NASDAQ:ALGN Align Technology - ALGN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Align Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $266.69 -2.51 (-0.93%) (As of 01/30/2023 01:21 PM ET) Add Compare Share Share Today's Range$261.49▼$268.5550-Day Range$186.04▼$269.2052-Week Range$172.05▼$552.00Volume710,893 shsAverage Volume957,509 shsMarket Capitalization$20.83 billionP/E Ratio41.22Dividend YieldN/APrice Target$300.78 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Align Technology MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside13.0% Upside$300.78 Price TargetShort InterestHealthy3.14% of Float Sold ShortDividend StrengthN/ASustainability-1.34Upright™ Environmental ScoreNews Sentiment0.81Based on 11 Articles This WeekInsider TradingAcquiring Shares$2.20 M Bought Last QuarterProj. Earnings Growth13.84%From $5.78 to $6.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.43 out of 5 starsMedical Sector210th out of 1,049 stocksSurgical Appliances & Supplies Industry7th out of 23 stocks 2.4 Analyst's Opinion Consensus RatingAlign Technology has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $300.78, Align Technology has a forecasted upside of 13.0% from its current price of $266.11.Amount of Analyst CoverageAlign Technology has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.14% of the float of Align Technology has been sold short.Short Interest Ratio / Days to CoverAlign Technology has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Align Technology has recently increased by 31.43%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAlign Technology does not currently pay a dividend.Dividend GrowthAlign Technology does not have a long track record of dividend growth. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlign Technology has received a 48.63% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is false driven by its "Dental braces" product. See details.Environmental SustainabilityThe Environmental Impact score for Align Technology is -1.34. Previous Next 2.1 News and Social Media Coverage News SentimentAlign Technology has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Align Technology this week, compared to 4 articles on an average week.Search InterestOnly 15 people have searched for ALGN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Align Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Align Technology insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,199,718.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.64% of the stock of Align Technology is held by insiders.Percentage Held by Institutions84.90% of the stock of Align Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Align Technology are expected to grow by 13.84% in the coming year, from $5.78 to $6.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Align Technology is 41.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Align Technology is 41.13, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 98.05.Price to Earnings Growth RatioAlign Technology has a PEG Ratio of 33.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlign Technology has a P/B Ratio of 5.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Align Technology (NASDAQ:ALGN) StockAlign Technology, Inc. engages in the design, manufacture, and market of orthodontics, restorative, and aesthetic dentistry products. It operates through the Clear Aligner, and Scanner and Services segments. The Clear Aligner segment consists of Invisalign full, teen, and assist products, and Vivera retainers for treating malocclusion. The Scanner and Services segment consists of intraoral scanning systems such as single hardware platforms and restorative or orthodontic software options, ancillary products, and other related additional services. The company was founded by Zia Chishti, Brian Freyburger, and Kelsey Wirth in March 1997 and is headquartered in Tempe, AZ.Read More Receive ALGN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Align Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address ALGN Stock News HeadlinesJanuary 30, 2023 | americanbankingnews.comAlign Technology (ALGN) Set to Announce Quarterly Earnings on WednesdayJanuary 25, 2023 | finance.yahoo.comEarnings Preview: Align Technology (ALGN) Q4 Earnings Expected to DeclineJanuary 30, 2023 | Investing Trends (Ad)Solar Industry at Start of Long Bull