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The End of Coca Cola's Compressed Margins
Enphase Energy is Still a Buy for Long-Term Growth Investors
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.80
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Deal for UBS to buy Credit Suisse sends shares tumbling
Gunmen kill 9 Chinese at mine in Central African Republic
Modern Day Options Trading For Beginners! (Ad)pixel
Niinistö: Sweden security OK if Finland joins NATO first
Which Gold Stocks Can Help You Hedge Bank Exposure?
Modern Day Options Trading For Beginners! (Ad)pixel
The End of Coca Cola's Compressed Margins
Enphase Energy is Still a Buy for Long-Term Growth Investors
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.80
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Deal for UBS to buy Credit Suisse sends shares tumbling
Gunmen kill 9 Chinese at mine in Central African Republic
Modern Day Options Trading For Beginners! (Ad)pixel
Niinistö: Sweden security OK if Finland joins NATO first
Which Gold Stocks Can Help You Hedge Bank Exposure?
Modern Day Options Trading For Beginners! (Ad)pixel
The End of Coca Cola's Compressed Margins
Enphase Energy is Still a Buy for Long-Term Growth Investors
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.80
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Deal for UBS to buy Credit Suisse sends shares tumbling
Gunmen kill 9 Chinese at mine in Central African Republic
Modern Day Options Trading For Beginners! (Ad)pixel
Niinistö: Sweden security OK if Finland joins NATO first
Which Gold Stocks Can Help You Hedge Bank Exposure?
Modern Day Options Trading For Beginners! (Ad)pixel
The End of Coca Cola's Compressed Margins
Enphase Energy is Still a Buy for Long-Term Growth Investors
NYSE:ALIT

Alight - ALIT Stock Forecast, Price & News

$8.66
-0.08 (-0.92%)
(As of 03/17/2023 06:40 PM ET)
Add
Compare
Today's Range
$8.52
$8.77
50-Day Range
$8.66
$10.01
52-Week Range
$6.31
$10.61
Volume
5.29 million shs
Average Volume
3.59 million shs
Market Capitalization
$4.83 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.50

Alight MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
55.9% Upside
$13.50 Price Target
Short Interest
Bearish
6.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Alight in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$248.78 M Sold Last Quarter
Proj. Earnings Growth
41.67%
From $0.36 to $0.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Computer And Technology Sector

252nd out of 608 stocks

Business Services, Not Elsewhere Classified Industry

42nd out of 93 stocks


ALIT stock logo

About Alight (NYSE:ALIT) Stock

Alight, Inc. operates as a cloud-based provider of integrated digital human capital and business solutions worldwide. It operates through three segments: Employer Solutions, Professional Services, and Hosted Business. The company's solutions enable employees to enrich their health, wealth, and wellbeing, which helps organizations achieve a high-performance culture. It offers employer solutions comprising integrated benefits administration, healthcare navigation, financial health, employee wellbeing, and payroll; and professional services, including cloud deployment and consulting offerings that provides human capital and financial platforms, as well as cloud advisory and deployment, and optimization services for cloud platforms, such as Workday, SAP SuccessFactors, Oracle, and Cornerstone OnDemand. Alight, Inc. was founded in 2017 and is headquartered in Lincolnshire, Illinois.

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ALIT Stock News Headlines

Alight Names Kausik Rajgopal to Board of Directors
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Alight Reports Fourth Quarter and Full Year 2022 Results
Denise Williams Joins Alight, Inc. Board of Directors
Alight to participate in the Needham Growth Conference
Alight Announces Pricing of Secondary Offering
Alight Announces Commencement of Secondary Offering
Alight Third Quarter 2022 Earnings: Beats Expectations
Recap: Alight Q3 Earnings
Alight Reports Third Quarter 2022 Results
Alight to Participate in Upcoming Investor Events
See More Headlines
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ALIT Company Calendar

Last Earnings
11/08/2021
Today
3/19/2023
Next Earnings (Estimated)
5/08/2023
Fiscal Year End
12/31/2023

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 Forecast
$13.50
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+55.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-62,000,000.00
Pretax Margin
-1.31%

