Align Technology Company Profile (NASDAQ:ALGN)

About Align Technology (NASDAQ:ALGN)

Align Technology logoAlign Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design/computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Teen and Assist (Comprehensive Products), Express/Lite (Non-Comprehensive Products) and Vivera Retainers, along with its training and ancillary products for treating malocclusion (Non-Case). The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Scanner segment includes its iTero scanner and OrthoCAD services.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Equipment, Supplies & Distribution
  • Sub-Industry: Health Care Supplies
  • Symbol: NASDAQ:ALGN
  • CUSIP: 01625510
  • Web: www.aligntech.com
Capitalization:
  • Market Cap: $16.10073 billion
  • Outstanding Shares: 80,150,000
Average Prices:
  • 50 Day Moving Avg: $187.02
  • 200 Day Moving Avg: $157.72
  • 52 Week Range: $83.27 - $201.70
P/E:
  • Trailing P/E Ratio: 68.79
  • Foreward P/E Ratio: 49.11
  • P/E Growth: 2.37
Sales & Book Value:
  • Annual Revenue: $1.24 billion
  • Price / Sales: 12.98
  • Book Value: $13.45 per share
  • Price / Book: 14.94
Profitability:
  • EBITDA: $306.55 million
  • Net Margins: 19.18%
  • Return on Equity: 23.87%
  • Return on Assets: 16.93%
Debt:
  • Current Ratio: 2.36%
  • Quick Ratio: 2.28%
Misc:
  • Average Volume: 927,894 shs.
  • Beta: 1.54
  • Short Ratio: 3.31
 

Frequently Asked Questions for Align Technology (NASDAQ:ALGN)

What is Align Technology's stock symbol?

Align Technology trades on the NASDAQ under the ticker symbol "ALGN."

How were Align Technology's earnings last quarter?

Align Technology, Inc. (NASDAQ:ALGN) announced its earnings results on Thursday, July, 27th. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.73 by $0.12. The firm had revenue of $356.50 million for the quarter, compared to the consensus estimate of $343.43 million. Align Technology had a net margin of 19.18% and a return on equity of 23.87%. The business's quarterly revenue was up 32.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 EPS. View Align Technology's Earnings History.

When will Align Technology make its next earnings announcement?

Align Technology is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Align Technology.

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

Align Technology issued an update on its third quarter earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $0.79-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.79. The company issued revenue guidance of $355-360 million, compared to the consensus revenue estimate of $341.95 million.

Where is Align Technology's stock going? Where will Align Technology's stock price be in 2017?

10 brokerages have issued 12 month price targets for Align Technology's stock. Their predictions range from $150.00 to $230.00. On average, they anticipate Align Technology's share price to reach $198.50 in the next twelve months. View Analyst Ratings for Align Technology.

What are analysts saying about Align Technology stock?

Here are some recent quotes from research analysts about Align Technology stock:

  • 1. According to Zacks Investment Research, "Align Technology’s second-quarter 2017 performance was promising with it beating the Zacks Consensus Estimate on both the fronts. We are encouraged by the company’s strong InvisAlign Technology prospects and growth in North America and international regions. Management particularly expects consistent growth in the Asia-Pacific region. To note, the company has recently opened a new InvisAlign Technology Treatment Planning facility in China. We are also upbeat about the multi-million dollar marketing campaign for promoting InvisAlign Technology brand. The company’s receipt of two U.S. patents for SmartTrack  Aligner material buoys optimism. Notably, over the past one month, Align Technology has been trading above the industry. On the flip side, a strong dollar continues to act as a dampener. Also high consts and expenses weigh on margins. Moreover, tough competition and macroeconomic headwinds are other concerns." (8/21/2017)
  • 2. Leerink Swann analysts commented, "healthy" (6/26/2017)

Who are some of Align Technology's key competitors?

Who are Align Technology's key executives?

