Shares of Health Care sector company Align Technology moved -6.4% today, and are now trading at a price of $254.03. The Large-Cap stock's daily volume was 643,665 compared to its average volume of 677,536. The S&P 500 index returned a -0.0% performance.
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, and internationally. The company is based in Tempe and has 21,670 full time employees. Its market capitalization is $19,123,808,256.
13 analysts are following Align Technology and have set target prices ranging from $250.0 to $400.0 per share. On average, they have given the company a rating of buy. At today's prices, ALGN is trading -24.83% away from its average analyst target price of $337.92 per share.
Over the last year, ALGN shares have gone down by -17.9%, which represents a difference of -41.1% when compared to the S&P 500. The stock's 52 week high is $413.2 per share and its 52 week low is $176.34. With average free cash flows of $515.42 Million that have been growing at an average rate of 5.5% over the last 5 years, Align Technology declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 785,776 | 177,716 | 608,060 | 119.65 |
| 2022 | 568,732 | 291,900 | 276,832 | -64.12 |
| 2021 | 1,172,544 | 401,098 | 771,446 | 52.08 |
| 2020 | 662,174 | 154,916 | 507,258 | -15.11 |
| 2019 | 747,270 | 149,707 | 597,563 | 80.33 |
| 2018 | 554,681 | 223,312 | 331,369 |
