Why Albemarle Corporation (ALB)’s Most Recent Report Reveals Some Hints About Its Future

Albemarle Corporation (NYSE:ALB) went up by 2.79% from its latest closing price compared to the recent 1-year high of $101.00. The company’s stock price has collected 11.02% of gains in the last five trading sessions. Press Release reported on 09/24/20 that Albemarle Corporation to Participate in Virtual Fireside Chat with UBS

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Is It Worth Investing in Albemarle Corporation (NYSE :ALB) Right Now?

Albemarle Corporation (NYSE:ALB) scored a price-to-earnings ratio above its average ratio, recording 21.68 x from its present earnings ratio. Plus, the 36-month beta value for ALB is at 1.41. Opinions of the stock are interesting as 6 analysts out of 24 who provided ratings for Albemarle Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 10 rated it as “hold,” and 6 as “sell.”


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The average price from analysts is $80.51, which is -$8.32 below the current price. ALB currently public float of 105.86M and currently shorts hold a 8.76% ratio of that float. Today, the average trading volume of ALB was 1.17M shares.

ALB’s Market Performance

ALB stocks went up by 11.02% for the week, with a monthly drop of -1.90% and a quarterly performance of 17.38%, while its annual performance rate touched 30.70%. The volatility ratio for the week stands at 4.49% while the volatility levels for the past 30 days are set at 4.64% for Albemarle Corporation. The simple moving average for the period of the last 20 days is -4.26% for ALB stocks with a simple moving average of 15.51% for the last 200 days.

Analysts’ Opinion of ALB

Evercore ISI, on the other hand, stated in their research note that they expect to see ALB reach a price target of $86. The rating they have provided for ALB stocks is “Underperform” according to the report published on September 22nd, 2020.

Berenberg gave a rating of “Sell” to ALB, setting the target price at $68 in the report published on July 27th of the current year.

ALB Trading at -1.24% from the 50-Day Moving Average

After a stumble in the market that brought ALB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.60% of loss for the given period.

Volatility was left at 4.64%, however, over the last 30 days, the volatility rate increased by 4.49%, as shares sank -8.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.41% upper at present.

During the last 5 trading sessions, ALB rose by +11.02%, which changed the moving average for the period of 200-days by +33.99% in comparison to the 20-day moving average, which settled at $92.85. In addition, Albemarle Corporation saw 22.23% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ALB starting from KISSAM LUTHER C IV, who sale 59,000 shares at the price of $100.03 back on Sep 15. After this action, KISSAM LUTHER C IV now owns 184,065 shares of Albemarle Corporation, valued at $5,901,770 using the latest closing price.

KISSAM LUTHER C IV, the Director of Albemarle Corporation, sale 150,001 shares at $90.71 during a trade that took place back on Aug 11, which means that KISSAM LUTHER C IV is holding 187,065 shares at $13,606,897 based on the most recent closing price.

Stock Fundamentals for ALB

Current profitability levels for the company are sitting at:

  • +19.09 for the present operating margin
  • +35.07 for the gross margin

The net margin for Albemarle Corporation stands at +14.86. The total capital return value is set at 10.75, while invested capital returns managed to touch 8.97. Equity return is now at value 11.20, with 4.60 for asset returns.

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Based on Albemarle Corporation (ALB), the company’s capital structure generated 81.08 points at debt to equity in total, while total debt to capital is 44.77. Total debt to assets is 32.33, with long-term debt to equity ratio resting at 75.72. Finally, the long-term debt to capital ratio is 41.82.

Currently, EBITDA for the company is 176.74M with total debt to EBITDA at 3.39. When we switch over and look at the enterprise to sales, we see a ratio of 2.93, with the company’s debt to enterprise value settled at 0.30. The receivables turnover for the company is 4.95 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.

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