Albemarle Corporation (NYSE: ALB) open the trading on July 08, 2020, with a bit cautious approach as it glided -0.06% to $77.95. During the day, the stock rose to $79.74 and sunk to $76.45 before settling in for the price of $78.00 at the close. Taking a more long-term approach, ALB posted a 52-week range of $48.89-$99.40.
The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 8.00%. Meanwhile, its Annual Earning per share during the time was 14.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -18.30%. This publicly-traded company’s shares outstanding now amounts to $106.23 million, simultaneously with a float of $105.70 million. The organization now has a market capitalization sitting at $8.02 billion. At the time of writing, stock’s 50-day Moving Average stood at $72.04, while the 200-day Moving Average is $70.53.
Let’s gauge the efficiency of the firm, which has a total of 6000 employees. It has generated 598,238 per worker during the last fiscal year. Meanwhile, its income per employee was 88,871. The stock had 4.95 Receivables turnover and 0.41 Total Asset turnover. For the Profitability, stocks gross margin was +35.07, operating margin was +19.09 and Pretax Margin of +15.68.
Albemarle Corporation (ALB) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Specialty Chemicals industry. Albemarle Corporation’s current insider ownership accounts for 0.40%, in contrast to 95.70% institutional ownership. According to the most recent insider trade that took place on Feb 28, this organization’s EVP, Chief Admin Officer sold 531 shares at the rate of 78.11, making the entire transaction reach 41,476 in total value, affecting insider ownership by 41,429. Preceding that transaction, on Feb 28, Company’s EVP & CFO sold 630 for 78.11, making the whole transaction’s value amount to 49,209. This particular insider is now the holder of 53,528 in total.
Albemarle Corporation (ALB) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 3/30/2020 suggests? It has posted $1 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.83) by $0.17. This company achieved a net margin of +14.86 while generating a return on equity of 14.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.
Albemarle Corporation’s EPS decrease for this current 12-month fiscal period is -18.30% and is forecasted to reach 4.49 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the 14.40% growth it accomplished over the previous five years trading on the market.
Albemarle Corporation (NYSE: ALB) Trading Performance Indicators
Let’s observe the current performance indicators for Albemarle Corporation (ALB). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 3.02. Alongside those numbers, its PE Ratio stands at $16.36, and its Beta score is 1.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.30.
In the same vein, ALB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.77, a figure that is expected to reach 0.74 in the next quarter, and analysts are predicting that it will be 4.49 at the market close of one year from today.
Technical Analysis of Albemarle Corporation (ALB)
[Albemarle Corporation, ALB] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 74.53% While, its Average True Range was 3.00.
Raw Stochastic average of Albemarle Corporation (ALB) in the period of the previous 100 days is set at 76.43%, which indicates a major rise in contrast to 62.40% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 36.45% that was lower than 81.00% volatility it exhibited in the past 100-days period.