NYSE:ALIT Alight (ALIT) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free ALIT Stock Alerts $9.84 +0.05 (+0.51%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$9.82▼$10.0450-Day Range$8.51▼$10.3152-Week Range$6.33▼$10.38Volume6.93 million shsAverage Volume5.45 million shsMarket Capitalization$5.54 billionP/E RatioN/ADividend YieldN/APrice Target$12.71 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Alight alerts: Email Address Alight MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.2% Upside$12.71 Price TargetShort InterestHealthy4.95% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 11 Articles This WeekInsider TradingSelling Shares$4.53 M Sold Last QuarterProj. Earnings Growth26.00%From $0.50 to $0.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.64 out of 5 starsComputer And Technology Sector72nd out of 589 stocksBusiness Services, Not Elsewhere Classified Industry14th out of 87 stocks 4.5 Analyst's Opinion Consensus RatingAlight has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.71, Alight has a forecasted upside of 29.2% from its current price of $9.84.Amount of Analyst CoverageAlight has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.95% of the float of Alight has been sold short.Short Interest Ratio / Days to CoverAlight has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alight has recently decreased by 5.40%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAlight does not currently pay a dividend.Dividend GrowthAlight does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALIT. Previous Next 3.1 News and Social Media Coverage News SentimentAlight has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Alight this week, compared to 3 articles on an average week.Search Interest22 people have searched for ALIT on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.MarketBeat Follows10 people have added Alight to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alight insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,527,359.00 in company stock.Percentage Held by InsidersOnly 3.96% of the stock of Alight is held by insiders.Percentage Held by Institutions96.74% of the stock of Alight is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Alight are expected to grow by 26.00% in the coming year, from $0.50 to $0.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alight is -17.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Alight is -17.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioAlight has a PEG Ratio of 1.51. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlight has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Alight Stock (NYSE:ALIT)Alight, Inc. provides cloud-based integrated digital human capital and business solutions worldwide. The company operates through two segments, Employer Solutions and Professional Services. The Employer Solutions segment offers employee wellbeing, integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, retiree healthcare and payroll; and operates AI-led capabilities software. The Professional Services segment offers consulting offerings, such as cloud advisory, deployment, and optimization services for cloud platforms. The company provides Alight Worklife, an intuitive, cloud-based employee engagement platform. Its solutions enable employees to enrich their health, wealth, and wellbeing that helps organizations achieve a high-performance culture. Alight, Inc. was founded in 2020 and is based in Lincolnshire, Illinois.Read More ALIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALIT Stock News HeadlinesMarch 24, 2024 | insidertrades.comAlight, Inc. (NYSE:ALIT) Insider Sells $24,980.00 in StockMarch 11, 2024 | insidertrades.comInsider Selling: Alight, Inc. (NYSE:ALIT) Insider Sells 26,164 Shares of StockMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 28, 2024 | finance.yahoo.comAlight’s Latest Release of Alight Worklife® to Unlock Value for Organizations and Their PeopleMarch 28, 2024 | businesswire.comAlight's Latest Release of Alight Worklife® to Unlock Value for Organizations and Their PeopleMarch 28, 2024 | americanbankingnews.comAmerican Well (NYSE:AMWL) & Alight (NYSE:ALIT) Head-To-Head ReviewMarch 23, 2024 | americanbankingnews.comStephan Scholl Sells 428,574 Shares of Alight, Inc. (NYSE:ALIT) StockMarch 23, 2024 | americanbankingnews.comAlight (NYSE:ALIT) PT Raised to $13.00March 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 22, 2024 | americanbankingnews.comAlight (NYSE:ALIT) Shares Gap Up to $8.84March 22, 2024 | americanbankingnews.comAlight (NYSE:ALIT) Price Target Raised to $13.00 at UBS GroupMarch 22, 2024 | americanbankingnews.comAlight (NYSE:ALIT) Given New $13.00 Price Target at Canaccord Genuity GroupMarch 22, 2024 | americanbankingnews.comAlight (NYSE:ALIT) Price Target Raised to $14.00 at WedbushMarch 22, 2024 | finance.yahoo.comAlight Inc (ALIT) CEO Stephan Scholl Sells 428,574 SharesMarch 22, 2024 | americanbankingnews.comAlight (NYSE:ALIT) Hits New 1-Year High After Analyst UpgradeMarch 21, 2024 | markets.businessinsider.comAlight’s Strategic Divestiture and Financial Strengthening Prompt Buy Rating and Target Price IncreaseMarch 21, 2024 | markets.businessinsider.comBeyond The Numbers: 6 Analysts Discuss Alight StockMarch 21, 2024 | americanbankingnews.comInvestors Purchase High Volume of Alight Call Options (NYSE:ALIT)March 20, 2024 | msn.comAlight Selling Professional, Payroll Assets to H.I.G. Capital for up to $1.2 Billion in Simplification MoveMarch 20, 2024 | reuters.comAlight to sell payroll and professional service business for up to $1.2 billionMarch 20, 2024 | barrons.comAlight Stock Jumps. It's Selling a Business Unit for $1.2 Billion and Buying Back Shares.March 20, 2024 | businesswire.comH.I.G. Capital Signs Definitive Agreement to Acquire Alight's Payroll and Professional Services BusinessMarch 20, 2024 | businesswire.comAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 BillionMarch 16, 2024 | finance.yahoo.comALIT Nov 2024 11.000 callMarch 16, 2024 | finance.yahoo.comALIT Apr 2024 12.000 callMarch 14, 2024 | businesswire.comAlight Announces New Integration of Leaves With Other BenefitsMarch 7, 2024 | investorplace.com3 Hidden-Gem Stocks Poised for a 10X Surge This DecadeSee More Headlines Receive ALIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alight and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Today3/29/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:ALIT CUSIPN/A CIK1809104 Webalight.com Phone224-737-7000FaxN/AEmployees18,000Year FoundedN/APrice Target and Rating Average Stock Price Target$12.71 High Stock Price Target$14.00 Low Stock Price Target$12.00 Potential Upside/Downside+29.