Align Technology, Inc (NASDAQ: ALGN) on Friday, plunged -1.05% from the previous trading day, before settling in for the closing price of $172.61. Within the past 52 weeks, ALGN’s price has moved between $141.74 and $271.59.
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Healthcare Sector giant saw their annual sales surged by 12.81% over the last five years. The company achieved an average annual earnings per share of 10.35%. With a float of $67.89 million, this company’s outstanding shares have now reached $73.06 million.
The firm has a total of 20945 workers. Let’s measure their productivity. In terms of profitability, gross margin is 69.87%, operating margin of 14.69%, and the pretax margin is 14.85%.
Align Technology, Inc (ALGN) Insider Activity
Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Align Technology, Inc is 6.34%, while institutional ownership is 93.91%. 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 10.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.13% 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
Align Technology, Inc (ALGN) is currently performing well based on its current performance indicators. A quick ratio of 1.08 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.11. Likewise, its price to free cash flow for the trailing twelve months is 19.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.50, a number that is poised to hit 2.57 in the next quarter and is forecasted to reach 11.27 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 0.64 million was lower than the volume posted last year of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 8.22%. Additionally, its Average True Range was 6.93.
During the past 100 days, Align Technology, Inc’s (ALGN) raw stochastic average was set at 30.43%, which indicates a significant increase from 9.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.51% in the past 14 days, which was lower than the 42.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $171.37, while its 200-day Moving Average is $207.83. Now, the first resistance to watch is $172.20. This is followed by the second major resistance level at $173.60. The third major resistance level sits at $175.70. If the price goes on to break the first support level at $168.70, it is likely to go to the next support level at $166.60. Should the price break the second support level, the third support level stands at $165.20.
Align Technology, Inc (NASDAQ: ALGN) Key Stats
Market capitalization of the company is 12.38 billion based on 72,485K outstanding shares. Right now, sales total 3,999 M and income totals 421,360 K. The company made 979,260 K in profit during its latest quarter, and 93,230 K in sales during its previous quarter.
