Feb. 26, 2020 Price forecast | 2 weeks: -0.81% | 1 month: -1.49% | 3 months: -0.25%


ALB stock forecast

Our latest prediction for Albemarle Corp.'s stock price was made on the Feb. 26, 2020 when the stock price was at 85.65$.

In the short term (2weeks), ALB's stock price should underperform the market by -0.81%. During that period the price should oscillate between -5.57% and +5.87%.

In the medium term (3months), ALB's stock price should underperform the market by -0.25%. During that period the price should oscillate between -17.51% and +13.18%.

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About Albemarle Corp.

Albemarle Corp. is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment engages in developing and manufacture of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Catalysts segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC.

At the moment the company generates 3589M USD in revenues.

On its last earning announcement, the company reported a profit of 5.01$ per share.

The book value per share is 34.06$

Albemarle Corp. website


Three months stock forecastFeb. 26, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
3589M 35.00% 666M 18.60% 533M 5.01 1.47 43.40% 106M 34.06 719M -852M -132M