ALB:NYE-Albemarle Corporation (USD)

EQUITY | Specialty Chemicals | New York Stock Exchange

Last Closing

USD 86.99

Change

-6.18 (-6.63)%

Market Cap

USD 9.39B

Volume

5.81M

Analyst Target

USD 80.71
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Albemarle Corp is a developer, manufacturer and marketer of engineered specialty chemicals. It provides services to end markets including petroleum refining, consumer electronics, construction, automotive, lubricants and pharmaceuticals.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-02 )

Largest Industry Peers for Specialty Chemicals

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AVNT Avient Corp

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ALTM Arcadium Lithium plc

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ETFs Containing ALB

XUT:CA iShares S&P/TSX Capped Ut.. 11.06 % 0.62 %

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CAD 0.29B
HUTS:CA Hamilton Enhanced Utiliti.. 10.41 % 0.00 %

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CAD 0.11B
HLIT:CA Global X Lithium Producer.. 9.95 % 0.00 %

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CAD 0.02B
LIT Global X Lithium & Batter.. 9.03 % 0.75 %

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USD 1.15B
LI7U:XETRA Global X Lithium & Batter.. 8.80 % 0.00 %

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USD 0.03B
LITU:SW Global X Lithium & Batter.. 8.80 % 0.00 %

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USD 0.03B
LITG:LSE Global X Lithium & Batter.. 8.75 % 0.00 %

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USD 0.03B
LITU:LSE Global X Lithium & Batter.. 8.51 % 0.00 %

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UTIL:CA Global X Canadian Utility.. 8.50 % 0.00 %

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CAD 0.01B
VVMX:XETRA VanEck Rare Earth and Str.. 7.66 % 0.00 %

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USD 0.09B
REMX:SW VanEck Rare Earth and Str.. 7.66 % 0.00 %

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USD 0.07B
REGB:LSE VanEck Rare Earth and Str.. 7.35 % 0.00 %

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USD 0.08B
REMX:LSE VanEck Rare Earth and Str.. 7.35 % 0.00 %

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USD 0.07B
QCLN First Trust NASDAQ® Clea.. 5.09 % 0.60 %

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USD 0.64B
QCLN:XETRA First Trust Nasdaq Clean .. 5.08 % 0.00 %

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USD 0.02B
GMTL:AU Global X Green Metal Mine.. 4.83 % 0.00 %

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XETM:CA iShares S&P/TSX Energy Tr.. 4.79 % 0.00 %

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SETM Sprott Energy Transition .. 4.24 % 0.00 %

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INOC:CA Global X Inovestor Canadi.. 4.15 % 0.66 %

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CAD 0.04B
XDV:CA iShares Canadian Select D.. 3.69 % 0.55 %

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CAD 1.64B
ION Proshares S&P Global Core.. 3.43 % 0.00 %

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USD 2.24M
KARS:LSE KraneShares Electric Vehi.. 3.37 % 0.00 %

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USD 3.27M
FCCD:CA Fidelity Canadian High Di.. 3.28 % 0.00 %

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CAD 0.19B
KARP:LSE KraneShares Electric Vehi.. 3.19 % 0.00 %

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NRJU:LSE Lyxor MSCI New Energy ESG.. 3.13 % 0.00 %

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KARS KraneShares Electric Vehi.. 3.09 % 0.70 %

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USD 0.07B
ELCR:PA Lyxor Index Fund - Lyxor .. 3.03 % 0.00 %

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ELCR:SW Amundi MSCI Future Mobili.. 3.03 % 0.00 %

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FIDI Fidelity® International .. 2.10 % 0.39 %

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USD 0.10B
CRIT Optica Rare Earths & Crit.. 2.08 % 0.00 %

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USD 4.66M
MOBI:LSE Amundi MSCI Future Mobili.. 1.99 % 0.00 %

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BATT Amplify Lithium & Battery.. 1.65 % 0.72 %

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USD 0.07B
SPHB Invesco S&P 500® High Be.. 1.37 % 0.25 %

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USD 0.43B
ZSB USCF Sustainable Battery .. 1.31 % 0.00 %

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HIBL Direxion Daily S&P 500® .. 1.03 % 0.00 %

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USD 0.04B
DWX SPDR® S&P International .. 0.00 % 0.45 %

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FAI:CA 0.00 % 1.14 %

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GNRX 0.00 % 0.55 %

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PFF iShares Preferred and Inc.. 0.00 % 0.46 %

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REMX VanEck Rare Earth/Strateg.. 0.00 % 0.59 %

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RPF:CA RBC Canadian Preferred Sh.. 0.00 % 0.59 %

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SCHC Schwab International Smal.. 0.00 % 0.12 %

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VSS Vanguard FTSE All-World e.. 0.00 % 0.12 %

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USD 8.86B
ELCR:XETRA Amundi MSCI Future Mobili.. 0.00 % 0.00 %

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USD 0.28B
QCLN:LSE First Trust Nasdaq Clean .. 0.00 % 0.00 %

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USD 0.01B
QCLU:LSE First Trust Nasdaq® Clea.. 0.00 % 0.00 %

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USD 0.01B
QCLN:F First Trust Nasdaq Clean .. 0.00 % 0.00 %

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USD 0.01B
ELCR:F Lyxor Index Fund - Lyxor .. 0.00 % 0.00 %

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USD 0.28B
CLMA 0.00 % 0.00 %

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JZRO 0.00 % 0.00 %

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DMAT Global X Disruptive Mater.. 0.00 % 0.00 %

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USD 5.13M
D6AT:XETRA Global X Disruptive Mater.. 0.00 % 0.00 %

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CLMA:SW iClima Global Decarbonisa.. 0.00 % 0.00 %

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FDRV 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Specialty Chemicals) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -39.79% 9% A- 4% F
Dividend Return 0.55% 19% F 12% F
Total Return -39.24% 9% A- 4% F
Trailing 12 Months  
Capital Gain -56.52% 7% C- 3% F
Dividend Return 0.40% 8% B- 4% F
Total Return -56.12% 7% C- 3% F
Trailing 5 Years  
Capital Gain 26.66% 64% D 63% D
Dividend Return 10.21% 47% F 37% F
Total Return 36.87% 59% D- 59% D-
Average Annual (5 Year Horizon)  
Capital Gain 33.51% 93% A 91% A-
Dividend Return 34.63% 91% A- 91% A-
Total Return 1.11% 33% F 25% F
Risk Return Profile  
Volatility (Standard Deviation) 67.38% 15% F 12% F
Risk Adjusted Return 51.39% 74% C 71% C-
Market Capitalization 9.39B 82% B 86% B+

Key Financial Ratios

  Ratio vs. Industry/Classification (Specialty Chemicals) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 43.40 15% 21%
Price/Book Ratio 1.22 74% 62%
Price / Cash Flow Ratio 7.71 67% 48%
Price/Free Cash Flow Ratio 22.45 4% 12%
Management Effectiveness  
Return on Equity -4.10% 19% 25%
Return on Invested Capital -1.53% 13% 23%
Return on Assets -4.51% 7% 13%
Debt to Equity Ratio 37.62% 78% 67%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.