Thomas Prescott - Align Technology CEO and President and Director

ALGN Stock  USD 300.82  1.84  0.62%   

CEO

Mr. Thomas M. Prescott is Director of the Company. Mr. Prescott served as our President and Chief Executive Officer from 2002 until his retirement in June 2015. Prior to joining Align, Mr. Prescott was President and Chief Executive Officer of Cardiac Pathways, Inc. from May 1999 to August 2001 and a consultant for Boston Scientific Corporation from August 2001 to January 2002 after its acquisition of Cardiac Pathways in August 2001. Prior to Cardiac Pathways, Mr. Prescott held various sales, general management and executive roles at Nellcor Puritan Bennett, Inc. from April 1994 to May 1999, and various management positions at GE Medical Systems from October 1987 to April 1994. In addition, Mr. Prescott served in sales, marketing and management roles at Siemens AG from December 1980 to July 1986. He received his B.S. in Civil Engineering from Arizona State University and Masters in Management from Northwestern University. Mr. Prescott has served as a member of the Board since joining Align in 2002. since 2015.
Age 62
Tenure 9 years
Address 410 North Scottsdale Road, Tempe, AZ, United States, 85288
Phone602 742 2000
Webhttps://www.aligntech.com
Prescott led the turnaround, recapitalization and ultimately the sale of this interventional cardiology company to Boston Scientific Corporationrationrationration. Prior to Cardiac Pathways, Prescott held various general management and executive roles at Nellcor Puritan Bennett, a company with nearly $1B in revenue as a leader in respiratory products and pioneer of pulse oximetry for patient safety monitoring. Prescott also held various management positions at GE Medical Systems, a global leader in diagnostic imaging and transformational medical technologies. In addition, he served in sales, marketing and management roles at Siemens, one of the world’s largest electrical engineering and electronics companies. He earned his Master’s degree from Kellogg Graduate School of Management, Northwestern University and his Bachelor’s degree in Civil Engineering from Arizona State University.

Align Technology Management Efficiency

The company has return on total asset (ROA) of 0.0682 % which means that it generated a profit of $0.0682 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1231 %, meaning that it created $0.1231 on every $100 dollars invested by stockholders. Align Technology's management efficiency ratios could be used to measure how well Align Technology manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Align Technology's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of April 2024, Return On Capital Employed is likely to grow to 0.17, while Return On Equity is likely to drop 0.09. At this time, Align Technology's Intangible Assets are very stable compared to the past year. As of the 22nd of April 2024, Net Tangible Assets is likely to grow to about 3.7 B, while Deferred Long Term Asset Charges is likely to drop about 52.9 M.
The company currently holds 96.97 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Align Technology has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Align Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Align Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Align Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Align to invest in growth at high rates of return. When we think about Align Technology's use of debt, we should always consider it together with cash and equity.

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Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona. Align Technology operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 23800 people. Align Technology (ALGN) is traded on NASDAQ Exchange in USA. It is located in 410 North Scottsdale Road, Tempe, AZ, United States, 85288 and employs 21,610 people. Align Technology is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Align Technology Leadership Team

Elected by the shareholders, the Align Technology's board of directors comprises two types of representatives: Align Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Align. The board's role is to monitor Align Technology's management team and ensure that shareholders' interests are well served. Align Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Align Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Raphael Pascaud, Chief Marketing Portfolio and Bus. Devel. Officer
Sreelakshmi Kolli, Vice President - Information Technology
George Morrow, Independent Director
David White, CFO
Shirley Stacy, IR Contact Officer
Joseph Hogan, CEO and President and Director
Sian Roberts, Vice President and General Manager - of Canada
Joseph Lacob, Independent Director
Lynn Pendergrass, Vice President Managing Director - Americas Region
Jennifer Erfurth, Vice President - Global Human Resources
Emory Wright, Executive Operations
Simon Beard, Vice President Managing Director - EMEA
Kevin Dallas, Director
Gregory Santora, Independent Director
Zelko Relic, Vice President - Research and Development
Andrea Saia, Independent Director
Brad Jergenson, Vice President and General Manager - United States
Raj Pudipeddi, Senior Vice President Chief Marketing Officer
Susan Siegel, Independent Director
Warren Thaler, Independent Director
Markus Sebastian, Senior Vice President Managing Director, EMEA
Raymond Larkin, Independent Chairman of the Board
Vamsi Pudipeddi, Chief VP
Christopher Puco, Vice President - North American Sales
David Nagel, Independent Director
Jennifer OlsonWilk, Executive Success
John Morici, CFO Finance
Anne Myong, Director
Timothy Mack, VP of Marketing and Bus. Devel.
Jennifer Olson, Vice President and Managing Director - Doctor Directed Consumer Channel
Stuart Hockridge, Vice President - Global Human Resources
Julie Tay, Vice President Managing Director - Asia Pacific
Thomas Prescott, CEO and President and Director
Yuval Shaked, Senior Vice President Managing Director - iTero Scanner and Services Business
Charles Larkin, Independent Chairman of the Board
Julie Coletti, Executive Officer
Roger George, VP of Legal and Corporate Affairs, General Counsel and Corporate Secretary

Align Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Align Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Align Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Align Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Align Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Align Stock

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The ability to find closely correlated positions to Align Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Align Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Align Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Align Technology to buy it.
The correlation of Align Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Align Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Align Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Align Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Align Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Align Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Align Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Align Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.
Note that the Align Technology information on this page should be used as a complementary analysis to other Align Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Align Technology's price analysis, check to measure Align Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Align Technology is operating at the current time. Most of Align Technology's value examination focuses on studying past and present price action to predict the probability of Align Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Align Technology's price. Additionally, you may evaluate how the addition of Align Technology to your portfolios can decrease your overall portfolio volatility.
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Is Align Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Align Technology. If investors know Align will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Align Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.06
Earnings Share
5.8
Revenue Per Share
50.536
Quarterly Revenue Growth
0.061
Return On Assets
0.0682
The market value of Align Technology is measured differently than its book value, which is the value of Align that is recorded on the company's balance sheet. Investors also form their own opinion of Align Technology's value that differs from its market value or its book value, called intrinsic value, which is Align Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Align Technology's market value can be influenced by many factors that don't directly affect Align Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Align Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Align Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Align Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.