Run?The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.January 25, 2023 | americanbankingnews.comAlign Technology, Inc. (NASDAQ:ALGN) Receives Consensus Recommendation of "Moderate Buy" from BrokeragesJanuary 22, 2023 | americanbankingnews.comShort Interest in Align Technology, Inc. (NASDAQ:ALGN) Declines By 20.5%January 4, 2023 | finance.yahoo.comSome Investors May Be Worried About Align Technology's (NASDAQ:ALGN) Returns On CapitalJanuary 3, 2023 | finance.yahoo.comAlign Technology to Announce Fourth Quarter and 2022 Results on February 1, 2023December 31, 2022 | msn.comAlign, Invitae among healthcare stocks SA contributors correctly said to avoid in 2022January 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 15, 2022 | marketwatch.comAlign Technology Inc. stock rises Thursday, outperforms marketDecember 13, 2022 | seekingalpha.comAlign Technology: Too Expensive For My TasteDecember 2, 2022 | finance.yahoo.comMMSI vs. ALGN: Which Stock Is the Better Value Option?November 30, 2022 | markets.businessinsider.comALGN vs. ROKU: Two 2023 Turnaround Stocks for Courageous ContrariansNovember 10, 2022 | seekingalpha.comAlign Technology: Not AlignedNovember 8, 2022 | finance.yahoo.comThe President of Align Technology, Inc. (NASDAQ:ALGN), Joseph Hogan, Just Bought 6.0% More SharesNovember 8, 2022 | finance.yahoo.comAlign Technology to Award Research Programs That Advance Orthodontic and Dental Patient CareNovember 7, 2022 | finance.yahoo.comLamb Weston and Align Technology have been highlighted as Zacks Bull and Bear of the DayNovember 7, 2022 | finance.yahoo.comBear of the Day: Align Technology, Inc. (ALGN)October 31, 2022 | finance.yahoo.comAlign Technology Announces $200 Million Accelerated Stock Repurchase Agreement Under Its $1 Billion Repurchase ProgramOctober 31, 2022 | finance.yahoo.comInvisalign maker Align Technology enters $200 million accelerated stock repurchase programOctober 27, 2022 | msn.comMidday Movers: Meta Platforms, McDonald's, Align Technology and MoreOctober 27, 2022 | finance.yahoo.comInvisalign Maker’s Earnings Miss Clobbers S&P’s Worst StockOctober 26, 2022 | seekingalpha.comAlign Technology, Inc. (ALGN) Q3 2022 Earnings Call TranscriptOctober 26, 2022 | markets.businessinsider.comAlign Technology Inc. Q3 Profit Decreases, misses estimatesOctober 26, 2022 | finance.yahoo.comAlign Technology Announces Third Quarter 2022 Financial ResultsOctober 26, 2022 | finance.yahoo.comStocks moving in after hours: Meta, Ford, ServiceNow, Align TechnologyOctober 26, 2022 | finance.yahoo.comAlign Technology, Inc. (NASDAQ:ALGN) Shares Could Be 48% Below Their Intrinsic Value EstimateSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ALGN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Align Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address ALGN Company Calendar Last Earnings10/26/2021Today1/30/2023Next Earnings (Confirmed)2/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical appliances & supplies Sub-IndustryHealth Care Supplies SectorMedical Current SymbolNASDAQ:ALGN CUSIP01625510 CIK1097149 Webwww.aligntech.com Phone(408) 470-1000Fax408-470-1010Employees22,540Year Founded1997Price Target and Rating Average Stock Price Forecast$300.78 High Stock Price Forecast$418.00 Low Stock Price Forecast$165.00 Forecasted Upside/Downside+12.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$6.47 Trailing P/E Ratio41.22 Forward P/E Ratio46.14 P/E Growth33.24Net Income$772.02 million Net Margins13.22% Pretax Margin18.21% Return on Equity14.39% Return on Assets8.89% Debt Debt-to-Equity RatioN/A Current Ratio1.38 Quick Ratio1.20 Sales & Book Value Annual Sales$3.95 billion Price / Sales5.27 Cash Flow$11.07 per share Price / Cash Flow24.10 Book Value$45.94 per share Price / Book5.81Miscellaneous Outstanding Shares78,110,000Free Float77,612,000Market Cap$20.83 billion OptionableOptionable Beta1.59 Social Links Key ExecutivesJoseph M. HoganPresident, Chief Executive Officer & DirectorEmory M. WrightExecutive Vice President-Global OperationsJohn F. MoriciChief Financial Officer & EVP-Global FinanceZelko RelicChief Technology Officer & Senior Vice PresidentJulie Ann ColettiExecutive VP, Chief Legal & Regulatory OfficerKey CompetitorsSTERISNYSE:STEZimmer BiometNYSE:ZBHSmith & NephewNYSE:SNNEdwards LifesciencesNYSE:EWCardinal HealthNYSE:CAHView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemBought 1,410 shares on 1/27/2023Ownership: 0.112%Natixis