Earnings Forecast Research on Align Technology, Inc. (ALGN)

Align Technology, Inc. has received $0.67 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 10 Financial Advisor in the Stock Trading Firms. Among 10 Analysts, Bottom line EPS Estimate for the current quarter is $0.65 while the top line estimate is $0.73 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 10.83%.

Align Technology, Inc. reported better than expected with a surprise EPS of 23.53% or $0.12 during its most recent quarterly earnings. The Actual EPS was $0.63 compared to the Estimated EPS of $0.51.

Align Technology, Inc. has a Price to Earnings ratio of 38.29 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 7.41. For the Most Recent Fiscal Year, Align Technology, Inc. has a price to cash ratio of 44.15. For the Trailing twelve month period, company showed a Net Profit Margin of 18.78% and Return on Equity of the stock is 21.09%.

In the last quarter, Align Technology, Inc. reported Annual Earnings of $0.63. Based on the filings, last years Annual Earnings was, $1.77. In the last Quarter, ALGN reported a surprise Earnings per Share of 23.53% . The consensus estimate for current quarter is $0.67 and for the current fiscal year, the estimate is $2.41. For the Next fiscal year, the estimate is $2.97 based on the consensus.

Align Technology, Inc. (NASDAQ:ALGN) : On Tuesday heightened volatility was witnessed in Align Technology, Inc. (NASDAQ:ALGN) which led to swings in the share price. The stock opened for trading at $89.72 and hit $91.75 on the upside , eventually ending the session at $91.69, with a gain of 1.9% or 1.71 points. The heightened volatility saw the trading volume jump to 1,693,012 shares. The 52-week high of the share price is $102.1 and the company has a market cap of $7,307 million. The 52-week low of the share price is at $57.51 .

Align Technology Inc. designs, manufactures and markets the Invisalign System, a proprietary method for treating malocclusion. The System corrects malocclusion using a series of clear, removable appliances that gently move teeth to a desired final position. Because it does not rely on the use of metal or ceramic brackets and wires, the System significantly reduces the aesthetic and other limitations associated with braces. The Invisalign System also offers orthodontists a new means of carrying out their diagnosis and treatment planning processes.

Align

Share this post

Leave a Reply