S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
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The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
NYSE:ALIT

Alight - ALIT Stock Forecast, Price & News

$9.47
+0.02 (+0.21%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$9.33
$9.53
50-Day Range
$8.07
$9.47
52-Week Range
$6.31
$11.10
Volume
1.36 million shs
Average Volume
1.86 million shs
Market Capitalization
$5.26 billion
P/E Ratio
59.19
Dividend Yield
N/A
Price Target
$12.86

Alight MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
35.8% Upside
$12.86 Price Target
Short Interest
Bearish
5.63% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$141.41 M Sold Last Quarter
Proj. Earnings Growth
35.48%
From $0.31 to $0.42 Per Share

Overall MarketRank

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

2.62 out of 5 stars

Computer And Technology Sector

109th out of 634 stocks

Business Services, Not Elsewhere Classified Industry

20th out of 100 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 (NYSE:ALIT) Shares Gap Down to $8.84
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Alight to participate in the Needham Growth Conference
Alight Announces Pricing of Secondary Offering
Alight Announces Commencement of Secondary Offering
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Alight Third Quarter 2022 Earnings: Beats Expectations
Recap: Alight Q3 Earnings
Alight Reports Third Quarter 2022 Results
Alight to Participate in Upcoming Investor Events
Alight to Announce Third Quarter 2022 Results
See More Headlines
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ALIT Company Calendar

Last Earnings
11/03/2022
Today
1/28/2023
Next Earnings (Estimated)
2/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
16,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.86
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+35.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-60,000,000.00
Pretax Margin
2.06%

Debt

Sales & Book Value

Annual Sales
$2.92 billion
Cash Flow
$0.48 per share
Book Value
$8.85 per share

Miscellaneous

Free Float
533,736,000
Market Cap
$5.26 billion
Optionable
Optionable
Beta
0.67

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 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 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 equities research analysts have issued 1-year target prices for Alight's stock. Their ALIT share price forecasts range from $10.00 to $15.00. On average, they anticipate the company's stock price to reach $12.86 in the next year. This suggests a possible upside of 35.8% 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 13.3% and is now trading at $9.47.
View the best growth stocks for 2023 here
.

When is Alight's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our ALIT earnings forecast
.

How were Alight's earnings last quarter?

Alight, Inc. (NYSE:ALIT) posted its earnings results on Thursday, November, 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The company had revenue of $750 million for the quarter, compared to analysts' expectations of $737.57 million. Alight had a net margin of 2.46% and a trailing twelve-month return on equity of 3.65%. The firm's revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 earnings per share.

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

Alight issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $0.54-$0.60 for the period, compared to the consensus estimate of $0.49. The company issued revenue guidance of $3.09 billion-$3.12 billion, compared to the consensus revenue estimate of $3.10 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 DAVENPORT & Co LLC (2.17%), Wedge Capital Management L L P NC (0.40%), Sycomore Asset Management (0.14%), Comerica Bank (0.11%), Phocas Financial Corp. (0.09%) and Natixis Advisors L.P. (0.03%). 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 $9.47.

How much money does Alight make?

Alight (NYSE:ALIT) has a market capitalization of $5.26 billion and generates $2.92 billion in revenue each year. The company earns $-60,000,000.00 in net income (profit) each year or $0.16 on an earnings per share basis.

How many employees does Alight have?

The company employs 16,000 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 1/28/2023 by MarketBeat.com Staff