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Albemarle Corporation (ALB)

Stock Price: $84.44 USD 1.10 (1.32%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 8.98B
Revenue (ttm) 3.38B
Net Income (ttm) 438.29M
Shares Out 106.36M
EPS (ttm) 4.12
PE Ratio 20.50
Forward PE 24.27
Dividend $1.54
Dividend Yield 1.82%

Stock Quote

Trading Day Aug 7, 2020
Last Price $84.44
Previous Close $83.34
Change ($) 1.10
Change (%) 1.32%
Day's Open 83.00
Day's Range 82.65 - 86.42
Day's Volume 1,236,340
52-Week Range 48.89 - 99.40

More Stats

Market Cap 8.98B
Enterprise Value 11.80B
Earnings Date (est) Nov 4, 2020
Ex-Dividend Date Jun 11, 2020
Shares Outstanding 106.36M
Float 105.75M
EPS (basic) 4.13
EPS (diluted) 4.12
FCF / Share -1.20
Dividend $1.54
Dividend Yield 1.82%
Earnings Yield 4.88%
FCF Yield n/a
Payout Ratio 36.40%
Shares Short 12.38M
Short Ratio 11.03
Short % of Float 13.32%
Beta 1.46
PE Ratio 20.50
Forward PE 24.27
P/FCF Ratio n/a
PS Ratio 2.66
PB Ratio 2.26
Revenue 3.38B
Operating Income 561.48M
Net Income 438.29M
Free Cash Flow -127.16M
Net Cash -2.82B
Net Cash / Share -26.55
Gross Margin 37.32%
Operating Margin 16.64%
Profit Margin 13.00%
FCF Margin -3.77%
ROA 4.53%
ROE 12.35%
ROIC 6.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (22)

Buy 5
Overweight 1
Hold 11
Underweight 1
Sell 4

Analyst Consensus: Overweight

Price Target

$76.28*
(-9.66% downside)
Low
40.0
Current: $84.44
High
100.0
Target: 76.28
*Average 12-month price target from 18 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,5893,3753,0722,6772,8262,4462,3942,5192,8692,363
Revenue Growth6.35%9.86%14.75%-5.28%15.57%2.14%-4.96%-12.19%21.43%-
Gross Profit1,2581,2171,106970860771850899955742
Operating Income666701572479345271577400518402
Net Income53369454.85644335133413312392316
Shares Outstanding10610811111211178.7083.8489.1990.5291.39
Earnings Per Share5.026.340.495.683.001.694.903.474.283.43
EPS Growth-20.82%1193.88%-91.37%89.33%77.51%-65.51%41.21%-18.93%24.78%-
Dividend Per Share1.471.341.281.221.161.100.960.800.670.56
Dividend Growth9.7%4.69%4.92%5.17%5.45%14.58%20%19.4%19.64%-
Operating Cash Flow719546304736361493433489487331
Capital Expenditures-841-700-318-197-228-111-155-281-191-75.48
Free Cash Flow-122-154-13.72539133382278208297256
Cash & Equivalents6135551,1372,2702142,490477478469530
Total Debt3,0731,7051,8372,3693,8172,9341,079699764861
Net Cash / Debt-2,460-1,150-700-99.51-3,603-444-602-222-294-331
Assets9,8617,5827,7518,1619,5985,2233,5853,4373,2043,068
Liabilities5,7673,8233,9334,2196,1973,7341,8421,5051,5251,592
Book Value3,9323,5853,6753,7953,2541,3591,6271,8341,5911,416
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Albemarle Corporation
Country United States
Employees 6,000
CEO Jerry Kent Masters

Stock Information

Ticker Symbol ALB
Stock Exchange New York Stock Exchange
Sector Basic Materials
Industry Specialty Chemicals
Unique Identifier NYSE: ALB
IPO Date February 17, 1994

Description

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. The company operates in three segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes, life science, pharmaceutical, and other markets. It also offers cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for various pyrotechnical applications; technical services, such as the handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Bromine Specialties segment offers bromine and bromine-based solutions for fire safety, chemical synthesis, mercury control, water purification, beef and poultry processing, and other industrial applications, as well as oil and gas well drilling, and completion fluids applications; and tertiary amines, biocides, disinfectants, and sanitizers. The Catalysts segment offers hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. The company serves energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection, and custom chemistry services markets. Albemarle Corporation was founded in 1994 and is headquartered in Charlotte, North Carolina.