Latest news with #ALB
Yahoo
10 hours ago
- Business
- Yahoo
Albemarle Stock: Analyst Estimates & Ratings
With a market cap of $9.5 billion, Albemarle Corporation (ALB) is a global leader in specialty chemicals with strong positions in high-growth markets such as energy storage, mobility, and advanced materials. Operating through its Energy Storage, Specialties, and Ketjen segments, the company serves diverse industries including automotive, electronics, pharmaceuticals, and clean energy. Shares of the Charlotte, North Carolina-based company have underperformed the broader market over the past 52 weeks. ALB stock has risen 2.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 19.7%. Moreover, Albemarle stock has dipped 9.7% on a YTD basis, compared to SPX's 8.8% return. More News from Barchart This High-Yield (7%) Dividend Stock Is Down Significantly in 2025. Should You Buy the Dip? Dear CoreWeave Stock Fans, Mark Your Calendars for August 14 Tesla Is Axing Its Dojo Supercomputer Plans. What Does That Mean for TSLA Stock Here? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Looking closer, the specialty chemicals company stock has slightly outpaced the Materials Select Sector SPDR Fund's (XLB) marginal increase over the past 52 weeks. Despite Albemarle's better-than-expected Q2 2025 adjusted EPS of $0.11 and revenue of $1.3 billion on Jul. 30, shares fell 1.5% the next day due to lingering concerns over the lithium market. Lithium prices have plunged more than 90% in the past two years, pressuring margins and driving Albemarle to cut jobs, cancel projects, including a key U.S. refinery and lower its annual capital expenditure guidance to $650 million - $750 million. For the fiscal year ending in December 2025, analysts expect ALB's loss per share to improve 11.5% year-over-year to $2.07. The company's earnings surprise history is mixed. It beat the consensus estimates in two of the last four quarters while missing on two other occasions. Among the 24 analysts covering the stock, the consensus rating is a 'Hold.' That's based on six 'Strong Buy' ratings, two 'Moderate Buys,' 13 'Holds,' and three 'Strong Sells.' This configuration is slightly less bullish than three months ago, with seven 'Strong Buy' ratings on the stock. On Aug. 1, Scotiabank raised Albemarle's price target to $70 with a 'Sector Perform" rating. As of writing, the stock is trading below the mean price target of $79.39. The Street-high price target of $125 implies a potential upside of 58.8% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Irish Independent
4 days ago
- General
- Irish Independent
Rescue in Tralee Bay as swimmer is carried out to sea by strong currents
The incident happened at around 7pm when RNLI members received reports of a swimmer in trouble in the bay. The lifeguards at Locke's Beach at Fenit raised the alarm and the coastguard notified rescue members. The crew proceeded to the swimmer's last known position, but due to challenging search conditions, the Inshore Lifeboat requested assistance from the All-Weather Lifeboat (ALB). Both lifeboats commenced a coordinated joint search operation. The individual had initially been carried offshore by strong currents and an outgoing tide, in deteriorating weather and freshening conditions. After a period of searching, the swimmer was located approximately two miles from the originally reported location. Thanks to teamwork and professionalism, the swimmer was safely brought ashore Once safely recovered, the swimmer was provided with initial care and warming measures, and transported back to shore. Following the rescue, both lifeboats were refuelled, washed down, and made ready for service. The effective coordination between local lifeguards and RNLI lifeboat crews demonstrates how joint efforts can produce a swift response and a positive outcome.
Wall Street Journal
31-07-2025
- Business
- Wall Street Journal
Albemarle Cuts Costs as Lithium Prices Slump
Albemarle ALB -0.90%decrease; red down pointing triangle is tightening its operations and cutting costs in an effort to better navigate what Finance Chief Neal Sheorey called a volatile and dynamic lithium market. 'Our job is just to keep working on the things that are in our control, because we don't really have a clear line of sight to where pricing is going,' he said Thursday.
Yahoo
28-07-2025
- Business
- Yahoo
Earnings Preview: Albemarle (ALB) Q2 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on lower revenues when Albemarle (ALB) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This specialty chemicals company is expected to post quarterly loss of $0.83 per share in its upcoming report, which represents a year-over-year change of -2175%. Revenues are expected to be $1.24 billion, down 13.1% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 36.03% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Albemarle? For Albemarle, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +21.13%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Albemarle will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Albemarle would post a loss of$0.62 per share when it actually produced a loss of -$0.18, delivering a surprise of +70.97%. Over the last four quarters, the company has beaten consensus EPS estimates just once. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Albemarle doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Expected Results of an Industry Player Another stock from the Zacks Chemical - Diversified industry, Olin (OLN), is soon expected to post earnings of $0 per share for the quarter ended June 2025. This estimate indicates a year-over-year change of -100%. Revenues for the quarter are expected to be $1.67 billion, up 1.5% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Olin has been revised 24% down to the current level. Nevertheless, the company now has an Earnings ESP of -869.36%, reflecting a lower Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that Olin will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Albemarle Corporation (ALB) : Free Stock Analysis Report Olin Corporation (OLN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
27-07-2025
- Business
- Yahoo
Dividend Alert: Albemarle (ALB) Rises Ahead of Earnings
We recently published . Albemarle Corporation (NYSE:ALB) is one of the best-performing stocks on Thursday. Albemarle grew its share prices by 6.84 percent on Thursday to close at $84.18 apiece as investors repositioned portfolios ahead of the release of its second quarter earnings results. According to the company, it will announce its financial and operating highlights before market open on Thursday, July 31. An investor call will be held during the same day. In the first quarter of the year, Albemarle Corporation (NYSE:ALB) registered an attributable net income of $41.3 million, higher by 1,620 percent than the $2.4 million in the same period last year. Net sales amounted to $1.077 billion, marking a 20.9-percent decline from $1.360 billion year-on-year. In other news, Albemarle Corporation (NYSE:ALB) said its board of directors has approved the distribution of quarterly dividends worth $0.405 for each common share. The dividend rate, with an annualized rate of $1.62, is payable on October 1 to shareholders as of the September 12 record. While we acknowledge the potential of ALB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
