Albemarle (ALB) stock forecast for 2022. Forecast tables and graphs.

Albemarle (ALB) stock forecast for 2022

Last update: May 29, 2023 (05:17)

Sector: Basic materials

The share price of Albemarle Corp. (ALB) now

What analysts predict: $265.98
52-week High/Low: $333.39 / $171.82

50/200 Day Moving Average: $200.96 / $248.98

This figure corresponds to the Average Price over the previous 50/200 days. For Albemarle stocks, the 50-day moving average is the resistance level today.

For Albemarle stocks, the 200-day moving average is the resistance level today.

Are you interested in Albemarle stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Albemarle stock price in 2022. How much will one Albemarle share be worth in 2022? Is it worth taking profit / loss on Albemarle stock now or waiting? What are analysts' forecasts for Albemarle stock?

We forecast Albemarle stock performance using neural networks based on historical data on Albemarle stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Albemarle stock prediction results are shown below and presented as a graph, table and text information.

Albemarle stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Albemarle analysts is $265.98.

Today 200 Day Moving Average is the resistance level (248.98 $).

50 Day Moving Average is the resistance level (200.96 $).





Historical and forecast chart of Albemarle stock

The chart below shows the historical price of Albemarle stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Albemarle stock price can be found in the table below.

Albemarle (ALB) Forecast for 2022

Month Target Pes. Opt. Vol., %

Albemarle information and performance

Albemarle Corporation develops, manufactures and markets specialty chemicals around the world. It is a global company headquartered in Charlotte, North Carolina. It has almost 6 thousand employees and serves clients in about 100 countries. The corporation is one of the world leaders in the field of technologies for the production of fire-resistant chemicals.

The company was founded in February 1994. Starting with blotting paper, the company abandoned paper production in 1976, selling the business, and has been producing bromine in countries such as Jordan and France since the late 1990s.

Albemarle Address

4250 CONGRESS STREET, SUITE 900, CHARLOTTE, NC, US

Market Capitalization: 23 935 371 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 3 667 792 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 6.54

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.316

Price/earnings to growth

DPS: 1.585

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0078

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 31.19

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 3.888
Quarterly Revenue Growth YOY: 1.288
Trailing PE: 6.54

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 9.74

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 5.55

Enterprise Value (EV) /Revenue

EV To EBITDA: 15.91

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 117336000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Albemarle price target for 2022 by month




Albemarle (ALB) stock dividend

Albemarle last paid dividends on 06/15/2023. The next scheduled payment will be on 07/03/2023. The amount of dividends is $1.585 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


Related stocks from Basic materials sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.