ALGN RSI Chart
Last 7 days
-2.1%
Last 30 days
-15.0%
Last 90 days
-5.3%
Trailing 12 Months
-8.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.9B | 0 | 0 | 0 |
2023 | 3.7B | 3.7B | 3.8B | 3.9B |
2022 | 4.0B | 4.0B | 3.9B | 3.7B |
2021 | 2.8B | 3.5B | 3.8B | 4.0B |
2020 | 2.4B | 2.2B | 2.3B | 2.5B |
2019 | 2.1B | 2.2B | 2.3B | 2.4B |
2018 | 1.6B | 1.7B | 1.9B | 2.0B |
2017 | 1.2B | 1.2B | 1.3B | 1.5B |
2016 | 886.1M | 946.0M | 1.0B | 1.1B |
2015 | 779.1M | 796.0M | 813.8M | 845.5M |
2014 | 687.3M | 716.0M | 741.3M | 761.7M |
2013 | 578.5M | 596.7M | 624.8M | 660.2M |
2012 | 510.0M | 535.5M | 546.1M | 560.0M |
2011 | 401.9M | 413.8M | 443.7M | 479.7M |
2010 | 332.3M | 364.2M | 380.8M | 387.1M |
2009 | 0 | 306.8M | 309.5M | 312.3M |
2008 | 0 | 0 | 0 | 304.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 29, 2024 | lacob joseph | sold | -4,548,310 | 303 | -15,000 | - |
Feb 27, 2024 | lacob joseph | sold | -3,130,080 | 313 | -10,000 | - |
Feb 20, 2024 | hogan joseph m | acquired | - | - | 19,574 | president and ceo |
Feb 20, 2024 | hogan joseph m | sold (taxes) | -2,719,560 | 313 | -8,674 | president and ceo |
Feb 20, 2024 | wright emory | acquired | - | - | 3,533 | evp, global operations |
Feb 20, 2024 | wright emory | sold (taxes) | -550,245 | 313 | -1,755 | evp, global operations |
Feb 20, 2024 | morici john | acquired | - | - | 4,450 | evp & chief financial officer |
Feb 20, 2024 | coletti julie ann | acquired | - | - | 3,069 | evp, chief legal & regulatory |
Feb 20, 2024 | coletti julie ann | sold (taxes) | -397,870 | 313 | -1,269 | evp, chief legal & regulatory |
Feb 20, 2024 | hockridge stuart a | sold (taxes) | -357,111 | 313 | -1,139 | evp global hr |
Which funds bought or sold ALGN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 08, 2024 | PATTON FUND MANAGEMENT, INC. | new | - | 214,788 | 214,788 | 0.04% |
May 08, 2024 | Russell Investments Group, Ltd. | added | 68.01 | 13,376,800 | 26,643,600 | 0.04% |
May 08, 2024 | US BANCORP \DE\ | reduced | -5.43 | 3,592,340 | 30,843,800 | 0.04% |
May 08, 2024 | Crestwood Advisors Group, LLC | added | 7.15 | 70,328 | 319,394 | 0.01% |
May 08, 2024 | Bleakley Financial Group, LLC | added | 2.7 | 55,805 | 299,391 | 0.01% |
May 08, 2024 | Sandy Spring Bank | unchanged | - | 7,926 | 48,204 | -% |
May 08, 2024 | TD Asset Management Inc | added | 2.34 | 1,507,480 | 8,214,720 | 0.01% |
May 08, 2024 | ProShare Advisors LLC | reduced | -22.82 | -260,542 | 3,152,950 | 0.01% |
May 08, 2024 | PROFUND ADVISORS LLC | reduced | -1.57 | 55,890 | 369,894 | 0.01% |
May 08, 2024 | EDMOND DE ROTHSCHILD HOLDING S.A. | reduced | -9.17 | 861,888 | 10,764,000 | 0.18% |
Unveiling Align Technology Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Align Technology Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ABT | 182.1B | 40.3B | 32.37 | 4.52 | ||||