Advisors L.P.Sold 16,180 shares on 1/27/2023Ownership: 0.020%Sicart Associates LLCSold 2,570 shares on 1/27/2023Ownership: 0.008%First Bank & TrustSold 551 shares on 1/27/2023Ownership: 0.003%Sumitomo Mitsui DS Asset Management Company LtdBought 40 shares on 1/26/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions ALGN Stock - Frequently Asked Questions Should I buy or sell Align Technology stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Align Technology in the last twelve months. There are currently 1 sell rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALGN shares. View ALGN analyst ratings or view top-rated stocks. What is Align Technology's stock price forecast for 2023? 8 brokers have issued 12-month price targets for Align Technology's shares. Their ALGN share price forecasts range from $165.00 to $418.00. On average, they anticipate the company's stock price to reach $300.78 in the next twelve months. This suggests a possible upside of 11.7% 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 on January 1st, 2023. Since then, ALGN shares have increased by 27.6% and is now trading at $269.20. View the best growth stocks for 2023 here. Are investors shorting Align Technology? Align Technology saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,300,000 shares, an increase of 31.4% from the December 31st total of 1,750,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 3.1% of the shares of the company 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 1st 2023. View our ALGN earnings forecast. How can I listen to Align Technology's earnings call? Align Technology will be holding an earnings conference call on Wednesday, February 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "328900". How were Align Technology's earnings last quarter? Align Technology, Inc. (NASDAQ:ALGN) announced its quarterly earnings results on Tuesday, October, 26th. The medical equipment provider reported $2.87 EPS for the quarter, topping analysts' consensus estimates of $2.60 by $0.27. The medical equipment provider had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $977.81 million. Align Technology had a net margin of 13.22% and a trailing twelve-month return on equity of 14.39%. The business's quarterly revenue was up 38.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.76 earnings per share. Read the conference call transcript. 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). What is Align Technology's stock symbol? Align Technology trades on the NASDAQ under the ticker symbol "ALGN." Who are Align Technology's major shareholders? Align Technology's stock is owned by many different institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (0.32%), Allspring Global Investments Holdings LLC (0.25%), Scout Investments Inc. (0.21%), Assenagon Asset Management S.A. (0.11%), New York State Teachers Retirement System (0.11%) and Country Trust Bank (0.11%). Insiders that own company stock include Andrea Lynn Saia, C Raymond Larkin Jr, C Raymond Larkin, Jr, Emory Wright, George J Morrow, John Morici, Joseph Lacob, Joseph M Hogan, Julie Ann Coletti, Julie Tay, Kevin C Burns, Robert E Fitzgerald, Simon Beard, Stuart A Hockridge, Stuart A Hockridge, Susan E Siegel, Thomas M Prescott, Vamsi Mohan Raj Pudipeddi, Warren S Thaler, Yuval Shaked and Zelko Relic. 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. What is Align Technology's stock price today? One share of ALGN stock can currently be purchased for approximately $269.20. How much money does Align Technology make? Align Technology (NASDAQ:ALGN) has a market capitalization of $21.03 billion and generates $3.95 billion in revenue each year. The medical equipment provider earns $772.02 million in net income (profit) each year or $6.47 on an earnings per share basis. How many employees does Align Technology have? The company employs 22,540 workers across the globe. 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 How can I contact Align Technology? Align Technology's mailing address is 2820 ORCHARD PARKWAY, SAN JOSE CA, 95134. The official website for the company is www.aligntech.com. The medical equipment provider can be reached via phone at (408) 470-1000, via email at align@ethoscommunication.com, or via fax at 408-470-1010. This page (NASDAQ:ALGN) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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