The Most Important Facts About Align Technology

Align Technology logged a -0.6% change during today's evening session, and is now trading at a price of $217.47 per share. The S&P 500 index moved 0.0%. ALGN's trading volume is 1,227,222 compared to the stock's average volume of 1,062,419.

Align Technology trades -18.64% away from its average analyst target price of $267.29 per share. The 12 analysts following the stock have set target prices ranging from $180.0 to $378.0, and on average have given Align Technology a rating of buy.

If you are considering an investment in ALGN, you'll want to know the following:

  • Align Technology's current price is 192.3% above its Graham number of $74.41, which implies that at its current valuation it does not offer a margin of safety

  • Align Technology has moved 10.1% over the last year, and the S&P 500 logged a change of 15.0%

  • Based on its trailing earnings per share of 4.72, Align Technology has a trailing 12 month Price to Earnings (P/E) ratio of 46.1 while the S&P 500 average is 15.97

  • ALGN has a forward P/E ratio of 23.6 based on its forward 12 month price to earnings (EPS) of $9.23 per share

  • The company has a price to earnings growth (PEG) ratio of 0.61 — a number near or below 1 signifying that Align Technology is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 4.38 compared to its sector average of 4.08

  • 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.

  • Based in Tempe, the company has 22,680 full time employees and a market cap of $16.66 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.