Albemarle Corporation: Current Lithium Prices Spell Trouble [Seeking Alpha]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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US:NYSE Investor Relations:
investors.albemarle.com
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Source: Seeking Alpha
Lithium prices have fallen significantly over the past few months as supply has entered the market. I argue why, at current prices, Albemarle has trouble generating free cash flow and the stock price isn't reflecting that. Thesis Summary At current lithium prices, Albemarle has trouble generating positive FCF and high enough margins to sustain itself, which doesn't seem to be fully reflected in the stock price. If lithium prices remain at their current range, this could spell Recommended For You
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ALB
News
- Albemarle Co. (NYSE: ALB) had its price target lowered by analysts at Piper Sandler from $122.00 to $95.00. They now have an "underweight" rating on the stock.MarketBeat
- Why the Market Dipped But Albemarle (ALB) Gained Today [Yahoo! Finance]Yahoo! Finance
- Is Now An Opportune Moment To Examine Albemarle Corporation (NYSE:ALB)? [Yahoo! Finance]Yahoo! Finance
- Global Bromine Market Report 2024: Case Studies of Impact of Brominated Flame Retardants on Recycling of Waste Plastics in Europe and Effect of Ammonium Bromide on Flame Retardancy in Cotton Fabric [Yahoo! Finance]Yahoo! Finance
- Lithium's Ongoing Slump Has Traders Searching for Recovery Signs [BNN Bloomberg (Canada)]BNN Bloomberg
ALB
Earnings
- 5/1/24 - Miss
ALB
Sec Filings
- 6/20/24 - Form 11-K
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- ALB's page on the SEC website