ALB - Albemarle Corporation
89.26 0.00 (0.00%)
After hours: 6:08PM EST
| Previous Close | 82.81 |
| Open | 88.59 |
| Bid | 88.20 x 800 |
| Ask | 89.97 x 800 |
| Day's Range | 85.83 - 92.00 |
| 52 Week Range | 71.89 - 118.83 |
| Volume | 5,503,529 |
| Avg. Volume | 1,526,915 |
| Market Cap | 9.48B |
| Beta (3Y Monthly) | 1.11 |
| PE Ratio (TTM) | 28.63 |
| EPS (TTM) | 3.12 |
| Earnings Date | Feb 25, 2019 - Mar 1, 2019 |
| Forward Dividend & Yield | 1.34 (1.61%) |
| Ex-Dividend Date | 2018-12-13 |
| 1y Target Est | 109.25 |
- Motley Fool•2 hours ago
Stock Market Today: Lithium Lifts Albemarle and Boston Beer Bubbles Higher
Major benchmarks fell on concerns about economic growth.
- Associated Press•2 hours ago
Avis and Jack in the Box rise as Navient, Dominos dip
Stocks that moved substantially or traded heavily on Thursday: Avis Budget Group Inc., up $5.04 to $34.45 Higher pricing helped boost revenue for the car rental company and its quarterly profit beat forecasts. ...
Motley Fool•3 hours agoAlbemarle Corporation (ALB) Q4 2018 Earnings Conference Call Transcript
ALB earnings call for the period ending December 31, 2018.
Bloomberg•4 hours agoLithium Market Cheers as Top Supplier Sees Demand Driving Higher
Albemarle Corp.’s fourth-quarter earnings topped analysts’ estimates, and it expects global lithium demand to grow 21 percent annually, with the market remaining tight for years as manufacturing of electric cars and large-scale batteries soars. Albemarle said it sees no evidence of a slowdown, with sales of new-energy vehicles doubling in China last year and indications that demand for electric cars will continue to benefit from government incentive programs in the Asian nation. Shares of Tianqi Lithium Corp., the third-largest, posted their highest closing price this year.
- TheStreet.com•6 hours ago
Albemarle Climbs as Lithium Producer Beats Forecasts
climbed 5.98% to $87.76 Thursday after the lithium producer beat Wall Street's fourth-quarter earnings and revenue expectations. The company said revenue growth was driven by increased sales volumes and the favorable impact of sales pricing in each of Albemarle's reportable segments. For the year, Albemarle reported profit of $693.6 million, or $6.34 a share, and revenue totaled $3.37 billion.
- Motley Fool•6 hours ago
Here's Why Albemarle Rose as Much as 11.1% Today
The world's largest lithium producer announced full-year 2018 earnings and provided guidance for the year ahead.
- Zacks•12 hours ago
Albemarle's (ALB) Earnings & Sales Trounce Estimates in Q4
Higher sales volumes and favorable pricing drove Albemarle's (ALB) results in Q4. The company provided an upbeat outlook for 2019.
- Zacks•yesterday
Albemarle (ALB) Tops Q4 Earnings and Revenue Estimates
Albemarle (ALB) delivered earnings and revenue surprises of 4.79% and 3.57%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•yesterday
Albemarle: 4Q Earnings Snapshot
On a per-share basis, the Charlotte, North Carolina-based company said it had net income of $1.21. Earnings, adjusted for non-recurring costs, came to $1.53 per share. The results beat Wall Street expectations. ...
- MarketWatch•yesterday
Albemarle stock rises 5% as lithium producer beats forecasts, sees steady demand
Shares of Albemarle Corp. rose more than 5% in the extended session Wednesday after the lithium producer beat Wall Street expectations for its fourth quarter and called for sales and profit growth this year. Albemarle earned $129.6 million, or $1.21 a share, versus a loss of $218.4 million, or $1.95 a share, in the fourth quarter of 2017. Adjusted for one-time items, Albemarle earned $163.7 million, or $1.53 a share, compared with $149.8 million, or $1.34 a share, a year ago. Revenue rose to $921.7 million, compared with $857.8 million a year ago. Analysts polled by FactSet had expected adjusted earnings of $1.47 a share on sales of $895 million. Albemarle said it expects sales between $3.65 billion and $3.85 billion, and adjusted profit between $6.10 a share and $6.50 a share for 2019. "Our growth will be driven by increased volume in our core lithium business," while other businesses will be flat, the company said. "We are not forecasting any significant macroeconomic headwinds and have not seen any decline in our customer demand forecasts."
