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Align Technology, Inc (NASDAQ: ALGN) closed the day trading at $212.69 down -7.05% from the previous closing price of $228.81. In other words, the price has decreased by -$7.05 from its previous closing price. On the day, 0.96 million shares were traded. ALGN stock price reached its highest trading level at $228.965 during the session, while it also had its lowest trading level at $212.5.
Ratios:
For a better understanding of ALGN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on December 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $295.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $310.Leerink Partners initiated its Market Perform rating on February 26, 2024, with a $310 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Wright Emory bought 2,500 shares for $232.94 per share.
LARKIN C RAYMOND JR bought 6,500 shares of ALGN for $1,529,645 on Aug 15 ’24. The Director now owns 28,247 shares after completing the transaction at $235.33 per share. On Feb 29 ’24, another insider, LACOB JOSEPH, who serves as the Director of the company, sold 15,000 shares for $303.22 each. As a result, the insider received 4,548,308 and left with 131,994 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALGN now has a Market Capitalization of 15877968896 and an Enterprise Value of 14963627008. As of this moment, Align’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.26, and their Forward P/E ratio for the next fiscal year is 20.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.01 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 3.778 whereas that against EBITDA is 18.245.
Stock Price History:
Over the past 52 weeks, ALGN has reached a high of $335.40, while it has fallen to a 52-week low of $196.09. The 50-Day Moving Average of the stock is -4.87%, while the 200-Day Moving Average is calculated to be -16.01%.
Shares Statistics:
Over the past 3-months, ALGN traded about 776.58K shares per day on average, while over the past 10 days, ALGN traded about 559180 shares per day. A total of 74.76M shares are outstanding, with a floating share count of 69.80M. Insiders hold about 6.50% of the company’s shares, while institutions hold 89.24% stake in the company. Shares short for ALGN as of 1732838400 were 2534163 with a Short Ratio of 3.26, compared to 1730332800 on 2900992. Therefore, it implies a Short% of Shares Outstanding of 2534163 and a Short% of Float of 4.36.
