Shares of Industrials sector company Albemarle moved -1.2% today, and are now trading at a price of $228.17. The large-cap stock's daily volume was 2,348,926 compared to its average volume of 2,298,811. The S&P 500 index returned a -0.0% performance.
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. The company is based in Charlotte and has 7,400 full time employees. Its market capitalization is $26,772,555,776. Albemarle currently offers its equity investors a dividend that yields 0.7% per year.
25 analysts are following Albemarle and have set target prices ranging from $155.0 to $360.0 per share. On average, they have given the company a rating of buy. At today's prices, ALB is trading -13.42% away from its average analyst target price of $263.54 per share.
Over the last year, ALB's share price has increased by 5.5%, which represents a difference of -12.0% when compared to the S&P 500. The stock's 52 week high is $334.55 per share whereas its 52 week low is $171.82. Albemarle has averaged free cash flows of $-36798000.0 over the last 4 years, but they have been increasing at a rate of 55.7%. Nonetheless, more cautious investors will probably avoid this stock until the business becomes firmly cash positive.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ 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 | n/a |
