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NYSE: ALB

How to Buy Albemarle Stock

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Albemarle Corp

Albemarle is a specialty chemical company located in North Carolina, United States, which is part of the Basic Materials sector, and is traded under the ticker ALB on the NYSE exchange.

Albemarle stock last closed at $277.99, up 2.95% from the previous day, and has increased 4.32% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.15 percentage points. Albemarle stock is currently +63.59% from its 52-week low of $169.93, and -16.91% from its 52-week high of $334.55.

There are currently 117.15M ALB shares outstanding. The market cap of ALB is $32.57B. In the last 24 hours, 1.6M ALB shares were traded.

How to Buy Albemarle Stock

Wondering how to invest in Albemarle stock? Here's how.
  1. Choose where to buy Albemarle stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Albemarle stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected. It's the best place to buy ALB stock.
  3. Fund your investment account: Select your payment method and add your information.
  4. Research Albemarle stock: The Albemarle ticker symbol is ALB. Is Albemarle stock a good investment? Should you buy shares of ALB? How do ALB's underlying business fundamentals look? Do top analysts think Albemarle is a good buy? Why has ALB's stock price moved recently? (Hint: Our stock analysis website can help you decide if ALB is a good stock to buy).
  5. Make your ALB trade: Decide if you will purchase ALB shares at the current market price or use a limit order to buy ALB stock at a given price.
  6. Get the latest news on your ALB investment: Create a watchlist to get the latest news on your investment in Albemarle shares.

Step 1: Choose where to buy Albemarle stock

You will need a brokerage account in order to access the NYSE market and buy ALB stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best place to buy stocks. Here's why:

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Get $10 towards your stock purchase by opening an account with eToro now.

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Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, you need to fill out some personal information so you are able to invest in ALB today.

How to Open a New Account on eToro

  1. Click here to get started.
  2. Provide your personal details to open your new brokerage account.
  1. Send your info by clicking the "Create Account" button.
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Step 3: Fund your investment account

Check out the walkthrough below to see the process of transferring money into your brokerage account.

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Step 4: Research Albemarle stock

It's crucial to analyze stocks before you invest, so you actually understand the risk and opportunity.

Albemarle shares at a glance

ALB Price
$277.99
1w %
-2.08%
1y %
4.32%
5y %
106.96%
P/E
20.96x
P/B
4.84x
P/S
5.82x
PEG
1.1x
Revenue
$5.59B
Earnings
$1.55B
Fore. Rev. Growth
14.91%
Fore. Earn. Growth
19.09%
Market Cap
$32.57B
Next Earnings
N/A
Next Dividend
Jan 3, 2023

Albemarle Overview

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on ALB's stock page.

What is the fair value of ALB stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ALB's intrinsic value.

Using relative valuations measures:

  • ALB may be undervalued based on its P/E ratio of 20.96x, relative to Specialty Chemicals industry P/E ratio of 28.6x
  • ALB may be overvalued based on its P/B ratio of 4.84x, relative to Specialty Chemicals industry P/B ratio of 3.85x
  • ALB could be overvalued based on its PEG ratio of 1.1x

You can do additional valuation research on ALB's stock here.

How do ALB Financials look?

Positive Financial Indicators:

  • ALB profit margin has gone up from 6.4% to 27.8% in the past year.
  • There are more short-term assets than short-term liabilities on the ALB balance sheet.
  • ALB has cash burn of 307589000. It has enough cash and short-term investments to cover this for at least one year.
  • ALB has $1.38B in cash and short term investments. This is enough to cover its annual cash burn of $307.59M.

Negative Financial Indicators:

  • Total ALB debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the ALB balance sheet.
  • ALB has a relatively high debt to equity ratio of 1.02.

Is it a good time to buy ALB stock, according to Wall Street analysts?

Out of 14 sell side analysts who research ALB, the consensus analyst rating on Albemarle is a Buy

Should I buy or sell ALB stock?

