A share price of Albemarle Corp [ALB] is currently trading at $79.25, up 3.46%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALB shares have gain 0.32% over the last week, with a monthly amount drifted -14.44%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Albemarle Corp [NYSE: ALB] stock has seen the most recent analyst activity on February 05, 2025, when Evercore ISI downgraded its rating to a In-line. Previously, Truist started tracking the stock with Hold rating on January 28, 2025, and set its price target to $96. On January 14, 2025, Clarksons Platou initiated with a Buy rating and assigned a price target of $112 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $85 on August 05, 2024. Berenberg downgraded its rating to a Hold and reduced its price target to $83 on July 31, 2024. HSBC Securities downgraded its rating to Hold for this stock on July 17, 2024, but kept the price target unchanged to $95. In a note dated July 11, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $145 to $100.
Albemarle Corp experienced fluctuations in its stock price throughout the past year between $71.97 and $143.19. Currently, Wall Street analysts expect the stock to reach $124.75 within the next 12 months. Albemarle Corp [NYSE: ALB] shares were valued at $79.25 at the most recent close of the market. An investor can expect a potential return of 57.41% based on the average ALB price forecast.
Analyzing the ALB fundamentals
Trailing Twelve Months sales for Albemarle Corp [NYSE:ALB] were 5.38B which represents -47.72% decline. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.11 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 75.12 points at the first support level, and at 71.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.20, and for the 2nd resistance point, it is at 87.16.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Albemarle Corp [NYSE:ALB] is 1.95. As well, the Quick Ratio is 1.19, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 1.16.
Transactions by insiders
Recent insider trading involved Masters J Kent, Chairman & CEO, that happened on Dec 05 ’24 when 2525.0 shares were sold. Officer, Jerry Kent Masters Jr. completed a deal on Dec 05 ’24 to buy 2525.0 shares. Meanwhile, Chief Operations Officer Johnson Netha N. sold 1060.0 shares on Nov 19 ’24.
