ALIGN TECHNOLOGY INC

NASDAQ: ALGN (Align Technology, Inc.)

Last update: 6 days ago, 8:52AM

227.86

6.22 (2.80%)

Previous Close 221.64
Open 223.30
Volume 92,238
Avg. Volume (3M) 755,881
Market Cap 17,010,082,816
Price / Earnings (TTM) 38.95
Price / Earnings (Forward) 21.83
Price / Sales 4.25
Price / Book 4.23
52 Weeks Range
196.09 (-13%) — 335.40 (47%)
Earnings Date 29 Jan 2025 - 3 Feb 2025
Profit Margin 11.15%
Operating Margin (TTM) 16.60%
Diluted EPS (TTM) 5.86
Quarterly Revenue Growth (YOY) 1.80%
Quarterly Earnings Growth (YOY) -4.50%
Total Debt/Equity (MRQ) 3.23%
Current Ratio (MRQ) 1.26
Operating Cash Flow (TTM) 499.05 M
Levered Free Cash Flow (TTM) 413.27 M
Return on Assets (TTM) 6.70%
Return on Equity (TTM) 11.40%

Market Trend

Short Term Medium Term
Industry Medical Instruments & Supplies (US) Mixed Mixed
Medical Instruments & Supplies (Global) Mixed Mixed
Stock Align Technology, Inc. Bearish Bullish

Stockmoo Score

1.6
Analyst Consensus 2.0
Insider Activity NA
Price Volatility -1.0
Technical Moving Averages 2.5
Technical Oscillators 3.0
Average 1.63

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Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food and Drug Administration in 1998 and has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients’ teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans, and iTero scans make up over half of these scans.

Sector Healthcare
Industry Medical Instruments & Supplies
Investment Style Mid Core
% Held by Insiders 6.60%
% Held by Institutions 89.87%
52 Weeks Range
196.09 (-13%) — 335.40 (47%)
Price Target Range
250.00 (9%) — 280.00 (22%)
High 280.00 (Morgan Stanley, 22.89%) Buy
Median 275.00 (20.69%)
Low 250.00 (Evercore ISI Group, 9.72%) Buy
Average 271.20 (19.02%)
Total 5 Buy
Avg. Price @ Call 216.42
Firm Date Target Price Call Price @ Call
Baird 24 Oct 2024 276.00 (21.13%) Buy 216.42
Evercore ISI Group 24 Oct 2024 250.00 (9.72%) Buy 216.42
08 Oct 2024 270.00 (18.50%) Buy 234.06
Morgan Stanley 24 Oct 2024 280.00 (22.89%) Buy 216.42
Piper Sandler 24 Oct 2024 275.00 (20.69%) Buy 216.42
17 Oct 2024 285.00 (25.08%) Buy 216.02
Stifel 24 Oct 2024 275.00 (20.69%) Buy 216.42
11 Oct 2024 285.00 (25.08%) Buy 222.04

No data within this time range.

Date Type Details
12 Nov 2024 Announcement Align Technology Hosts the 2024 Invisalign™ Ortho Summit, Its Premier Education Event to Enhance Digital Practice Transformation and Treatment Experiences for Patients, Teams, and Practices
04 Nov 2024 Announcement Align Technology Opens 2025 Annual Research Program to Advance Orthodontic and Dental Patient Care
01 Nov 2024 Announcement Align Technology to Speak at Upcoming Financial Conferences
25 Oct 2024 Announcement Align Technology Announces $275 Million Open Market Repurchase
23 Oct 2024 Announcement Frank Quinn to Rejoin Align Technology as Executive Vice President and Managing Director of the Americas Region
23 Oct 2024 Announcement ALIGN TECHNOLOGY ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS
23 Oct 2024 Announcement Align Technology Announces iTero™ Intraoral Scanner Product Innovations That Enhance Digital Dentistry Workflows and Integrated Treatment Options in Oral Health, Restorative, and Ortho Treatment in General Dentistry Practices
23 Oct 2024 Announcement Align Technology Introduces Invisalign Smile Architect™ With Multiple Treatment Plans, Further Enabling Ortho Restorative Digital Dentistry Treatment Options
14 Oct 2024 Announcement Invisalign® Palatal Expander System by Align Technology Now Available in Hong Kong for Skeletal and Dental Expansion in Growing Patients
14 Oct 2024 Announcement Invisalign® Palatal Expander System by Align Technology Now Available in Singapore for Skeletal and Dental Expansion in Growing Patients
02 Oct 2024 Announcement Align Technology to Announce Third Quarter 2024 Results on October 23, 2024
01 Oct 2024 Announcement Court Grants Preliminary Approval of Settlement to Resolve All Outstanding Shareholder Derivative Litigation Involving Align
04 Sep 2024 Announcement Align Technology to Speak at Upcoming Financial Conference
03 Sep 2024 Announcement Align Technology Announces New Regional Leadership Roles
22 Aug 2024 Announcement Align Technology Pilots U.S. Invisalign® Treatment Promotional Program on Costco.com
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The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

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