How to buy Albemarle (ALB) shares in Australia
Learn how to easily invest in Albemarle shares.
Albemarle Corp (ALB) is a leading specialty chemicals business with stocks listed in the US. It opened the day at US$117.5 after a previous close of US$113.26. During the day the price has varied from a low of USD116.71 to a high of USD122.17. The latest price was USD118.3 (25 minute delay). Albemarle is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Albemarle
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Albemarle. Find the share by name or ticker symbol: ALB. Research its history to confirm it's a solid investment that matches your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Albemarle reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$113.26, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Albemarle, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Albemarle. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.
What's in this guide?
- Albemarle key stats
- Compare share trading platforms
- Is Albemarle stock a buy or sell?
- Albemarle performance over time
- Is Albemarle suitable for ethical investing?
- Are Albemarle shares over-valued?
- Albemarle's financials
- How volatile are Albemarle shares?
- Does Albemarle pay a dividend?
- Have Albemarle shares ever split?
- Other common questions
Albemarle stock price (NYSE:ALB)Use our graph to track the performance of ALB stocks over time.
Have Albemarle's shares ever split?
Albemarle's shares were split on a 2:1 basis on 2 March 2007. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Albemarle shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Albemarle shares which in turn could have impacted Albemarle's share price.
Albemarle shares at a glance
|52-week range||US$112 - US$291.3148|
|50-day moving average||US$140.6698|
|200-day moving average||US$192.8346|
|Dividend yield||US$1.595 (1.27%)|
|Earnings per share (TTM)||US$28.21|
Albemarle price performance over time
|1 week (2023-11-29)||-4.12%|
|1 month (2023-11-06)||-0.97%|
|3 months (2023-09-06)||-37.68%|
|6 months (2023-06-06)||-44.49%|
|1 year (2022-12-06)||-54.15%|
|2 years (2021-12-06)||-52.40%|
|3 years (2020-12-07)||-15.50%|
|5 years (2018-12-06)||29.73%|
Compare trading platforms to buy Albemarle shares
Is it a good time to buy Albemarle stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Albemarle under- or over-valued?
Valuing Albemarle stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Albemarle's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Albemarle's P/E ratio
Albemarle's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Albemarle shares trade at around 4x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Albemarle's PEG ratio
Albemarle's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.3951. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Albemarle's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Albemarle's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$2.6 billion (£2.1 billion).
The EBITDA is a measure of a Albemarle's overall financial performance and is widely used to measure stock profitability.
Albemarle share price volatility
Over the last 12 months, Albemarle's shares have ranged in value from as little as US$112 up to US$291.3148. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Albemarle's is 1.673. This would suggest that Albemarle's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
|Revenue TTM||US$9.9 billion|
|Gross profit TTM||US$3.1 billion|
|Return on assets TTM||8.56%|
|Return on equity TTM||40.12%|
|Market capitalisation||US$14.8 billion|
TTM: trailing 12 months
Albemarle share dividends
Dividend payout ratio: 5.52% of net profits
Recently Albemarle has paid out, on average, around 5.52% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.27% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Albemarle shareholders could enjoy a 1.27% return on their shares, in the form of dividend payments. In Albemarle's case, that would currently equate to about $1.595 per share.
While Albemarle's payout ratio might seem low, this can signify that Albemarle is investing more in its future growth.
Albemarle's most recent dividend payout was on 2 January 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2023 (the "ex-dividend date").
Albemarle's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Albemarle.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Albemarle's total ESG risk score
Total ESG risk: 41.74
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Albemarle's overall score of 41.74 (as at 01/01/2019) is pretty weak – landing it in it in the 84th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Albemarle is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Albemarle's environmental score
Environmental score: 21.59/100
Albemarle's environmental score of 21.59 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Albemarle is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Albemarle's social score
Social score: 15.41/100
Albemarle's social score of 15.41 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Albemarle is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Albemarle's governance score
Governance score: 13.74/100
Albemarle's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Albemarle is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Albemarle's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Albemarle scored a 1 out of 5 for controversy – the highest score possible, reflecting that Albemarle has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||41.74|
|Total ESG percentile||84.08|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||1|
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based products used in fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, disinfectants, and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Stocks similar to Albemarle
Frequently asked questions
More guides on Finder
Shein IPO: How to invest in the Shein IPO
What you need to know about investing in Shein from Australia.
Best performing stocks on the ASX in 2023 (Updated weekly)
Looking for the best performing stocks in Australia? We update this list weekly.
Tiger Brokers review for Australians
If you're thinking of trading stocks with Tiger Brokers, check out our review of this online broker's fees, safety and pros and cons first.
How to buy Gol Linhas Aereas Inteligentes SA ADR (GOL) shares in Australia
Steps to owning and managing Gol Linhas Aéreas Inteligentes SA shares from Australia.
How to buy Caltex Australia shares
Steps to owning and managing Caltex Australia shares from .
A beginner’s guide to Lego investing
Looking for alternative investments? With a ROI of up to 3,593% lego may be worth considering. Read on to find out which lego sets are worth the investment.
The cheapest stock brokers in Australia (Dec 2023)
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
What is the money market?
Learn about the money market and everyday consumer money market products.
Is investing in crowdfunding a safe investment?
Equity crowdfunding offers a unique opportunity for investors and for Australian startups, but Australia’s regulatory framework surrounding crowdfunding still lags behind the rest of the world.
The best trading platforms in Australia for 2023
Follow these tips to find the best share trading platform for you.
Ask an Expert