Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Align Technology, Inc (NASDAQ: ALGN) closed at $198.06 down -1.85% from its previous closing price of $201.79. In other words, the price has decreased by -$1.85 from its previous closing price. On the day, 0.79 million shares were traded.
Ratios:
For a deeper understanding of Align Technology, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.02 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, Wells Fargo on February 14, 2025, initiated with a Overweight rating and assigned the stock a target price of $255.
On January 06, 2025, Leerink Partners Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $235 to $280.
On December 04, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $295.Mizuho initiated its Outperform rating on December 04, 2024, with a $295 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Align’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.25, and their Forward P/E ratio for the next fiscal year is 17.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 3.75.
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 -9.24%, while the 200-Day Moving Average is calculated to be -15.11%.
Shares Statistics:
A total of 74.65M shares are outstanding, with a floating share count of 69.94M. Insiders hold about 6.32% of the company’s shares, while institutions hold 89.13% stake in the company.
