Alert: Negative Fundamental Signals (11/8/24)-Albemarle Corp (NYSE: ALB)

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Albemarle Corp (NYSE: ALB) suffers from extremely meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

ALB is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Albemarle has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Albemarle has a slightly positive Appreciation Score of 70 but a very low Power Rating of 6, with the Negative Value Trend Rating the result.

Recent Price Action

On 11/8/24, Albemarle Corp (NYSE: ALB) stock rose modestly by 0.9%, closing at $100.84. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 6.4% during the last week.

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