Debt

Sales & Book Value

Annual Sales
$3.13 billion
Cash Flow
$1.00 per share
Book Value
$9.13 per share

Miscellaneous

Free Float
535,201,000
Market Cap
$4.83 billion
Optionable
Optionable
Beta
0.71

Key Executives

  • Mr. Stephan D. Scholl (Age 52)
    CEO & Director
    Comp: $2.43M
  • Ms. Cathinka E. Wahlstrom (Age 57)
    Pres & Chief Commercial Officer
    Comp: $1.76M
  • Ms. Katie Boehm-J. Rooney (Age 44)
    Chief Financial Officer
    Comp: $1.02M
  • Mr. Gregory R. Goff (Age 52)
    Chief Technology & Delivery Officer
    Comp: $800.76k
  • Mr. Cesar Jelvez (Age 49)
    Chief Professional Services & Global Payroll Officer
    Comp: $844.1k
  • Mr. Gregory Faje
    VP of Investor Relations
  • Ms. Kelley Michalik
    Chief Marketing Officer
  • Mr. Michael J. Rogers (Age 40)
    Chief HR Officer
  • Mr. Dinesh V. Tulsiani (Age 48)
    Chief Strategy Officer
  • Ms. Paulette R. Dodson (Age 59)
    Corp. Sec.













ALIT Stock - Frequently Asked Questions

Should I buy or sell Alight stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alight in the last year. There are currently 5 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 forecast for 2023?

5 Wall Street research analysts have issued 1-year target prices for Alight's shares. Their ALIT share price forecasts range from $12.00 to $16.00. On average, they predict the company's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 55.9% 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 2023?

Alight's stock was trading at $8.36 at the start of the year. Since then, ALIT shares have increased by 3.6% and is now trading at $8.66.
View the best growth stocks for 2023 here
.

Are investors shorting Alight?

Alight saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 19,460,000 shares, an increase of 8.0% from the February 13th total of 18,020,000 shares. Based on an average daily trading volume, of 3,060,000 shares, the days-to-cover ratio is presently 6.4 days. Approximately 6.3% of the company's shares 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 Monday, May 8th 2023.
View our ALIT earnings forecast
.

How were Alight's earnings last quarter?

Alight, Inc. (NYSE:ALIT) released its quarterly earnings data on Monday, November, 8th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. The business earned $690 million during the quarter. Alight had a negative net margin of 1.98% and a positive trailing twelve-month return on equity of 3.56%.

What guidance has Alight issued on next quarter's earnings?

Alight updated its FY 2023 earnings guidance on Tuesday, February, 21st. The company provided earnings per share (EPS) guidance of $0.62-$0.67 for the period, compared to the consensus earnings per share estimate of $0.69. The company issued revenue guidance of $3.47 billion-$3.51 billion, compared to the consensus revenue estimate of $3.37 billion.

When did Alight IPO?

(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.

What is Alight's stock symbol?

Alight trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALIT."

Who are Alight's major shareholders?

Alight's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FPR Partners LLC (5.80%), ArrowMark Colorado Holdings LLC (4.72%), New Mountain Capital L.L.C. (4.54%), DAVENPORT & Co LLC (2.17%), River Road Asset Management LLC (1.61%) and Glenview Capital Management LLC (1.41%). Insiders that own company stock include Holdings I/Ii Gp L Blackstone, Holdings LP Blackstone III, Richard N Massey 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Alight's stock price today?

One share of ALIT stock can currently be purchased for approximately $8.66.

How much money does Alight make?

Alight (NYSE:ALIT) has a market capitalization of $4.83 billion and generates $3.13 billion in revenue each year. The company earns $-62,000,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis.

How many employees does Alight have?

The company employs 18,000 workers across the globe.

How can I contact Alight?

Alight's mailing address is 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV, 89134. The official website for the company is alight.com. The company can be reached via phone at 224-737-7000 or via email at investor.relations@alight.com.

This page (NYSE:ALIT) was last updated on 3/20/2023 by MarketBeat.com Staff