ALB

Albemarle (ALB) Crashes Despite Blowout Earnings

Large-cap basic materials company Albemarle has moved -9.67% this afternoon, reaching $258.01 per share. In contrast, the average analyst target price for the stock is $311.88.

Albemarle Corporation is a fine chemical manufacturing company based in Charlotte, North Carolina. If you are thinking buying Albemarle should be aware of the facts below:

  • Based on its trailing earning per share of 13.19, Albemarle has a trailing 12 month Price to Earnings (P/E) ratio of 19.56

  • ALB has a forward P/E ratio of 9.74.

  • The company has a price to earnings growth (PEG) ratio of 0.316 — a number between 0 and 1 signifying that Albemarle is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 4.313

  • The large-cap company is based in the United States. Albemarle currently returns an annual dividend yield of 0.59%.

  • Here's an overview of the company's last 5 years of cash flows:

Date Reported Cash Flow from Operations (k) Capital Expenditures (k) Free Cash Flow (k) YoY Growth
2022-12-31 $1,907,849 $1,261,646 $646,203 206.04%
2021-12-31 $344,257 $953,667 -$609,410 -1081.87%
2020-12-31 $798,914 $850,477 -$51,563 61.06%
2019-12-31 $719,374 $851,796 -$132,422 13.91%
2018-12-31 $546,165 $699,991 -$153,826 n/a
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.

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