BDX | 67.9B | 19.7B | 50.95 | 3.44 | ||||
ALGN | 21.1B | 3.9B | 45.69 | 5.39 | ||||
BAX | 18.3B | 14.9B | 6.92 | 1.23 | ||||
MID-CAP | ||||||||
ATR | 9.9B | 3.5B | 31.58 | 2.79 | ||||
HSIC | 9.4B | 12.5B | 24.22 | 0.75 | ||||
BIO | 7.9B | 2.6B | -24.54 | 3.04 | ||||
XRAY | 5.9B | 3.9B | -62.67 | 1.49 | ||||
AXNX | 3.4B | 387.1M | -215.82 | 8.88 | ||||
PDCO | 2.4B | 6.6B | 12.18 | 0.36 | ||||
SMALL-CAP | ||||||||
AHCO | 1.2B | 3.2B | -1.76 | 0.38 | ||||
ANIK | 374.6M | 169.3M | -4.88 | 2.21 | ||||
ANGO | 245.1M | 324.0M | -1.27 | 0.76 | ||||
APYX | 57.5M | 50.5M | -2.52 | 1.14 | ||||
AEMD | 3.1M | 3.7M | -0.25 | 0.82 |
Align Technology Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 4.3% | 997 | 957 | 960 | 1,002 | 943 | 902 | 890 | 970 | 973 | 1,031 | 1,016 | 1,011 | 895 | 835 | 734 | 352 | 551 | 650 | 607 | 601 | 549 |
Cost Of Revenue | 4.3% | 300 | 287 | 297 | 289 | 282 | 284 | 271 | 282 | 264 | 287 | 261 | 252 | 218 | 224 | 200 | 128 | 157 | 178 | 170 | 168 | 147 |
Gross Profit | 4.2% | 698 | 670 | 663 | 714 | 661 | 618 | 619 | 688 | 709 | 745 | 755 | 759 | 677 | 610 | 534 | 224 | 394 | 472 | 438 | 432 | 402 |
Operating Expenses | 9.2% | 544 | 498 | 497 | 542 | 527 | 505 | 476 | 499 | 511 | 524 | 494 | 490 | 452 | 397 | 357 | 297 | 324 | 321 | 310 | 256 | 314 |
S&GA Expenses | 12.3% | 452 | 403 | 408 | 453 | 440 | 410 | 399 | 426 | 439 | 451 | 428 | 432 | 397 | 348 | 312 | 257 | 283 | 279 | 278 | 268 | 247 |
R&D Expenses | 11.8% | 92.00 | 82.00 | 89.00 | 88.00 | 87.00 | 84.00 | 77.00 | 73.00 | 72.00 | 72.00 | 66.00 | 58.00 | 55.00 | 49.00 | 45.00 | 40.00 | 42.00 | 41.00 | 40.00 | 39.00 | 38.00 |
EBITDA Margin | 1.2% | 0.21* | 0.20* | 0.19* | 0.18* | 0.18* | 0.19* | 0.21* | 0.24* | 0.26* | 0.28* | 0.30* | 0.30* | - | - | - | - | - | - | - | - | - |
Income Taxes | 9.3% | 53.00 | 49.00 | 41.00 | 60.00 | 47.00 | 74.00 | 50.00 | 61.00 | 53.00 | 29.00 | 81.00 | 69.00 | 61.00 | 56.00 | 45.00 | -32.90 | -1,464 | 35.00 | 26.00 | 43.00 | 9.00 |
Earnings Before Taxes | -8.4% | 158 | 173 | 162 | 172 | 135 | 115 | 123 | 174 | 187 | 220 | 262 | 269 | 262 | 215 | 185 | -73.49 | 53.00 | 156 | 128 | 194 | 85.00 |
EBT Margin | 2.3% | 0.17* | 0.17* | 0.15* | 0.15* | 0.15* | 0.16* | 0.18* | 0.21* | 0.23* | 0.26* | 0.27* | 0.27* | - | - | - | - | - | - | - | - | - |
Net Income | -15.3% | 105 | 124 | 121 | 112 | 88.00 | 42.00 | 73.00 | 113 | 134 | 191 | 181 | 200 | 200 | 159 | 139 | -40.60 | 1,518 | 121 | 103 | 147 | 72.00 |
Net Income Margin | 2.4% | 0.12* | 0.12* | 0.10* | 0.08* | 0.09* | 0.10* | 0.13* | 0.16* | 0.18* | 0.20* | 0.20* | 0.20* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 43.1% | 19.00 | 13.00 | 266 | 193 | 136 | 92.00 | 191 | 51.00 | -56.83 | 164 | 231 | 193 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.2% | 6,156 | 6,084 | 6,319 | 6,145 | 5,901 | 5,948 | 5,913 | 5,810 | 5,943 | 5,942 | 5,650 | 5,396 | 5,070 | 4,830 | 4,415 | 4,026 | 3,965 | 2,501 | 2,350 | 2,346 | 2,234 |
