Align Technology, Inc. , a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry.
Align Technology stock last closed at $216.61, down 0.12% from the previous day, and has increased 15.63% in one year. It has overperformed other stocks in the Medical Devices industry by 0.33 percentage points. Align Technology stock is currently +22.84% from its 52-week low of $176.34, and -47.58% from its 52-week high of $413.20.
There are currently 76.59M ALGN shares outstanding. The market capitalization of ALGN is $16.59B. In the past 24 hours, 727,805 ALGN shares were traded.
How to Buy Align Technology Stock
Not sure how to invest in Align Technology stock? Here's how.
Choose where to buy Align Technology stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Align Technology stock.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit money your investment account: Choose your payment method and add your info.
Evaluate Align Technology stock: The Align Technology ticker symbol is ALGN. Is Align Technology stock a good investment? Should you buy shares of ALGN? How do ALGN's underlying business fundamentals look? Do top analysts think Align Technology is a good buy? Why has ALGN's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if ALGN is a good stock to buy).
Make your ALGN purchase: Decide if you will purchase ALGN shares at the current market price or use a limit order to buy ALGN shares at a specific price.
Keep an eye on your ALGN investment: Create a watchlist to important notifications about your investment in Align Technology shares.
Step 1: Choose where to buy Align Technology stock
You need an online brokerage account in order to access the NASDAQ market and buy ALGN stock.
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Step 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you are able to invest in ALGN stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Align Technology stock
After you have decided on the best place to buy Align Technology stock, it's critical to analyze their stock prior to investing, so you truly comprehend the risk and opportunity.
Align Technology Numbers
ALGN Price
$216.61
1w %
1.31%
1y %
15.63%
5y %
3.01%
P/E
45.79x
P/B
4.36x
P/S
4.36x
PEG
0.89x
Revenue
$3.81B
Earnings
$362.81M
Fore. Rev. Growth
6%
Fore. Earn. Growth
51.37%
Market Cap
$16.59B
Next Earnings
Jan 30, 2024
Next Dividend
N/A
Align Technology Zen Score
WallStreetZen was created to help everyday investors do better fundamental analysis in minutes instead of hours.
ALGN earnings of $583.65M is not enough to cover its interest payments.
ALGN's operating cash flow of $883.59M allows it to safely service it's debt of $98.52M.
There are more short-term assets than short-term liabilities on the ALGN balance sheet.
There are more short-term assets than long-term liabilities on the ALGN balance sheet.
Cons:
Total ALGN debt is higher than 5 years ago, relative to shareholder equity.
ALGN has a relatively high debt to equity ratio of 0.66.
ALGN profit margin has gone down from 13.2% to 9.5% in the past year.
Is ALGN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Wall Street analysts who give recommendations on ALGN, the consensus analyst rating on Align Technology is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent ALGN Analyst Recommendations
Nathan Race, a top 14% analyst from Goldman Sachs maintains ALGN with a hold rating and raises their ALGN price target from $343.00 to $393.00, on Jul 27, 2023.
Last year, ALGN earnings were $362.81M. During the past five year, ALGN's earnings have grown by 3.88% per year. This was slower than the Medical Devices industry average of 21.12%.
Last year, ALGN revenue was $3.81B. During the last five year, ALGN's revenue has grown by 15.48% per year. This was faster than the Medical Devices industry average of 12.72%.
No, Align Technology doesn't provide an income stream by paying out dividends.
What do other traders have to say about ALGN?
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Step 5: Make your ALGN purchase
You have two main options:
Market order: A market order is an order to buy or sell a security at the best price on the market. Market orders are mostly the best for newer investors.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and eToro will place the order.
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How much does it cost to buy one Align Technology share?
As of Dec 7, 2023, it costs $216.61 to buy one share of Align Technology stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.462 shares of ALGN.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.