NYSE:ALIT Alight (ALIT) Stock Price, News & Analysis $7.65 +0.18 (+2.41%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$7.53▼$7.7550-Day Range$6.96▼$8.3652-Week Range$6.33▼$10.38Volume4.33 million shsAverage Volume5.15 million shsMarket Capitalization$4.30 billionP/E RatioN/ADividend YieldN/APrice Target$11.61 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Alight alerts: Email Address Alight MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.8% Upside$11.61 Price TargetShort InterestBearish8.11% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.01Based on 5 Articles This WeekInsider TradingSelling Shares$340,221 Sold Last QuarterProj. Earnings Growth28.85%From $0.52 to $0.67 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.4.14 out of 5 starsComputer And Technology Sector171st out of 612 stocksBusiness Services, Not Elsewhere Classified Industry31st out of 93 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 9 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAlight has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Alight's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.11% of the float of Alight has been sold short.Short Interest Ratio / Days to CoverAlight has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in Alight has recently increased by 6.87%, indicating that investor sentiment is decreasing 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 3.3 News and Social Media Coverage News SentimentAlight has a news sentiment score of 1.01. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Alight this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for ALIT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Alight to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 $340,221.00 in company stock.Percentage Held by InsidersOnly 5.33% 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.Read more about Alight's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Alight are expected to grow by 28.85% in the coming year, from $0.52 to $0.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alight is -12.34, 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 -12.34, 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 1.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlight has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Alight's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report 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 HeadlinesJuly 11, 2024 | insidertrades.comInsider Selling: Alight, Inc. (NYSE:ALIT) COO Sells 47,851 Shares of StockJuly 21, 2024 | americanbankingnews.comAlight Sees Unusually Large Options Volume (NYSE:ALIT)July 27, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 19, 2024 | insidermonkey.comIs Starboard Value LP Targeting Alight, Inc. (ALIT) Right Now?July 17, 2024 | americanbankingnews.comShort Interest in Alight, Inc. (NYSE:ALIT) Increases By 17.6%July 11, 2024 | seekingalpha.comAlight: Rate Of Capital Deployment Likely Won't Unlock Economic ValueJune 18, 2024 | businesswire.comAlight Announces $75 Million Accelerated Share Repurchase AgreementJune 13, 2024 | businesswire.comKörber Business Area Supply Chain: Edward Auriemma becomes new CEO of Business Unit SoftwareJuly 27, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.June 6, 2024 | businesswire.comAlight Releases 2024 Global Impact Report Highlighting ESG Performance and ProgressMay 23, 2024 | finance.yahoo.comFavourable Signals For Alight: Numerous Insiders Acquired StockMay 22, 2024 | proactiveinvestors.comUrban Outfitters' off-brand sales growth sets shares alightMay 13, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Telos (TLS) and Alight (ALIT)May 13, 2024 | businesswire.comAlight to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications ConferenceMay 11, 2024 | markets.businessinsider.comWedbush Keeps Their Buy Rating on Alight (ALIT)May 10, 2024 | markets.businessinsider.comAlight’s Strategic Focus on BPaaS and Divestiture Plan Underpin Buy RatingMay 9, 2024 | finance.yahoo.comAlight, Inc. (NYSE:ALIT) Q1 2024 Earnings Call TranscriptMay 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: International Money Express (IMXI), Alight (ALIT) and Affirm Holdings (AFRM)See 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 Earnings5/08/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal 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$11.61 High Stock Price Target$13.00 Low Stock Price Target$9.50 Potential Upside/Downside+51.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.62) Trailing P/E RatioN/A Forward P/E Ratio14.71 P/E Growth1.44Net Income$-345,000,000.00 Net Margins-9.19% Pretax Margin-11.99% Return on Equity5.14% Return on Assets2.28% Debt Debt-to-Equity Ratio0.61 Current Ratio1.57 Quick Ratio1.57 Sales & Book Value Annual Sales$3.38 billion Price / Sales1.27 Cash Flow$1.54 per share Price / Cash Flow4.97 Book Value$8.57 per share Price / Book0.89Miscellaneous Outstanding Shares561,490,000Free Float531,563,000Market Cap$4.30 billion OptionableOptionable Beta0.87 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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 CompetitorsRB GlobalNYSE:RBAAkamai TechnologiesNASDAQ:AKAMGrabNASDAQ:GRABZillow GroupNASDAQ:ZZillow GroupNASDAQ:ZGView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 1,795,830 shares on 7/26/2024Ownership: 0.637%Nisa Investment Advisors LLCBought 2,961 shares on 7/20/2024Ownership: 0.001%Wedge Capital Management L L P NCBought 76,485 shares on 7/17/2024Ownership: 0.104%SG Americas Securities LLCSold 22,955 shares on 7/12/2024Ownership: 0.005%Katie J RooneySold 47,851 sharesTotal: $340,220.61 ($7.11/share)View All Insider TransactionsView All Institutional Transactions ALIT Stock Analysis - Frequently Asked Questions How have ALIT shares performed this year? Alight's stock was trading at $8.53 on January 1st, 2024. Since then, ALIT stock has decreased by 10.3% and is now trading at $7.65. View the best growth stocks for 2024 here. How were Alight's earnings last quarter? Alight, Inc. (NYSE:ALIT) released its quarterly earnings results on Wednesday, May, 8th. The company reported $0.07 EPS for the quarter, hitting analysts' consensus estimates of $0.07. The firm earned $816 million during the quarter, compared to analyst estimates of $832.41 million. Alight had a negative net margin of 9.19% and a positive trailing twelve-month return on equity of 5.14%. When did Alight IPO? Alight (ALIT) raised $752 million in an initial public offering (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? Top institutional investors of Alight include Bank of New York Mellon Corp (0.64%), Wedge Capital Management L L P NC (0.10%), SG Americas Securities LLC and Nisa Investment Advisors LLC. Insiders that own company stock include Stephan Scholl, Katie J Rooney, Richard N Massey, Dinesh V Tulsiani, Holdings I/Ii Gp L Blackstone, Holdings LP Blackstone III 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 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | SponsoredGet out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all...Stansberry Research | SponsoredGrab a pen and write down this ticker - here's whyA megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredThe #1 Crypto for 2024 (3 Cent Coin)Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | Sponsored 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. Share Alight With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free ALIT Stock Alerts