Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Align Technology, Inc (NASDAQ: ALGN) closed the day trading at $129.01 down -36.63% from the previous closing price of $203.57. In other words, the price has decreased by -$36.63 from its previous closing price. On the day, 13.7 million shares were traded. ALGN stock price reached its highest trading level at $149.75 during the session, while it also had its lowest trading level at $127.7.
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 10.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
On April 25, 2025, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $170.
On February 14, 2025, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $255.Wells Fargo initiated its Overweight rating on February 14, 2025, with a $255 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.
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 9351263232 and an Enterprise Value of 14001262592. As of this moment, Align’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.76, and their Forward P/E ratio for the next fiscal year is 11.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 3.517 whereas that against EBITDA is 17.282.
Stock Price History:
The Beta on a monthly basis for ALGN is 1.64, which has changed by -0.3957094 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, ALGN has reached a high of $262.87, while it has fallen to a 52-week low of $141.74. The 50-Day Moving Average of the stock is -31.13%, while the 200-Day Moving Average is calculated to be -34.55%.
Shares Statistics:
Over the past 3-months, ALGN traded about 931.80K shares per day on average, while over the past 10 days, ALGN traded about 2318820 shares per day. A total of 72.48M shares are outstanding, with a floating share count of 67.88M. Insiders hold about 6.35% of the company’s shares, while institutions hold 94.37% stake in the company. Shares short for ALGN as of 1752537600 were 2737799 with a Short Ratio of 2.94, compared to 1749772800 on 3017031. Therefore, it implies a Short% of Shares Outstanding of 2737799 and a Short% of Float of 4.8899997.
Earnings Estimates
Investors are keenly observing as 12.0 analysts analyze and rate the current performance of Align Technology, Inc (ALGN) in the stock market.The consensus estimate for the next quarter is $3.06, with high estimates of $3.26 and low estimates of $2.83.
Analysts are recommending an EPS of between $10.42 and $9.8 for the fiscal current year, implying an average EPS of $10.12. EPS for the following year is $10.91, with 17.0 analysts recommending between $11.45 and $10.47.
Revenue Estimates
13 analysts predict $985.92M in revenue for the current quarter. It ranges from a high estimate of $1.04B to a low estimate of $970.6M. As of the current estimate, Align Technology, Inc’s year-ago sales were $977.87MFor the next quarter, 13 analysts are estimating revenue of $1.04B. There is a high estimate of $1.07B for the next quarter, whereas the lowest estimate is $993M.
A total of 18 analysts have provided revenue estimates for ALGN’s current fiscal year. The highest revenue estimate was $4.17B, while the lowest revenue estimate was $3.96B, resulting in an average revenue estimate of $4.03B. In the same quarter a year ago, actual revenue was $4BBased on 18 analysts’ estimates, the company’s revenue will be $4.21B in the next fiscal year. The high estimate is $4.61B and the low estimate is $4B.