Current Assets | 1.3% | 2,479 | 2,447 | 2,702 | 2,465 | 2,332 | 2,424 | 2,501 | 2,377 | 2,481 | 2,494 | 2,455 | 2,232 | 2,116 | 1,850 | 1,473 | 1,149 | 1,577 | 1,633 | 1,506 | 1,457 | 1,439 |
Cash Equivalents | -7.5% | 867 | 937 | 1,239 | 952 | 832 | 942 | 1,045 | 878 | 927 | 1,100 | 1,238 | 1,087 | 1,132 | 961 | 616 | 405 | 791 | 551 | 491 | 424 | 589 |
Inventory | -5.7% | 280 | 297 | 296 | 313 | 312 | 339 | 321 | 310 | 276 | 230 | 207 | 179 | 151 | 139 | 123 | 131 | 121 | 112 | 95.00 | 81.00 | 68.00 |
Net PPE | -0.7% | 1,282 | 1,291 | 1,268 | 1,279 | 1,263 | 1,232 | 1,200 | 1,182 | 1,141 | 1,082 | 1,003 | 961 | 764 | 735 | 704 | 669 | 663 | 632 | 607 | 600 | 575 |
Goodwill | 9.2% | 458 | 420 | 404 | 415 | 414 | 408 | 378 | 390 | 412 | 419 | 427 | 432 | 428 | 445 | - | - | 340 | 64.00 | - | - | - |
Liabilities | -2.3% | 2,396 | 2,453 | 2,517 | 2,506 | 2,421 | 2,347 | 2,218 | 2,211 | 2,277 | 2,319 | 2,133 | 2,011 | 1,676 | 1,596 | 1,382 | 1,181 | 1,112 | 1,155 | 1,045 | 972 | 979 |
Current Liabilities | -2.1% | 2,023 | 2,067 | 2,123 | 2,107 | 2,005 | 1,926 | 1,809 | 1,804 | 1,864 | 1,924 | 1,790 | 1,697 | 1,394 | 1,326 | 1,122 | 942 | 911 | 971 | 870 | 789 | 805 |
Shareholder's Equity | 3.6% | 3,760 | 3,630 | 3,802 | 3,638 | 3,480 | 3,601 | 3,695 | 3,599 | 3,667 | 3,623 | 3,517 | 3,384 | 3,394 | 3,234 | 3,033 | 2,845 | 2,853 | 1,346 | 1,306 | 1,374 | 1,256 |
Retained Earnings | 2.3% | 2,503 | 2,447 | 2,607 | 2,485 | 2,374 | 2,567 | 2,675 | 2,602 | 2,680 | 2,619 | 2,527 | 2,459 | 2,416 | 2,216 | 2,057 | 1,917 | 1,958 | 440 | 415 | 501 | 402 |
Additional Paid-In Capital | 6.6% | 1,239 | 1,162 | 1,193 | 1,142 | 1,105 | 1,045 | 1,061 | 1,017 | 992 | 999 | 972 | 896 | 948 | 975 | 952 | 918 | 895 | 907 | 892 | 874 | 856 |
Shares Outstanding | 0.3% | 75.00 | 75.00 | 77.00 | 77.00 | 77.00 | 77.00 | 78.00 | 79.00 | 79.00 | 79.00 | 79.00 | 79.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 13,700 | - | - | - | 13,300 | - | - | - | 34,700 | - | - | - | 14,500 | - | - | - | 15,900 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -38.9% | 29.00 | 47.00 | 287 | 252 | 200 | 145 | 266 | 127 | 30.00 | 273 | 355 | 318 | 227 | 381 | 211 | 60.00 | 10.00 | 218 | 235 | 177 | 117 |
Share Based Compensation | -0.1% | 39.00 | 39.00 | 40.00 | 38.00 | 38.00 | 35.00 | 33.00 | 34.00 | 32.00 | 30.00 | 28.00 | 29.00 | 27.00 | 25.00 | 25.00 | 25.00 | 23.00 | 20.00 | 24.00 | 22.00 | 21.00 |
Cashflow From Investing | -497.3% | -79.58 | -13.32 | -4.30 | -125 | -52.83 | -55.81 | -85.43 | 18.00 | -90.20 | -307 | -131 | -128 | 5.00 | -44.67 | -14.51 | -448 | 276 | -60.11 | 31.00 | -246 | -74.42 |
Cashflow From Financing | 96.7% | -11.72 | -350 | 12.00 | -0.93 | -258 | -200 | 11.00 | -200 | -111 | -101 | -65.00 | -238 | -53.43 | -2.45 | 8.00 | -1.64 | -34.73 | -102 | -194 | -95.62 | -92.76 |
