Top-Rated StocksTop-RatedNYSE:ALIT Alight (ALIT) Stock Price, News & Analysis $7.16 -0.03 (-0.42%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$7.07▼$7.3450-Day Range$6.52▼$7.6552-Week Range$6.15▼$10.38Volume6.39 million shsAverage Volume6.08 million shsMarket Capitalization$4.02 billionP/E RatioN/ADividend YieldN/APrice Target$10.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Alight alerts: Email Address Alight MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.90 Rating ScoreUpside/Downside50.1% Upside$10.75 Price TargetShort InterestBearish7.99% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 5 Articles This WeekInsider TradingSelling Shares$340,221 Sold Last QuarterProj. Earnings Growth11.90%From $0.42 to $0.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.87 out of 5 starsComputer And Technology Sector221st out of 594 stocksBusiness Services, Not Elsewhere Classified Industry38th out of 91 stocks 4.5 Analyst's Opinion Consensus RatingAlight has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAlight has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Alight's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.99% of the float of Alight has been sold short.Short Interest Ratio / Days to CoverAlight has a short interest ratio ("days to cover") of 7.1.Change versus previous monthShort interest in Alight has recently decreased by 4.56%, indicating that investor sentiment is improving. 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 3.0 News and Social Media Coverage News SentimentAlight has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Alight this week, compared to 4 articles on an average week.Search Interest8 people have searched for ALIT on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows3 people have added Alight to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 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 $340,221.00 in company stock.Percentage Held by InsidersOnly 5.33% of the stock of Alight is held by insiders.Percentage Held by Institutions96.74% of the stock of Alight is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Alight's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Alight are expected to grow by 11.90% in the coming year, from $0.42 to $0.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alight is -11.55, 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 -11.55, 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 1.77. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlight has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Alight's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video About Alight Stock (NYSE:ALIT)Alight, Inc. provides cloud-based integrated digital human capital and business solutions worldwide. The company operates through two segments, Employer Solutions and Professional Services. The Employer Solutions segment offers employee wellbeing, integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, retiree healthcare and payroll; and operates AI-led capabilities software. The Professional Services segment offers consulting offerings, such as cloud advisory, deployment, and optimization services for cloud platforms. The company provides Alight Worklife, an intuitive, cloud-based employee engagement platform. Its solutions enable employees to enrich their health, wealth, and wellbeing that helps organizations achieve a high-performance culture. Alight, Inc. was founded in 2020 and is based in Lincolnshire, Illinois.Read More ALIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALIT Stock News HeadlinesSeptember 7 at 2:15 AM | americanbankingnews.comAlight, Inc. (NYSE:ALIT) Receives $10.75 Average Price Target from AnalystsSeptember 4 at 5:40 AM | finance.yahoo.comAlight to Participate in the Citi Global TMT ConferenceSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 31, 2024 | americanbankingnews.comCitigroup Lowers Alight (NYSE:ALIT) Price Target to $11.00August 30, 2024 | benzinga.comWhat Analysts Are Saying About Alight StockAugust 29, 2024 | msn.comImplied Volatility Surging for Alight (ALIT) Stock OptionsAugust 27, 2024 | markets.businessinsider.comBuy Rating Affirmed for Alight Under New CEO’s Strategic Leadership and Positive Business OutlookAugust 26, 2024 | markets.businessinsider.comAlight Appoints Dave Guilmette To Succeed Stephan Scholl As CEOSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 26, 