Align Technology (ALGN) Competitors

$271.50
-2.06 (-0.75%)
(As of 05/17/2024 ET)

ALGN vs. STE, ZBH, SNN, MSA, ESTA, AVNS, INGN, EW, ARGX, and WAT

Should you be buying Align Technology stock or one of its competitors? The main competitors of Align Technology include STERIS (STE), Zimmer Biomet (ZBH), Smith & Nephew (SNN), MSA Safety (MSA), Establishment Labs (ESTA), Avanos Medical (AVNS), Inogen (INGN), Edwards Lifesciences (EW), argenx (ARGX), and Waters (WAT).

Align Technology vs.

STERIS (NYSE:STE) and Align Technology (NASDAQ:ALGN) are both large-cap medical companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, community ranking, institutional ownership, media sentiment, dividends, valuation and profitability.

STERIS has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500. Comparatively, Align Technology has a beta of 1.66, indicating that its share price is 66% more volatile than the S&P 500.

STERIS presently has a consensus target price of $241.60, suggesting a potential upside of 3.83%. Align Technology has a consensus target price of $353.00, suggesting a potential upside of 30.02%. Given STERIS's higher probable upside, analysts plainly believe Align Technology is more favorable than STERIS.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
STERIS
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Align Technology
1 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, STERIS had 7 more articles in the media than Align Technology. MarketBeat recorded 17 mentions for STERIS and 10 mentions for Align Technology. STERIS's average media sentiment score of 1.05 beat Align Technology's score of 0.77 indicating that Align Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
STERIS
10 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Align Technology
5 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Align Technology has lower revenue, but higher earnings than STERIS. Align Technology is trading at a lower price-to-earnings ratio than STERIS, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
STERIS$5.14B4.47$378.24M$3.8260.91
Align Technology$3.86B5.29$445.05M$6.0744.73

94.7% of STERIS shares are owned by institutional investors. Comparatively, 88.4% of Align Technology shares are owned by institutional investors. 1.0% of STERIS shares are owned by company insiders. Comparatively, 0.6% of Align Technology shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Align Technology has a net margin of 11.80% compared to Align Technology's net margin of 6.95%. STERIS's return on equity of 14.15% beat Align Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
STERIS6.95% 13.73% 7.73%
Align Technology 11.80%14.15%8.49%

Align Technology received 441 more outperform votes than STERIS when rated by MarketBeat users. Likewise, 69.64% of users gave Align Technology an outperform vote while only 58.51% of users gave STERIS an outperform vote.

CompanyUnderperformOutperform
STERISOutperform Votes
323
58.51%
Underperform Votes
229
41.49%
Align TechnologyOutperform Votes
764
69.64%
Underperform Votes
333
30.36%

Summary

Align Technology beats STERIS on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALGN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALGN vs. The Competition

MetricAlign TechnologySurgical appliances & supplies IndustryMedical SectorNASDAQ Exchange
Market Cap$20.44B$9.12B$5.16B$7.96B
Dividend YieldN/A1.36%43.85%3.91%
P/E Ratio44.7315.01120.9514.88
Price / Sales5.2948.802,371.5179.68
Price / Cash32.3621.2236.3731.98
Price / Book5.4416.705.744.76
Net Income$445.05M$182.64M$105.71M$217.17M
7 Day Performance-0.07%1.94%1.84%2.90%
1 Month Performance-9.90%2.07%4.72%6.58%
1 Year Performance-7.47%-13.15%7.80%10.17%

Align Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STE
STERIS
4.4653 of 5 stars
$235.89
+1.4%
$241.60
+2.4%
+13.1%$23.31B$5.14B61.7517,100Insider Selling
ZBH
Zimmer Biomet
4.8376 of 5 stars
$119.97
+0.3%
$135.40
+12.9%
-10.5%$24.68B$7.39B25.9718,000Dividend Announcement
Analyst Forecast
SNN
Smith & Nephew
1.6335 of 5 stars
$25.77
+2.6%
N/A-19.7%$11.26B$5.55B0.0018,452Positive News
MSA
MSA Safety
4.4704 of 5 stars
$189.11
+0.0%
$189.50
+0.2%
+31.6%$7.45B$1.79B28.025,100Ex-Dividend
Positive News
ESTA
Establishment Labs
0.275 of 5 stars
$58.81
+4.7%
$55.00
-6.5%
-18.1%$1.62B$165.15M-18.73908
AVNS
Avanos Medical
3.9452 of 5 stars
$20.09
+1.1%
$31.00
+54.3%
-10.2%$912.57M$680.10M-15.113,771
INGN
Inogen
1.847 of 5 stars
$8.92
+1.2%
$7.00
-21.5%
-20.9%$210.33M$315.66M-2.15834
EW
Edwards Lifesciences
4.4955 of 5 stars
$86.46
+2.1%
$93.27
+7.9%
+1.7%$52.10B$6.14B37.2719,800Analyst Upgrade
ARGX
argenx
2.9424 of 5 stars
$356.01
-1.0%
$524.68
+47.4%
-11.4%$21.16B$1.27B-62.901,148Earnings Report
Short Interest ↑
WAT
Waters
3.397 of 5 stars
$358.99
+2.8%
$305.78
-14.8%
+34.9%$21.30B$2.96B35.237,900Insider Selling

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This page (NASDAQ:ALGN) was last updated on 5/18/2024 by MarketBeat.com Staff

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