At the time of writing, Align Technology, Inc [ALGN] stock is trading at $232.14, up 1.82%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALGN shares have gain 10.30% over the last week, with a monthly amount glided 9.14%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Align Technology, Inc [NASDAQ: ALGN] stock has seen the most recent analyst activity on January 06, 2025, when Leerink Partners upgraded its rating to a Outperform and also boosted its price target to $280 from $235. Previously, Mizuho started tracking the stock with Outperform rating on December 04, 2024, and set its price target to $295. On October 10, 2024, Needham initiated with a Hold rating. Leerink Partners started tracking the stock assigning a Market Perform rating and suggested a price target of $310 on February 26, 2024. Goldman downgraded its rating to a Sell but $197 remained the price target by the analyst firm on December 11, 2023. UBS downgraded its rating to Neutral for this stock on October 27, 2023, but kept the price target unchanged to $200. In a note dated February 02, 2023, Goldman upgraded an Neutral rating on this stock and boosted its target price from $165 to $307.
For the past year, the stock price of Align Technology, Inc fluctuated between $196.09 and $335.40. Currently, Wall Street analysts expect the stock to reach $252 within the next 12 months. Align Technology, Inc [NASDAQ: ALGN] shares were valued at $232.14 at the most recent close of the market. An investor can expect a potential return of 8.56% based on the average ALGN price forecast.
Analyzing the ALGN fundamentals
According to Align Technology, Inc [NASDAQ:ALGN], the company’s sales were 3.96B for trailing twelve months, which represents an 1.84% jump. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 226.06 points at the first support level, and at 219.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 237.73, and for the 2nd resistance point, it is at 243.31.
Ratios To Look Out For
It is important to note that Align Technology, Inc [NASDAQ:ALGN] has a current ratio of 1.26. In addition, the Quick Ratio stands at 1.14 and the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 4.38, the price to book ratio is 4.40 and price to earnings (TTM) ratio is 39.58.
Transactions by insiders
Recent insider trading involved Wright Emory, Director, that happened on Nov 25 ’24 when 2500.0 shares were purchased. Director, LARKIN C RAYMOND JR completed a deal on Aug 15 ’24 to buy 6500.0 shares. Meanwhile, Director LACOB JOSEPH sold 15000.0 shares on Feb 29 ’24.
