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ALB
Stock ticker:
NYSE
AS OF
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Price
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Capitalization
22.71B

ALB Price Prediction, Albemarle Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

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A.I.Advisor
a Summary for ALB with price predictions
08:00 PM EDT May 30, 2023

ALB in downward trend: price dove below 50-day moving average on May 31, 2023

ALB moved below its 50-day moving average on May 31, 2023 date and that indicates a change from an upward trend to a downward trend. In of 51 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on May 30, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ALB as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ALB broke above its upper Bollinger Band on May 09, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ALB's RSI Indicator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for ALB just turned positive on May 05, 2023. Looking at past instances where ALB's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for ALB crossed bullishly above the 50-day moving average on May 22, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ALB advanced for three days, in of 342 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 285 cases where ALB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.465) is normal, around the industry mean (3.157). P/E Ratio (6.203) is within average values for comparable stocks, (80.365). Projected Growth (PEG Ratio) (0.508) is also within normal values, averaging (5.162). Dividend Yield (0.008) settles around the average of (0.037) among similar stocks. P/S Ratio (2.599) is also within normal values, averaging (43.323).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ALB’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I. Advisor
published Earnings

ALB is expected to report earnings to fall 53.20% to $4.83 per share on August 02

Albemarle Corp ALB Stock Earnings Reports
Q2'23
Est.
$4.83
Q1'23
Beat
by $3.31
Q4'22
Beat
by $0.36
Q3'22
Beat
by $0.72
Q2'22
Beat
by $0.34
The last earnings report on May 03 showed earnings per share of $10.32, beating the estimate of $7.01. With 2.53M shares outstanding, the current market capitalization sits at 22.71B.
A.I.Advisor
published Dividends

ALB paid dividends on April 03, 2023

Albemarle Corp ALB Stock Dividends
А dividend of $0.40 per share was paid with a record date of April 03, 2023, and an ex-dividend date of March 16, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Dow (NYSE:DOW), DuPont de Nemours (NYSE:DD), Livent Corp (NYSE:LTHM), Chemours Company (The) (NYSE:CC).

Industry description

The specialty chemicals sector includes companies that produce chemicals and industrial gases, which are of relatively high-value, often made to customer specifications. Examples of specialty chemicals are electronic chemicals, industrial gases, coatings, adhesives and sealants, industrial and institutional cleaning chemicals. The products are often valued on the basis of their purposes/performances rather than for their composition. Linde Plc, Ecolab Inc., Air Products and Chemicals, Inc., and Dow, Inc. are some of the largest companies making specialty chemicals.

Market Cap

The average market capitalization across the Chemicals: Specialty Industry is 7.53B. The market cap for tickers in the group ranges from 47 to 173.15B. LIN holds the highest valuation in this group at 173.15B. The lowest valued company is GTBT at 47.

High and low price notable news

The average weekly price growth across all stocks in the Chemicals: Specialty Industry was -2%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -3%. LWLG experienced the highest price growth at 42%, while HUABF experienced the biggest fall at -28%.

Volume

The average weekly volume growth across all stocks in the Chemicals: Specialty Industry was 63%. For the same stocks of the Industry, the average monthly volume growth was 50% and the average quarterly volume growth was 83%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 58
Price Growth Rating: 54
SMR Rating: 60
Profit Risk Rating: 82
Seasonality Score: -7 (-100 ... +100)
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published price charts
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published General Information

General Information

a manufacturer of specialty polymers, chemicals and related products

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
Chemicals Specialty
Address
4250 Congress Street
Phone
+1 980 299-5700
Employees
7400
Web
https://www.albemarle.com
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ALB and

Correlation & Price change

A.I.dvisor indicates that over the last year, ALB has been closely correlated with LTHM. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if ALB jumps, then LTHM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ALB
1D Price
Change %
ALB100%
-4.13%
LTHM - ALB
83%
Closely correlated
-2.12%
SQM - ALB
79%
Closely correlated
-4.04%
CE - ALB
58%
Loosely correlated
-3.69%
CBT - ALB
55%
Loosely correlated
-2.60%
FUL - ALB
54%
Loosely correlated
-2.24%
More