EPS for Albemarle (ALB) Expected At $1.20; Sailpoint Technologies Holdings (SAIL) Shorts Raised By 193.47%

April 25, 2018 - By Clifton Ray

Albemarle Corporation (NYSE:ALB) Logo

Sailpoint Technologies Holdings Inc (NYSE:SAIL) had an increase of 193.47% in short interest. SAIL’s SI was 1.21 million shares in April as released by FINRA. Its up 193.47% from 410,700 shares previously. With 916,600 avg volume, 1 days are for Sailpoint Technologies Holdings Inc (NYSE:SAIL)’s short sellers to cover SAIL’s short positions. The SI to Sailpoint Technologies Holdings Inc’s float is 8.14%. The stock decreased 6.22% or $1.54 during the last trading session, reaching $23.21. About 1.02 million shares traded or 68.42% up from the average. SailPoint Technologies Holdings, Inc. (NYSE:SAIL) has 0.00% since April 25, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts expect Albemarle Corporation (NYSE:ALB) to report $1.20 EPS on May, 9 after the close.They anticipate $0.15 EPS change or 14.29% from last quarter’s $1.05 EPS. ALB’s profit would be $132.88 million giving it 19.98 P/E if the $1.20 EPS is correct. After having $1.34 EPS previously, Albemarle Corporation’s analysts see -10.45% EPS growth. The stock increased 0.11% or $0.11 during the last trading session, reaching $95.89. About 468,442 shares traded. Albemarle Corporation (NYSE:ALB) has declined 10.68% since April 25, 2017 and is downtrending. It has underperformed by 22.23% the S&P500.

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. The company has market cap of $10.62 billion. The firm offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents for applications in lithium batteries, high performance greases, thermoplastic elastomers for car tires, rubber soles and plastic bottles, catalysts for chemical reactions, organic synthesis processes, life science, pharmaceutical, and other markets; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications. It has a 195.69 P/E ratio. It also makes cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for various pyrotechnical applications, including airbag igniters; and performance catalyst solutions, such as polymer catalysts, curatives, organometallics, and electronic materials for polyolefin polymers, packaging, non-packaging, films, injection molding, alpha-olefins, electronic materials, solar cells, polyurethanes, epoxies, and other engineered resins markets.

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 78 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup maintained Albemarle Corporation (NYSE:ALB) rating on Tuesday, August 9. Citigroup has “Buy” rating and $95 target. Goldman Sachs downgraded the stock to “Neutral” rating in Friday, October 6 report. The firm has “Neutral” rating by Citigroup given on Thursday, March 1. The rating was initiated by Oppenheimer on Wednesday, August 16 with “Buy”. Deutsche Bank maintained Albemarle Corporation (NYSE:ALB) on Thursday, August 20 with “Buy” rating. The firm has “Hold” rating given on Wednesday, August 9 by Suntrust Robinson. Jefferies maintained the stock with “Buy” rating in Tuesday, December 29 report. As per Friday, June 16, the company rating was maintained by Jefferies. The firm has “Buy” rating by Deutsche Bank given on Friday, August 5. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Thursday, March 1 report.

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.12, from 1.13 in 2017Q3. It worsened, as 42 investors sold Albemarle Corporation shares while 182 reduced holdings. 82 funds opened positions while 144 raised stakes. 92.86 million shares or 2.44% less from 95.18 million shares in 2017Q3 were reported. Prudential Fincl reported 157,167 shares. Moreover, Utd Capital Financial Advisers Lc has 0.01% invested in Albemarle Corporation (NYSE:ALB) for 14,085 shares. Trustmark National Bank Tru Department stated it has 0.03% in Albemarle Corporation (NYSE:ALB). 1,647 were reported by Mai Cap Mgmt. 20,479 are held by Utah Retirement Systems. Stephens Ar invested in 0% or 900 shares. State Of Wisconsin Board holds 0.03% or 98,000 shares in its portfolio. The Ohio-based Keybank Association Oh has invested 0.03% in Albemarle Corporation (NYSE:ALB). Aldebaran reported 1.96% of its portfolio in Albemarle Corporation (NYSE:ALB). Robecosam Ag holds 187,000 shares. Maryland-based Price T Rowe Assocs Md has invested 0.01% in Albemarle Corporation (NYSE:ALB). 5,971 are held by Old Mutual Customised Solutions (Proprietary) Ltd. Korea Inv Corporation has invested 0.06% in Albemarle Corporation (NYSE:ALB). Global X Mngmt Lc invested in 4.4% or 1.51M shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.2% of its portfolio in Albemarle Corporation (NYSE:ALB).

Albemarle Corporation (NYSE:ALB) Institutional Positions Chart

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