Is Albemarle Corp (NYSE: ALB) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Albemarle Corp is listed on the NYSE in the Basic Materials sector while operating in the Specialty Chemicals industry. The current market capitalization of Albemarle Corp is $9.55B. A total of 1.68 million shares were traded on the day, compared to an average of 2.17M shares.

In the most recent transaction, Masters J Kent sold 2,525 shares of ALB for 101.12 per share on Dec 05 ’24. After the transaction, the Chairman & CEO now owns 73,747 company shares. In a previous transaction on Dec 05 ’24, Jerry Kent Masters Jr. bought 2,525 shares at 102.61 per share.

Among the insiders who sold shares, Johnson Netha N. disposed of 1,060 shares on Nov 19 ’24 at a per-share price of $106.04. This resulted in the Chief Operations Officer holding 30,360 shares of ALB after the transaction. In another insider transaction, Johnson Netha N. bought 1,060 shares at $106.04 per share on Nov 19 ’24.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. ALB’s most recent ex-dividend date was 1.65% when it declared a $0.4050 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/13/2024 with an ex-dividend date of 1.66%. The ALB stock dividend was $0.4050 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, ALB has a high of $143.19 and a low of $71.97.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ALB’s latest balance sheet shows that the firm has $439.27M in Cash & Short Term Investments as of fiscal 2021. There were $2.52B in debt and $1.87B in liabilities at the time. Its Book Value Per Share was $68.11, while its Total Shareholder’s Equity was $5.81B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALB is Buy with a score of 3.58.

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