Economy

Align Technology, Inc. (ALGN) Issues Quarterly Earnings Results

Align Technology has an average rating of "Buy" and an average price target of $204.20.

Additionally, according to the most recent 13F filing from Align Technology, Inc.

In a report issued on October 17, Stifel Nicolaus also reiterated a Buy rating on the stock with a $205 price target. The rating was maintained by Stifel Nicolaus on Monday, November 28 with "Buy".

COPYRIGHT VIOLATION NOTICE: "Fisher Asset Management LLC Sells 4,912 Shares of Align Technology, Inc". (NASDAQ:ALGN) on Friday, October 23 with "Buy" rating. As per Friday, June 23, the company rating was maintained by Stifel Nicolaus. The firm has "Buy" rating given on Sunday, August 6 by Stifel Nicolaus. The rating was downgraded by Robert W. Baird to "Neutral" on Monday, October 3. The firm has "Buy" rating given on Friday, July 28 by Bank of America. Roth Capital maintained Align Technology, Inc. (NASDAQ:ALGN) on Monday, November 28 with "Buy" rating. The company saw a rise in short interest of 6.83% between September 15, 2017 and September 29, 2017. Polen Capital Mgmt Ltd Liability Company, Florida-based fund reported 3.36 million shares. Hewlett Packard Enterprise Co (NYSE:HPE) has risen 56.74% since October 27, 2016 and is uptrending. It has outperformed by 24.54% the S&P500.

Hewlett Packard Enterprise Company is a well-known provider of technology solutions. Corporate insiders own 2.00% of the company's stock. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Therefore 77% are positive. Raymond James & accumulated 84,298 shares. Cowen & Co maintained it with "Outperform" rating and $7 target in Tuesday, December 13 report. The firm earned "Buy" rating on Friday, March 11 by Goldman Sachs. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) has "Buy" rating given on Thursday, December 3 by Argus Research.

Wall Street await Align Technology, Inc.

Align Technology (NASDAQ:ALGN) last released its quarterly earnings data on Thursday, October 26th. ALGN's profit will be $64.93M for 62.65 P/E if the $0.81 EPS becomes a reality.

By looking at a stock's average trade volume - in the short, medium, and long terms - we can gain a better understanding of investor sentiment and trading activity. Its up 0.37, from 1.02 in 2017Q1. Equities analysts forecast that Align Technology Inc. will post $2.28 earnings per share for the current fiscal year. Renaissance Technologies LLC raised its position in Align Technology by 14.1% in the first quarter. Cap Advsrs Ok accumulated 10,000 shares. Capstone Asset Management owns 16,046 shares or 0.07% of their USA portfolio. Brown Advisory holds 8,301 shares.

This company has been competing with others in the Healthcare space and offers its own combination of interesting factors Align Technology, Inc. (NASDAQ:ALGN). Kylin Mngmt Llc reported 311,800 shares or 6.36% of all its holdings. Deutsche State Bank Ag has 0.01% invested in Align Technology, Inc. (NASDAQ:ALGN) for 128,637 shares. Ancora Advisors Llc owns 237,228 shares or 0.09% of their United States portfolio.

Marquette Asset Management Inc. holds 0.13% of its portfolio in Richardson Electronics, Ltd. for 50,378 shares. (NASDAQ:ALGN) for 18,905 shares. Oregon Employees Retirement Fund has invested 0.05% of its portfolio in Align Technology, Inc. Janney Montgomery Scott Lc has 0.01% invested in Align Technology, Inc. Nationwide Fund Advisors holds 0.13% or 224,104 shares in its portfolio. Cibc World Markets Inc holds 0.01% in Align Technology, Inc. (NASDAQ:ALGN) for 4,040 shares. About 1.74M shares traded or 82.22% up from the average.

Meanwhile, during the same quarter Align Technology, Inc.

Align Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design/computer-aided manufacturing digital services used in dentistry, orthodontics and dental records storage. The company has market cap of $195.54 million. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. It has a 81.99 P/E ratio. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Teen and Assist (Comprehensive Products), Express/Lite (Non-Comprehensive Products) and Vivera Retainers, along with its training and ancillary products for treating malocclusion (Non-Case). Pioneer has 0.11% invested in Align Technology, Inc. On Tuesday, May 30 the insider Pascaud Raphael sold $481,705. There were 33 sold out positions, on the other hand, totaling 3,780,875 shares.

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