The stock of Align Technology, Inc (ALGN) has seen a -3.98% decrease in the past week, with a -15.25% drop in the past month, and a -14.43% decrease in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 3.46% for ALGN. The simple moving average for the past 20 days is -7.91% for ALGN’s stock, with a -15.52% simple moving average for the past 200 days.
Is It Worth Investing in Align Technology, Inc (NASDAQ: ALGN) Right Now?
Align Technology, Inc (NASDAQ: ALGN) has a price-to-earnings ratio of 35.01x that is above its average ratio. Additionally, the 36-month beta value for ALGN is 1.67. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for ALGN is 69.94M and currently, short sellers hold a 3.23% ratio of that float. The average trading volume of ALGN on February 21, 2025 was 748.50K shares.
ALGN) stock’s latest price update
Align Technology, Inc (NASDAQ: ALGN) has experienced a decline in its stock price by -0.67 compared to its previous closing price of 198.06. However, the company has seen a fall of -3.98% in its stock price over the last five trading days. zacks.com reported 2025-02-13 that Align Technology commercially launches its Invisalign Palatal Expander System in Turkey after approval from TMMDA.
Analysts’ Opinion of ALGN
Many brokerage firms have already submitted their reports for ALGN stocks, with Wells Fargo repeating the rating for ALGN by listing it as a “Overweight.” The predicted price for ALGN in the upcoming period, according to Wells Fargo is $255 based on the research report published on February 14, 2025 of the current year 2025.
Leerink Partners, on the other hand, stated in their research note that they expect to see ALGN reach a price target of $280, previously predicting the price at $235. The rating they have provided for ALGN stocks is “Outperform” according to the report published on January 06th, 2025.
Mizuho gave a rating of “Outperform” to ALGN, setting the target price at $295 in the report published on December 04th of the previous year.
ALGN Trading at -9.55% from the 50-Day Moving Average
After a stumble in the market that brought ALGN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.34% of loss for the given period.
Volatility was left at 3.46%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares sank -16.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.22% lower at present.
During the last 5 trading sessions, ALGN fell by -3.86%, which changed the moving average for the period of 200-days by -31.57% in comparison to the 20-day moving average, which settled at $213.63. In addition, Align Technology, Inc saw -5.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALGN starting from Wright Emory, who proposed sale 2,500 shares at the price of $232.94 back on Nov 25 ’24. After this action, Wright Emory now owns shares of Align Technology, Inc, valued at $582,362 using the latest closing price.
LARKIN C RAYMOND JR, the Director of Align Technology, Inc, purchase 6,500 shares at $235.33 during a trade that took place back on Aug 15 ’24, which means that LARKIN C RAYMOND JR is holding 28,247 shares at $1,529,645 based on the most recent closing price.
Stock Fundamentals for ALGN
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.7 for the gross margin
The net margin for Align Technology, Inc stands at 0.11. The total capital return value is set at 0.15. Equity return is now at value 11.26, with 6.85 for asset returns.
Based on Align Technology, Inc (ALGN), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 5.66. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 150.26.
Currently, EBITDA for the company is 607.63 million with net debt to EBITDA at -1.28. When we switch over and look at the enterprise to sales, we see a ratio of 3.39. The receivables turnover for the company is 4.02for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
In conclusion, Align Technology, Inc (ALGN) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
