Align Technology Inc (ALGN) Earnings
Should You Buy ALGN Before Earnings?
Based on the last three years of earnings reports, buying ALGN stock within four weeks before its earnings date yielded an average return of -0.76%.
The best time to buy before earnings was 1 day before, which yielded an average return of -0.14% by the earnings date. The worst time was 21 days before, which yielded an average return of -1.96%.
Report dates analyzed: Feb 1 2022 - Oct 23 2024*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy ALGN After Earnings?
Based on the last three years of earnings reports, on average, ALGN has gone down -2.15% shortly after its earnings date. The stock bottoms around 28 day after earnings, where it is on average -4.72% lower than its closing price on the day of earnings.
Since ALGN has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.
Report dates analyzed: Feb 1 2022 - Oct 23 2024*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought Align Technology before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | -0.40% | -1.16% | -0.27% | -0.17% | -0.54% | -0.26% |
Past 8 Earnings | 3.36% | 1.12% | -0.03% | -0.61% | -0.67% | -0.29% |
Past 12 Earnings | -0.49% | -1.96% | -0.14% | -1.09% | -0.14% | 0.18% |
ALGN Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2024-10-23 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-07-24 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-04-24 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-01-30 | 268.92 -1.61% | 277.52 -4.66% | 267.46 -1.07% | 266.46 -0.70% | 270.39 -2.14% | 264.60 -1.04% | 266.78 0.82% | 288.49 9.03% | N/A | N/A | N/A |
2023-10-24 | 299.01 -11.22% | 290.61 -8.65% | 286.51 -7.35% | 276.76 -4.08% | 265.72 -0.10% | 265.46 0.31% | 253.69 -4.43% | 184.59 -30.46% | 197.52 -25.59% | 202.72 -23.63% | 215.39 -18.86% |
2023-07-25 | 340.69 -2.51% | 336.82 -1.39% | 350.10 -5.13% | 360.62 -7.90% | 337.01 -1.45% | 332.14 -1.00% | 339.85 2.32% | 376.62 13.39% | 357.75 7.71% | 361.05 8.70% | 351.63 5.87% |
2023-04-25 | 305.29 15.14% | 326.85 7.55% | 339.00 3.69% | 348.05 1.00% | 363.06 -3.18% | 351.52 -2.31% | 354.55 0.86% | 306.84 -12.71% | 302.74 -13.88% | 292.30 -16.85% | 282.55 -19.62% |
2023-01-31 | 212.28 27.06% | 232.25 16.14% | 246.04 9.63% | 252.63 6.77% | 265.82 1.47% | 269.73 1.69% | 282.53 4.75% | 345.07 27.93% | 331.52 22.91% | 304.00 12.71% | 309.50 14.74% |
2022-10-25 | 214.22 1.76% | 229.91 -5.19% | 208.45 4.57% | 210.00 3.80% | 211.39 3.12% | 217.98 2.63% | 221.64 1.68% | 193.06 -11.43% | 180.40 -17.24% | 212.92 -2.32% | 191.39 -12.20% |
2022-07-26 | 241.92 4.11% | 254.11 -0.89% | 248.98 1.16% | 267.31 -5.78% | 252.07 -0.08% | 251.86 -0.51% | 262.61 4.27% | 281.23 11.66% | 273.64 8.65% | 289.04 14.76% | 252.23 0.15% |
2022-04-26 | 452.94 -20.23% | 436.80 -17.29% | 406.23 -11.06% | 424.54 -14.90% | 368.86 -2.05% | 361.30 -0.53% | 360.43 -0.24% | 301.02 -16.68% | 258.13 -28.56% | 280.59 -22.34% | 270.18 -25.22% |
Methodology
We analyzed the past three years of ALGN's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of ALGN on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing ALGN stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought ALGN stock on the day of earnings, we looked at the closing price of ALGN on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing ALGN stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of ALGN to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$ALGN nice day!
$ALGN green is good
$ALGN Many many bears
$ALGN no wonder price closed that way
$ALGN nice gap
$ALGN why is there no volume? Is that suspicious?
$ALGN I already know
tomorrow the bulls going to say "next week" just like every week.
$ALGN It’s that TIME!! To Double down!
$ALGN due for a spike!
$ALGN Don't like that...