A new trading day began on Monday, with Align Technology, Inc (NASDAQ: ALGN) stock price up 6.48% from the previous day of trading, before settling in for the closing price of $225.89. ALGN’s price has ranged from $196.09 to $335.40 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 16.58% over the last five years. Meanwhile, its annual earnings per share averaged 8.26%. With a float of $69.71 million, this company’s outstanding shares have now reached $75.08 million.
The firm has a total of 21610 workers. Let’s measure their productivity. In terms of profitability, gross margin is 70.35%, operating margin of 17.17%, and the pretax margin is 16.19%.
Align Technology, Inc (ALGN) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Align Technology, Inc is 6.62%, while institutional ownership is 89.18%. The most recent insider transaction that took place on Nov 25 ’24, was worth 582,362. Before that another transaction happened on Aug 15 ’24, when Company’s Director bought 6,500 for $235.33, making the entire transaction worth $1,529,645. This insider now owns 28,247 shares in total.
Align Technology, Inc (ALGN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 8.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.37% during the next five years compared to 3.39% growth over the previous five years of trading.
Align Technology, Inc (NASDAQ: ALGN) Trading Performance Indicators
Here are Align Technology, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.49. Likewise, its price to free cash flow for the trailing twelve months is 47.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.87, a number that is poised to hit 2.46 in the next quarter and is forecasted to reach 10.25 in one year’s time.
Technical Analysis of Align Technology, Inc (ALGN)
Analysing the last 5-days average volume posted by the [Align Technology, Inc, ALGN], we can find that recorded value of 0.77 million was lower than the volume posted last year of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 82.09%. Additionally, its Average True Range was 8.58.
During the past 100 days, Align Technology, Inc’s (ALGN) raw stochastic average was set at 66.17%, which indicates a significant decrease from 97.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.67% in the past 14 days, which was higher than the 40.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $228.35, while its 200-day Moving Average is $259.19. Now, the first resistance to watch is $244.94. This is followed by the second major resistance level at $249.36. The third major resistance level sits at $257.57. If the price goes on to break the first support level at $232.31, it is likely to go to the next support level at $224.10. Now, if the price goes above the second support level, the third support stands at $219.68.
Align Technology, Inc (NASDAQ: ALGN) Key Stats
With a market capitalization of 17.77 billion, the company has a total of 74,653K Shares Outstanding. Currently, annual sales are 3,862 M while annual income is 445,050 K. The company’s previous quarter sales were 977,870 K while its latest quarter income was 115,960 K.
