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

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$296.74 -0.34 (-0.11 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$297.08
Today's Range$286.61 - $315.89
52-Week Range$177.93 - $398.88
Volume3.14 million shs
Average Volume1.01 million shs
Market Capitalization$23.74 billion
P/E Ratio60.31
Dividend YieldN/A
Beta2.13
Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontics, and restorative and aesthetic dentistry worldwide. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign Comprehensive treatment that addresses the orthodontic needs of teenage patients, such as compliance indicators and compensation for tooth eruption; Invisalign Assist treatment, which offers support to dental practitioners throughout the treatment process, including progress tracking; and Invisalign First Phase I and Invisalign First Comprehensive Phase II package for younger patients with early mixed dentition with a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign Express 10, Invisalign Express 5, Express Package, Lite Package, Invisalign Go, and SmileDirectClub; and non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers; computer-aided design/computer-aided manufacturing services and ancillary products, such as disposable sleeves for the wand; and iTero applications and tools. The company was founded in 1997 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Industry Surgical appliances & supplies
Sub-IndustryHealth Care Supplies
SectorMedical
Current SymbolNASDAQ:ALGN
CUSIP01625510
Phone408-470-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.97 billion
Cash Flow$5.7011 per share
Book Value$15.66 per share

Profitability

Net Income$400.23 million

Miscellaneous

Employees11,660
Market Cap$23.74 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Align Technology (NASDAQ:ALGN) Frequently Asked Questions

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) issued its quarterly earnings data on Wednesday, April, 24th. The medical equipment provider reported $0.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.83 by $0.06. The medical equipment provider earned $549 million during the quarter, compared to analyst estimates of $532.16 million. Align Technology had a return on equity of 33.41% and a net margin of 20.35%. Align Technology's quarterly revenue was up 25.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.17 EPS. View Align Technology's Earnings History.

When is Align Technology's next earnings date?

Align Technology is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Align Technology.

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

Align Technology updated its second quarter earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of $1.47-1.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.23. The company issued revenue guidance of $590-600 million, compared to the consensus revenue estimate of $591.82 million.Align Technology also updated its Q2 2019 guidance to $1.47-1.54 EPS.

What price target have analysts set for ALGN?

16 brokerages have issued 1 year price targets for Align Technology's stock. Their forecasts range from $210.00 to $430.00. On average, they anticipate Align Technology's stock price to reach $337.00 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Align Technology.

What is the consensus analysts' recommendation for Align Technology?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Align Technology in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Align Technology.

Has Align Technology been receiving favorable news coverage?

Headlines about ALGN stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Align Technology earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned media headlines about the medical equipment provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Align Technology's key competitors?

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), Micron Technology (MU), Alibaba Group (BABA), Adobe (ADBE), Paypal (PYPL), Mastercard (MA), Boeing (BA), salesforce.com (CRM) and Visa (V).

Who are Align Technology's key executives?

Align Technology's management team includes the folowing people:
  • Mr. Joseph M. Hogan, Pres, CEO & Director (Age 62)
  • Mr. John F. Morici, CFO & Sr. VP of Global Fin. (Age 52)
  • Mr. Stuart Hockridge, Sr. VP of Global HR (Age 47)
  • Mr. Raphael S. Pascaud, Sr. VP of Bus. Devel. & Strategy (Age 47)
  • Mr. Emory M. Wright, Sr. VP of Global Operations (Age 49)

Who are Align Technology's major shareholders?

Align Technology's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.15%), Scout Investments Inc. (0.10%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.09%), Factory Mutual Insurance Co. (0.09%), Busey Wealth Management (0.07%) and Gateway Investment Advisers LLC (0.06%). Company insiders that own Align Technology stock include 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, Warren S Thaler and Yuval Shaked. View Institutional Ownership Trends for Align Technology.

Which major investors are selling Align Technology stock?

ALGN stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Virginia Retirement Systems ET AL, Strs Ohio, Autus Asset Management LLC, Cozad Asset Management Inc., First Quadrant L P CA, First Hawaiian Bank and BKS Advisors LLC. Company insiders that have sold Align Technology company stock in the last year include 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, Warren S Thaler and Yuval Shaked. View Insider Buying and Selling for Align Technology.

Which major investors are buying Align Technology stock?

ALGN stock was acquired by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., Busey Wealth Management, Moody National Bank Trust Division, Pacer Advisors Inc., Harvest Investment Services LLC, Redmond Asset Management LLC, Landsberg Bennett & Dubbaneh LLC and Mercer Global Advisors Inc. ADV. View Insider Buying and Selling for Align Technology.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Align Technology's stock price today?

One share of ALGN stock can currently be purchased for approximately $296.74.

How big of a company is Align Technology?

Align Technology has a market capitalization of $23.74 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.

What is Align Technology's official website?

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

How can I contact Align Technology?

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]


MarketBeat Community Rating for Align Technology (NASDAQ ALGN)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  609 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  1,007
MarketBeat's community ratings are surveys of what our community members think about Align Technology and other stocks. Vote "Outperform" if you believe ALGN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALGN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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