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How to buy Align Technology (ALGN) stocks in Canada
Learn how to easily invest in Align Technology stocks.
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 $282.66 – an increase of 0.92% over the previous week. Align Technology employs 23,035 staff and has a trailing 12-month revenue of around $3.7 billion.
How to buy Align Technology stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – ALGN. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Align Technology?
- Has coronavirus impacted Align Technology shares?
- Align Technology shares summary
- Compare share dealing platforms
- Is Align Technology stock a buy or sell?
- Align Technology performance over time
- Are Align Technology shares over-valued?
- Align Technology's financials
- How volatile are Align Technology shares?
- Does Align Technology pay a dividend?
- Other common questions
Align Technology stock price (NASDAQ:ALGN)Use our graph to track the performance of ALGN stocks over time.
Align Technology shares at a glance
|Latest market close||$282.66|
|52-week range||$172.05 - $368.87|
|50-day moving average||$318.68|
|200-day moving average||$261.39|
|Wall St. target price||$359.30|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$4.18|
Buy Align Technology stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
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 $282.66 from 2023-05-31
|1 week (2023-05-25)||0.92%|
|1 month (2023-05-01)||-10.93%|
|3 months (2023-03-01)||-8.38%|
|6 months (2022-12-01)||40.09%|
|1 year (2022-05-31)||1.81%|
|2 years (2021-05-28)||N/A|
|3 years (2020-06-01)||12.82%|
|5 years (2018-06-01)||333.09|
Is Align Technology stock undervalued or overvalued?
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 67x. In other words, Align Technology shares trade at around 67x 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 10.7985. 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 $724.3 million.
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||$3.7 billion|
|Operating margin TTM||15.99%|
|Gross profit TTM||$2.6 billion|
|Return on assets TTM||6.25%|
|Return on equity TTM||8.82%|
|Market capitalisation||$21.5 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 $172.05 up to $368.87. A popular way to gauge a stock's volatility is its "beta".
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 1.5982. 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. 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.
Stocks similar to Align Technology
Align Technology in the news
Align Technology (ALGN) Rose 58% in Q1
Align Technology to Speak at Upcoming Financial Conferences
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Frequently asked questions
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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