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Align Technology (ALGN)

(Delayed Data from NSDQ)

$309.02 USD

309.02
737,234

-1.48 (-0.48%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $308.97 -0.05 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 38% (95 out of 252)

Industry: Medical - Dental Supplies

Better trading starts here.

Balance Sheet

Research for ALGN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Align Technology, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 973 1,000 1,171 961 869
Receivables 903 860 897 658 550
Notes Receivable 0 0 0 0 0
Inventories 297 339 230 139 112
Other Current Assets 274 226 195 92 102
Total Current Assets 2,447 2,424 2,494 1,850 1,633
Net Property & Equipment 1,291 1,232 1,082 735 632
Investments & Advances 8 42 125 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 1,590 1,572 1,534 1,553 64
Intangibles 502 503 528 575 76
Deposits & Other Assets 129 56 58 35 40
Total Assets 6,084 5,948 5,942 4,830 2,501
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 113 128 164 142 87
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 526 454 607 406 320
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,428 1,344 1,153 778 564
Total Current Liabilities 2,067 1,926 1,924 1,326 971
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 290 320 293 206 140
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,453 2,347 2,319 1,596 1,155
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,162 1,045 999 975 907
Retained Earnings 2,447 2,567 2,619 2,216 440
Other Equity 21 -10 4 44 -1
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 3,630 3,601 3,623 3,234 1,346
Total Liabilities & Shareholder's Equity 6,084 5,948 5,942 4,830 2,501
Total Common Equity 3,630 3,601 3,623 3,234 1,346
Shares Outstanding 76.59 78.11 78.80 78.80 78.80
Book Value Per Share 47.40 46.11 45.97 41.04 17.08

Fiscal Year End for Align Technology, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 973 1,284 1,008 884
Receivables NA 903 904 908 884
Notes Receivable NA 0 0 0 0
Inventories NA 297 296 313 312
Other Current Assets NA 274 218 237 252
Total Current Assets NA 2,447 2,702 2,465 2,332
Net Property & Equipment NA 1,291 1,268 1,279 1,263
Investments & Advances NA 8 18 26 37
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 1,590 1,592 1,606 1,590
Intangibles NA 502 487 504 508
Deposits & Other Assets NA 129 132 138 54
Total Assets NA 6,084 6,319 6,145 5,901
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 113 100 110 131
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 526 614 600 497
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 1,428 1,409 1,397 1,377
Total Current Liabilities NA 2,067 2,123 2,107 2,005
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 295 295 318
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,453 2,517 2,506 2,421
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,162 1,193 1,142 1,105
Retained Earnings NA 2,447 2,607 2,485 2,374
Other Equity NA 21 2 11 2
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 3,630 3,802 3,638 3,480
Total Liabilities & Shareholder's Equity NA 6,084 6,319 6,145 5,901
Total Common Equity 0 3,630 3,802 3,638 3,480
Shares Outstanding 75.10 76.59 76.50 76.50 76.50
Book Value Per Share 0.00 47.40 49.70 47.56 45.49