Buy Backs | -100.0% | - | 300 | - | - | 292 | 160 | - | 200 | 75.00 | 100 | 115 | 160 | - | - | - | - | - | 100 | 200 | 50.00 | 50.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Net revenues | $ 997,431 | $ 943,147 |
Cost of net revenues | 299,615 | 282,493 |
Gross profit | 697,816 | 660,654 |
Operating expenses: | ||
Selling, general and administrative | 451,822 | 439,691 |
Research and development | 91,859 | 87,447 |
Total operating expenses | 543,681 | 527,138 |
Income from operations | 154,135 | 133,516 |
Interest income | 4,392 | 2,337 |
Other income (expense), net | (141) | (1,229) |
Total interest income and other income (expense), net | 4,251 | 1,108 |
Net income before provision for income taxes | 158,386 | 134,624 |
Provision for income taxes | 53,358 | 46,826 |
Net income | $ 105,028 | $ 87,798 |
Net income per share: | ||
Basic (in usd per share) | $ 1.40 | $ 1.14 |
Diluted (in usd per share) | $ 1.39 | $ 1.14 |
Shares used in computing net income per share: | ||
Basic (in shares) | 75,175 | 76,921 |
Diluted (in shares) | 75,322 | 77,111 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 865,805 | $ 937,438 |
Marketable securities, short-term | 33,101 | 35,304 |
Accounts receivable, net of allowance for doubtful accounts of $16,026 and $14,893, respectively | 950,738 | 903,424 |
Inventories | 280,076 | 296,902 |
Prepaid expenses and other current assets | 349,594 | 273,550 |
Total current assets | 2,479,314 | 2,446,618 |
Marketable securities, long-term | 3,619 | 8,022 |
Property, plant and equipment, net | 1,281,709 | 1,290,863 |
Operating lease right-of-use assets, net | 118,996 | 117,999 |
Goodwill | 458,235 | 419,530 |
Intangible assets, net | 121,424 | 82,118 |
Deferred tax assets | 1,570,626 | 1,590,045 |
Other assets | 121,831 | 128,682 |
Total assets | 6,155,754 | 6,083,877 |
Current liabilities: | ||
Accounts payable | 117,238 | 113,125 |
Accrued liabilities | 496,601 | 525,780 |
Deferred revenues | 1,409,202 | 1,427,706 |
Total current liabilities | 2,023,041 | 2,066,611 |
Income tax payable | 121,314 | 116,744 |
Operating lease liabilities | 95,092 | 96,968 |
Other long-term liabilities | 156,447 | 173,065 |
Total liabilities | 2,395,894 | 2,453,388 |
Commitments and contingencies (Note 7 and Note 8) | ||
Stockholders’ equity: | ||
Preferred stock, $0.0001 par value (5,000 shares authorized; none issued) | 0 | 0 |
Common stock, $0.0001 par value (200,000 shares authorized; 75,281 and 75,075 issued and outstanding, respectively) | 7 | 7 |
Additional paid-in capital | 1,238,739 | 1,162,140 |
Accumulated other comprehensive income (loss), net | 18,439 | 21,168 |
Retained earnings | 2,502,675 | 2,447,174 |
Total stockholders’ equity | 3,759,860 | 3,630,489 |
Total liabilities and stockholders’ equity | $ 6,155,754 | $ 6,083,877 |