# Align Technology, Inc. – Consensus ‘buy’ rating and 9.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/align-technology-inc.consensus-buy-rating-and-9.6-upside-potential/4121126327
- Published: 2023-08-30T11:50:57+01:00
- Author: Charlotte Edwards

**Align Technology, Inc.** with ticker code (ALGN) now have 11 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The target price 
High/Low ranges between 440 and 270 calculating the mean target price we have $393.18.
Given that the stocks previous close was at $358.66 and the analysts are correct
then there would likely be a percentage uptick in value of 9.6%. Also worth taking
note is the 50 day moving average now sits at $351.44 and the 200 day moving average
is $297.60. The total market capitalization for the company now stands at 28.14B.
The current share price for the company is: 367.62 USD

 The potential market cap would be $30,843,261,407 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 88.58, revenue per share of 48.37
and a 6.02% return on assets.

Align Technology, Inc. is a medical device company. The Company is primarily engaged
in the design, manufacture and marketing of Invisalign clear aligners for the treatment
of malocclusions, or the misalignment of teeth, by orthodontists and general dental
practitioners (GPs), Vivera retainers for retention, iTero intraoral scanners and
services for dentistry, and exocad computer-aided design and computer-aided manufacturing(
CAD/CAM) software. It operates through two segments: Clear Aligner and Imaging Systems
and CAD/CAM Services (Systems and Services). Its Clear Aligner segment consists 
of Comprehensive Products, which includes Invisalign Comprehensive and Invisalign
First; Non-Comprehensive Products, which includes Invisalign Moderate, Lite and 
Express packages and Invisalign Go, and Non-Case products, which include retention
products, Invisalign training, adjusting tools used by dental professionals. Its
Systems and Services segment consists of iTero intraoral scanning systems.

Share on: