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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
New CBOE “special perk” helps traders target income every weekend (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
New CBOE “special perk” helps traders target income every weekend (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
New CBOE “special perk” helps traders target income every weekend (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
Positive News SentimentPositive News

Align Technology Stock Price, News & Analysis (NASDAQ:ALGN)

$216.87
+1.52 (+0.71%)
(As of 12/6/2023 ET)
Compare
Today's Range
$215.32
▼
$218.85
50-Day Range
$183.21
▼
$307.51
52-Week Range
$176.34
▼
$413.20
Volume
748,953 shs
Average Volume
897,672 shs
Market Capitalization
$16.61 billion
P/E Ratio
45.95
Dividend Yield
N/A
Price Target
$336.60
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Align Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
55.2% Upside
$336.60 Price Target
Short Interest
Healthy
4.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.34
Upright™ Environmental Score
News Sentiment
1.56mentions of Align Technology in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$2 M Bought Last Quarter
Proj. Earnings Growth
12.66%
From $6.87 to $7.74 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.32 out of 5 stars

Medical Sector

7th out of 957 stocks

Surgical Appliances & Supplies Industry

1st out of 18 stocks

See Top Rated MarketRank™ Stocks Here

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, China, and internationally. It operates in two segments, Clear Aligner; and Imaging Systems and CAD/CAM Services (Systems and Services). The Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of teenage 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 seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; and non-case products that include retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment. The Systems and Services segment offers iTero intraoral scanning system, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the 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; 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, and pay per scan services Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

ALGN Stock Price History

ALGN Stock News Headlines

November 15, 2023 | marketbeat.com
Bargain alert: 3 large caps with RSIs that scream oversold
With a risk-on sentiment returning, it's a great time to see what stocks were perhaps beaten down more than they deserved and if any are still oversold
November 14, 2023 | marketbeat.com
Bargain alert: 3 large caps with RSIs that scream oversold (ALGN)
With a risk-on sentiment returning, it's a great time to see what stocks were perhaps beaten down more than they deserved and if any are still oversold
December 7, 2023 | Financial Alphas (Ad)
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December 5, 2023 | finance.yahoo.com
Mojdeh Poul and Kevin Conroy Join Align Technology Board of Directors
December 1, 2023 | americanbankingnews.com
Align Technology, Inc. (NASDAQ:ALGN) Short Interest Down 16.7% in November
November 30, 2023 | barrons.com
Align Technology, Inc. (ALGN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
November 17, 2023 | markets.businessinsider.com
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Align Technology, Inc. - ALGN
November 14, 2023 | benzinga.com
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Investigate Align Technology, Inc. (ALGN) for Potential Violations of Securities Laws
December 7, 2023 | Edge On The Street (Ad)
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November 14, 2023 | nasdaq.com
At Multi-Year Lows, Is Align Technology Stock (NASDAQ:ALGN) a Buy?
November 9, 2023 | businesswire.com
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Align Technology, Inc. (ALGN)
November 6, 2023 | markets.businessinsider.com
Align Technology To Repurchase $100 Mln Of Common Stock - Quick Facts
November 6, 2023 | finance.yahoo.com
Align Technology Opens 2024 Annual Research Program to Advance Orthodontic and Dental Patient Care
November 6, 2023 | finance.yahoo.com
Align Technology Announces $100 Million Open Market Repurchase
November 4, 2023 | finance.yahoo.com
The Align Technology Inc (ALGN) Company: A Short SWOT Analysis
October 27, 2023 | markets.businessinsider.com
Align Technology To Repurchase $250 Mln Shares
October 27, 2023 | seekingalpha.com
Align Technology: Investors Were Not Aligned
October 27, 2023 | seekingalpha.com
Why Align Technology Stock Fell, And When I'll Start Buying
October 27, 2023 | investorplace.com
ALGN Stock Alert: Align Technology Announces $250M Stock Buyback Program
October 27, 2023 | marketwatch.com
Align Technology to Accelerate Buybacks After Steep Stock Drop
October 27, 2023 | bizjournals.com
Align Technology stock falls 24% after third quarter earnings miss
October 26, 2023 | proactiveinvestors.com
Align Technology stock drops on 3Q miss; disappointing outlook
October 26, 2023 | cnbc.com
Stocks making the biggest moves midday: Merck, Bristol-Myers Squibb, Align Technology and more
October 26, 2023 | finance.yahoo.com
Align Technology, Inc. (NASDAQ:ALGN) Q3 2023 Earnings Call Transcript
October 26, 2023 | msn.com
Here’s Why Align Technology Stock (NASDAQ:ALGN) Tanked Yesterday
October 26, 2023 | finance.yahoo.com
Markets Fall at Midday After Weak Corporate Earnings and Warnings
October 26, 2023 | finance.yahoo.com
Align Technology's Price Plunge Is Jaw Dropping
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Today
12/06/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/07/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Surgical appliances & supplies
Sub-Industry
Health Care Supplies
Sector
Medical
Current Symbol
NASDAQ:ALGN
CUSIP
01625510
CIK
1097149
Web
www.aligntech.com
Phone
(602) 742-2000
Fax
408-470-1010
Employees
23,165
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$336.60
High Stock Price Target
$450.00
Low Stock Price Target
$200.00
Potential Upside/Downside
+55.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.72
Trailing P/E Ratio
45.95
Forward P/E Ratio
31.57
P/E Growth
1.83
Net Income
$361.57 million
Net Margins
9.53%
Pretax Margin
15.33%
Return on Equity
12.66%
Return on Assets
7.56%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.27
Quick Ratio
1.13

Sales & Book Value

Annual Sales
$3.81 billion
Price / Sales
4.36
Cash Flow
$7.56 per share
Price / Cash Flow
28.67
Book Value
$46.10 per share
Price / Book
4.70

Miscellaneous

Outstanding Shares
76,589,000
Free Float
76,038,000
Market Cap
$16.61 billion
Optionable
Optionable
Beta
1.59

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ALGN Stock Analysis - Frequently Asked Questions

Should I buy or sell Align Technology stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Align Technology in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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 Wall Street research analysts have issued twelve-month price objectives for Align Technology's stock. Their ALGN share price targets range from $200.00 to $450.00. On average, they anticipate the company's stock price to reach $336.60 in the next year. This suggests a possible upside of 55.2% 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 2023?

Align Technology's stock was trading at $210.90 at the beginning of the year. Since then, ALGN stock has increased by 2.8% and is now trading at $216.87.
View the best growth stocks for 2023 here.

Are investors shorting Align Technology?

Align Technology saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 2,940,000 shares, a decline of 16.7% from the October 31st total of 3,530,000 shares. Based on an average daily volume of 983,900 shares, the days-to-cover ratio is currently 3.0 days. Approximately 4.1% of the company's shares are short sold.
View Align Technology's Short Interest.

When is Align Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 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, October, 25th. The medical equipment provider reported $1.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by $0.24. The medical equipment provider had revenue of $960.21 million for the quarter, compared to the consensus estimate of $994.60 million. Align Technology had a trailing twelve-month return on equity of 12.66% and a net margin of 9.53%.

What ETFs hold Align Technology's stock?

ETFs with the largest weight of Align Technology (NASDAQ:ALGN) stock in their portfolio include First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Guru Favorite Stocks ETF (GFGF), Roundhill S&P Dividend Monarchs ETF (KNGS), BNY Mellon Innovators ETF (BKIV), BlackRock Future Health ETF (BMED), AI Quality Growth ETF (AQGX), First Trust Indxx Medical Devices ETF (MDEV) and Hartford Large Cap Growth ETF (HFGO).

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 many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (2.99%), Polen Capital Management LLC (2.02%), Sands Capital Management LLC (2.00%), Bank of New York Mellon Corp (1.61%), Brown Advisory Inc. (1.39%) and Morgan Stanley (1.33%). Insiders that own company stock include C Raymond Larkin Jr, C Raymond Larkin, Jr, Emory Wright, George J Morrow, John Morici, Joseph M Hogan, Julie Ann Coletti, Kevin C Burns, Kevin J Dallas, Robert E Fitzgerald, Stuart A Hockridge, Thomas M Prescott 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/7/2023 by MarketBeat.com Staff

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