On Friday, Align Technology, Inc (NASDAQ: ALGN) opened lower -3.09% from the last session, before settling in for the closing price of $164.29. Price fluctuations for ALGN have ranged from $158.13 to $331.64 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 12.81%. Company’s average yearly earnings per share was noted 7.35% at the time writing. With a float of $68.94 million, this company’s outstanding shares have now reached $73.85 million.
Let’s determine the extent of company efficiency that accounts for 20945 employees. In terms of profitability, gross margin is 70.27%, operating margin of 15.97%, and the pretax margin is 15.23%.
Align Technology, Inc (ALGN) Insider Activity
A key investor’s attitude towards the stock of the Medical Instruments & Supplies industry is another important factor to consider. The insider ownership of Align Technology, Inc is 6.33%, while institutional ownership is 90.71%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.10% during the next five years compared to 0.33% growth over the previous five years of trading.
Align Technology, Inc (NASDAQ: ALGN) Trading Performance Indicators
Check out the current performance indicators for Align Technology, Inc (ALGN). In the past quarter, the stock posted a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91. Likewise, its price to free cash flow for the trailing twelve months is 18.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.62, a number that is poised to hit 2.00 in the next quarter and is forecasted to reach 11.10 in one year’s time.
Technical Analysis of Align Technology, Inc (ALGN)
Looking closely at Align Technology, Inc (NASDAQ: ALGN), its last 5-days average volume was 0.83 million, which is a drop from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 22.00%. Additionally, its Average True Range was 6.40.
During the past 100 days, Align Technology, Inc’s (ALGN) raw stochastic average was set at 1.85%, which indicates a significant decrease from 10.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.88% in the past 14 days, which was lower than the 37.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $193.97, while its 200-day Moving Average is $221.18. However, in the short run, Align Technology, Inc’s stock first resistance to watch stands at $163.12. Second resistance stands at $167.02. The third major resistance level sits at $169.79. If the price goes on to break the first support level at $156.44, it is likely to go to the next support level at $153.66. Should the price break the second support level, the third support level stands at $149.76.
Align Technology, Inc (NASDAQ: ALGN) Key Stats
There are currently 73,598K shares outstanding in the company with a market cap of 11.66 billion. Presently, the company’s annual sales total 3,999 M according to its annual income of 421,360 K. Last quarter, the company’s sales amounted to 995,220 K and its income totaled 103,810 K.
