NYSE:ALIT Alight (ALIT) Stock Price, News & Analysis → Secret Bull Market Starts in This Unusual Sector (From Altimetry) (Ad) Free ALIT Stock Alerts $9.12 +0.12 (+1.33%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$8.98▼$9.1750-Day Range$8.65▼$10.3152-Week Range$6.33▼$10.38Volume3.16 million shsAverage Volume6.75 million shsMarket Capitalization$5.14 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/Downside39.3% Upside$12.71 Price TargetShort InterestBearish5.06% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.03Based on 2 Articles This WeekInsider TradingSelling Shares$12.45 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.3.28 out of 5 starsComputer And Technology Sector276th out of 585 stocksBusiness Services, Not Elsewhere Classified Industry45th out of 89 stocks 3.5 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.Amount of Analyst CoverageAlight has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.06% of the float of Alight has been sold short.Short Interest Ratio / Days to CoverAlight has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alight has recently increased by 2.11%, indicating that investor sentiment is decreasing. 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 3.4 News and Social Media Coverage News SentimentAlight has a news sentiment score of 1.03. 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 is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Alight this week, compared to 3 articles on an average week.Search Interest17 people have searched for ALIT on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.MarketBeat Follows9 people have added Alight to their MarketBeat watchlist in the last 30 days. This is an increase of 29% 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 $12,449,117.00 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 -16.59, 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 -16.59, 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 1.76. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlight has a P/B Ratio of 1.06. 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 AltimetrySecret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. Click for my No. 1 investment, all free of charge, click here. 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 HeadlinesApril 12, 2024 | insidertrades.comStephan Scholl Sells 83,016 Shares of Alight, Inc. (NYSE:ALIT) StockApril 3, 2024 | insidertrades.comAlight, Inc. (NYSE:ALIT) Insider Katie J. Rooney Sells 2,777 SharesApril 20, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. March 24, 2024 | insidertrades.comAlight, Inc. (NYSE:ALIT) Insider Sells $24,980.00 in StockApril 17, 2024 | investorplace.com3 Stocks With the Promising Potential of 1,000% Gains by 2026April 12, 2024 | investing.comAlight CEO Stephan Scholl sells over $8 million in company stockApril 12, 2024 | finance.yahoo.comAlight Inc CEO Stephan Scholl Sells 83,016 SharesApril 11, 2024 | finance.yahoo.comAlight Inc CEO Stephan Scholl Sells 106,500 SharesApril 20, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. April 6, 2024 | stockhouse.comFortune Media and Great Place to Work Recognize Alight as a '100 Best Companies to Work For' in 2024April 4, 2024 | finance.yahoo.comFortune Media and Great Place to Work Recognize Alight as a ‘100 Best Companies to Work For’ in 2024April 3, 2024 | proactiveinvestors.comSpotify price hike rumours set shares alightMarch 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 22, 2024 | finance.yahoo.comAlight Inc (ALIT) CEO Stephan Scholl Sells 428,574 SharesMarch 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 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 DecadeMarch 1, 2024 | businesswire.comAlight to Present at Upcoming Investor ConferencesSee 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 Earnings2/21/2024Today4/19/2024Next 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+39.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.55) Trailing P/E RatioN/A Forward P/E Ratio18.25 P/E Growth1.76Net Income$-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 / Sales1.51 Cash Flow$1.49 per share Price / Cash Flow6.12 Book Value$8.57 per share Price / Book1.06Miscellaneous Outstanding Shares562,980,000Free Float540,688,000Market Cap$5.14 billion OptionableOptionable Beta0.92 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 & InstitutionsSaxon Interests Inc.Bought 2,632 shares on 4/18/2024Ownership: 0.003%Harbour Capital Advisors LLCBought 37,500 shares on 4/16/2024Ownership: 0.007%Stephan SchollSold 83,016 sharesTotal: $7.89 M ($95.10/share)NBC Securities Inc.Sold 7,354 shares on 4/5/2024Ownership: 0.018%Katie J RooneySold 2,777 sharesTotal: $26,936.90 ($9.70/share)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 research 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 research 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 equities 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 expect the company's share price to reach $12.71 in the next twelve months. This suggests a possible upside of 39.3% 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 7.0% and is now trading at $9.1250. View the best growth stocks for 2024 here. Are investors shorting Alight? Alight saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 20,340,000 shares, a decline of 5.4% from the February 29th total of 21,500,000 shares. Based on an average daily volume of 7,220,000 shares, the short-interest ratio is presently 2.8 days. Currently, 5.0% of the shares of the stock are short sold. 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) issued its earnings results on Wednesday, February, 21st. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.06. The firm earned $960 million during the quarter, compared to the consensus estimate of $1.03 billion. Alight had a positive trailing twelve-month return on equity of 5.09% and a negative net margin of 7.80%. What ETFs hold Alight's stock? ETFs with the largest weight of Alight (NYSE:ALIT) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), SPDR FactSet Innovative Technology ETF (XITK) and iShares Russell 2000 Value ETF (IWN).Vanguard Russell 2000 Value ETF (VTWV). What guidance has Alight issued on next quarter's earnings? Alight issued an update on 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 earnings per share 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 a price of $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 many different retail and institutional investors. Top institutional investors include NBC Securities Inc. (0.02%), Harbour Capital Advisors LLC (0.01%) and Saxon Interests Inc. (0.00%). 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. This page (NYSE:ALIT) was last updated on 4/20/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaYour Money is Not SafeAmerican AlternativeThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesTiny Biotech Stock Wins $75 Billion PatentBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alight, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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