NASDAQ:ALGN - Align Technology Stock Price, Forecast & News

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

Align Technology, Inc. (NASDAQ:ALGN) released its earnings results on Wednesday, October, 23rd. The medical equipment provider reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.14. The medical equipment provider had revenue of $607.30 million for the quarter, compared to analyst estimates of $595.29 million. Align Technology had a return on equity of 28.76% and a net margin of 18.28%. Align Technology's quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.24 EPS. View Align Technology's Earnings History.

Align Technology is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Align Technology.

Align Technology will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Align Technology updated its fourth quarter earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of $1.35-$1.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.35. The company issued revenue guidance of $640-$650 million, compared to the consensus revenue estimate of $640.31 million.

12 brokerages have issued 1 year target prices for Align Technology's stock. Their forecasts range from $200.00 to $360.00. On average, they anticipate Align Technology's share price to reach $266.45 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for Align Technology.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Align Technology in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Align Technology.

News articles about ALGN stock have trended very negative on Sunday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Align Technology earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the medical equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Align Technology.

Some companies that are related to Align Technology include Cooper Companies (COO), DENTSPLY SIRONA (XRAY), West Pharmaceutical Services (WST), Haemonetics (HAE), ICU Medical (ICUI), Neogen (NEOG), Quidel (QDEL), Merit Medical Systems (MMSI), STAAR Surgical (STAA), Atrion (ATRI), Antares Pharma (ATRS), Anika Therapeutics (ANIK), Cerus (CERS), OraSure Technologies (OSUR) and Meridian Bioscience (VIVO).

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

Align Technology's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Johanson Financial Advisors Inc. (0.06%), Commerzbank Aktiengesellschaft FI (0.06%), Nisa Investment Advisors LLC (0.05%), Gateway Investment Advisers LLC (0.04%), Scout Investments Inc. (0.04%) and Heritage Investors Management Corp (0.02%). Company insiders that own Align Technology stock include Andrea Lynn Saia, C Raymond Larkin Jr, Christopher C Puco, Emory Wright, Greg J Santora, Jennifer Olson, John Morici, Joseph Lacob, Joseph M Hogan, Julie Tay, Raphael Pascaud, Simon Beard, Sreelakshmi Kolli, Stuart A Hockridge, Thomas M Prescott, Vamsi Mohan Raj Pudipeddi, Warren S Thaler and Yuval Shaked. View Institutional Ownership Trends for Align Technology.

ALGN stock was sold by a variety of institutional investors in the last quarter, including Courier Capital LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Commerzbank Aktiengesellschaft FI, Gateway Investment Advisers LLC, Brasada Capital Management LP, IFM Investors Pty Ltd and Canandaigua National Bank & Trust Co.. Company insiders that have sold Align Technology company stock in the last year include Andrea Lynn Saia, C Raymond Larkin Jr, Greg J Santora, John Morici, Joseph Lacob, Julie Tay, Raphael Pascaud, Stuart A Hockridge, Thomas M Prescott, Warren S Thaler and Yuval Shaked. View Insider Buying and Selling for Align Technology.

ALGN stock was bought by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Scout Investments Inc., Nisa Investment Advisors LLC, Alpine Global Management LLC, Steward Partners Investment Advisory LLC, Zeke Capital Advisors LLC, Diversified Trust Co and OLD National Bancorp IN. Company insiders that have bought Align Technology stock in the last two years include Joseph M Hogan and Vamsi Mohan Raj Pudipeddi. View Insider Buying and Selling for Align Technology.

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

One share of ALGN stock can currently be purchased for approximately $280.70.

Align Technology has a market capitalization of $22.12 billion and generates $1.97 billion in revenue each year. The medical equipment provider earns $400.23 million in net income (profit) each year or $4.92 on an earnings per share basis. Align Technology employs 11,660 workers across the globe.View Additional Information About Align Technology.

The official website for Align Technology is http://www.aligntech.com/.

Align Technology's mailing address is 2820 ORCHARD PARKWAY, SAN JOSE CA, 95134. The medical equipment provider can be reached via phone at 408-470-1000 or via email at [email protected]