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.55) Trailing P/E RatioN/A Forward P/E Ratio19.68 P/E Growth1.51Net Income$-345,000,000.00 Net Margins-7.80% Pretax Margin-10.73% Return on Equity5.09% Return on Assets2.30% Debt Debt-to-Equity Ratio0.58 Current Ratio1.27 Quick Ratio1.27 Sales & Book Value Annual Sales$3.41 billion Price / Sales1.62 Cash Flow$1.48 per share Price / Cash Flow6.63 Book Value$8.57 per share Price / Book1.15Miscellaneous Outstanding Shares562,982,000Free Float540,688,000Market Cap$5.54 billion OptionableOptionable Beta0.90 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Stephan D. Scholl (Age 53)CEO & Director Comp: $2.27MMs. Katie Boehm-J. Rooney (Age 45)Global CFO & COO Comp: $973.33kMr. Gregory R. Goff (Age 53)Chief Technology & Delivery Officer Comp: $817.93kMr. Cesar Jelvez (Age 49)Chief Professional Services & Global Payroll Officer Comp: $820.08kMr. Dinesh V. Tulsiani (Age 49)Chief Strategy Officer Comp: $767.11kMr. Martin T. Felli (Age 56)Chief Legal Officer & Corporate Secretary Mr. Michael J. Rogers (Age 41)Chief Human Resources Officer Mr. Gregory A. George (Age 53)Chief Commercial Officer of North America Mr. Jeremy HeatonOperating Chief Financial OfficerMore ExecutivesKey CompetitorsLyftNASDAQ:LYFTEtsyNASDAQ:ETSYGetty ImagesNYSE:GETYZillow GroupNASDAQ:ZGAkamai TechnologiesNASDAQ:AKAMView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 23,996 shares on 3/22/2024Ownership: 0.003%Stephan SchollSold 428,574 sharesTotal: $4.20 M ($9.81/share)Dinesh V TulsianiSold 2,498 sharesTotal: $24,980.00 ($10.00/share)Kingdon Capital Management L.L.C.Bought 900,000 shares on 3/18/2024Ownership: 0.160%HBK Investments L PBought 200,000 shares on 3/14/2024Ownership: 0.142%View All Insider TransactionsView All Institutional Transactions ALIT Stock Analysis - Frequently Asked Questions Should I buy or sell Alight stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alight in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALIT shares. View ALIT analyst ratings or view top-rated stocks. What is Alight's stock price target for 2024? 7 Wall Street research analysts have issued 12 month target prices for Alight's shares. Their ALIT share price targets range from $12.00 to $14.00. On average, they predict the company's stock price to reach $12.71 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. View analysts price targets for ALIT or view top-rated stocks among Wall Street analysts. How have ALIT shares performed in 2024? Alight's stock was trading at $8.53 at the beginning of 2024. Since then, ALIT stock has increased by 15.4% and is now trading at $9.84. View the best growth stocks for 2024 here. Are investors shorting Alight? Alight saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 20,340,000 shares, a drop of 5.4% from the February 29th total of 21,500,000 shares. Based on an average trading volume of 7,220,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 5.0% of the company's shares are sold short. View Alight's Short Interest. When is Alight's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our ALIT earnings forecast. How were Alight's earnings last quarter? Alight, Inc. (NYSE:ALIT) posted its quarterly earnings results on Wednesday, February, 21st. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.06. The business had revenue of $960 million for the quarter, compared to analyst estimates of $1.03 billion. Alight had a negative net margin of 7.80% and a positive trailing twelve-month return on equity of 5.09%. What ETF holds Alight's stock? iShares Russell 2000 Value ETF holds 3,752,129 shares of ALIT stock, representing 0.31% of its portfolio. What guidance has Alight issued on next quarter's earnings? Alight updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $0.72-0.77 for the period, compared to the consensus EPS estimate of $0.72. The company issued revenue guidance of $3.55-3.611 billion, compared to the consensus revenue estimate of $3.71 billion. When did Alight IPO? Alight (ALIT) raised $752 million in an IPO on Friday, March 22nd 2019. The company issued 32,000,000 shares at $22.00-$25.00 per share. BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, Barclays Capital, BMO Capital Markets, Citigroup Global, Credit Suisse, Deutsche Bank Securities and Goldman Sachs served as the underwriters for the IPO and Blackstone Capital Markets, CIBC World Markets, PNC Capital Markets, Baird, KeyBanc Capital Markets, Macquarie Capital, Stephens, Stifel, Academy Securities, BTIG, Loop Capital Markets, Ramirez and Siebert Cisneros Shank were co-managers. Who are Alight's major shareholders? Alight's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.37%), Vanguard Group Inc. (6.25%), Fidelity National Financial Inc. (4.03%), Glenview Capital Management LLC (3.29%), Blackstone Inc. (2.97%) and Dimensional Fund Advisors LP (2.20%). Insiders that own company stock include Dinesh V Tulsiani, Holdings I/Ii Gp L Blackstone, Holdings LP Blackstone III, Katie J Rooney, Richard N Massey, Stephan Scholl and William P Foley II. View institutional ownership trends. How do I buy shares of Alight? Shares of ALIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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