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Align Technology Nears Buy Point With Earnings Due

With its next earnings report set for around April 28, Align Technology (ALGN) is currently about 4% shy of a 634.56 entry. The entry is based on a second-stage cup without handle.




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It’s important to understand that jumping into a stock right as it gets ready to report means you likely won’t have enough time to build a profit cushion before the release. That leaves you exposed to a sudden and perhaps sharp drop if the company disappoints investors with poor numbers and/or weak guidance. You can minimize your exposure by waiting to see how the company reports and how the market reacts.

Align Technology manufactures 3D digital scanners and the Invisalign clear aligners used in orthodontics. The firm expects more growth threw its iTero color orthodontic scanner. It is headquartered in San Jose, Calif.


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Align Technology’s EPS growth dropped in the prior quarter from 52% to 48%, and the top line rose 28%, up from 21% in the previous report.

Analysts expect earnings growth of 176% for the quarter, and 75% growth for the full year. Earnings estimates for the full year were recently revised upward.

Align Technology has a 96 Composite Rating and earns the No. 1 rank among its peers in the Medical-Products industry group. Avista Healthcare (ORGO) and Repligen (RGEN) are also among the group’s highest-rated stocks.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.

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