Align Technology (ALGN)
(Delayed Data from NSDQ)
$273.65 USD
-12.87 (-4.49%)
Updated May 8, 2024 04:00 PM ET
After-Market: $273.54 -0.11 (-0.04%) 7:58 PM ET
2-Buy of 5 2
C Value C Growth C Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ALGN 273.65 -12.87(-4.49%)
Will ALGN be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for ALGN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ALGN
McKesson (MCK) Q4 Earnings Miss Estimates, Revenues Up Y/Y
Nevro's (NVRO) Q1 Earnings and Sales Beat Estimates, Margins Up
ALGN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Inspire Medical (INSP) Q1 Earnings Beat, Gross Margin Up
Masimo (MASI) Q1 Earnings Beat Estimates, '24 EPS View Up
Fresenius Medical (FMS) Q1 Earnings Beat, Operating Margin Up
Other News for ALGN
Align Technology Inc. stock falls Wednesday, underperforms market
Noteworthy Wednesday Option Activity: ALGN, BA, EOLS
Wednesday Sector Laggards: Healthcare, Services
Align Technology: International Strength To Continue Driving Growth Acceleration
Align Technology price target raised by $20 at HSBC, here's why