Fundamentals for Albemarle Corporation
There were 6 Albemarle Corporation sales transactions, at market price of 147.30500030517578.1 transactions to buy ALB took place, with market price at 84.47000122070312 pe...
Business Operations:
Sector: Basic MaterialsIndustry: Specialty Chemicals
Albemarle Corporation provides energy storage solutions worldwide. It operates through three segments: Energy Storage, Specialties, and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride for use in lithium batteries used in consumer electronics and electric vehicles, power grids and solar panels, high performance greases, specialty glass used in consumer appliances and electronics. The Specialties segment provides bromine and highly specialized lithium solutions for various industries, such as energy, mobility, connectivity, and health comprising fire safety compounds; bromine-based specialty chemicals products, including elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and various bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. This segment also provides organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates in the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Ketjen segment offers clean fuels technologies, including hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical device industries. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Revenue projections:
Financial Ratios:
| currentRatio | 2.086000 |
|---|---|
| forwardPE | 8.476013 |
| debtToEquity | 18.976000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.311000 |
| grossMargins | 0.239600 |
| operatingMargins | 0.277100 |
| trailingEps | 0.270000 |
| forwardEps | 11.264730 |
ALB's current ratio of 2.086 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, ALB can comfortably cover its liabilities, reflecting a strong financial outlook.
Albemarle Corporation's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making Albemarle Corporation a stable and conservative investment.
Price projections:
Insider Transactions:
There were 6 Albemarle Corporation sales transactions, at market price of 147.30500030517578.1 transactions to buy ALB took place, with market price at 84.47000122070312 per share.The insider transaction data lacks a clear pattern, offering no meaningful signals regarding the company's future course or current momentum.
Recommendation changes over time:
The recent buy bias from analysts suggests ALB is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, ALB appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.