Report
Seth Goldstein, CFA
EUR 101.80 For Business Accounts Only

After Second Sell-Off This Week, Albemarle Shares Have Nearly 20% Upside

Albemarle reported solid fourth-quarter results, as growth in all segments boosted companywide adjusted EBITDA 31% year on year to $246 million. Albemarle shares fell over 9% to $100 by market close as the company guided to flat lithium EBITDA margins in 2018 in addition to ongoing market concerns that lithium prices will fall over the next few years. With no changes to our long-term outlook, we’re maintaining our $120 per share fair value estimate and narrow moat rating. At its current trading ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Seth Goldstein, CFA

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