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ALGN

HEALTHCARE

Align Technology Inc

AI Stock Analysis· Neutral
Jun 22 · 7:48 PM ET

Align Technology Inc (ALGN) is currently trading at $173.76, reflecting a decline of 4.57% today. The stock is showing a relatively stable technical setup with an RSI of 51.1, indicating no immediate overbought or oversold conditions. The short-term SMA20 is at $171.58, slightly below the current price, suggesting potential support. Meanwhile, the SMA50 and SMA200 are at $173.84 and $160.38, respectively, indicating that the stock is in a bullish trend over the longer term. The MACD at 2.07, with a signal of 1.11 and a histogram of 0.95, points to positive momentum, although the recent price drop may require caution among investors.

From a fundamental perspective, Align Technology’s metrics reveal a robust growth trajectory. The company has a market capitalization of $13.04 billion and a P/E ratio of 30.6, which is relatively high but can be justified by its impressive EPS growth of 23.9% quarter-over-quarter and a staggering revenue growth of 89.9% year-over-year. The gross margin stands at an extraordinary 6832.5%, while the operating margin is at 1527.2%, indicating exceptional profitability. Analysts are optimistic, with a consensus rating of BUY, comprising three strong buys, eight buys, and four holds, and an average target price of $209.07, which suggests a potential upside of about 20% from the current price.

Looking ahead, Align Technology does not have earnings scheduled within the next 30 days, which limits immediate catalysts for price movement. However, the recent board leadership transition, with Kevin Conroy named as the new chairman, could have implications for the company's long-term governance and strategic direction. Investors should monitor how this leadership change impacts operational strategies and whether it leads to further margin expansion or revenue acceleration. With the stock exhibiting solid fundamentals but facing recent volatility, attention should be paid to the upcoming investor sentiment and market responses to the leadership transition.

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52-Week Range

$122.00$208.31

$170.66

Fundamentals

Market Cap$12.4B
P/E Ratio29.3
EPS$5.94
Dividend Yield
Dividend / Share
ROE10.8%
Profit Margin10.5%
Debt / Equity

Trading

Volume510K
Avg Volume (10D)
Shares Outstanding71.6M

ALGN News

84 articles

Price Data

Open$172.67
Previous Close$173.76
Day High$174.67
Day Low$170.42
52 Week High$208.31
52 Week Low$122.00

About Align Technology Inc

Align Technology is a manufacturer of 3D digital scanners and the Invisalign clear aligners used in orthodontics. It is headquartered in San Jose, California.

20.3K employees
Listed January 26, 2001
HEALTHCAREMEDICAL INSTRUMENTS & SUPPLIES

Company Details

Security TypeCommon Stock
ExchangeNASDAQ
CurrencyUSD
Round Lot
SICMEDICAL INSTRUMENTS & SUPPLIES
CIK
Composite FIGI
Share Class FIGI