Albemarle Corp [NYSE: ALB] gained 3.46% on the last trading session, reaching $79.25 price per share at the time.
If compared to the average trading volume of 2.13M shares, ALB reached a trading volume of 5153530 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Albemarle Corp [ALB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALB shares is $103.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALB stock is a recommendation set at 2.52. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Albemarle Corp shares, keeping their opinion on the stock as In-line, with their previous recommendation back on February 05, 2025. While these analysts kept the previous recommendation, Truist raised their target price to Hold. The new note on the price target was released on January 28, 2025, representing the official price target for Albemarle Corp stock. Previously, the target price had yet another raise to $112, while Clarksons Platou analysts kept a Buy rating on ALB stock. On August 05, 2024, analysts decreased their price target for ALB shares from 102 to 85.
The Average True Range (ATR) for Albemarle Corp is set at 3.54, with the Price to Sales ratio for ALB stock in the period of the last 12 months amounting to 1.73. The Price to Book ratio for the last quarter was 1.16, with the Price to Cash per share for the same quarter was set at 10.14.
Trading performance analysis for ALB stock
Albemarle Corp [ALB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.32. With this latest performance, ALB shares dropped by -14.44% in over the last four-week period, additionally plugging by 2.63% over the last 6 months – not to mention a drop of -34.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ALB stock in for the last two-week period is set at 38.57, with the RSI for the last a single of trading hit 40.54, and the three-weeks RSI is set at 39.14 for Albemarle Corp [ALB]. The present Moving Average for the last 50 days of trading for this stock 90.82, while it was recorded at 76.81 for the last single week of trading, and 98.14 for the last 200 days.
Albemarle Corp [ALB]: A deeper dive into fundamental analysis
Albemarle Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.19 and a Current Ratio set at 1.95.
An analysis of Institutional ownership at Albemarle Corp [ALB]
The top three institutional holders of ALB stocks are: VANGUARD GROUP INC with ownership of 14.31 million shares, which is approximately 12.1856%. BLACKROCK INC., holding 9.96 million shares of the stock with an approximate value of $$951.72 million in ALB stocks shares; and BLACKROCK INC., currently with $$684.77 million in ALB stock with ownership which is approximately 6.0996%.
