Albemarle (ALB) stock forecast for 2024

The forecast has been updated: January 24, 2022 5:20


Albemarle stock price online today

Analyst Target Price

261.05

Dividend Date

03.01.2022

Ex Dividend Date

16.12.2021

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Albemarle stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Albemarle stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $261.05 target price for Albemarle stock stock.

Today 200 Day Moving Average is the support level (210.83 $).

50 Day Moving Average is the resistance level (247.77 $).




ALB Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 282.29 267.05 302.95 11.85 %
Feb 312.78 294.76 321.79 8.40 %
Mar 299.27 276.28 317.58 13.00 %
Apr 310.04 288.09 331.25 13.03 %
May 302.23 284.46 316.37 10.09 %
Jun 308.03 295.83 324.66 8.88 %
Jul 304.33 288.26 321.50 10.34 %
Aug 312.37 291.00 335.23 13.19 %
Sep 347.60 324.66 358.45 9.43 %
Oct 338.01 323.00 350.58 7.87 %
Nov 370.46 342.90 382.46 10.34 %
Dec 354.01 343.39 372.70 7.86 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Albemarle stock.


Albemarle overview

Albemarle Address

4350 CONGRESS STREET, SUITE 700, CHARLOTTE, NC, US

Market Capitalization

24 886 645 000 $

EBITDA

809 471 000

PE Ratio

114.01

PEG Ratio

2.205

Dividend Per Share

1.555

Dividend Yield

0.0073

EPS

1.866

Quarterly Earnings Growth YOY

3.525

Quarterly Revenue Growth YOY

0.112

Trailing PE

114.01

Forward PE

47.17

EV To Revenue

9.71

EV To EBITDA

62.73

52 Week High

291.01

52 Week Low

132.74

50 Day Moving Average

247.77

200 Day Moving Average

210.83

Shares Outstanding

116976000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Albemarle stock forecast for this year


Albemarle stock forecast for Jan 2024.
Estimated Average Forecasted Albemarle Price: 282.29. Positive monthly dynamics of the instrument is expected with 11.852% volatility is expected.

Pessimistic forecast: 267.05

Optimistic: 302.95


Albemarle stock forecast for Feb 2024.
Estimated Average Forecasted Albemarle Price: 312.78. Positive monthly dynamics of the instrument is expected with 8.398% volatility is expected.

Pessimistic forecast: 294.76

Optimistic: 321.79


Albemarle stock forecast for Mar 2024.
Estimated Average Forecasted Albemarle Price: 299.27. Negative monthly dynamics of the instrument is expected with 13.004% volatility is expected.

Pessimistic forecast: 276.28

Optimistic: 317.58


Albemarle stock forecast for Apr 2024.
Estimated Average Forecasted Albemarle Price: 310.04. Positive monthly dynamics of the instrument is expected with 13.029% volatility is expected.

Pessimistic forecast: 288.09

Optimistic: 331.25


Albemarle stock forecast for May 2024.
Estimated Average Forecasted Albemarle Price: 302.23. Negative monthly dynamics of the instrument is expected with 10.088% volatility is expected.

Pessimistic forecast: 284.46

Optimistic: 316.37


Albemarle stock forecast for Jun 2024.
Estimated Average Forecasted Albemarle Price: 308.03. Positive monthly dynamics of the instrument is expected with 8.880% volatility is expected.

Pessimistic forecast: 295.83

Optimistic: 324.66


Albemarle stock forecast for Jul 2024.
Estimated Average Forecasted Albemarle Price: 304.33. Negative monthly dynamics of the instrument is expected with 10.337% volatility is expected.

Pessimistic forecast: 288.26

Optimistic: 321.50


Albemarle stock forecast for Aug 2024.
Estimated Average Forecasted Albemarle Price: 312.37. Positive monthly dynamics of the instrument is expected with 13.194% volatility is expected.

Pessimistic forecast: 291.00

Optimistic: 335.23


Albemarle stock forecast for Sep 2024.
Estimated Average Forecasted Albemarle Price: 347.60. Positive monthly dynamics of the instrument is expected with 9.426% volatility is expected.

Pessimistic forecast: 324.66

Optimistic: 358.45


Albemarle stock forecast for Oct 2024.
Estimated Average Forecasted Albemarle Price: 338.01. Negative monthly dynamics of the instrument is expected with 7.867% volatility is expected.

Pessimistic forecast: 323.00

Optimistic: 350.58


Albemarle stock forecast for Nov 2024.
Estimated Average Forecasted Albemarle Price: 370.46. Positive monthly dynamics of the instrument is expected with 10.345% volatility is expected.

Pessimistic forecast: 342.90

Optimistic: 382.46


Albemarle stock forecast for Dec 2024.
Estimated Average Forecasted Albemarle Price: 354.01. Negative monthly dynamics of the instrument is expected with 7.865% volatility is expected.

Pessimistic forecast: 343.39

Optimistic: 372.70



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