NYSE:ALIT Alight - ALIT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $8.66 -0.08 (-0.92%) (As of 03/17/2023 06:40 PM ET) Add Compare Share Share Today's Range$8.52▼$8.7750-Day Range$8.66▼$10.0152-Week Range$6.31▼$10.61Volume5.29 million shsAverage Volume3.59 million shsMarket Capitalization$4.83 billionP/E RatioN/ADividend YieldN/APrice Target$13.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Alight MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside55.9% Upside$13.50 Price TargetShort InterestBearish6.27% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 4 Articles This WeekInsider TradingSelling Shares$248.78 M Sold Last QuarterProj. Earnings Growth41.67%From $0.36 to $0.51 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector252nd out of 608 stocksBusiness Services, Not Elsewhere Classified Industry42nd out of 93 stocks 3.5 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 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, Alight has a forecasted upside of 55.9% from its current price of $8.66.Amount of Analyst CoverageAlight has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.27% of the float of Alight has been sold short.Short Interest Ratio / Days to CoverAlight has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Alight has recently increased by 7.99%, 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 2.2 News and Social Media Coverage News SentimentAlight has a news sentiment score of 0.00. 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 lower news sentiment than the 0.36 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Alight this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ALIT on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.MarketBeat Follows1 people have added Alight to their MarketBeat watchlist in the last 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 $248,780,699.00 in company stock.Percentage Held by InsidersOnly 3.96% of the stock of Alight is held by insiders.Percentage Held by Institutions95.68% of the stock of Alight is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Alight are expected to grow by 41.67% in the coming year, from $0.36 to $0.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alight is -61.85, 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 -61.85, 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 1.60. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlight has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alight (NYSE:ALIT) StockAlight, 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.Read More 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 ALIT Stock News HeadlinesMarch 15, 2023 | businesswire.comAlight Names Kausik Rajgopal to Board of DirectorsMarch 15, 2023 | americanbankingnews.comAlight (NYSE:ALIT) Stock Rating Reaffirmed by Needham & Company LLCMarch 20, 2023 | Investor Place Media (Ad)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...March 6, 2023 | finance.yahoo.comAlight Announces Closing of Upsized Secondary Offering of Common Stock and Full Exercise of Over-Allotment OptionMarch 3, 2023 | finance.yahoo.comAlight to Participate in Morgan Stanley’s Technology, Media & Telecom ConferenceMarch 2, 2023 | tmcnet.comAlight expands integrated wellbeing capabilities with the latest release of Alight WorklifeMarch 2, 2023 | markets.businessinsider.comAlight Announces Upsize And Pricing Of Secondary Offering Of 46.00 Mln Shares At $9.00/shrMarch 1, 2023 | finance.yahoo.comAlight Announces Upsize and Pricing of Secondary OfferingMarch 20, 2023 | Investor Place Media (Ad)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...February 24, 2023 | finance.yahoo.comEarnings Update: Here's Why Analysts Just Lifted Their Alight, Inc. (NYSE:ALIT) Price Target To US$13.93February 21, 2023 | finance.yahoo.comAlight, Inc. (ALIT) Q4 Earnings and Revenues Surpass EstimatesFebruary 21, 2023 | finance.yahoo.comAlight Reports Fourth Quarter and Full Year 2022 