In the latest trading session, Albemarle (ALB) closed at $90.53, marking a -1.63% move from the previous day. This change lagged the S&P 500's daily loss of 0.38%. Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq lost 0.67%.
The stock of specialty chemicals company has risen by 12.23% in the past month, leading the Basic Materials sector's gain of 0.97% and the S&P 500's gain of 4.06%.
Market participants will be closely following the financial results of Albemarle in its upcoming release. The company plans to announce its earnings on November 5, 2025. The company's earnings per share (EPS) are projected to be -$0.97, reflecting a 37.42% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.27 billion, indicating a 5.92% decrease compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$1.85 per share and a revenue of $4.98 billion, indicating changes of +20.94% and -7.48%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Albemarle. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Albemarle holds a Zacks Rank of #2 (Buy).
The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 233, which puts it in the bottom 6% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Albemarle Corporation (ALB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research