Albemarle Corp (ALB) concluded trading on Thursday at a closing price of $62.48, with 3.0 million shares of worth about $187.55 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -43.02% during that period and on June 12, 2025 the price saw a loss of about -4.00%. Currently the company’s common shares owned by public are about 117.65M shares, out of which, 116.98M shares are available for trading.
Stock saw a price change of 6.55% in past 5 days and over the past one month there was a price change of 1.00%. Year-to-date (YTD), ALB shares are showing a performance of -27.42% which decreased to -45.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $49.43 but also hit the highest price of $118.80 during that period. The average intraday trading volume for Albemarle Corp shares is 3.43 million. The stock is currently trading 5.41% above its 20-day simple moving average (SMA20), while that difference is up 6.72% for SMA50 and it goes to -24.02% lower than SMA200.
Albemarle Corp (NYSE: ALB) currently have 117.65M outstanding shares and institutions hold larger chunk of about 96.70% of that.
The stock has a current market capitalization of $7.35B and its 3Y-monthly beta is at 1.62. It has posted earnings per share of -$11.12 in the same period. It has Quick Ratio of 1.26 while making debt-to-equity ratio of 0.37. 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 3.61% while standing at 2.69% over the month.
Analysts are in expectations that Albemarle Corp (ALB) stock would likely to be making an EPS of -0.65 in the current quarter, while forecast for next quarter EPS is -0.29 and it is 1.1 for next year. For the current quarter EPS, analysts have given the company a lowest target -1.5 which is -0.16 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 0.04 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 36.01% while it is estimated to increase by 148.36% 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.
