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Is this Large Market Cap Stock target price reasonable for Albemarle Corporation (NYSE:ALB)?

The company in question is, Albemarle Corporation (NYSE:ALB) currently with a stock price of 81.35 (1.13% today). The market cap for Albemarle Corporation is 9181.42, and is in the sector Basic Materials, and Specialty Chemicals industry. The target price for Albemarle Corporation is 89.43. Currently Albemarle Corporation is trading with a P/E of 16.94, and a forward P/E of 20.08. Average volume for Albemarle Corporation is 1208.48 and so far today it is 320003.

Performance in the last year for Albemarle Corporation has been 59.32%. For EPS growth, Albemarle Corporation has seen a growth of 17.10%, and is looking to grow in the next year to 15.05%. More long term stats show that EPS growth has been -2.60% over the last five years and could be 9.27% for the next five years. Albemarle Corporation has seen sales growth quarter over quarter at -6.80%, with EPS growth quarter over quarter at 99.20%. The 20-day simple moving average is 0.04%, with the 200-day simple moving average coming to 15.51%.

Since the IPO date for Albemarle Corporation on the 2/22/1994, Albemarle Corporation has seen performance year to date to be 45.46%. With Albemarle Corporation trading at 81.35, the dividend yield is 1.52%, and the EPS is 4.75.

So could Albemarle Corporation, be undervalued? Well as said before P/E is 16.94. The PEG is 1.83, P/S is 2.9 and the P/B is at 2.86. The P/cash is 47.4, with P/free cash flow at 55.48.

Albemarle Corporation ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 0.9. This is with long term debt/equity at 0.96, and total debt/equity at 1.11.

In terms of margins, Albemarle Corporation has a gross margin of 35.70%, an operating margin of 21.10% and a profit margin of 4.80%.Payout ratio for Albemarle Corporation is 87.20%. Return on assets come to 1.60% with return on investment coming to 5.80%.

Insider ownership for Albemarle Corporation, is at 0.20% and institutional ownership comes to 93.50%. Outstanding shares are at 114.14. While shares float is 112.04. The float short is currently 3.13%, and short ratio is 2.91.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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