Quick Look at Align Technology (ALGN)

By Harris Dyer • Monday, December 11 16:39 • Permanent Link

Join us for a quick overview of Align Technology, a Specialty Industrial Machinery company whose shares moved -1.2% today. Here are some facts about the stock that should help you see the bigger picture:

Align Technology has moved 13.4% over the last year, and the S&P 500 logged a change of 15.4%
ALGN has an average analyst rating of buy and is -19.12% away from its mean target price of $270.38 per share
Its trailing earnings per share (EPS) is $4.71
Align Technology has a trailing 12 month Price to Earnings (P/E) ratio of 46.4 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $9.23 and its forward P/E ratio is 23.7
The company has a Price to Book (P/B) ratio of 4.4 in contrast to the S&P 500's average ratio of 2.95
Align Technology is part of the Health Care sector, which has an average P/E ratio of 30.21 and an average P/B of 4.08
ALGN has reported YOY quarterly earnings growth of 69.9% and gross profit margins of 0.7%
The company has a free cash flow of $770.26 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, China, and internationally. It operates in two segments, Clear Aligner; and Imaging Systems and CAD/CAM Services (Systems and Services). The Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; and non-case products that include retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment. The Systems and Services segment offers iTero intraoral scanning system, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan, as well as subscription software, disposables, rentals, leases, and pay per scan services Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

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