Albemarle Corp (ALB)

ALB (NYSE:Chemicals)
$63.40
neg -0.59
-0.92%
Today's Range: 63.36 - 64.09 | ALB Avg Daily Volume: 745,100
Last Update: 06/19/13 - 4:00 PM EDT
Volume: 367,398
YTD Performance: 3.01%
Open: $63.98
Previous Close: $63.99
52 Week Range: $50.88 - $69.03
Oustanding Shares: 87,844,521
Market Cap: 5,560,558,179
6-Month Chart
TheStreet Ratings Grade for ALB
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 4 4 5 5
Moderate Buy 1 1 1 1
Hold 9 9 9 9
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.36 2.36 2.27 2.27
Latest Dividend: 0.24
Latest Dividend Yield: 1.52%
Dividend Ex-Date: 06/12/13
Price Earnings Ratio: 20.16
Price Earnings Comparisons:
ALB Sector Avg. S&P 500
20.16 19.70 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
2.48% 6.08% 49.75%
GROWTH 12 Mo 3 Yr CAGR
Revenue -4.30 0.37 0.11
Net Income -24.30 0.85 0.23
EPS -27.30 0.79 0.21
Earnings for ALB:
EBITDA 0.62B
Revenue 2.75B
Average Earnings Estimates
Qtr (06/13) Qtr (09/13) FY (12/13) FY (12/14)
Average Estimate $1.01 $1.35 $4.75 $5.51
Number of Analysts 12 11 15 13
High Estimate $1.15 $1.49 $5.11 $5.85
Low Estimate $0.92 $1.20 $4.60 $5.25
Prior Year $1.24 $1.10 $4.85 $4.75
Growth Rate (Year over Year) -18.88% 22.89% -2.10% 16.15%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands

bearishAlbemarle Corporation estimates and price target reduced at Jefferies

Apr 1, 2013 | 8:39 AM EDT

ALB earnings estimates through 2014 were reduced based on cautious margin assumptions and slower sales growth, said Jefferies. Price target is $78.

bearishAlbemarle downgraded at Citigroup

Jan 24, 2013 | 8:08 AM EST

ALB was downgraded to Neutral from Buy, Citigroup said. $71 price target. Weaker bromine trends. 

bearishAlbermarle downgraded at Deutsche

Jan 24, 2013 | 8:00 AM EST

ALB was downgraded from Buy to Hold, Deutsche Bank said. $70 price target. Company lacks near-term catalysts. 

bearishAlbermarle downgraded at JP Morgan

Jan 24, 2013 | 7:55 AM EST

ALB was downgraded from Overweight to Neutral, JP Morgan said. Valuation call, based on a $67 price target. 

bullishAlbermarle rated new Outperform at Baird

Dec 13, 2012 | 6:54 AM EST

ALB was initiated with an Outperform rating, Robert Baird said. $72 price target. Company has a solid balance sheet and is expanding production capacity. 

 

bullishAlbemarle target raised at Jefferies

Dec 3, 2012 | 8:33 AM EST

Shares of ALB now seen reaching $77, Jefferies said. Improvements in end markets. Buy rating.

bullishAlbermarle upgraded at Goldman

Nov 13, 2012 | 7:55 AM EST

ALB was upgraded to Buy, Goldman Sachs said. Valuation call, as the stock is already pricing in lower near-term growth. 

By

John Reese

 | Sep 27, 2012 | 7:30 AM EDT

These stocks are all based in some of the reddest states in the country.

updateAlbemarle Corporation rated new Equal-weight at Morgan Stanley

Sep 18, 2012 | 8:15 AM EDT

ALB was initiated with an Equal-weight rating, Morgan Stanley said. More upside potential in other chemical "Big Ideas."

bearishAlbemarle numbers lowered at Jefferies

Aug 17, 2012 | 8:17 AM EDT

Shares of ALB now seen reaching $74, Jefferies said. Estimates also lowered on electronics caution. Buy rating.

Fed Statement follow up...

By

Roger Arnold

 | Jun 19, 2013 | 4:49 PM EDT
I posted earlier that the Fed's positive comments concerning economic growth since last fall are disturbing. This the ge...

The Fed Statement and the Selloff in Bonds

By

Gene Balas

 | Jun 19, 2013 | 4:34 PM EDT
The Fed had a more optimistic take on things - particularly its change in stance that it now sees "the downside risks to...

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