Currently, there are 73.06M common shares owned by the public and among those 67.89M shares have been available to trade.
The company’s stock has a 5-day price change of -9.29% and -10.44% over the past three months. ALGN shares are trading -18.09% year to date (YTD), with the 12-month market performance down to -35.31% lower. It has a 12-month low price of $141.74 and touched a high of $271.59 over the same period. ALGN has an average intraday trading volume of 1.26 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.09%, -0.33%, and -17.82% respectively.
Institutional ownership of Align Technology, Inc (NASDAQ: ALGN) shares accounts for 93.91% of the company’s 73.06M shares outstanding.
It has a market capitalization of $12.38B and a beta (3y monthly) value of 1.64. The stock’s trailing 12-month PE ratio is 31.08, while the earnings-per-share (ttm) stands at $5.50. The company has a PEG of 3.07 and a Quick Ratio of 1.08 with the debt-to-equity ratio at 0.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.80% over the week and 2.40% over the month.
Earnings per share for the fiscal year are expected to increase by 10.35%, and 9.49% over the next financial year. EPS should grow at an annualized rate of 10.13% over the next five years, compared to 0.33% over the past 5-year period.
Looking at the support for the ALGN, a number of firms have released research notes about the stock. HSBC Securities stated their Hold rating for the stock in a research note on April 25, 2025, with the firm’s price target at $170. Wells Fargo coverage for the Align Technology, Inc (ALGN) stock in a research note released on February 14, 2025 offered a Overweight rating with a price target of $255. Leerink Partners was of a view on January 06, 2025 that the stock is Outperform, while Mizuho gave the stock Outperform rating on December 04, 2024, issuing a price target of $295. Needham on their part issued Hold rating on October 10, 2024.
