Stay informed on ALGN stock with the most important news summaries, insider trading, valuation highlights and analyst recommendations

ALGN stock news: A summarized overview for you, just the bottom line of the most recent news items!

Last Updated: February 29, 2024

Real-time price chart of ALGN stock

Stay up-to-date with the latest performance of Align Technology, (ALGN) through our real-time stock chart, providing live insights into its market movements

ALGN stock valuation - less noise, just the highlights

  • While ALGN has shown strong sales growth over the past 5 years at 16.58%, it is important for investors to assess the company's ability to sustain this growth in the long term as they consider its valuation.
  • The PEG ratio of 1.20 indicates that ALGN may be slightly overvalued relative to its expected earnings growth rate, but this metric should be considered alongside other factors when evaluating the stock.
  • Despite a relatively high P/E ratio of 52.02, ALGN's forward P/E of 28.22 suggests that future earnings growth is expected to drive the stock's valuation lower in the near term.

Stay informed with the latest ALGN stock analyst recommendations:

  • Despite fluctuating analyst ratings and price target changes, the most recent recommendation from Leerink Partners is to Market Perform ALGN stock with a price target of $310, suggesting a potential stable performance in the near future.
  • Analyst upgrades from UBS and Morgan Stanley indicate a positive outlook on Align Technology, with target price changes from $200 to $620 and $575 respectively, highlighting growth potential and investor confidence in the company.
  • The shift from Sell to Neutral by Goldman and Buy to Neutral by UBS in previous years may have caused confusion, but recent upgrades to Buy and Outperform ratings from various analysts suggest a renewed bullish sentiment towards ALGN stock, signaling a potential uptrend in the market.

Stay updated on ALGN stock insider trading with these key points:

  • Joseph M Hogan, the President and CEO, exercised options on Feb 20, acquiring 19,574 shares at no cost, indicating confidence in the company's future performance.
  • Emory Wright, EVP of Global Operations, sold 2,524 shares on Feb 7 at a price of $287.45, potentially signaling a short-term profit-taking opportunity for traders.
  • Kevin J Dallas, a Director, made a significant purchase of 7,000 shares on May 30 at a price of $285.26, suggesting a bullish outlook on ALGN stock.

ALGN technical analysis

Unlock insights to make smarter investment decisions with this real-time technical analysis tool. Dive in to see the latest buy and sell signals tailored for today's dynamic market. Get the market's inside scoop in a flash! Peek at our fun and user-friendly ratings to see what it is whispering about your ALGN stock, within various timeframes.

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