AlightALIT
ALIT
About: Alight Inc is a technology-enabled services company delivering human capital management solutions to many of complex organizations. This includes the implementation and administration of employee benefits (e.g., health, wealth and leaves benefits) solutions, currently operates under one reportable segment, Employer Solutions. The Company completed the Divestiture of Alight's Professional Services segment and Alight's Payroll & HCM Outsourcing business within the Employer Solutions segment. The company operates in USA states and International market too.
Employees: 9,500
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
458% more call options, than puts
Call options by funds: $7.91M | Put options by funds: $1.42M
32% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 41
27% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 73
10% more funds holding in top 10
Funds holding in top 10: 20 [Q3] → 22 (+2) [Q4]
3.49% more ownership
Funds ownership: 102.17% [Q3] → 105.66% (+3.49%) [Q4]
3% more funds holding
Funds holding: 239 [Q3] → 247 (+8) [Q4]
4% less capital invested
Capital invested by funds: $4.05B [Q3] → $3.89B (-$155M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$9
55%
upside
Avg. target
$10
72%
upside
High target
$11
89%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
DA Davidson Peter Heckmann 51% 1-year accuracy 24 / 47 met price target | 72%upside $10 | Buy Maintained | 26 Mar 2025 |
Wedbush Daniel Ives 52% 1-year accuracy 65 / 124 met price target | 89%upside $11 | Outperform Reiterated | 25 Mar 2025 |
Needham Kyle Peterson 35% 1-year accuracy 21 / 60 met price target | 55%upside $9 | Buy Reiterated | 24 Mar 2025 |
Financial journalist opinion
Based on 3 articles about ALIT published over the past 30 days
Positive
Seeking Alpha
1 day ago
Alight: Turning Around The Corner
Alight's stock has declined 26%, but management's focus on free cash flow and business simplification suggests a potential turning point. Management's efforts in cloud migration, recurring revenue growth, and AI enhancements in the Alight Worklife platform show promising signs of future profitability and efficiency. The ambitious goal of accumulating $1 billion in free cash flow by 2027 boosts confidence in Alight's turnaround potential.
Neutral
Business Wire
1 week ago
Alight Introduces Mid-Term Targets at Investor Day
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital and technology-enabled services provider, today hosted an investor day. During the event, Alight's executives presented the Company's strategy and issued mid-term financial targets. In addition, the Company hosted panels with Alight clients and third-party evaluators. Clients discussed how they work with the Company to care for the wellbeing of their employees to keep them financially secur.
Neutral
Business Wire
3 weeks ago
Alight to Host Investor Day
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital and technology-enabled services provider, today announced that it will host an Investor Day on March 20, 2025, beginning at 8:30am CT. The event will feature presentations, panels and Q&A led by Alight's management team and will be publicly available via live webcast and replay on the investor relations section of the Company's website, under Events & Presentations. About Alight Sol.
Neutral
Seeking Alpha
1 month ago
Alight, Inc. (ALIT) Q4 2024 Earnings Call Transcript
Alight, Inc. (NYSE:ALIT ) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Dave Guilmette - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham & Company Kevin McVeigh - UBS Scott Schoenhaus - KeyBanc Capital Markets Tien-Tsin Huang - JPMorgan Peter Heckmann - D.A. Davidson Pete Christiansen - Citi Joseph Vafi - Canaccord Genuity Operator Good morning, and thank you for holding.
Negative
Zacks Investment Research
1 month ago
Alight, Inc. (ALIT) Misses Q4 Earnings Estimates
Alight, Inc. (ALIT) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.
Neutral
Business Wire
1 month ago
Alight Reports Fourth Quarter and Full Year 2024 Results
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology-enabled services provider, today reported results for the fourth quarter and full year ended December 31, 2024. “Alight concluded a transformative year on a strong note, with fourth quarter results that met expectations and included recurring revenue expansion and strong cash flow,” said CEO Dave Guilmette. “We enter 2025 as a market-leading, technology-enabled services provider with a simpli.
Neutral
Business Wire
1 month ago
Alight Announces Board Leadership Transition
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital and technology-enabled services provider, today announced that its Board of Directors (the “Board”) appointed Russell (Russ) P. Fradin as its Chairman of the Board of Directors, succeeding William P. Foley, II, who will continue to serve as a board member, effective March 1, 2025. In addition, Robert (Rob) Schriesheim, Robert (Bob) Lopes, Jr., and Mike Hayes have been appointed to the Compa.
Neutral
Business Wire
1 month ago
Alight Declares Quarterly Cash Dividend
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”), a leading cloud-based human capital and technology-enabled services provider, today announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share on outstanding Class A Common Stock, payable on March 17th, 2025 to shareholders of record as of the close of business on March 3rd, 2025. About Alight Solutions Alight is a leading cloud-based human capital technology and services provider for many.
Neutral
Business Wire
1 month ago
Alight to Announce Fourth Quarter and Full Year 2024 Results
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”) today announced it will release fourth quarter and full year 2024 earnings results before market open on Thursday, February 20, 2025, and management will subsequently discuss the results on a webcast at 8:30 a.m. ET. The webcast and a presentation of financial information will be publicly available at Events & Presentations. Details of Webcast: Date: Thursday, February 20, 2025 Time: 8:30 a.m. ET Webcast and replay: Events &.
Neutral
Business Wire
1 month ago
Alight Announces New Release of Alight Worklife®, Elevating Employee Experience and Benefits Management
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”), a leading cloud-based human capital and technology-enabled services provider, today announced the first major release of Alight Worklife® for 2025. The release enhances Alight's core health, wealth, wellbeing, navigation, and absence management solutions, transforming employee benefits interactions and strengthening the Alight Benefits Advantage™ value proposition for employers. “As a technology-enabled services company, Alight is.
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