Friday February 24th 2017: Albemarle Corporation, ALB is in the exchange NYSE and its industry is Specialty Chemicals in the sector of Basic Materials. Based in USA, Albemarle Corporation, ALB has a market cap of 12.9 B. Since its IPO date on the 2/22/1994, Albemarle Corporation, ALB performance year to date is 35.39%. Today Albemarle Corporation, ALB has gained 1.36%, with a current price of 118.13.
Ownership of the company is 0.30% for insider ownership while institutional ownership is 88.80%. The management of the company have seen the company have a payout ratio of 29.40%. Return of assets are at 5.50%, with return on investment at 7.80%.
In terms of debt levels and profit levels, Albemarle Corporation, ALB is seeing a long-term debt/equity of 0.38. While Total debt/equity is 0.47. With a profit margin of 17.00%, this is combined with a gross margin of 35.90%, and operating margin of 16.60%. Albemarle Corporation ability to meet debt levels, with a current ratio of 2, while the quick ratio is 1.5.
For the last year Albemarle Corporation, ALB has seen a EPS growth of 43.80%. A performance for the year of 36.75%. The 52-week high is 0.85%, and the 52-week low is 57.28%. The average volume for Albemarle Corporation, ALB is 888658.
With a target price of 119.65, can Albemarle Corporation, ALB reach this target? Looking at the value indicators of Albemarle Corporation, ALB. Albemarle Corporation has a P/E of 46.77 and a forward P/E of 23.13. Perhaps the more useful indicator than P/E, is PEG which has a value of 5.15. Albemarle Corporation also has a P/S and a P/B of 4.71 and 3.59 respectively. For P/cash, Albemarle Corporation has a value of 10.29, while it is 41.16 for P/free cash flow.
At the current price of 118.13, Albemarle Corporation has a dividend yield of 1.10%. We see a return on equity of 13.40%.
Looking more long-term Albemarle Corporation, is projected to get an EPS growth for the next five years of 9.08%. In the short-term an EPS growth of 15.50% in the next year is forecasted. This is after a EPS growth of 43.80% for this year and for the last five years a -1.90% growth has been seen.