Align Technology's management team includes the folowing people:

  • Charles Raymond Larkin Jr., Independent Chairman of the Board
  • Joseph M. Hogan, President, Chief Executive Officer, Director
  • John F. Morici, Chief Financial Officer
  • Emory M. Wright, Vice President - Operations
  • Roger E. George, Vice President - Corporate and Legal Affairs and General Counsel
  • Simon Beard, Vice President, Managing Director - EMEA
  • Jennifer Olson, Vice President and Managing Director - Doctor Directed Consumer Channel
  • Christopher C. Puco, Vice President, Managing Director - North America
  • Julie Tay, Vice President, Managing Director - Asia Pacific
  • Stuart Hockridge, Vice President - Global Human Resources

Who owns Align Technology stock?

Align Technology's stock is owned by many different of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.11%), Robeco Institutional Asset Management B.V. (0.11%), APG Asset Management N.V. (0.06%), State Treasurer State of Michigan (0.03%), Sit Investment Associates Inc. (0.03%) and Mutual of America Capital Management LLC (0.01%). Company insiders that own Align Technology stock include Andrea Lynn Saia, C Raymond Larkin Jr, Christopher C Puco, David C Nagel, David L White, Emory Wright, George J Morrow, Greg J Santora, Jennifer Erfurth, Jennifer Olson, Joseph Lacob, Julie Tay, Raphael Pascaud, Roger E George, Sreelakshmi Kolli, Thomas M Prescott, Timothy A Mack, Warren S Thaler and Zelko Relic. View Institutional Ownership Trends for Align Technology.

Who sold Align Technology stock? Who is selling Align Technology stock?

Align Technology's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Mutual of America Capital Management LLC, State Treasurer State of Michigan, Meeder Asset Management Inc., Sit Investment Associates Inc. and Robeco Institutional Asset Management B.V.. Company insiders that have sold Align Technology stock in the last year include Andrea Lynn Saia, C Raymond Larkin Jr, Christopher C Puco, David L White, Jennifer Olson, Joseph Lacob, Sreelakshmi Kolli, Thomas M Prescott and Warren S Thaler. View Insider Buying and Selling for Align Technology.

Who bought Align Technology stock? Who is buying Align Technology stock?

Align Technology's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Oakbrook Investments LLC and Winslow Evans & Crocker Inc.. View Insider Buying and Selling for Align Technology.

How do I buy Align Technology stock?

Shares of Align Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Align Technology's stock price today?

One share of Align Technology stock can currently be purchased for approximately $200.88.


