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Align Technology (ALGN) Up 3.6% Since Last Earnings Report: Can It Continue?

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It has been about a month since the last earnings report for Align Technology (ALGN - Free Report) . Shares have added about 3.6% in that time frame, underperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Align Technology due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended downward during the past month.

VGM Scores

At this time, Align Technology has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Notably, Align Technology has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Align Technology belongs to the Zacks Medical - Dental Supplies industry. Another stock from the same industry, Labcorp (LH - Free Report) , has gained 2.3% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.

Labcorp reported revenues of $3.35 billion in the last reported quarter, representing a year-over-year change of +5.3%. EPS of $3.84 for the same period compares with $3.68 a year ago.

For the current quarter, Labcorp is expected to post earnings of $4.12 per share, indicating a change of +4.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.2% over the last 30 days.

Labcorp has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.


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