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Align Tech (ALGN)
NASDAQ:ALGN
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ALGN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$176.34 - $335.40
Previous Close$253.01
Volume187.97K
Average Volume (3M)806.38K
Market Cap
$19.38B
Enterprise Value$18.22B
Total Cash (Recent Filing)$782.11M
Total Debt (Recent Filing)$98.30M
Price to Earnings (P/E)42.9
Beta1.97
Next Earnings
Oct 23, 2024EPS Estimate
$2.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.89
Shares Outstanding74,697,065
10 Day Avg. Volume667,966
30 Day Avg. Volume806,375
Standard Deviation0.15
R-Squared0.32
Alpha-0.00442
Financial Highlights & Ratios
Price to Book (P/B)5.03
Price to Sales (P/S)4.73
Price to Cash Flow (P/CF)28.50
P/FCF Ratio42.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.62
Enterprise Value/Gross Profit6.73
Enterprise Value/Ebitda22.31
Forecast
1Y Price Target
$296.71Price Target Upside14.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Align Tech News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMargin performance was impressive, with aligner volumes being an unexpected bright spot.
Market PositionThe stock is trading meaningfully below its 10-year historical average, suggesting potential for significant upside.
Product InnovationALGN's broadening ecosystem, including the newly announced iTero Design Suite, should keep it as the clear market leader.
Bears Say
Market PerformanceAlign Technology has had a volatile year with its shares down 8% year-to-date.
Quarterly PerformanceVariability in the quarter, with case starts outperforming but softer ASP, led to an overall revenue miss.
Revenue And GuidanceThe lower revenue and reduced guidance raise concerns about the state of the end consumer and potential impacts on demand.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ALGN FAQ
What was Align Tech’s price range in the past 12 months?
Align Tech lowest stock price was $176.34 and its highest was $335.40 in the past 12 months.
What is Align Tech’s market cap?
Currently, no data Available
When is Align Tech’s upcoming earnings report date?
Align Tech’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were Align Tech’s earnings last quarter?
Align Tech released its earnings results on Jul 24, 2024. The company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.336 by $0.074.
Is Align Tech overvalued?
According to Wall Street analysts Align Tech’s price is currently Undervalued.
Does Align Tech pay dividends?
Align Tech does not currently pay dividends.
What is Align Tech’s EPS estimate?
Align Tech’s EPS estimate is $2.31.
How many shares outstanding does Align Tech have?
Align Tech has 74,697,070 shares outstanding.
What happened to Align Tech’s price movement after its last earnings report?
Align Tech reported an EPS of $2.41 in its last earnings report, beating expectations of $2.336. Following the earnings report the stock price went down -7.659%.
Which hedge fund is a major shareholder of Align Tech?
Among the largest hedge funds holding Align Tech’s share is Sands Capital Management LLC. It holds Align Tech’s shares valued at 317M.
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Align Tech Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$296.71 (14.33% Upside)
$296.71 (14.33% Upside)
Blogger Sentiment
Bullish
ALGN Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 210.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.22%
12-Months-Change
Fundamentals
Return on Equity
12.09%
Trailing 12-Months
Asset Growth
0.22%
Trailing 12-Months
Company Description
Align Tech
Founded in 1997, Align Technology, Inc. is a global medical devices company based in California. It manufactures 3D digital scanners and clear aligners used in orthodontics. The company operates through the Clear Aligner, and Scanner and Services segments.
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ALGN Company Deck
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ALGN Earnings Call
Q2 2024
0:00 / 0:00
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ALGN Revenue Breakdown
82.84% Clear Aligner
17.16% Systems and Services
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ALGN Stock 12 Month Forecast
Average Price Target
$296.71
▲(14.33% Upside)
Technical Analysis
Best Analysts Covering ALGN
1 Year
1 Year Success Rate
20/32 ratings generated profit
1 Year Average Return
+34.91%
reiterated a buy rating 8 months ago
Copying Brandon Couillard's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +34.91% per trade.
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