MarketBeat Community Rating for Align Technology (NASDAQ ALGN)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  350 (Vote Outperform)
Underperform Votes:  198 (Vote Underperform)
Total Votes:  548
MarketBeat's community ratings are surveys of what our community members think about Align Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Align Technology (NASDAQ:ALGN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $198.50 (1.18% downside)
Consensus Price Target History for Align Technology (NASDAQ:ALGN)
Price Target History for Align Technology (NASDAQ:ALGN)
Analysts' Ratings History for Align Technology (NASDAQ:ALGN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Stifel NicolausReiterated RatingBuyN/AView Rating Details
10/18/2017Robert W. BairdSet Price TargetBuy$208.00N/AView Rating Details
10/10/2017Northcoast ResearchReiterated RatingBuy$200.00 -> $230.00N/AView Rating Details
10/6/2017Morgan StanleyReiterated RatingOverweight$195.00 -> $220.00N/AView Rating Details
9/15/2017Goldman Sachs Group, Inc. (The)Boost Price TargetBuy$185.00 -> $210.00LowView Rating Details
9/11/2017Piper Jaffray CompaniesReiterated RatingBuy$200.00MediumView Rating Details
7/28/2017Leerink SwannReiterated RatingOutperform$194.00 -> $199.00LowView Rating Details
7/28/2017Bank of America CorporationUpgradeNeutral -> Buy$175.00 -> $193.00HighView Rating Details
7/13/2017Credit Suisse GroupReiterated RatingOutperform$140.00 -> $170.00LowView Rating Details
6/1/2017Jefferies Group LLCReiterated RatingBuy$150.00LowView Rating Details
3/24/2016Canaccord GenuityReiterated RatingBuy$72.00 -> $80.00N/AView Rating Details
3/23/2016Roth CapitalBoost Price TargetBuy$72.00 -> $80.00N/AView Rating Details
1/29/2016William BlairReiterated RatingBuyN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Align Technology (NASDAQ:ALGN)
Earnings by Quarter for Align Technology (NASDAQ:ALGN)
Earnings History by Quarter for Align Technology (NASDAQ ALGN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.79N/AView Earnings Details
7/27/2017Q2 2017$0.73$0.85$343.43 million$356.50 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.67$0.85$297.46 million$310.34 millionViewN/AView Earnings Details
1/31/2017Q416$0.66$0.59$292.75 million$293.20 millionViewN/AView Earnings Details
11/7/2016Q3$0.52$0.63$271.61 million$278.60 millionViewListenView Earnings Details
7/28/2016Q2$0.48$0.62$259.29 million$269.40 millionViewListenView Earnings Details
4/28/2016Q116$0.40$0.50$236.22 million$238.70 millionViewListenView Earnings Details
1/28/2016Q415$0.52$0.60$226.68 million$230.30 millionViewListenView Earnings Details
10/22/2015Q315$0.34$0.34$205.10 million$207.64 millionViewListenView Earnings Details
7/23/2015Q215$0.37$0.39$209.14 million$209.50 millionViewListenView Earnings Details
4/23/2015Q115$0.32$0.38$190.89 million$198.10 millionViewN/AView Earnings Details
1/29/2015Q414$0.49$0.48$198.10 million$198.60 millionViewN/AView Earnings Details
10/23/2014Q314$0.43$0.47$188.70 million$189.90 millionViewListenView Earnings Details
7/24/2014Q214$0.39$0.43$185.80 million$192.53 millionViewN/AView Earnings Details
4/23/2014Q114$0.35$0.39$177.57 million$180.60 millionViewN/AView Earnings Details
1/31/2014Q413$0.43$0.51$172.24 million$178.30 millionViewN/AView Earnings Details
10/17/2013Q313$0.30$0.42$158.64 million$164.50 millionViewN/AView Earnings Details
7/18/2013Q2 2013$0.28$0.36$156.13 million$163.80 millionViewN/AView Earnings Details
4/18/2013Q1 2013$0.23$0.26$149.40 million$153.60 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.22$0.27$134.75 million$142.80 millionViewN/AView Earnings Details
