Back to top

Image: Bigstock

Align Technology Inc.

Read MoreHide Full Article

Over the past one month, Align has been trading above the Medical/Dental-Supplies industry. We are encouraged by the company’s strong Invisalign prospects and growth in North America and international regions. The company also posted better-than-expected earnings and revenues in the last reported first quarter 2017. Going forward, management expects consistent growth in the Asia-Pacific region. Additionally, the company has a strong cash balance to carry out share repurchase programs and in turn provide solid returns to investors. On the flip side, currency movement continues to act as a dampener. Align’s poor gross margin scenario for both clear aligner and scanner in the last reported quarter also remains a woe. Tough competition and macroeconomic headwinds continue to weigh on the stock.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Align Technology, Inc. (ALGN) - free report >>

Published in