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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:ALIT

Alight (ALIT) Stock Price, News & Analysis

$9.84
+0.05 (+0.51%)
(As of 03/28/2024 ET)
Today's Range
$9.82
$10.04
50-Day Range
$8.51
$10.31
52-Week Range
$6.33
$10.38
Volume
6.93 million shs
Average Volume
7.62 million shs
Market Capitalization
$5.54 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.71

Alight MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.2% Upside
$12.71 Price Target
Short Interest
Healthy
4.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of Alight in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$4.53 M Sold Last Quarter
Proj. Earnings Growth
26.00%
From $0.50 to $0.63 Per Share

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.

4.63 out of 5 stars

Computer And Technology Sector

72nd out of 589 stocks

Business Services, Not Elsewhere Classified Industry

14th out of 87 stocks

ALIT stock logo

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.

ALIT Stock Price History

ALIT Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Alight (NYSE:ALIT) PT Raised to $13.00
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Alight (NYSE:ALIT) Shares Gap Up to $8.84
Alight (NYSE:ALIT) Price Target Raised to $13.00 at UBS Group
Alight (NYSE:ALIT) Price Target Raised to $14.00 at Wedbush
Alight (NYSE:ALIT) Hits New 1-Year High After Analyst Upgrade
Beyond The Numbers: 6 Analysts Discuss Alight Stock
ALIT Nov 2024 11.000 call
ALIT Apr 2024 12.000 call
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
18,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.71
High Stock Price Target
$14.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+28.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-345,000,000.00
Pretax Margin
-10.73%

Debt

Sales & Book Value

Annual Sales
$3.41 billion
Cash Flow
$1.49 per share
Book Value
$8.57 per share

Miscellaneous

Free Float
540,688,000
Market Cap
$5.57 billion
Optionable
Optionable
Beta
0.90
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Key Executives

  • Mr. Stephan D. Scholl (Age 53)
    CEO & Director
    Comp: $2.27M
  • Ms. Katie Boehm-J. Rooney (Age 45)
    Global CFO & COO
    Comp: $973.33k
  • Mr. Gregory R. Goff (Age 53)
    Chief Technology & Delivery Officer
    Comp: $817.93k
  • Mr. Cesar Jelvez (Age 49)
    Chief Professional Services & Global Payroll Officer
    Comp: $820.08k
  • Mr. Dinesh V. Tulsiani (Age 49)
    Chief Strategy Officer
    Comp: $767.11k
  • Mr. 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 Heaton
    Operating Chief Financial Officer

ALIT Stock Analysis - Frequently Asked Questions

Should I buy or sell Alight stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alight in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities 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 brokerages have issued 1 year 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 stock price to reach $12.71 in the next year. 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 start of the year. Since then, ALIT shares have 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 decrease in short interest during the month of March. As of March 15th, there was short interest totaling 20,340,000 shares, a decrease of 5.4% from the February 29th total of 21,500,000 shares. Based on an average daily trading volume, of 7,220,000 shares, the short-interest ratio is presently 2.8 days. Approximately 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) released its quarterly earnings results on Wednesday, February, 21st. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.17 by $0.06. The firm earned $960 million during the quarter, compared to analysts' expectations 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 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 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 initial public offering 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 acted 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 institutional and retail investors. Top institutional shareholders 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.

This page (NYSE:ALIT) was last updated on 3/29/2024 by MarketBeat.com Staff

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