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NASDAQ:ALGN

Align Technology (ALGN) Stock Price, News & Analysis

$266.13
+12.85 (+5.07%)
(As of 06/12/2024 ET)
Today's Range
$258.54
$267.69
50-Day Range
$248.91
$330.25
52-Week Range
$176.34
$413.20
Volume
1.03 million shs
Average Volume
752,277 shs
Market Capitalization
$20.03 billion
P/E Ratio
43.84
Dividend Yield
N/A
Price Target
$351.00

Align Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.9% Upside
$351.00 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.34
Upright™ Environmental Score
News Sentiment
1.06mentions of Align Technology in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.63%
From $7.86 to $9.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Medical Sector

30th out of 913 stocks

Surgical Appliances & Supplies Industry

2nd out of 18 stocks

ALGN stock logo

About Align Technology Stock (NASDAQ:ALGN)

Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, and internationally. The company's Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of younger patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of six and ten years, which is a mixture of primary/baby and permanent teeth. The segment also provides Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment; and Invisalign Palatal Expander, a 3D printed orthodontic device; and 3D printing solutions. Its Imaging Systems and CAD/CAM Services segment offers iTero intraoral scanning system, a single hardware platform for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and orthodontists software for digital records storage, orthodontic diagnosis, and fabrication of printed models and retainers. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; Align Oral Health Suite, a digital interface designed to enhance dental consultations; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan, as well as subscription software, disposables, rentals, leases, pay per scan, and CAD/CAM software solutions. The company was incorporated in 1997 and is headquartered in Tempe, Arizona.

ALGN Stock Price History

ALGN Stock News Headlines

ALGN Jun 2025 210.000 put
ALGN Sep 2024 210.000 put
Is Align Technology Stock A Buy?
Cutting Edge Picks: 3 Med Tech Stocks With Room to Run
Align Beats Q1 Estimates, Bullish on Q2
Lloyds: Q1 Earnings Snapshot
Align Technology: Q1 Earnings Snapshot
Align Technology Inc. Q1 Profit Increases, beats estimates
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
6/13/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical appliances & supplies
Sub-Industry
Health Care Supplies
Current Symbol
NASDAQ:ALGN
CUSIP
01625510
Employees
21,610
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$351.00
High Stock Price Target
$450.00
Low Stock Price Target
$225.00
Potential Upside/Downside
+31.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$445.05 million
Pretax Margin
16.98%

Debt

Sales & Book Value

Annual Sales
$3.86 billion
Cash Flow
$8.80 per share
Book Value
$47.40 per share

Miscellaneous

Free Float
74,815,000
Market Cap
$20.03 billion
Optionable
Optionable
Beta
1.62

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ALGN Stock Analysis - Frequently Asked Questions

Should I buy or sell Align Technology stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Align Technology in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALGN shares.
View ALGN analyst ratings
or view top-rated stocks.

What is Align Technology's stock price target for 2024?

10 brokers have issued 1-year target prices for Align Technology's stock. Their ALGN share price targets range from $225.00 to $450.00. On average, they expect the company's share price to reach $351.00 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price.
View analysts price targets for ALGN
or view top-rated stocks among Wall Street analysts.

How have ALGN shares performed in 2024?

Align Technology's stock was trading at $274.00 on January 1st, 2024. Since then, ALGN stock has decreased by 2.9% and is now trading at $266.13.
View the best growth stocks for 2024 here
.

When is Align Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our ALGN earnings forecast
.

How were Align Technology's earnings last quarter?

Align Technology, Inc. (NASDAQ:ALGN) announced its quarterly earnings data on Wednesday, April, 24th. The medical equipment provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.08. The medical equipment provider earned $997.43 million during the quarter, compared to the consensus estimate of $971.97 million. Align Technology had a net margin of 11.80% and a trailing twelve-month return on equity of 14.15%.

What guidance has Align Technology issued on next quarter's earnings?

Align Technology issued an update on its second quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion.

What is Joe Hogan's approval rating as Align Technology's CEO?

346 employees have rated Align Technology Chief Executive Officer Joe Hogan on Glassdoor.com. Joe Hogan has an approval rating of 97% among the company's employees. This puts Joe Hogan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Align Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Align Technology investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), PayPal (PYPL), Micron Technology (MU), Adobe (ADBE), Visa (V), Salesforce (CRM), Mastercard (MA) and Tesla (TSLA).

Who are Align Technology's major shareholders?

Align Technology's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.13%), Capital World Investors (1.67%), Bank of New York Mellon Corp (1.51%), Bares Capital Management Inc. (1.09%), Champlain Investment Partners LLC (0.73%) and Price T Rowe Associates Inc. MD (0.58%). Insiders that own company stock include C Raymond Larkin Jr, Emory Wright, John Morici, Joseph Lacob, Joseph M Hogan, Julie Ann Coletti, Kevin C Burns, Kevin J Dallas and Warren S Thaler.
View institutional ownership trends
.

How do I buy shares of Align Technology?

Shares of ALGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Align Technology have any subsidiaries?
The following companies are subsidiares of Align Technology: Align Technology Switzerland GmbH, Cadent, G.L. Dental Couture, and exocad Global Holdings GmbH (“exocad”).
Read More
This page (NASDAQ:ALGN) was last updated on 6/13/2024 by MarketBeat.com Staff

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