Shares of Align Technology, Inc. [stckqut]ALGN[/stckqut] have been recommended as a long term growth pick according to Beta Research. With the firm’s stock price currently trading around $103.86, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 22.90% earnings per share growth over the past 5 years and 17.60% revenue growth over that same time frame.
Recent Performance
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Align Technology, Inc. (NASDAQ:ALGN)’s stock was 6.90%. Over the last week of the month, it was 0.88%, 6.83% over the last quarter, and 10.89% for the past six months.
Over the past 50 days, Align Technology, Inc.’s stock is 0.03% off of the high and 17.28% removed from the low. Their 52-Week High and Low are as follows: 0.03% (High), 59.59%, (Low).
Analyst Recommendation
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $106.58 on the equity. Analysts have a consensus recommendation of 1.70 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Source: Long Term Growth Stock in Review: Align Technology, Inc. (NASDAQ:ALGN) – Aiken Advocate