It has been about a month since the last earnings report for Align Technology (ALGN) . Shares have lost about 18.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Align Technology due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Align Technology Tops Q1 Earnings, ...

Align Technology (ALGN) has been beaten down lately with too much selling pressure. While the stock has lost 9.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator t ...

Align Technology’s (ALGN) robust product line, balanced growth across all channels and consistent focus on international markets to drive growth bolster our confidence in the stock. The stock carries a Zacks Rank #2 (Buy) currently.Align Technology is strategically capturing the growing malocclusion market, one of the most prevalent clinical dental conditions in the world. According to Align Technology’s 2023 data, malocclusion currently affects approximately 60% to 75% of the global population. The company ...

Is Align Technology Stock A Buy? scyther5 / Getty Images Align Technology (NASDAQ: ALGN), most notably the makers of Invisalign aligners specializes in orthodontic devices and restorative treatment has been through a whirlwind the past 2 years, with its stock price dropping 60% since its high in September 2021.2024 has also seen its challenges, after the stock increased 20% its has worked its way back down to about even for the year. For long term investors, does today’s price create a nice entry into Ali ...

Tom Werner Founded in 1997, Align Technology, Inc. (NASDAQ:ALGN) is a company that manufactures 3D digital scanners and clear aligners for teeth straightener use cases in orthodontics. ALGN went public in 2001 at a price of $17.3, and currently it is trading at $288 per share, up over 1,500% since then. However, outperformance could have been even stronger had it not been as volatile in recent times. ALGN soared to over $720 per share in 2021, but then continued its gradual decline to the current level soon ...

Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Is Align Technology (ALGN) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Align Technology is one of 1050 companies in the Medical group. The Medical group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-Q ____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-32259 ____________________________ ALIGN TECHNOLOGY, INC. (Exact name ...

Align Technology, Inc. (ALGN) delivered first-quarter fiscal 2024 adjusted earnings per share (EPS) of $2.14, up 17.6% from the year-ago earnings. The reported figure topped the Zacks Consensus Estimate by 8.1%.GAAP EPS for the quarter was $1.39 compared with $1.14 in the same period last year.RevenuesRevenues increased 5.8% year over year to $997.4 million in the quarter and exceeded the Zacks Consensus Estimate by 2.6%. Moreover, revenues were favorably impacted by the foreign exchange of approximately $1 ...

Align Technology, Inc. (NASDAQ:ALGN) Q1 2024 Earnings Conference Call April 24, 2024 4:30 PM ET Company Participants Shirley Stacy - Vice President of Corporate Communications & Investor Relations Joe Hogan - President & Chief Executive Officer John Morici - Chief Financial Officer Conference Call Participants Elizabeth Anderson - Evercore ISI Brandon Vazquez - William Blair Jon Block - Stifel Jeff Johnson - Baird Michael Cherny - Leerink Partners Jason Bednar - Piper Sandler Nathan Rich - Goldman Sachs Eri ...

For the quarter ended March 2024, Align Technology (ALGN) reported revenue of $997.43 million, up 5.8% over the same period last year. EPS came in at $2.14, compared to $1.82 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $971.97 million, representing a surprise of +2.62%. The company delivered an EPS surprise of +8.08%, with the consensus EPS estimate being $1.98.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...