Buy Albemarle
Amount
Latest price
$189.51
(£1.00 = $1.355)
Number of shares (est.)
0
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Metrics
Market Cap
$22.305B
P/E ratio
-118.76
EPS
-$1.596
Beta
1.43
Dividend rate
$1.62
Dividend yield
0.85%
About
Albemarle Corporation is engaged in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. The Company’s segments include Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. Its Specialties business optimizes its portfolio of bromine and highly specialized lithium solutions. Its Specialties business serves a variety of industries, including energy, mobility, connectivity, and health. Specialty products are essential in both internal combustion and electric vehicles, from high-voltage cables and powertrains to airbags and tires. Its Ketjen segment includes clean fuels technologies (CFT), fluidized catalytic cracking (FCC) catalysts and additives, and performance catalyst solutions (PCS). It serves various markets such as grid storage, automotive, aerospace, conventional energy, and others.
CEO
Mr. Jerry Kent Masters, Jr.
Employees
8,300
Sector
Industrials
Company HQ
CHARLOTTE, United States of America
Website
News
Here's Why Albemarle Stock Surged Higher This Week
Management's cost-cutting and refocusing on its core business is setting the company up for a dramatic increase in profits. The lithium cycle is turning, supported by emerging investment in battery energy storage systems (BESS).
Is It Worth Investing in Albemarle (ALB) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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