Alight, Inc. (ALIT)
| Market Cap | 3.84B |
| Revenue (ttm) | 3.14B |
| Net Income (ttm) | -391.00M |
| Shares Out | 541.05M |
| EPS (ttm) | -0.77 |
| PE Ratio | n/a |
| Forward PE | 9.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,250,036 |
| Open | 7.14 |
| Previous Close | 7.12 |
| Day's Range | 7.06 - 7.18 |
| 52-Week Range | 6.33 - 10.38 |
| Beta | 1.10 |
| Analysts | Strong Buy |
| Price Target | 11.69 (+64.88%) |
| Earnings Date | Jul 30, 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]
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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for ALIT stock is "Strong Buy." The 12-month stock price forecast is $11.69, which is an increase of 64.88% from the latest price.
News
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...
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...
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.
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...
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 ...
Alight Announces Executive Leadership Changes
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced two leadership promotions as part of the Company's ongoing transformation. Jeremy Heaton, who has been with th...
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Alight Names Two New Independent Directors, Dave Guilmette and Coretha Rushing, to its Board of Directors
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT) (“Alight” or the “Company”), a leading cloud-based human capital and technology services provider, today announced the appointment of Dav...
Alight to Announce First Quarter 2024 Results
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release first quarter results before market open on Wednesday, May 8, 2024, and management will subseq...
Alight's Latest Release of Alight Worklife® to Unlock Value for Organizations and Their People
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The latest release of Alight Worklife delivers AI-driven workforce support, extensive benefits management and financial and wellbeing features.
Alight Stock Jumps. It's Selling a Business Unit for $1.2 Billion and Buying Back Shares.
Alight boosts its buyback program by $200 million.
H.I.G. Capital Signs Definitive Agreement to Acquire Alight's Payroll and Professional Services Business
NEW YORK--(BUSINESS WIRE)-- #Acquisition--An affiliate of H.I.G. Capital has signed a definitive agreement to acquire the Payroll and Professional Services Business of Alight, Inc.
Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell ...
Alight Announces New Integration of Leaves With Other Benefits
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight announces further integration of leaves and additional benefits promoting comprehensive employee wellbeing.
Alight Expands Partnership With SAP, Advancing Payroll Systems With Move From On-premise to the Cloud
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The Alight Worklife® platform will leverage SAP S/4HANA Cloud to deliver top-tier payroll services.
Alight to Present at Upcoming Investor Conferences
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its Operating Chief Financial Offi...
Starboard nominates directors to Alight's board. A plan to improve margins could be on the horizon
Starboard Value nominated four director candidates on Alight's board. An opportunity to reduce costs and raise margins could emerge.
Alight Confirms Receipt of Director Nominations from Starboard Value
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT) (“Alight” or the “Company”), a leading cloud-based human capital and technology services provider, today issued the following statement r...
Alight Reports Fourth Quarter and Full Year 2023 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 fourth quarter...
Alight study reveals half of companies committed payroll errors during the last five years
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--New report surveyed nearly 300 payroll professionals to understand key aspects of payroll operations, including payroll technology.
Alight unveils Alight LumenAITM, its next-generation AI engine powering Alight Worklife®
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The Alight LumenAI engine to integrate all new and existing AI capabilities across the Alight Worklife platform.
Alight to Announce Fourth Quarter and Full Year 2023 Results
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release fourth quarter and full year 2023 earnings results before market open on Wednesday, February 2...
Alight named a Leader in Everest Group's Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight named a Leader in Everest Group's Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023.
Alight and CirrusMD team up to deliver physician-led virtual primary care on Alight Worklife®
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight and CirrusMD announced a strategic agreement to offer a chat-enabled, physician-led, virtual care solution on the Alight Worklife platform.
Cognac Sets the EV Trade War Alight
Beijing's antidumping probe into brandy imported from the EU shows why Europe is in a weak position to protect its electric-vehicle market.