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Alight (ALIT)
NYSE:ALIT
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ALIT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.15 - $10.38
Previous Close$6.76
Volume10.05M
Average Volume (3M)4.98M
Market Cap
$3.67B
Enterprise Value$5.41B
Total Cash (Recent Filing)$300.00M
Total Debt (Recent Filing)$2.03B
Price to Earnings (P/E)―
Beta1.16
Next Earnings
Feb 19, 2025EPS Estimate
$0.23Last Dividend Ex-Date
Dec 02, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding543,024,386
10 Day Avg. Volume9,753,020
30 Day Avg. Volume4,978,882
Standard Deviation0.09
R-Squared0.27
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.86
Price to Sales (P/S)1.41
Price to Cash Flow (P/CF)-38.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit4.74
Enterprise Value/Ebitda55.73
Forecast
1Y Price Target
$11.17Price Target Upside62.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Alight News
PremiumCompany Announcements
Alight Announces Leadership Changes and New Appointments
Bulls Say, Bears Say
Bulls Say
Corporate StrategyThe appointment of Dave Guilmette as CEO is seen as encouraging, as he is committed to driving profitable growth.
Financial PerformanceAlight's Q3 results came in better than expected as both recurring and non-recurring exceeded management's expectations.
Shareholder ValueThe announcement of a new quarterly dividend, with an initial yield of approximately 2%, combined with a commitment to share repurchases, is viewed as an effective way to return capital to shareholders and maximize shareholder value.
Bears Say
Stock Price VolatilityShares of Alight experienced a significant decline in early trading, suggesting volatility and potential investor concerns.
Stock SaleDNB Holdco LLC has registered to sell 12 million shares of Alight, indicating potential insider selling pressure.
Weak RevenueProject-based services revenue is experiencing continued weakness, affecting a segment of the company's overall revenue.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ALIT FAQ
What was Alight’s price range in the past 12 months?
Alight lowest stock price was $6.15 and its highest was $10.38 in the past 12 months.
What is Alight’s market cap?
Currently, no data Available
When is Alight’s upcoming earnings report date?
Alight’s upcoming earnings report date is Feb 19, 2025 which is in 60 days.
How were Alight’s earnings last quarter?
Alight released its earnings results on Nov 12, 2024. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.088 by $0.002.
Is Alight overvalued?
According to Wall Street analysts Alight’s price is currently Undervalued.
Does Alight pay dividends?
Alight pays a Notavailable dividend of $0.039 which represents an annual dividend yield of N/A. See more information on Alight dividends here
What is Alight’s EPS estimate?
Alight’s EPS estimate is $0.23.
How many shares outstanding does Alight have?
Alight has 532,506,350 shares outstanding.
What happened to Alight’s price movement after its last earnings report?
Alight reported an EPS of $0.09 in its last earnings report, beating expectations of $0.088. Following the earnings report the stock price went up 13.477%.
Which hedge fund is a major shareholder of Alight?
Among the largest hedge funds holding Alight’s share is Starboard Value LP. It holds Alight’s shares valued at 321M.
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Alight Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$11.17 (62.83% Upside)
$11.17 (62.83% Upside)
Blogger Sentiment
Bullish
ALIT Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 14.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $43.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.54%
12-Months-Change
Fundamentals
Return on Equity
-5.65%
Trailing 12-Months
Asset Growth
-23.05%
Trailing 12-Months
Company Description
Alight
Foley Trasimene Acquisition Corp is a blank check company.
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ALIT Company Deck
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ALIT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call for ALIT showed a generally positive outlook with significant improvements in profitability and strategic wins. Key highlights include increased pipeline and win rates, successful cloud migration leading to cost savings, and the initiation of a dividend program. However, challenges remain with nonrecurring project revenue decline and minimal overall revenue growth.Read More>---
ALIT Stock 12 Month Forecast
Average Price Target
$11.17
▲(62.83% Upside)
Technical Analysis
Best Analysts Covering ALIT
1 Year
1 Year Success Rate
3/19 ratings generated profit
1 Year Average Return
-11.01%
reiterated a buy rating 17 days ago
Copying Peter Heckmann's trades and holding each position for 1 Year would result in 15.79% of your transactions generating a profit, with an average return of -11.01% per trade.
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