Alight, Inc. (ALIT)

NYSE: ALIT · Real-Time Price · USD
7.75
-0.03 (-0.39%)
At close: Nov 20, 2024, 4:00 PM
7.63
-0.12 (-1.55%)
After-hours: Nov 20, 2024, 6:44 PM EST
-0.39%
Market Cap 4.13B
Revenue (ttm) 3.36B
Net Income (ttm) -327.00M
Shares Out 533.07M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE 12.83
Dividend $0.16 (2.07%)
Ex-Dividend Date n/a
Volume 6,807,975
Open 7.83
Previous Close 7.78
Day's Range 7.61 - 7.83
52-Week Range 6.15 - 10.38
Beta 1.08
Analysts Strong Buy
Price Target 10.83 (+39.74%)
Earnings Date Nov 12, 2024

About 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 se... [Read more]

Sector Technology
Founded 2017
Employees 18,000
Stock Exchange NYSE
Ticker Symbol ALIT
Full Company Profile

Financial Performance

In 2023, Alight's revenue was $3.41 billion, an increase of 8.88% compared to the previous year's $3.13 billion. Losses were -$345.00 million, 456.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALIT stock is "Strong Buy." The 12-month stock price forecast is $10.83, which is an increase of 39.74% from the latest price.

Price Target
$10.83
(39.74% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams

CHICAGO--(BUSINESS WIRE)--Alight is integrating Alight Worklife® with Microsoft Teams, enabling seamless access to benefits and wellbeing info within the Teams platform.

Other symbols: IVA
2 days ago - Business Wire

These Analysts Boost Their Forecasts On Alight Following Strong Sales

Alight, Inc. ALIT reported better-than-expected third-quarter sales results and issued fourth-quarter adjusted EPS guidance with its midpoint above estimates on Tuesday.

7 days ago - Benzinga

Alight, Inc. (ALIT) Q3 2024 Earnings Call Transcript

Alight, Inc. (NYSE:ALIT) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Dave Guilmette - Chief Executive Officer Jeremy Hea...

8 days ago - Seeking Alpha

Alight Reports Third Quarter 2024 Results

CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the third quarter ended Septe...

8 days ago - Business Wire

Alight Study Reveals Workers Are Seeking Increased Support From Employers Amid Wellbeing Crisis

CHICAGO--(BUSINESS WIRE)--Amid economic instability, layoffs and increasing burnout, many workers are seeking support from their employers that extends beyond compensation, according to the 2024 Aligh...

20 days ago - Business Wire

Alight to Announce Third Quarter 2024 Results

CHICAGO--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release third quarter results before market open on Tuesday, November 12, 2024, and management will subsequently ...

22 days ago - Business Wire

Agilis Unveils PensionBuilder™: A Comprehensive Solution for Lifetime Retirement Income

Empowering participants to buy lifetime income at group pricing to create a "personal pension" BOSTON , Oct. 24, 2024 /PRNewswire/ -- As companies have shifted from traditional defined benefit pension...

27 days ago - PRNewsWire

Lyra Health Joins The Alight Partner Network To Expand Access to Workforce Mental Health

BURLINGAME, Calif.--(BUSINESS WIRE)--Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers and health plans, announced today its inclusion in the Alight Partn...

5 weeks ago - Business Wire

Alight expands Partner Network with the additions of Journey and Carrot Fertility

CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the expansion of its Alight Partner Network with the addition...

2 months ago - Business Wire

Alight Worklife® Enabled Over 100% ROI and Significant Cost Savings, Total Economic Impact Study Finds

CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the results of Forrester's Total Economic Impact™ study, Forr...

2 months ago - Business Wire

Alight to Participate in the Citi Global TMT Conference

CHICAGO--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its Chief Executive Officer, Dave Guilmette, ...

2 months ago - Business Wire

Alight Names Dave Guilmette as Chief Executive Officer

CHICAGO--(BUSINESS WIRE)--Alight Names Dave Guilmette as CEO. Company reiterates 2024 second half business outlook.

3 months ago - Business Wire

Alight Completes Cloud Migration Transformation, Delivering Enhanced Performance and Significant Cost Savings

CHICAGO--(BUSINESS WIRE)--Alight completes cloud migration transformation, delivering enhanced performance and significant cost savings.

3 months ago - Business Wire

Alight to Participate in the Canaccord Genuity 44th Annual Growth Conference

CHICAGO--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its President, Greg Goff, will present at the...

3 months ago - Business Wire

Alight, Inc. (ALIT) Q2 2024 Earnings Call Transcript

Alight, Inc. (NYSE:ALIT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, IR Stephan Scholl - CEO Jeremy Heaton - CFO Greg Goff - President Confere...

3 months ago - Seeking Alpha

Alight Reports Second Quarter 2024 Results

CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the second quarter ended June...

3 months ago - Business Wire

Alight Announces the Latest Release of Alight Worklife®

CHICAGO--(BUSINESS WIRE)--The second major release of Alight Worklife for 2024 increases efficiency, enhances the user experience and enables smarter benefits decisions.

3 months ago - Business Wire

Alight to Announce Second Quarter 2024 Results

CHICAGO--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release second quarter results before market open on Tuesday, August 6, 2024, and management will subsequently di...

4 months ago - Business Wire

Alight Completes Sale of Payroll and Professional Services Business

CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that it has closed the previously announced ...

4 months ago - Business Wire

Alight Announces $75 Million Accelerated Share Repurchase Agreement

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that it has entered into an accelerated...

5 months ago - Business Wire

Körber Business Area Supply Chain: Edward Auriemma becomes new CEO of Business Unit Software

HAMBURG, Germany & MINNEAPOLIS--(BUSINESS WIRE)--Edward Auriemma will join Körber on 08 July 2024 as the new Chief Executive Officer of Körber's supply chain software business, a joint venture with KK...

Other symbols: KKR
5 months ago - Business Wire

Alight Releases 2024 Global Impact Report Highlighting ESG Performance and Progress

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight's 2024 Global Impact Report showcases company progress and plans across its key environmental, social and governance (ESG) focus areas.

5 months ago - Business Wire

Alight to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its Chief Executive Officer, Steph...

6 months ago - Business Wire

Alight, Inc. (ALIT) Q1 2024 Earnings Call Transcript

Alight, Inc. (NYSE:ALIT) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Stephan Scholl - Chief Executive Officer Jeremy Heaton - ...

7 months ago - Seeking Alpha

Alight Reports First Quarter 2024 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the first quarter ...

7 months ago - Business Wire