Evercore analyst Elizabeth Anderson CFA maintains $Align Technology (ALGN.US)$ with a buy rating, and adjusts the target price from $270 to $250.
According to TipRanks data, the analyst has a success rate of 38.3% and a total average return of -7.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Align Technology (ALGN.US)$'s main analysts recently are as follows:
Align Technology shares may experience a decline due to unsatisfactory volume levels and fourth-quarter targets that fell short of both the analyst's and broader market expectations against a backdrop of ongoing sluggish demand. Despite this, anticipations were modest, and the company is enhancing its buyback program, with indications of margin improvement by 2025, while focusing on areas within its influence.
Q3 for Align Technology came with minimal surprises, although revenue was slightly below the anticipated consensus. It is projected that the revenue forecasts for 2025 might be adjusted down in light of this report. Yet, considering the stock's prior weak performance and its valuation at approximately 20 times the estimated earnings for 2025, further declines in stock value may be restricted.
Concerns were raised regarding Align Technology following a reported miss in the third-quarter revenue and case shipments, which fell short of the Street's expectations and guidance. Furthermore, the management's forecast for the fourth quarter did not meet anticipated levels, which is expected to adversely affect the company's stock value.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Evercore分析師Elizabeth Anderson CFA維持$艾利科技 (ALGN.US)$買入評級,並將目標價從270美元下調至250美元。
根據TipRanks數據顯示,該分析師近一年總勝率為38.3%,總平均回報率為-7.9%。
此外,綜合報道,$艾利科技 (ALGN.US)$近期主要分析師觀點如下:
由於交易量不令人滿意,在需求持續疲軟的背景下,第四季度的目標未達到分析師和整個市場的預期,Align Technology的股價可能會下跌。儘管如此,預期不大,該公司正在加強回購計劃,有跡象表明到2025年利潤率會提高,同時將重點放在其影響範圍內的領域。
儘管收入略低於預期的共識,但Align Technology的第三季度意外微乎其微。根據該報告,預計2025年的收入預測可能會下調。然而,考慮到該股此前表現疲軟,其估值約爲2025年估計收益的20倍,股票價值的進一步下跌可能會受到限制。
據報道,第三季度收入和案例出貨量均低於華爾街的預期和指導,此後,有人對Align Technology表示擔憂。此外,管理層對第四季度的預測未達到預期水平,預計這將對公司的股票價值產生不利影響。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否,取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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