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How to buy Align Technology (ALGN) shares

Learn how to easily invest in Align Technology shares.

Align Technology is a medical devices business based in the US. Align Technology stocks (ALGN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $278.71 – a decrease of 0.67% over the previous week. Align Technology employs 23,625 staff and has a trailing 12-month revenue of around $4 billion.

How to buy stocks in Align Technology

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ALGN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Align Technology stock price (NASDAQ:ALGN)

Use our graph to track the performance of ALGN stocks over time.

Align Technology shares at a glance

Information last updated 2022-05-23.
Latest market close$278.71
52-week range$250.64 - $737.45
50-day moving average $370.15
200-day moving average $554.27
Wall St. target price$463.55
PE ratio 30.9625
Dividend yield $0 (0%)
Earnings per share (TTM) $8.88

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Is it a good time to buy Align Technology stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Align Technology price performance over time

Historical closes compared with the close of $278.71 from 2022-05-23

1 week (2022-05-18) 3.57%
1 month (2022-04-22) -22.70%
3 months (2022-02-21) N/A
6 months (2021-11-24) -57.33%
1 year (2021-05-25) -53.15%
2 years (2020-05-22) 14.35%
3 years (2019-05-24) 311.47
5 years (2017-05-24) 101.02%

Is Align Technology under- or over-valued?

Valuing Align Technology stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Align Technology's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Align Technology's P/E ratio

Align Technology's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Align Technology shares trade at around 31x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Align Technology's PEG ratio

Align Technology's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7917. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Align Technology's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Align Technology's EBITDA

Align Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion.

The EBITDA is a measure of a Align Technology's overall financial performance and is widely used to measure a its profitability.

Align Technology financials

Revenue TTM $4 billion
Operating margin TTM 23.54%
Gross profit TTM $2.9 billion
Return on assets TTM 10.77%
Return on equity TTM 20%
Profit margin 17.51%
Book value $46.53
Market capitalisation $21.7 billion

TTM: trailing 12 months

Align Technology share dividends

We're not expecting Align Technology to pay a dividend over the next 12 months.

Align Technology share price volatility

Over the last 12 months, Align Technology's shares have ranged in value from as little as $250.64 up to $737.45. A popular way to gauge a stock's volatility is its "beta".

ALGN.US volatility(beta: 1.76)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Align Technology's is 1.7616. This would suggest that Align Technology's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Align Technology overview

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. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment 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 non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers iTero scanner, 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 computer-aided design and computer-aided manufacturing services; ancillary products, such as disposable sleeves for the wand; iTero model and dies; third party scanners and digital scans; 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.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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