Align Technology: Prospects Are Still Murky, Although There Are Signs Of Hope [Seeking Alpha]
Align Technology, Inc. (ALGN)
Last align technology, inc. earnings: 4/29 04:00 pm
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US:NASDAQ Investor Relations:
investor.aligntech.com/investor-relations
Company Research
Source: Seeking Alpha
The company's Clear Aligner segment, which includes its Invisalign product, has contributed the majority of its revenue. Align's operating margin has been declining, and macroeconomic conditions could further impact the stock price. It is currently rated as a Hold. Introduction and Investment Thesis Align Technology ( NASDAQ: ALGN ) is a medical device company that is famously known for its Invisalign product. The stock has had a rough patch since September 2021. After falling 75% from its all-time high, the stock has recovered 69% from its trough and is currently trading at $302. While the company is showing signs of recovering revenue growth given its focus on R&D to continually innovate its products to maintain its competitive edge, its operating margin has been steadily declining, which is a cause for worry. At the same time, should global macroeconomic conditions worsen, we may see further volatility in the stock price. While the company could stand to gain long-term if
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ALGN
News
- Align Technology, Inc. (NASDAQ:ALGN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Align Technology Announces $150 Million Open Market Repurchase [Yahoo! Finance]Yahoo! Finance
- Align Technology Announces $150 Million Open Market RepurchaseBusiness Wire
- Align Technology First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Align Technology (ALGN) Q1 Earnings Top, 2024 Sales View Up [Yahoo! Finance]Yahoo! Finance
ALGN
Earnings
- 4/24/24 - Beat
ALGN
Sec Filings
- 4/26/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/16/24 - Form DEFR14A
- ALGN's page on the SEC website