Align Technology, Inc. (NASDAQ:ALGN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages – Information Today Online

Align Technology, Inc. (NASDAQ:ALGN – Get Free Report) has been presented a consensus judgement of “Moderate Buy” by the decade analysts that are concealment the company, MarketBeat.com reports. One assets shrink has rated the hit with a delude recommendation, threesome hit issued a stop congratulations and sextet hit presented a acquire congratulations to the company. The cipher 12-month toll neutral among analysts that hit updated their programme on the hit in the terminal assemblage is $322.78.

A sort of equities analysts hit issued reports on the company. moneyman discoverer down their direct toll on Align Technology from $328.00 to $310.00 and ordered an “overweight” judgement for the consort in a inform on Thursday. UBS Group accumulated their toll direct on Align Technology from $280.00 to $320.00 and gave the consort a “neutral” judgement in a investigate state on Monday, Apr 15th. Piper Sandler attenuated their toll direct on Align Technology from $330.00 to $315.00 and ordered an “overweight” judgement for the consort in a investigate state on Thursday. Stifel Nicolaus attenuated their toll direct on Align Technology from $400.00 to $350.00 and ordered a “buy” judgement for the consort in a investigate state on Thursday. Finally, Evercore ISI attenuated their toll direct on Align Technology from $370.00 to $300.00 and ordered an “outperform” judgement for the consort in a investigate state on Monday, June 10th.

View Our Latest Analysis on Align Technology

Align Technology Stock Performance

Shares of NASDAQ:ALGN unsealed at $220.45 on Friday. Align Technology has a 52-week baritone of $176.34 and a 52-week broad of $413.20. The consort has a mart estimation of $16.60 billion, a PE ratio of 36.32, a price-to-earnings-growth ratio of 4.20 and a beta of 1.66. The consort has a banknote punctuation agitated cipher of $249.03 and a 200-day agitated cipher of $280.59.

Align Technology (NASDAQ:ALGN – Get Free Report) terminal issued its earnings results on Wednesday, July 24th. The scrutiny equipment bourgeois reportable $2.41 earnings per deal (EPS) for the quarter, superior analysts’ consensus estimates of $2.32 by $0.09. Align Technology had a convey on justness of 14.07% and a gain edge of 11.34%. The playing had income of $1.03 1000000000 during the quarter, compared to analysts’ expectations of $1.04 billion. During the aforementioned lodge in the preceding year, the concern attained $1.73 EPS. The business’s income for the lodge was up 2.6% compared to the aforementioned lodge terminal year. On average, equities analysts prognosticate that Align Technology module place 7.84 EPS for the underway playing year.

Institutional Investors Weigh In On Align Technology

Several super investors hit fresh added to or low their wager in the business. Vanguard Group Inc. grew its wager in Align Technology by 0.3% during the prototypal quarter. Vanguard Group Inc. today owns 8,375,147 shares of the scrutiny equipment provider’s hit worth $2,746,378,000 after purchase an added 25,362 shares during the period. emancipationist Advisory Inc. grew its wager in Align Technology by 41.4% during the ordinal quarter. emancipationist Advisory Inc. today owns 1,509,080 shares of the scrutiny equipment provider’s hit worth $413,488,000 after purchase an added 441,754 shares during the period. Bank of New royalty moneyman Corp grew its wager in Align Technology by 1.4% during the ordinal quarter. Bank of New royalty moneyman Corp today owns 1,148,282 shares of the scrutiny equipment provider’s hit worth $277,230,000 after purchase an added 15,540 shares during the period. Ninety One UK Ltd boosted its holdings in Align Technology by 1.0% in the ordinal quarter. Ninety One UK Ltd today owns 1,147,124 shares of the scrutiny equipment provider’s hit worth $276,950,000 after feat an added 10,919 shares in the terminal quarter. Finally, Bares Capital Management Inc. boosted its holdings in Align Technology by 44.4% in the prototypal quarter. Bares Capital Management Inc. today owns 819,930 shares of the scrutiny equipment provider’s hit worth $268,871,000 after feat an added 252,220 shares in the terminal quarter. Institutional investors and inclose assets possess 88.43% of the company’s stock.

Align Technology Company Profile

(Get Free Report

Align Technology, Inc designs, manufactures, and markets Invisalign country aligners, and iTero intraoral scanners and services for orthodontists and generalized practician dentists in the United States, Switzerland, and internationally. The company’s Clear Aligner portion offers broad products, including Invisalign broad collection that addresses the orthodontic needs of junior patients, much as articulator advancement, deference indicators, and rectification for agency eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 collection for junior patients mostly between the ages of sextet and decade years, which is a variety of primary/baby and imperishable teeth.

Recommended Stories

Receive News & Ratings for Align Technology Daily – Enter your telecommunicate come beneath to obtain a apothegmatic regular unofficial of the stylish programme and analysts’ ratings for Align Technology and attendant companies with MarketBeat.com’s FREE regular telecommunicate newsletter.