Align Technology Inc (NASDAQ: ALGN) has reported E.P.S. of $1.40 for its first fiscal quarter (ending March 31) versus $1.14 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $6.09 compared to $4.05 a year ago.
Recent Price Action
Align Technology Inc (NASDAQ: ALGN) stock closed at $313.78 on 4/24/24 after a modest gain of 0.6%. Moreover, unusually high trading volume at 191% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 2.8% during the last week.
Current PriceTarget Research Rating
ALGN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Align Technology has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Align Technology has a poor Power Rating of 26 and a poor Appreciation Score of 16, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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