
Albemarle Corporation (ALB)
69.95 USD -7.08 (-9.19%) Volume: 5.04M
Albemarle Corporation’s stock price stands at 69.95 USD, witnessing a drop of 9.19% this trading session, with a trading volume of 5.04M. The stock has experienced a year-to-date decrease of 16.15%, reflecting a challenging period for ALB.
Latest developments on Albemarle Corporation
Albemarle Corp. faced a challenging day in the stock market on Monday as it underperformed compared to its competitors. The company’s stock price dropped to a 52-week low of $71.96 amidst shifting market conditions. Investors closely watched as Albemarle Corp. navigated through these fluctuations, impacting its stock price movement for the day.
Albemarle Corporation on Smartkarma
Analysts at Baptista Research have been closely covering Albemarle Corporation on Smartkarma, providing insights into the company’s recent performance and future prospects. In a report titled “Albemarle Corporation: These Recent Lithium Market Shifts & Diversification Moves Could Reshape Its Future!”, the analysts highlighted the company’s financial performance for the fourth quarter and full year of 2024. Despite a decline in net sales attributed to lower lithium market pricing, Albemarle achieved a positive milestone with an adjusted EBITDA of $251 million, showcasing improvements in productivity, cost efficiency, and sales volumes across its business segments.
In another report by Baptista Research, titled “Albemarle Corporation: Will Its Volume Growth & Asset Utilization Help Bring A Shift In The Competitive Dynamics? – Major Drivers,” the analysts delved into Albemarle Corporation’s Q3 2024 earnings, which demonstrated strong execution and volumetric growth in its Energy Storage division. The company’s liquidity and leverage metrics were noted to be strong, with Albemarle maintaining leverage below covenant limits and showing operating cash conversion of over 100%. Baptista Research aims to evaluate various factors influencing Albemarle’s price in the near future and conduct an independent valuation using a Discounted Cash Flow (DCF) methodology.
A look at Albemarle Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Albemarle Corp, a company that produces specialty and fine chemicals, has received a positive overall outlook based on Smartkarma Smart Scores. With high scores in Value and Dividend, the company is seen as a strong investment option for those looking for stability and potential returns. However, with lower scores in Growth and Resilience, there may be some concerns about the company’s ability to expand and weather potential challenges in the future. Nonetheless, with a solid score in Momentum, Albemarle Corp seems to be on a positive trajectory in the market.
Albemarle Corp‘s Smartkarma Smart Scores indicate a mixed long-term outlook for the company. While it excels in areas such as Value and Dividend, suggesting a strong financial position and potential for steady returns, the lower scores in Growth and Resilience may raise some red flags for investors. Despite this, the company’s Momentum score is high, indicating that it is currently performing well in the market. Overall, Albemarle Corp‘s future success may depend on its ability to overcome challenges in growth and resilience while capitalizing on its current momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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