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Alight (ALIT)
NYSE:ALIT
Holding ALIT?
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ALIT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.15 - $10.38
Previous CloseN/A
Volume1.97M
Average Volume (3M)5.06M
Market Cap
$3.76B
Enterprise Value$5.57B
Total Cash (Recent Filing)$218.00M
Total Debt (Recent Filing)$3.97B
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Feb 19, 2025EPS Estimate
0.23Last Dividend Ex-Date
Dec 02, 2024Dividend Yield0.58%
Share Statistics
EPS (TTM)-0.47
Shares Outstanding532,506,350
10 Day Avg. Volume4,682,894
30 Day Avg. Volume5,061,946
Standard Deviation0.09
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.44
Price to Cash Flow (P/CF)-39.20
P/FCF Ratio0.00
Enterprise Value/Market Cap1.48
Enterprise Value/Revenue2.13
Enterprise Value/Gross Profit4.88
Enterprise Value/Ebitda57.40
Forecast
1Y Price Target
$10.56Price Target Upside54.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Alight News
PremiumCompany Announcements
Alight Announces Leadership Changes and New Appointments
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAlight's Q3 results came in better than expected as both recurring and non-recurring exceeded management's expectations.
Leadership And GrowthThe appointment of Dave Guilmette as CEO is seen as encouraging, as he is committed to driving profitable growth.
Shareholder ValueALIT announced that the Board has approved a new quarterly dividend, with the initial dividend implying a ~2% yield based on current levels.
Bears Say
Regulatory ChangesThe upcoming change in administration could have a modest negative impact to ALIT depending on the magnitude of cuts that the 'Department of Government Efficiency' is able to push through.
Share SaleDNB Holdco LLC filed a Form 144 with the SEC to register for sale 12.0M shares of Alight.
Stock PerformanceRecent stock underperformance, down approximately 12% since the election, outstrips the current fundamental risk.
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Ownership Overview
4.91% Insiders
25.38% Mutual Funds
0.30% Other Institutional Investors
55.15% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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?
Alight’s market cap is $3.76B.
When is Alight’s upcoming earnings report date?
Alight’s upcoming earnings report date is Feb 19, 2025 which is in 17 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 0.58%. 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:
$10.56 (54.16% Upside)
$10.56 (54.16% Upside)
Blogger Sentiment
Bullish
ALIT Sentiment 66%
Sector Average 67%
Sector Average 67%
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
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.17%
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
$10.56
▲(54.16% Upside)
Technical Analysis
Best Analysts Covering ALIT
1 Year
1 Year Success Rate
3/16 ratings generated profit
1 Year Average Return
-7.89%
reiterated a buy rating 24 days ago
Copying Kyle Peterson's trades and holding each position for 1 Year would result in 18.75% of your transactions generating a profit, with an average return of -7.89% per trade.
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