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S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Critical asset just had biggest fall on record (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Critical asset just had biggest fall on record (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Critical asset just had biggest fall on record (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
NYSE:ALIT

Alight (ALIT) Stock Price, News & Analysis

$9.30
-0.28 (-2.92%)
(As of 02/21/2024 ET)
Today's Range
$8.46
$9.76
50-Day Range
$8.08
$9.61
52-Week Range
$6.33
$10.19
Volume
33.51 million shs
Average Volume
7.27 million shs
Market Capitalization
$5.14 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.63

Alight MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.6% Upside
$12.14 Price Target
Short Interest
Bearish
5.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Alight in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$63,900 Sold Last Quarter
Proj. Earnings Growth
11.90%
From $0.42 to $0.47 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.

3.92 out of 5 stars

Computer And Technology Sector

137th out of 578 stocks

Business Services, Not Elsewhere Classified Industry

24th out of 86 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 Employer Solutions, Professional Services, and Hosted Business segments. 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 Hosted Business segment provides hosting and management of human capital management software, as well as offers HR and payroll services. Its solutions enable employees to enrich their health, wealth, and wellbeing that helps organizations achieve a high-performance culture. The company is based in Lincolnshire, Illinois.

ALIT Stock Price History

ALIT Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Alight Group Q4 Earnings - Update
Alight Reports Fourth Quarter and Full Year 2023 Results
Alight Reports Fourth Quarter and Full Year 2023 Results
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Alight Q4 2023 Earnings Preview
Alight (ALIT) to Release Quarterly Earnings on Wednesday
ALIT May 2024 11.000 call
ALIT Aug 2024 11.000 call
ALIT Aug 2024 15.000 call
Stock (DAY), Quotes and News Summary
Alight: Time To Buy, But Volatility Risks Not Excluded
What Makes Alight (ALIT) a Worthy Investment?
See More Headlines
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Company Calendar

Last Earnings
11/08/2021
Today
2/22/2024
Next Earnings (Estimated)
5/07/2024
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
$12.14
High Stock Price Target
$13.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+35.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$-62,000,000.00
Pretax Margin
-5.10%

Debt

Sales & Book Value

Annual Sales
$3.13 billion
Cash Flow
$0.98 per share
Book Value
$9.13 per share

Miscellaneous

Free Float
532,690,000
Market Cap
$5.14 billion
Optionable
Optionable
Beta
0.92
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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 Chief Financial Officer
    Comp: $973.33k
  • Mr. Gregory R. Goff (Age 53)
    Chief Technology & Delivery Officer
    Comp: $817.93k
  • Mr. Cesar Jelvez (Age 50)
    Chief Professional Services & Global Payroll Officer
    Comp: $820.08k
  • Mr. Dinesh V. Tulsiani (Age 50)
    Chief Strategy Officer
    Comp: $767.11k
  • Mr. Martin T. Felli (Age 56)
    Chief Legal Officer & Corporate Secretary
  • Mr. Michael J. Rogers (Age 42)
    Chief Human Resources Officer
  • Mr. Gregory George
    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?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alight in the last twelve months. There are currently 8 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?

8 brokers have issued twelve-month price targets for Alight's shares. Their ALIT share price targets range from $11.00 to $13.00. On average, they anticipate the company's share price to reach $12.14 in the next year. This suggests a possible upside of 30.6% 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 9.0% and is now trading at $9.30.
View the best growth stocks for 2024 here
.

Are investors shorting Alight?

Alight saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 19,530,000 shares, an increase of 8.4% from the January 15th total of 18,010,000 shares. Based on an average daily trading volume, of 5,440,000 shares, the short-interest ratio is presently 3.6 days. Approximately 5.3% 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 Tuesday, May 7th 2024.
View our ALIT earnings forecast
.

How were Alight's earnings last quarter?

Alight, Inc. (NYSE:ALIT) issued its earnings results on Monday, November, 8th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.05. The firm had revenue of $690 million for the quarter. Alight had a negative net margin of 7.31% and a positive trailing twelve-month return on equity of 3.66%.

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 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?

(ALIT) raised $752 million in an initial public offering (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 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.37%), Fidelity National Financial Inc. (4.03%), Glenview Capital Management LLC (3.29%), Blackstone Inc. (2.97%), Dimensional Fund Advisors LP (2.20%) and DAVENPORT & Co LLC (2.18%). Insiders that own company stock include Holdings I/Ii Gp L Blackstone, Holdings LP Blackstone III, Katie J Rooney, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ALIT) was last updated on 2/22/2024 by MarketBeat.com Staff