Based on 14 analysts offering ratings for Albemarle Corp.
Buy
Strong Buy
5 analysts 35.71%
Buy
2 analysts 14.29%
Hold
4 analysts 28.57%
Sell
1 analysts 7.14%
Strong Sell
2 analysts 14.29%

Latest ALB Analyst Recommendations

Vincent Andrews, a top 20% analyst from Morgan Stanley maintains ALB with a strong sell rating and raises their ALB price target from $145.00 to $155.00, on Nov 28, 2022.

Arun Viswanathan, a top 26% analyst from RBC Capital maintains ALB with a buy rating and raises their ALB price target from $371.00 to $380.00, on Nov 8, 2022.

Chris Parkinson, a top 3% analyst from Mizuho maintains ALB with a hold rating and raises their ALB price target from $300.00 to $325.00, on Nov 4, 2022.

John Roberts, a top 6% analyst from Credit Suisse maintains ALB with a sell rating and raises their ALB price target from $196.00 to $200.00, on Nov 3, 2022.

Andres Castanos Mollor, an analyst from Berenberg downgrades ALB to a hold rating and raises their ALB price target from $260.00 to $270.00, on Oct 13, 2022.

You can dig deeper into what analysts are projecting on the Albemarle stock forecast page.

ALB Technical Indicators

SMA10
277.8
SMA20
287.75
SMA50
276.9
SMA100
267.38
SMA200
240.64
MACD
-1.5
MACD Signal
1.68
MACD Histogram
-3.19
RSI
48
Stochastic %K
11.08
Stochastic %D
9.98
StochRSI %K
10.42
StochRSI %D
5.87

ALB Earnings

Last year, ALB earnings were $1.55B. Over the past 5 year, ALB's earnings have gone up by 11.14% per year. This was faster than the Specialty Chemicals industry average of -12.89%.

Last year, ALB revenue was $5.59B. During the past 5 year, ALB's revenue has increased by 13.95% per year. This was slower than the Specialty Chemicals industry average of 28.62%.

Find out more about ALB's earnings and revenue performance here.

Are ALB insiders buying or selling the stock?

Over the last year, executives and large shareholders at ALB have sold more shares than they have bought.

Karen G. Narwold, EVP Chief Admin Officer of ALB, was the latest ALB insider to sell. They sold $2,923,542.72 worth of ALB shares on Nov 11, 2022.

Dig into more about who owns ALB stock here.

Can I rely on ALB as an income stream?

Albemarle pays a dividend of 0.57%, compared to the Specialty Chemicals industry's average dividend yield of 2.35%. If you owned $1,000 of ALB stock, you would have received $5.67 in the past 12 months.

Albemarle dividend payments have consistently grown over the past decade and have remained stable.

Dig into more info about Albemarle dividend yield and history here.

Get analysis from other investors

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your ALB trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, place a limit order.

Press the Open Trade button and your broker will place the order.

If you require more help with buying stocks on eToro, watch the how to video below:

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Step 6: Get the latest news on your ALB investment

Now that you own some shares in ALB, you'll want to keep up with your new company.

Add ALB to a watchlist to track your ALB stock.

ALB Feed

How to Buy Stock in Albemarle

To summarize, here are the 6 steps for buying Albemarle stock:

  1. Choose where to buy Albemarle stock
  2. Sign up for your brokerage account
  3. Fund your investment account
  4. Research Albemarle stock
  5. Make your ALB trade
  6. Get the latest news on your ALB investment

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you would like to track your investment in Albemarle, create your watchlist below.

NYSE: ALB
$277.99+7.97 (+2.95%)
Updated Nov 30, 2022
Open eToro Account
NYSE: ALB
$277.99+7.97 (+2.95%)
Updated Nov 30, 2022
Open eToro Account

FAQ

How much does it cost to buy one Albemarle share?

As of Nov 30, 2022, it costs $277.99 to buy one share of Albemarle stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.36 shares of ALB.

Get Started with eToro Today

Is now a good time to buy Albemarle stock?

According to 14 Wall Street analysts who monitor Albemarle, their consensus recommendation is to buy Albemarle stock.

What is the best way to buy Albemarle stock?

The best way to buy Albemarle stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.