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After finishing at $169.88 in the prior trading day, Align Technology, Inc (NASDAQ: ALGN) closed at $174.19, up 2.54%. In other words, the price has increased by $2.54 from its previous closing price. On the day, 1.08 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ALGN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.59. 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 0.03 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, 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:
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.
Valuation Measures:
As of this moment, Align’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.98, and their Forward P/E ratio for the next fiscal year is 15.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 3.34.
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 $167.32. The 50-Day Moving Average of the stock is -16.84%, while the 200-Day Moving Average is calculated to be -23.93%.
Shares Statistics:
A total of 73.85M shares are outstanding, with a floating share count of 68.94M. Insiders hold about 6.33% of the company’s shares, while institutions hold 90.62% stake in the company.
