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Align Tech (ALGN)
NASDAQ:ALGN
Align Tech (ALGN) Stock Price & Analysis
3,024 Followers
ALGN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$176.34 - $413.20
Previous Close$309.02
Volume1.22M
Average Volume (3M)755.74K
Market Cap
$23.26B
Enterprise Value$22.39B
Total Cash (Recent Filing)$972.74M
Total Debt (Recent Filing)$96.97M
Price to Earnings (P/E)51.0
Beta1.81
Next Earnings
Jul 24, 2024EPS Estimate
$2.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.06
Shares Outstanding75,104,132
10 Day Avg. Volume709,042
30 Day Avg. Volume755,736
Standard Deviation0.16
R-Squared0.32
Alpha-0.00479
Financial Highlights & Ratios
Price to Book (P/B)7.42
Price to Sales (P/S)5.93
Price to Cash Flow (P/CF)123.70
P/FCF Ratio430.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.80
Enterprise Value/Gross Profit8.27
Enterprise Value/Ebitda27.41
Forecast
1Y Price Target
$349.25Price Target Upside23.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Align Tech News
PremiumCompany Announcements
Align Tech Announces $150 Million Stock Buyback Plan
Bulls Say, Bears Say
Bulls Say
Market Leadership And InnovationAlign Technology maintains its position as the dominant player in the clear-aligner market, consistently supporting growth through ongoing innovation and new revenue streams.
Product Differentiation And Financial PerformanceAlign Technology's recent earnings outperformance highlights its product differentiation in the dental market, with strong margin pull-through and better revenue growth.
Revenue Growth And Product LaunchThe launch of Align Technology's Lumina scanner and Invisalign Palatal Expander is expected to contribute to revenue growth, reflecting ongoing demand and innovation.
Bears Say
Competitive And Demand PressuresPressures to topline growth from elective demand and a more competitive backdrop.
Growth ModerationThe combination of shifting/volatile macro factors and enough incremental competition within the market has led to a significant moderation in growth rates.
Valuation ConcernsAnalyst sees valuation as elevated at 31x our 2025E EPS relative to the market.
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Ownership Overview
19.88% Insiders
32.69% Mutual Funds
24.90% Other Institutional Investors
22.53% 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 Tech’s price range in the past 12 months?
Align Tech lowest stock price was $176.34 and its highest was $413.20 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 Jul 24, 2024 which is in 83 days.
How were Align Tech’s earnings last quarter?
Align Tech released its earnings results on Apr 24, 2024. The company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.971 by $0.169.
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 $2.33.
How many shares outstanding does Align Tech have?
Align Tech has 75,279,335 shares outstanding.
What happened to Align Tech’s price movement after its last earnings report?
Align Tech reported an EPS of $2.14 in its last earnings report, beating expectations of $1.971. Following the earnings report the stock price went down -1.045%.
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 392M.
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Align Tech Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$349.25 (23.68% Upside)
$349.25 (23.68% Upside)
Blogger Sentiment
Bullish
ALGN Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 187.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $8.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-13.19%
12-Months-Change
Fundamentals
Return on Equity
12.77%
Trailing 12-Months
Asset Growth
4.31%
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
Q1 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 Months Forecast
Average Price Target
$349.25
▲(23.68% Upside)
Technical Analysis
Best Analysts Covering ALGN
1 Year
1 Year Success Rate
21/32 ratings generated profit
1 Year Average Return
+37.03%
reiterated a buy rating 3 months ago
Copying Brandon Couillard's trades and holding each position for 1 Year would result in 65.63% of your transactions generating a profit, with an average return of +37.03% per trade.
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