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Align Tech (ALGN)
NASDAQ:ALGN
Align Tech (ALGN) Stock Price & Analysis
3,032 Followers
ALGN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$176.34 - $413.20
Previous Close$278.08
Volume455.02K
Average Volume (3M)609.86K
Market Cap
$20.93B
Enterprise Value$20.06B
Total Cash (Recent Filing)$972.74M
Total Debt (Recent Filing)$96.97M
Price to Earnings (P/E)45.8
Beta1.71
Next Earnings
Jul 24, 2024EPS Estimate
$2.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.07
Shares Outstanding75,281,687
10 Day Avg. Volume672,312
30 Day Avg. Volume609,858
Standard Deviation0.16
R-Squared0.32
Alpha-0.00730
Financial Highlights & Ratios
Price to Book (P/B)6.54
Price to Sales (P/S)5.32
Price to Cash Flow (P/CF)109.00
P/FCF Ratio379.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.19
Enterprise Value/Gross Profit7.41
Enterprise Value/Ebitda24.56
Forecast
1Y Price Target
$349.25Price Target Upside25.59% 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
Financial GuidanceThe increased full-year revenue guidance should show both ongoing aligner demand but also contributions from the Lumina scanner launch/ramp and further roll-out of the Invisalign Palatal Expander.
Market LeadershipAlign remains the clear dominant market player across the clear-aligner ecosystem, consistently supporting ongoing innovation and providing additional revenue streams, which boxes out competition.
Product DifferentiationAlign’s upside surprise showed the differentiation in products vs. other concerns across the dental market, with strong margin pull-through alongside better revenue growth.
Bears Say
Financial PerformanceALGN left its margin guidance unchanged despite higher revenue, citing incremental investment spend.
Growth ModerationThe combination of shifting/volatile macro factors and enough incremental competition within the market has led to a significant moderation in growth rates.
ValuationAnalyst sees valuation as elevated at 31x 2025E EPS relative to the market.
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Ownership Overview
19.88% Insiders
32.69% Mutual Funds
36.93% Other Institutional Investors
10.50% 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 70 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 $2.32.
How many shares outstanding does Align Tech have?
Align Tech has 75,281,685 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 (25.59% Upside)
$349.25 (25.59% Upside)
Blogger Sentiment
Bullish
ALGN Sentiment 77%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 187.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.32%
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 Month Forecast
Average Price Target
$349.25
▲(25.59% Upside)
Technical Analysis
Best Analysts Covering ALGN
1 Year
1 Year Success Rate
20/32 ratings generated profit
1 Year Average Return
+35.87%
reiterated a buy rating 3 months ago
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