Align Technology Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $312.08
- Today's High:
- $327
- Open Price:
- $327
- 52W Low:
- $172.05
- 52W High:
- $461.79
- Prev. Close:
- $327.64
- Volume:
- 986304
Company Statistics
- Market Cap.:
- $25.73 billion
- Book Value:
- 46.609
- Revenue TTM:
- $3.73 billion
- Operating Margin TTM:
- 17.59%
- Gross Profit TTM:
- $2.64 billion
- Profit Margin:
- 9.68%
- Return on Assets TTM:
- 6.91%
- Return on Equity TTM:
- 10.01%
Company Profile
Align Technology Inc had its IPO on 2001-01-26 under the ticker symbol ALGN.
The company operates in the Healthcare sector and Medical Devices industry. Align Technology Inc has a staff strength of 23,165 employees.
Stock update
Shares of Align Technology Inc opened at $327 at the start of the last trading session i.e. 2023-03-22.
The stocks traded within a range of $312.08 - $327, and closed at $312.31.
This is a -4.68% slip from the previous day's closing price.
A total volume of 986,304 shares were traded at the close of the day’s session.
In the last one week, shares of Align Technology Inc have slipped by -2.63%.
Align Technology Inc's Key Ratios
Align Technology Inc has a market cap of $25.73 billion, indicating a price to book ratio of 4.1399 and a price to sales ratio of 4.0827.
In the last 12-months Align Technology Inc’s revenue was $3.73 billion with a gross profit of $2.64 billion and an EBITDA of $782.69 million. The EBITDA ratio measures Align Technology Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Align Technology Inc’s operating margin was 17.59% while its return on assets stood at 6.91% with a return of equity of 10.01%.
In Q4, Align Technology Inc’s quarterly earnings growth was a negative -77.9% while revenue growth was a negative 12.6%.
Align Technology Inc’s PE and PEG Ratio
- Forward PE
- 25.0627
- Trailing PE
- 67.4297
- PEG
- 10.7985
Its diluted EPS in the last 12-months stands at $4.98 per share while it has a forward price to earnings multiple of 25.0627 and a PEG multiple of 10.7985. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Align Technology Inc’s profitability.
Align Technology Inc stock is trading at a EV to sales ratio of 3.7072 and a EV to EBITDA ratio of 16.4185. Its price to sales ratio in the trailing 12-months stood at 4.0827.
Align Technology Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $5.95 billion
- Total Liabilities
- $1.93 billion
- Operating Cash Flow
- $0
- Capital Expenditure
- $53.20 million
- Dividend Payout Ratio
- 0%
Align Technology Inc ended 2023 with $5.95 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.95 billion while shareholder equity stood at $3.60 billion.
Align Technology Inc ended 2023 with $0 in deferred long-term liabilities, $1.93 billion in other current liabilities, in common stock, $3.35 billion in retained earnings and $407.55 million in goodwill. Its cash balance stood at $942.05 million and cash and short-term investments were $999.58 million. The company’s total short-term debt was $0 while long-term debt stood at $0.
Align Technology Inc’s total current assets stands at $2.42 billion while long-term investments were $41.98 million and short-term investments were $57.53 million. Its net receivables were $859.69 million compared to accounts payable of $127.87 million and inventory worth $338.75 million.
In 2023, Align Technology Inc's operating cash flow was $0 while its capital expenditure stood at $53.20 million.
Comparatively, Align Technology Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- $312.31
- 52-Week High
- $461.79
- 52-Week Low
- $172.05
- Analyst Target Price
- $336.22
Align Technology Inc stock is currently trading at $312.31 per share. It touched a 52-week high of $461.79 and a 52-week low of $461.79. Analysts tracking the stock have a 12-month average target price of $336.22.
Its 50-day moving average was $300.1 and 200-day moving average was $248.34 The short ratio stood at 2.15 indicating a short percent outstanding of 0%.
Around 649.3% of the company’s stock are held by insiders while 9095.3% are held by institutions.
Frequently Asked Questions About Align Technology Inc
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About
Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, China, and internationally. It operates in two segments, Clear Aligner; and Imaging Systems and CAD/CAM Services (Systems and Services). The Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment’s non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; and non-case products that include retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment. The Systems and Services segment offers iTero intraoral scanning system, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient’s historic 3D scans to the present-day scan, as well as subscription software, disposables, rentals, leases, and pay per scan services Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.