Here's What We Know About Albemarle Stock

Large-cap Basic Materials company Albemarle has logged a -6.8% change today on a trading volume of 1,732,106. The average volume for the stock is 1,389,381.

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Based in Charlotte, NC, the company has 6,000 full time employees and a market cap of $34,532,003,840. Albemarle currently offers its equity investors a dividend that yields 0.5% per year.

The company is now trading -6.67% away from its average analyst target price of $315.81 per share. The 22 analysts following the stock have set target prices ranging from $145 to $461, and on average give Albemarle a rating of buy.

Over the last year, ALB shares have gone up 16.1%, which represents a difference of 31.9% when compared to the S&P 500. The stock's 52 week high is $334.55 per share whereas its 52 week low is $169.93. With its operating margins declining an average -6.0% over the last four years, Albemarle may not have a strong enough business to keep this trend.If you would like a free fundamental analysis of Albemarle and other stocks that interest you, subscribe to our free newsletter!

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.