp (NYSE: ALB) currently have 117.54M outstanding shares and institutions hold larger chunk of about 96.32% of that.
The stock has a current market capitalization of $9.32B and its 3Y-monthly beta is at 1.70. It has posted earnings per share of -$11.20 in the same period. It has Quick Ratio of 1.19 while making debt-to-equity ratio of 0.35. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALB, volatility over the week remained 5.22% while standing at 3.61% over the month.
Analysts are in expectations that Albemarle Corp (ALB) stock would likely to be making an EPS of -0.37 in the current quarter, while forecast for next quarter EPS is -0.23 and it is 3.8 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.55 which is -0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.26 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 92.45% while it is estimated to increase by 1739.64% in next year.
Coverage by Truist stated Albemarle Corp (ALB) stock as a Hold in their note to investors on January 28, 2025, suggesting a price target of $96 for the stock. On January 14, 2025, Clarksons Platou Initiated their recommendations, while on August 05, 2024, Robert W. Baird Downgrade their ratings for the stock with a price target of $85. Stock get a Hold rating from Berenberg on July 31, 2024.
