On Tuesday, Align Technology, Inc (NASDAQ: ALGN) was 2.86% up from the session before settling in for the closing price of $207.57. A 52-week range for ALGN has been $196.09 – $335.40.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 16.58%. When this article was written, the company’s average yearly earnings per share was at 8.53%. With a float of $69.80 million, this company’s outstanding shares have now reached $74.76 million.
Considering the fact that the conglomerate employs 21610 people, you should pay attention to its efficiency factor. 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Align Technology, Inc stocks. The insider ownership of Align Technology, Inc is 6.50%, while institutional ownership is 89.24%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 8.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.17% 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
You can see what Align Technology, Inc (ALGN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.02. Likewise, its price to free cash flow for the trailing twelve months is 42.73.
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 10.27 in one year’s time.
Technical Analysis of Align Technology, Inc (ALGN)
Compared to the last year’s volume of 0.78 million, its volume of 0.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.83%. Additionally, its Average True Range was 7.75.
During the past 100 days, Align Technology, Inc’s (ALGN) raw stochastic average was set at 26.07%, which indicates a significant increase from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.39% in the past 14 days, which was higher than the 38.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $222.35, while its 200-day Moving Average is $251.28. Nevertheless, the first resistance level for the watch stands at $215.57 in the near term. At $217.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $221.71. If the price goes on to break the first support level at $209.43, it is likely to go to the next support level at $205.36. Should the price break the second support level, the third support level stands at $203.29.
Align Technology, Inc (NASDAQ: ALGN) Key Stats
There are 74,653K outstanding shares of the company, which has a market capitalization of 15.94 billion. As of now, sales total 3,862 M while income totals 445,050 K. Its latest quarter income was 977,870 K while its last quarter net income were 115,960 K.
