Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Alight (ALIT)
NYSE:ALIT
Alight (ALIT) Stock Price & Analysis
470 Followers
ALIT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.33 - $10.38
Previous Close$7.28
Volume527.11K
Average Volume (3M)5.87M
Market Cap
$4.04B
Enterprise Value$6.77B
Total Cash (Recent Filing)$358.00M
Total Debt (Recent Filing)$2.79B
Price to Earnings (P/E)―
Beta1.31
Next Earnings
Aug 06, 2024EPS Estimate
$0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.61
Shares Outstanding561,490,282
10 Day Avg. Volume4,002,991
30 Day Avg. Volume5,867,443
Standard Deviation0.09
R-Squared0.26
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-1.62
Price to Sales (P/S)1.23
Price to Cash Flow (P/CF)7.90
P/FCF Ratio8.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.99
Enterprise Value/Gross Profit5.54
Enterprise Value/Ebitda36.81
Forecast
1Y Price Target
$11.10Price Target Upside53.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Alight News
PremiumCompany Announcements
Alight Divests Units, Executives Exit, Assures Financial Goals
PremiumCompany Announcements
Alight Updates Investor Presentation Ahead of J.P. Morgan Conference
Bulls Say, Bears Say
Bulls Say
Recurring Revenue And Retention93% Recurring Revenue Business with +97% Net Revenue Retention.
Revenue StabilityFY24/FY25 revenue/EBITDA estimates are largely unchanged, indicating stability in the company's long-term prospects.
Strategic Business SaleRecent slide deck announced they are selling 3 business units to HIG Capital for $1.2B, allowing management to de-lever the balance sheet, buy back stock, and focus on higher margin/growth areas of the business.
Bears Say
Financial PerformanceALIT's 1Q results missed Street expectations on both the top and bottom line due to weakness in both the recurring and project-related revenue streams.
Revenue OutlookEstimates for ALIT are adjusted to reflect a more conservative trajectory for project-related revenue due to mixed macro conditions.
Sales ForecastLowering the sales outlook for ALIT due to challenging macro conditions causing delays in project-related revenue.
---
Ownership Overview
40.64% Insiders
23.18% Mutual Funds
15.24% Other Institutional Investors
20.94% 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.
---
ALIT FAQ
What was Alight’s price range in the past 12 months?
Alight lowest stock price was $6.33 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 Aug 06, 2024 which is in 15 days.
How were Alight’s earnings last quarter?
Alight released its earnings results on May 08, 2024. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.122 by $0.008.
Is Alight overvalued?
According to Wall Street analysts Alight’s price is currently Undervalued.
Does Alight pay dividends?
Alight does not currently pay dividends.
What is Alight’s EPS estimate?
Alight’s EPS estimate is $0.11.
How many shares outstanding does Alight have?
Alight has 541,046,000 shares outstanding.
What happened to Alight’s price movement after its last earnings report?
Alight reported an EPS of $0.13 in its last earnings report, beating expectations of $0.122. Following the earnings report the stock price went down -16.254%.
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 392M.
---
Alight Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$11.10 (53.21% Upside)
$11.10 (53.21% Upside)
Blogger Sentiment
Neutral
ALIT Sentiment 60%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 30.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.5%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.05%
12-Months-Change
Fundamentals
Return on Equity
-7.01%
Trailing 12-Months
Asset Growth
-1.86%
Trailing 12-Months
Company Description
Alight
Foley Trasimene Acquisition Corp is a blank check company.
---
ALIT Company Deck
---
ALIT Earnings Call
Q1 2024
0:00 / 0:00
---
ALIT Stock 12 Month Forecast
Average Price Target
$11.10
▲(53.21% Upside)
Technical Analysis
Broadridge Financial Solutions
―
Fidelity National Info
―
Pagseguro Digital
―
Exlservice Holdings
―
Best Analysts Covering ALIT
1 Year
1 Year Success Rate
2/12 ratings generated profit
1 Year Average Return
-7.27%
reiterated a buy rating 22 days ago
Copying Kyle Peterson's trades and holding each position for 1 Year would result in 16.67% of your transactions generating a profit, with an average return of -7.27% per trade.
---