While Albemarle Corp has underperformed by -0.78%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ALB fell by -54.12%, with highs and lows ranging from $137.50 to $49.43, whereas the simple moving average fell by -32.91% in the last 200 days.
On February 05, 2025, Evercore ISI Downgraded Albemarle Corp (NYSE: ALB) to In-line. A report published by Truist on January 28, 2025, Initiated its previous ‘Hold’ rating for ALB. Clarksons Platou also rated ALB shares as ‘Buy’, setting a target price of $112 on the company’s shares in an initiating report dated January 14, 2025. Robert W. Baird August 05, 2024d the rating to Neutral on August 05, 2024, and set its price target from $102 to $85. Berenberg July 31, 2024d its ‘Buy’ rating to ‘Hold’ for ALB, as published in its report on July 31, 2024. HSBC Securities’s report from July 17, 2024 suggests a price prediction of $95 for ALB shares, giving the stock a ‘Hold’ rating. Wells Fargo also rated the stock as ‘Equal Weight’.
Analysis of Albemarle Corp (ALB)
ALB currently pays a dividend of $1.61 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -20.86%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Albemarle Corp’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -10.58% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.26, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 3.28M can be a very valuable indicator of volatility for ALB stock. On a monthly basis, the volatility of the stock is set at 7.58%, whereas on a weekly basis, it is put at 5.35%, with a loss of -3.31% over the past seven days. Furthermore, long-term investors anticipate a median target price of $79.61, showing growth from the present price of $57.49, which can serve as yet another indication of whether ALB is worth investing in or should be passed over.
How Do You Analyze Albemarle Corp Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.56%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 96.05% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ALB shares are owned by institutional investors to the tune of 96.05% at present.