2024 | msn.comHere's Why Alight (ALIT) Fell in Q2August 26, 2024 | finance.yahoo.comAlight Names Dave Guilmette as Chief Executive OfficerAugust 26, 2024 | msn.comHere’s Why Alight (ALIT) Fell in Q2August 21, 2024 | msn.comJP Morgan Downgrades Alight (ALIT)August 17, 2024 | seekingalpha.comCannae Holdings: Invest Along With Bill Foley At A Big Discount To NAVAugust 16, 2024 | msn.comFeared Activist Hedge Fund Starboard Value L.P. Pressures Alight, Inc. (ALIT)August 15, 2024 | ca.finance.yahoo.comHIG Dec 2024 105.000 putAugust 15, 2024 | ca.finance.yahoo.comHIG Mar 2025 105.000 putAugust 14, 2024 | insidermonkey.comAlight, Inc. (ALIT) Faces Activist Pressure By Starboard Value LPSee More Headlines 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 Company Calendar Last Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Business services, not elsewhere classified Sub-IndustryBusiness Services Current SymbolNYSE:ALIT CUSIPN/A CIK1809104 Webalight.com Phone224-737-7000FaxN/AEmployees18,000Year FoundedN/APrice Target and Rating Average Stock Price Target$10.75 High Stock Price Target$13.00 Low Stock Price Target$8.00 Potential Upside/Downside+50.0%Consensus RatingModerate Buy Rating Score (0-4)2.90 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.62) Trailing P/E RatioN/A Forward P/E Ratio17.06 P/E Growth1.77Net Income$-345,000,000.00 Net Margins-6.58% Pretax Margin-9.75% Return on Equity5.42% Return on Assets2.36% Debt Debt-to-Equity Ratio0.55 Current Ratio1.37 Quick Ratio1.37 Sales & Book Value Annual Sales$3.36 billion Price / Sales1.20 Cash Flow$1.45 per share Price / Cash Flow4.93 Book Value$8.19 per share Price / Book0.87Miscellaneous Outstanding Shares561,490,000Free Float531,563,000Market Cap$4.02 billion OptionableOptionable Beta0.86 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Stephan D. Scholl (Age 53)CEO & Director Comp: $2.27MMs. Katie Boehm-J. Rooney (Age 45)Global CFO & COO Comp: $973.33kMr. Gregory R. Goff (Age 53)Chief Technology & Delivery Officer Comp: $817.93kMr. Cesar Jelvez (Age 49)Chief Professional Services & Global Payroll Officer Comp: $820.08kMr. Dinesh V. Tulsiani (Age 49)Chief Strategy Officer Comp: $767.11kMr. Martin T. Felli (Age 56)Chief Legal Officer & Corporate Secretary Mr. Michael J. Rogers (Age 41)Chief Human Resources Officer Mr. Gregory A. George (Age 53)Chief Commercial Officer of North America Mr. Jeremy HeatonOperating Chief Financial OfficerMore ExecutivesKey CompetitorsRentokil InitialNYSE:RTORB GlobalNYSE:RBAFTAI AviationNYSE:FTAIZillow GroupNASDAQ:ZGrabNASDAQ:GRABView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 108,900 shares on 8/19/2024Ownership: 0.019%Clearline Capital LPBought 783,652 shares on 8/16/2024Ownership: 0.936%Creative PlanningBought 28,114 shares on 8/16/2024Ownership: 0.014%Susquehanna International Group LLPSold 224,900 shares on 8/16/2024Ownership: 0.000%Algert Global LLCBought 38,581 shares on 8/16/2024Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions ALIT Stock Analysis - Frequently Asked Questions How have ALIT shares performed this year? Alight's stock was trading at $8.53 on January 1st, 2024. Since then, ALIT stock has decreased by 16.1% and is now trading at $7.16. View the best growth stocks for 2024 here. How were Alight's earnings last quarter? Alight, Inc. (NYSE:ALIT) posted its quarterly earnings results on Tuesday, August, 6th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. The firm earned $787 million during the quarter, compared to the consensus estimate of $791.22 million. Alight had a negative net margin of 6.58% and a positive trailing twelve-month return on equity of 5.42%. When did Alight IPO? Alight (ALIT) raised $752 million in an initial public offering on Friday, March 22nd 2019. The company issued 32,000,000 shares at $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. Who are Alight's major shareholders? Top institutional shareholders of Alight include Dimensional Fund Advisors LP (3.75%), Empyrean Capital Partners LP (2.24%), DME Capital Management LP (1.97%) and Rubric Capital Management LP (1.50%). Insiders that own company stock include Stephan Scholl, Katie J Rooney, Richard N Massey, Dinesh V Tulsiani, Holdings I/Ii Gp L Blackstone, Holdings LP Blackstone III 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ALIT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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