10/17/2012$0.29$0.28ViewN/AView Earnings Details
7/19/2012$0.28$0.34ViewN/AView Earnings Details
4/23/2012$0.21$0.27ViewN/AView Earnings Details
1/30/2012$0.21$0.28ViewN/AView Earnings Details
10/27/2011$0.19$0.27ViewN/AView Earnings Details
8/1/2011$0.20$0.20ViewN/AView Earnings Details
4/20/2011$0.17$0.21ViewN/AView Earnings Details
1/26/2011$0.17$0.14ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Align Technology (NASDAQ:ALGN)
2017 EPS Consensus Estimate: $3.06
2018 EPS Consensus Estimate: $4.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.65$0.70$0.67
Q2 20175$0.62$0.76$0.71
Q3 20175$0.73$0.82$0.79
Q4 20175$0.85$0.93$0.90
Q1 20184$0.82$0.95$0.88
Q2 20184$0.99$1.14$1.06
Q3 20184$0.99$1.15$1.08
Q4 20184$1.04$1.23$1.14
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Align Technology (NASDAQ:ALGN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Align Technology (NASDAQ:ALGN)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 81.53%
Insider Trades by Quarter for Align Technology (NASDAQ:ALGN)
Institutional Ownership by Quarter for Align Technology (NASDAQ:ALGN)
Insider Trades by Quarter for Align Technology (NASDAQ:ALGN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/31/2017Joseph LacobDirectorSell50,000$144.98$7,249,000.00View SEC Filing  
5/30/2017Joseph LacobDirectorSell3,874$143.96$557,701.04View SEC Filing  
5/30/2017Sreelakshmi KolliVPSell1,000$144.00$144,000.00View SEC Filing  
2/28/2017Joseph LacobDirectorSell50,000$102.67$5,133,500.00View SEC Filing  
2/24/2017Christopher C PucoVPSell24,353$101.88$2,481,083.64View SEC Filing  
2/22/2017Thomas M PrescottDirectorSell66,528$101.12$6,727,311.36View SEC Filing  
2/15/2017Andrea Lynn SaiaDirectorSell4,000$99.68$398,720.00View SEC Filing  
2/3/2017C Raymond Larkin JrDirectorSell15,000$94.71$1,420,650.00View SEC Filing  
11/29/2016Jennifer OlsonVPSell3,662$95.44$349,501.28View SEC Filing  
11/29/2016Warren S ThalerDirectorSell8,500$95.57$812,345.00View SEC Filing  
11/18/2016David L WhiteCFOSell11,152$95.53$1,065,350.56View SEC Filing  
11/14/2016Thomas M PrescottDirectorSell33,125$90.60$3,001,125.00View SEC Filing  
8/29/2016Jennifer OlsonVPSell799$93.30$74,546.70View SEC Filing  
8/15/2016Zelko RelicVPSell13,577$95.91$1,302,170.07View SEC Filing  
8/9/2016Julie TayVPSell3,000$92.60$277,800.00View SEC Filing  
5/23/2016George J MorrowDirectorSell50,000$77.72$3,886,000.00View SEC Filing  
5/16/2016Raphael PascaudVPSell3,000$77.00$231,000.00View SEC Filing  
5/10/2016Julie TayVPSell1,250$77.00$96,250.00View SEC Filing  
5/5/2016C Raymond Larkin JrDirectorSell15,000$74.36$1,115,400.00View SEC Filing  
5/5/2016Roger E GeorgeVPSell27,311$75.00$2,048,325.00View SEC Filing  
5/3/2016Julie TayVPSell1,754$75.00$131,550.00View SEC Filing  
5/3/2016Thomas M PrescottDirectorSell64,773$74.54$4,828,179.42View SEC Filing  
2/25/2016Christopher C PucoVPSell11,413$63.51$724,839.63View SEC Filing  
2/23/2016Timothy A. MackVPSell28,384$63.25$1,795,288.00View SEC Filing  
2/22/2016Christopher C. PucoVPSell6,278$64.01$401,854.78View SEC Filing  
2/4/2016Greg J SantoraDirectorSell9,000$67.28$605,520.00View SEC Filing  
1/5/2016David C NagelDirectorSell1,100$64.64$71,104.00View SEC Filing  
12/14/2015David C NagelDirectorSell1,100$65.20$71,720.00View SEC Filing  
11/2/2015Julie TayVPSell1,500$66.67$100,005.00View SEC Filing  
10/30/2015Emory WrightVPSell25,272$65.04$1,643,690.88View SEC Filing  
10/28/2015Jennifer ErfurthVPSell6,198$66.04$409,315.92View SEC Filing  
10/27/2015David L. WhiteCFOSell8,426$66.85$563,278.10View SEC Filing  