ResultsFebruary 2, 2023 | finance.yahoo.comDenise Williams Joins Alight, Inc. Board of DirectorsJanuary 31, 2023 | finance.yahoo.comAlight to Announce Fourth Quarter and Full Year 2022 ResultsJanuary 17, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Alight (ALIT) Stock?January 10, 2023 | finance.yahoo.comAlight to participate in the Needham Growth ConferenceNovember 15, 2022 | finance.yahoo.comAlight Announces Full Exercise of Over-Allotment Option in Secondary OfferingNovember 15, 2022 | finance.yahoo.comAlight Announces Pricing of Secondary OfferingNovember 14, 2022 | finance.yahoo.comAlight Announces Commencement of Secondary OfferingNovember 14, 2022 | finance.yahoo.comAlight Expands Holistic Wellbeing Solutions with the Addition of Hinge Health and Quit Genius to Partner NetworkNovember 14, 2022 | finance.yahoo.comQuit Genius Joins the Alight Partner Network with Tobacco Cessation Benefit OfferingNovember 9, 2022 | finance.yahoo.comAlight Third Quarter 2022 Earnings: Beats ExpectationsNovember 4, 2022 | msn.comRecap: Alight Q3 EarningsNovember 3, 2022 | finance.yahoo.comAlight Reports Third Quarter 2022 ResultsNovember 3, 2022 | finance.yahoo.comAlight, Inc. (ALIT) Surpasses Q3 Earnings and Revenue EstimatesNovember 1, 2022 | finance.yahoo.comAlight to Participate in Upcoming Investor EventsOctober 21, 2022 | finance.yahoo.comThe Standard Partners with Alight Solutions to Expand Employee Benefits PortfolioSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 ALIT Company Calendar Last Earnings11/08/2021Today3/19/2023Next Earnings (Estimated)5/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:ALIT CUSIPN/A CIK1809104 Webalight.com Phone224-737-7000FaxN/AEmployees18,000Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.14) Trailing P/E RatioN/A Forward P/E Ratio24.06 P/E Growth1.61Net Income$-62,000,000.00 Net Margins-1.98% Pretax Margin-1.31% Return on Equity3.56% Return on Assets1.63% Debt Debt-to-Equity Ratio0.55 Current Ratio1.20 Quick Ratio1.20 Sales & Book Value Annual Sales$3.13 billion Price / Sales1.54 Cash Flow$1.00 per share Price / Cash Flow8.66 Book Value$9.13 per share Price / Book0.95Miscellaneous Outstanding Shares557,270,000Free Float535,201,000Market Cap$4.83 billion OptionableOptionable Beta0.71 Key ExecutivesMr. Stephan D. Scholl (Age 52)CEO & Director Comp: $2.43MMs. Cathinka E. Wahlstrom (Age 57)Pres & Chief Commercial Officer Comp: $1.76MMs. Katie Boehm-J. Rooney (Age 44)Chief Financial Officer Comp: $1.02MMr. Gregory R. Goff (Age 52)Chief Technology & Delivery Officer Comp: $800.76kMr. Cesar Jelvez (Age 49)Chief Professional Services & Global Payroll Officer Comp: $844.1kMr. Gregory FajeVP of Investor RelationsMs. Kelley MichalikChief Marketing OfficerMr. 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. More ExecutivesKey CompetitorsLyftNASDAQ:LYFTGetty ImagesNYSE:GETYPayaNASDAQ:PAYAZillow GroupNASDAQ:ZGAkamai TechnologiesNASDAQ:AKAMView All CompetitorsInsiders & InstitutionsHoldings I/Ii Gp L BlackstoneSold 28,562,652 sharesTotal: $248.78 M ($8.71/share)State of WyomingBought 7,062 shares on 2/16/2023Ownership: 0.001%MetLife Investment Management LLCSold 4,118 shares on 2/15/2023Ownership: 0.032%Boothbay Fund Management LLCBought 7,823 shares on 2/15/2023Ownership: 0.015%Mackenzie Financial CorpSold 1,105 shares on 2/15/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions 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 ETFs hold Alight's stock? ETFs with the largest weight of Alight (NYSE:ALIT) stock in their portfolio include iShares Russell 2000 Value ETF (IWN), First Trust Mid Cap Value AlphaDEX Fund (FNK), Convergence Long/Short Equity ETF (CLSE), First Trust Mid Cap Core AlphaDEX Fund (FNX), iShares Russell 2000 ETF (IWM), Global X Russell 2000 Covered Call ETF (RYLD) and ProShares Hedge Replication ETF (HDG).Dimensional US Small Cap Value ETF (DFSV). 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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