Align Stock Analysis

ALGN -  USA Stock  

USD 471.73  18.98  3.87%

The modest gains experienced by current holders of Align Technology could raise concerns from institutional investors as the firm it trading at a share price of 471.73 on 588,234 in volume. The company executives have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in December. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.64. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Align Technology partners.
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Align Stock Analysis 

 
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The Align Technology stock analysis report makes it easy to digest most publicly released information about Align Technology and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Align Stock analysis module also helps to analyze the Align Technology price relationship with some important fundamental indicators such as market cap and management efficiency.

Align Stock Analysis Notes

About 88.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.3. Align Technology recorded earning per share (EPS) of 9.28. The entity had not issued any dividends in recent years. 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 21590 people. For more info on Align Technology please contact Joseph Hogan at 602 742-2000 or go to www.aligntech.com.

Align Technology Quarterly Cost of Revenue

260.75 MillionShare

Align Technology Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Align Technology's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Align Technology or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Align Technology has very high historical volatility over the last 90 days
Align Technology has a strong financial position based on the latest SEC filings
Over 88.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.nasdaq.com: BIRD Stock The Analyst Upgrade Giving Lift to Allbirds Shares Today - Nasdaq

Align Technology Upcoming and Recent Events

Earnings reports are used by Align Technology to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Align Technology previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of February 2022
Next Earnings Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Align Largest EPS Surprises

Earnings surprises can significantly impact Align Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2008-07-29
2008-06-300.050.060.0120 
2008-01-29
2007-12-310.090.08-0.0111 
2005-07-20
2005-06-300.020.01-0.0150 
View All Earnings Estimates

Align Technology SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Align Technology prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Align Technology investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Align Technology specific information freely available to individual and institutional investors to make a timely investment decision.
29th of October 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
27th of October 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
2nd of September 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
30th of July 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
28th of July 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
24th of June 2021
Financial Statements and Exhibits. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year
View
20th of May 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
17th of May 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View

Align Technology Thematic Classifications

In addition to having Align Technology stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Trump Equities IdeaTrump Equities
Companies that have responded positively to Trump presidency
Obamacare Repeal IdeaObamacare Repeal
Large healthcare related equities associated with Obamacare

Align Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Align Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Align Technology backward and forwards among themselves. Align Technology's institutional investor refers to the entity that pools money to purchase Align Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Scout Investments IncCommon Shares23.3 K15.3 M
Spire Wealth ManagementCommon Shares16.8 K11.1 M
State Of Alaska Department Of RevenueCommon Shares16.1 K10.6 M
Dnb Asset Management AsCommon Shares12.8 K8.4 M
Louisiana State Employees Retirement SystemCommon Shares8.8 K5.8 M
Churchill Management CorpCommon Shares8.5 K5.6 M
Moody National Bank Trust DivisionCommon Shares4.5 KM
Note, although Align Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Align Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 41.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Align Technology's market, we take the total number of its shares issued and multiply it by Align Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Align Profitablity

Align Technology's profitability indicators refer to fundamental financial ratios that showcase Align Technology's ability to generate income relative to its revenue or operating costs. If, let's say, Align Technology is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Align Technology's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Align Technology's profitability requires more research than a typical breakdown of Align Technology's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 19.7 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 25.79 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.26.
Last ReportedProjected for 2022
Return on Investment 15.22  19.22 
Return on Average Assets 0.47  0.51 
Return on Average Equity 0.68  0.74 
Return on Invested Capital 0.16  0.16 
Return on Sales 0.18  0.21 

Management Efficiency

The entity has return on total asset (ROA) of 12.03 % which means that it generated profit of $12.03 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 22.6 %, meaning that it created $22.6 on every $100 dollars invested by stockholders. Align Technology 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. Return on Investment is expected to rise to 19.22 this year. Return on Average Assets is expected to rise to 0.51 this year. Align Technology Total Assets Per Share are quite stable at the moment as compared to the past year. The company's current value of Total Assets Per Share is estimated at 59.47. Net Current Assets as percentage of Total Assets is expected to rise to 12.81 this year, although the value of Current Assets will most likely fall to about 1.7 B.
Last ReportedProjected for 2022
Book Value per Share 47.22  50.95 
Enterprise Value over EBIT 126.50  136.48 
Enterprise Value over EBITDA 96.62  104.25 
Price to Book Value 14.98  13.26 
Tangible Assets Book Value per Share 62.13  67.03 
Enterprise Value47.8 B51.6 B
Tangible Asset Value4.9 B5.3 B

Technical Drivers

As of the 21st of January, Align Technology shows the Downside Deviation of 3.07, risk adjusted performance of 0.0848, and Mean Deviation of 2.31. Align Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Align Technology, which can be compared to its rivals. Please confirm Align Technology variance, as well as the relationship between the maximum drawdown and semi variance to decide if Align Technology is priced correctly, providing market reflects its regular price of 471.73 per share. Given that Align Technology has jensen alpha of 0.1015, we suggest you to validate Align Technology's prevailing market performance to make sure the company can sustain itself at a future point.

Align Technology Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as Align Technology price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average. View also all equity analysis or get more info about triple exponential moving average t3 overlap studies indicator.

Align Technology Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Align Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Align Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Align Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Align Technology Predictive Daily Indicators

Align Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Align Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Align Technology Forecast Models

Align Technology time-series forecasting models is one of many Align Technology's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Align Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Align Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Align Technology stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Align shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Align Technology. By using and applying Align Stock analysis, traders can create a robust methodology for identifying Align entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 14.10  16.29 
EBITDA Margin 0.23  0.25 
Gross Margin 0.64  0.65 
Profit Margin 0.83  0.89 
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 21590 people.

Current Align Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Align analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Align analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
695.8Buy10Odds
Align Technology current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Align analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Align stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Align Technology, talking to its executives and customers, or listening to Align conference calls.
Align Analyst Advice Details

Align Stock Analysis Indicators

Align Technology stock analysis indicators help investors evaluate how Align Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Align Technology shares will generate the highest return on investment. By understating and applying Align Technology stock analysis, traders can identify Align Technology position entry and exit signals to maximize returns.
Quick Ratio1.17
Fifty Two Week Low494.45
Revenue Growth38.40%
Shares Short Prior Month1.28M
Average Daily Volume Last 10 Day930.12k
Average Daily Volume In Three Month654.68k
Earnings Growth29.50%
Shares Percent Shares Out1.58%
Earnings Quarterly Growth29.80%
Gross Margins74.58%
Short Percent Of Float1.60%
Forward Price Earnings39.09
Float Shares73.88M
Fifty Two Week High737.45
Enterprise Value To Ebitda37.52
Fifty Day Average636.54
Two Hundred Day Average635.06
Enterprise Value To Revenue10.71
Please continue to Trending Equities. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.
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 Align Technology value 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.