10/27/2015Greg J. SantoraDirectorSell20,000$66.95$1,339,000.00View SEC Filing  
8/25/2015Andrea Lynn SaiaDirectorSell3,567$55.10$196,541.70View SEC Filing  
8/20/2015Warren S. ThalerDirectorSell7,000$58.75$411,250.00View SEC Filing  
8/17/2015Thomas M PrescottDirectorSell40,000$60.50$2,420,000.00View SEC Filing  
5/15/2015Jennifer ErfurthVPSell2,400$59.27$142,248.00View SEC Filing  
5/7/2015C Raymond Larkin JrDirectorSell15,000$59.03$885,450.00View SEC Filing  
5/6/2015Warren S ThalerDirectorSell7,000$58.75$411,250.00View SEC Filing  
5/5/2015David L WhiteCFOSell1,899$59.37$112,743.63View SEC Filing  
5/5/2015John Patrick GrahamCMOSell1,139$60.37$68,761.43View SEC Filing  
5/5/2015Timothy A MackVPSell28,280$59.47$1,681,811.60View SEC Filing  
5/1/2015Roger E GeorgeVPSell23,248$58.69$1,364,425.12View SEC Filing  
2/26/2015Raphael PascaudVPSell6,500$56.40$366,600.00View SEC Filing  
2/24/2015Christopher C PucoVPSell11,982$56.40$675,784.80View SEC Filing  
11/4/2014Timothy A MackVPSell9,375$52.17$489,093.75View SEC Filing  
10/28/2014C Raymond Larkin JrDirectorSell15,000$51.54$773,100.00View SEC Filing  
10/28/2014Jennifer ErfurthVPSell6,242$52.25$326,144.50View SEC Filing  
8/27/2014Roger E GeorgeVPSell10,875$55.85$607,368.75View SEC Filing  
8/21/2014David L WhiteCFOSell4,600$54.42$250,332.00View SEC Filing  
8/21/2014John Patrick GrahamCMOSell7,046$54.41$383,372.86View SEC Filing  
8/19/2014Thomas M PrescottCEOSell14,896$55.07$820,322.72View SEC Filing  
5/29/2014Timothy A MackVPSell16,333$55.06$899,294.98View SEC Filing  
5/1/2014Raphael PascaudVPSell2,000$50.79$101,580.00View SEC Filing  
2/25/2014Christopher PucoVPSell4,462$54.09$241,349.58View SEC Filing  
2/24/2014Roger GeorgeVPSell19,474$54.23$1,056,075.02View SEC Filing  
2/11/2014Jennifer ErfurthVPSell3,144$55.34$173,988.96View SEC Filing  
2/7/2014Thomas PrescottCEOSell236,979$54.64$12,948,532.56View SEC Filing  
2/4/2014Timothy MackVPSell12,761$54.73$698,409.53View SEC Filing  
2/4/2014Warren ThalerDirectorSell18,000$54.75$985,500.00View SEC Filing  
10/31/2013Jennifer ErfurthVPSell3,242$56.97$184,696.74View SEC Filing  
10/30/2013Richard M.L. TwomeyVPSell4,010$57.05$228,770.50View SEC Filing  
10/30/2013Thomas M PrescottCEOSell188,176$56.88$10,703,450.88View SEC Filing  
10/30/2013Warren S ThalerDirectorSell35,250$56.55$1,993,387.50View SEC Filing  
10/22/2013George J MorrowDirectorSell75,000$57.27$4,295,250.00View SEC Filing  
10/22/2013Thomas M PrescottCEOSell74,513$58.00$4,321,754.00View SEC Filing  
8/29/2013Richard M.L. TwomeyVPSell2,135$43.76$93,427.60View SEC Filing  
8/29/2013Timothy MackSVPSell18,477$43.32$800,423.64View SEC Filing  
8/9/2013Joseph LacobDirectorSell8,000$43.85$350,800.00View SEC Filing  
8/1/2013Greg SantoraDirectorSell16,000$43.79$700,640.00View SEC Filing  
7/30/2013Warren S ThalerDirectorSell10,000$42.24$422,400.00View SEC Filing  
7/25/2013Roger E GeorgeVPSell26,252$43.55$1,143,274.60View SEC Filing  
7/24/2013Richard M.L. TwomeyVPSell4,532$43.42$196,779.44View SEC Filing  
5/31/2013Joseph LacobDirectorSell49,998$36.16$1,807,927.68View SEC Filing  
5/15/2013Richard M.L. TwomeyVPSell1,875$36.10$67,687.50View SEC Filing  
2/4/2013Len HedgeSVPSell100,000$31.38$3,138,000.00View SEC Filing  
11/12/2012Dan Scott EllisVPSell18,815$26.52$498,973.80View SEC Filing  
8/9/2012Joseph LacobDirectorSell300,000$34.97$10,491,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

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Align Technology (ALGN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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