- Reuters•yesterday
Albemarle bullish on lithium outlook after 4th quarter profit
Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries. The forecast for sales growth of up to 14 percent this year comes as anxiety grows among some investors that the race to supply lithium for batteries and other materials could flood the market, hurting profits by decreasing prices. Albemarle said it expects 2019 sales of $3.65 billion to $3.85 billion.
- Reuters•yesterday
Albemarle swings to quarterly profit on rising lithium sales
Albemarle Corp, the world's largest lithium producer, said on Wednesday it swung to a quarterly profit due to rising sales and prices for the white metal used to make electric car batteries. The company ...
- PR Newswire•yesterday
Albemarle ends 2018 strong; projecting continued growth in 2019
CHARLOTTE, N.C. , Feb. 20, 2019 /PRNewswire/ -- Fourth quarter 2018 highlights: Fourth quarter net sales were $921.7 million , an increase of 7% over the prior year; earnings were $129.6 million , or $1.21 ...
- Benzinga•yesterday
A Preview Of Albemarle's Q4 Earnings
On Wednesday, Albemarle (NYSE: ALB ) will release its latest earnings report. Benzinga's outlook for Albemarle is included in the following report. Earnings and Revenue Analysts covering Albemarle modeled ...
Market Realist•2 days agoPraxair to Double the Neosho Plant’s Capacity
Update on Chemical Companies Last Week(Continued from Prior Part)Praxair announced an expansionOn February 11, Praxair, the wholly owned subsidiary of Linde (LIN), announced that it will double the capacity of the plant in Neosho, Missouri. The
- Zacks•3 days ago
Can Albemarle (ALB) Maintain Earnings Beat Streak in Q4?
Albemarle (ALB) will likely gain from higher expected volumes and pricing in its lithium business in Q4.
Yahoo Finance•4 days agoFOMC minutes, Walmart earnings – What to know in the week ahead
The release of the Federal Reserve's meeting minutes Wednesday will be a focal point this week.
- Motley Fool•5 days ago
Could Albemarle Corporation Be a Millionaire Maker Stock?
Lithium is driving the price of Albemarle lower, but it could still end up turning the stock into a millionaire maker
- American City Business Journals•7 days ago
Charlotte's Women In Business: Tina Craft
Tina Craft, vice president of commercial operations at Albemarle Corp., is a 2019 honoree in the CBJ’s Women in Business awards program.
- Simply Wall St.•7 days ago
How Financially Strong Is Allgäuer Brauhaus AG (MUN:ALB)?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! While small-cap stocks, such as Allgäuer BrauhausRead More...
- Zacks•8 days ago
Albemarle (ALB) Reports Next Week: Wall Street Expects Earnings Growth
Albemarle (ALB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•10 days ago
Albemarle (ALB) Stock Sinks As Market Gains: What You Should Know
Albemarle (ALB) closed at $80.86 in the latest trading session, marking a -0.19% move from the prior day.
- Simply Wall St.•10 days ago
Intrinsic Calculation For Albemarle Corporation (NYSE:ALB) Shows Investors Are Overpaying
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! I am going to run you throughRead More...
- Market Realist•15 days ago
Albemarle: Citibank Downgraded It to ‘Neutral’
Albemarle: Citibank Downgraded It to 'Neutral'Citibank downgraded Albemarle On February 5, Citibank downgraded Albemarle (ALB) from “buy” to “neutral” and reduced the target price to $81 from the previous target price of $90. Citibank stated
- GlobeNewswire•15 days ago
The Battery Race in the US and How Lithium Plays a Leading Role
On Monday, February 4th, investors were charged up as Maxwell Technologies, Inc. (Nasdaq:MXWL), a developer and manufacturer of energy solutions announced it has entered into an agreement to be acquired at $4.75 per share by electric car company, Tesla, Inc. (Nasdaq:TSLA). "We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Dr. Franz Fink, President and Chief Executive Officer of Maxwell.
