Professional
Added to YB: 2024-09-20
Pitch date: 2024-09-11
ALB [bullish]
Albemarle Corporation
+53.03%
current return
Author Info
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Company Info
Albemarle Corporation provides energy storage solutions worldwide. It operates through three segments: Energy Storage, Specialties, and Ketjen.
Market Cap
$15.3B
Pitch Price
$86.74
Price Target
225.00 (+70%)
Dividend
1.25%
EV/EBITDA
19.18
P/E
-81.37
EV/Sales
3.97
Sector
Chemicals
Category
value
Show full summary:
Albemarle Corporation: Lithium: Producer Shares Rally on High-Cost Supply Cut
ALB: Lithium producer at 40% of $225 FV. Low-cost assets in Chile & Australia. Demand growth to 2.5M tons by 2030. Prices volatile, avg $20k/ton long-term. Risks: EV demand, new tech, Chile politics. Standard capital allocation. New pricing strategy. Masters CEO since 2020.