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Align Technology (ALGN)
:ALGN
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ALGN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$196.09 - $335.40
Previous CloseN/A
Volume187.73K
Average Volume (3M)625.97K
Market Cap
$16.34B
Enterprise Value$18.10B
Total Cash (Recent Filing)$640.26M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)38.2
Beta2.07
Next Earnings
Feb 05, 2025EPS Estimate
2.46Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.87
Shares Outstanding74,653,060
10 Day Avg. Volume602,547
30 Day Avg. Volume625,968
Standard Deviation0.15
R-Squared0.36
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.13
Price to Cash Flow (P/CF)15.50
P/FCF Ratio17.50
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue4.57
Enterprise Value/Gross Profit6.69
Enterprise Value/Ebitda22.01
Forecast
1Y Price Target
$261.71Price Target Upside19.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Align Tech News
PremiumCompany Announcements
Align Tech Announces $275 Million Stock Buyback PlanBulls Say, Bears Say
Bulls Say
Financial PerformanceThe upgrade of Align Technology from Market Perform to Outperform and the increase in price target from $235 to $280 indicate confidence in the company's future prospects.
Growth PotentialAlign Technology's low penetration in the global orthodontic market suggests a long runway for growth, giving confidence in resuming revenue growth in line with its long-term guidance.
Market Position And InnovationAlign Technology is seen as a market leader with a broadening moat, suggesting strong competitive positioning.
Bears Say
Market ConditionsAlign Technology has experienced lower-than-average U.S. case growth during the past three years, correlated with a below-average Consumer Sentiment Index.
Market PerformanceAlign Technology's shares are down 23% year-to-date with a more recent 19% deterioration in October, amidst low expectations and disappointing volume guidance.
Revenue And Sales3Q revenue/case shipments missed expectations and management guided 4Q below expectations, which is not encouraging and likely sends shares lower.
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Ownership Overview
2.33% Insiders
29.26% Mutual Funds
0.42% Other Institutional Investors
45.43% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ALGN FAQ
What was Align Technology’s price range in the past 12 months?
Align Technology lowest stock price was $196.09 and its highest was $335.40 in the past 12 months.
What is Align Technology’s market cap?
Align Technology’s market cap is $16.34B.
When is Align Technology’s upcoming earnings report date?
Align Technology’s upcoming earnings report date is Feb 05, 2025 which is in 18 days.
How were Align Technology’s earnings last quarter?
Align Technology released its earnings results on Oct 23, 2024. The company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.314 by $0.036.
Is Align Technology overvalued?
According to Wall Street analysts Align Technology’s price is currently Undervalued.
Does Align Technology pay dividends?
Align Technology does not currently pay dividends.
What is Align Technology’s EPS estimate?
Align Technology’s EPS estimate is 2.46.
How many shares outstanding does Align Technology have?
Align Technology has 74,653,060 shares outstanding.
What happened to Align Technology’s price movement after its last earnings report?
Align Technology reported an EPS of $2.35 in its last earnings report, beating expectations of $2.314. Following the earnings report the stock price went up 4.218%.
Which hedge fund is a major shareholder of Align Technology?
Among the largest hedge funds holding Align Technology’s share is Sands Capital Management LLC. It holds Align Technology’s shares valued at 204M.
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Align Tech Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$261.71 (19.55% Upside)
$261.71 (19.55% Upside)
Blogger Sentiment
Bullish
ALGN Sentiment 70%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 529.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.61%
12-Months-Change
Fundamentals
Return on Equity
11.40%
Trailing 12-Months
Asset Growth
0.75%
Trailing 12-Months
Company Description
Align Technology
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were significant achievements in international growth and innovation, they were tempered by challenges in the U.S. market, currency impacts, and restructuring efforts.Read More>---
ALGN Revenue Breakdown
82.84% Clear Aligner
17.16% Systems and Services
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ALGN Stock 12 Month Forecast
Average Price Target
$261.71
▲(19.55% Upside)
Technical Analysis
DENTSPLY SIRONA
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Henry Schein
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Dexcom
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Medtronic
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Edwards Lifesciences
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Intuitive Surgical
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Best Analysts Covering ALGN
1 Year
1 Year Success Rate
20/32 ratings generated profit
1 Year Average Return
+33.90%
reiterated a buy rating 12 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 +33.90% per trade.
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