Shares of Industrials sector company Albemarle moved -2.5% today, and are now trading at a price of $202.89. The large-cap stock's daily volume was 2,006,354 compared to its average volume of 1,990,170. The S&P 500 index returned a -1.0% 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 $23,806,300,160. Albemarle currently offers its equity investors a dividend that yields 0.8% 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 -23.89% away from its average analyst target price of $266.58 per share.
Over the last year, ALB shares have gone down by -15.0%, which represents a difference of -25.0% when compared to the S&P 500. The stock's 52 week high is $334.55 per share and its 52 week low is $171.82. With average free cash flows of $1.92 Billion that have been growing at an average rate of 19.4% over the last 4 years, Albemarle declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-15 | 1,907,849 | -1,261,646 | 3,169,495 | 144.2 |
| 2022-02-22 | 344,257 | -953,667 | 1,297,924 | -21.31 |
| 2021-02-19 | 798,914 | -850,477 | 1,649,391 | 5.68 |
| 2020-04-15 | 719,374 | -841,440 | 1,560,814 | n/a |
