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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$196.09 - $335.40
Previous Close$223.87
Volume59.75K
Average Volume (3M)761.15K
Market Cap
$16.80B
Enterprise Value$15.67B
Total Cash (Recent Filing)$1.04B
Total Debt (Recent Filing)$96.44M
Price to Earnings (P/E)38.2
Beta2.03
Next Earnings
Jan 29, 2025EPS Estimate
$2.46Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.87
Shares Outstanding74,653,060
10 Day Avg. Volume772,629
30 Day Avg. Volume761,148
Standard Deviation0.15
R-Squared0.35
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)4.24
Price to Sales (P/S)4.20
Price to Cash Flow (P/CF)15.80
P/FCF Ratio17.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.96
Enterprise Value/Gross Profit5.79
Enterprise Value/Ebitda19.06
Forecast
1Y Price Target
$254.88Price Target Upside12.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Align Tech News
Bulls Say, Bears Say
Bulls Say
Competitive AdvantageALGN remains far ahead of competitors in all things clear aligner-related, both in regards to clinical efficacy and commercial execution.
Earnings PotentialALGN can sustain 6-7% revenue growth with 10%+ EPS growth.
Product InnovationALGN has a handful of upcoming product launches that could drive incremental revenue growth.
Bears Say
Financial Performance3Q revenue/case shipments missed expectations and management guided 4Q below expectations, which is not encouraging and likely sends shares lower.
Market DemandManagement provided 4Q24 revenue guidance below consensus as macro dynamics continue to negatively impact the clear aligner market, particularly in the US.
Valuation And Market ExpectationsAlign Technology's shares are down 23% year-to-date with a more recent 19% deterioration in October, amidst low expectations and disappointing volume guidance.
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Ownership Overview
2.33% Insiders
29.32% Mutual Funds
24.22% Other Institutional Investors
21.57% 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 $196.09 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 Jan 29, 2025 which is in 69 days.
How were Align Tech’s earnings last quarter?
Align Tech 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 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 $2.46.
How many shares outstanding does Align Tech have?
Align Tech has 74,653,060 shares outstanding.
What happened to Align Tech’s price movement after its last earnings report?
Align Tech 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 Tech?
Among the largest hedge funds holding Align Tech’s share is Sands Capital Management LLC. It holds Align Tech’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:
$254.88 (12.63% Upside)
$254.88 (12.63% Upside)
Blogger Sentiment
Bullish
ALGN Sentiment 83%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 529.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 2.5%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.00%
12-Months-Change
Fundamentals
Return on Equity
11.40%
Trailing 12-Months
Asset Growth
0.75%
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
Q3 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
$254.88
▲(12.63% Upside)
Technical Analysis
Best Analysts Covering ALGN
1 Year
1 Year Success Rate
20/32 ratings generated profit
1 Year Average Return
+33.96%
reiterated a buy rating 10 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 +33.96% per trade.
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