Alight, Inc. (ALIT)

NYSE: ALIT · IEX Real-Time Price · USD
8.53
-0.05 (-0.58%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.58%
Market Cap 4.72B
Revenue (ttm) 3.39B
Net Income (ttm) -248.00M
Shares Out 552.93M
EPS (ttm) -0.52
PE Ratio n/a
Forward PE 11.88
Dividend n/a
Ex-Dividend Date n/a
Volume 2,174,613
Open 8.53
Previous Close 8.58
Day's Range 8.49 - 8.62
52-Week Range 6.33 - 10.19
Beta 1.14
Analysts Strong Buy
Price Target 12.00 (+40.68%)
Earnings Date Feb 20, 2024

About ALIT

Alight, Inc. provides cloud-based integrated digital human capital and business solutions worldwide. The company operates through Employer Solutions, Professional Services, and Hosted Business segments. 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 op... [Read more]

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

Financial Performance

In 2022, Alight's revenue was $3.13 billion, an increase of 14.81% compared to the previous year's $2.73 billion. Losses were -$62.00 million, -39.81% less than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ALIT stock is "Strong Buy." The 12-month stock price forecast is $12.0, which is an increase of 40.68% from the latest price.

Price Target
$12.0
(40.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alight Names Siobhan Nolan Mangini to Board of Directors

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has named Siobhan Nolan Mangini to its Boa...

20 days ago - Business Wire

Alight named a Leader in Everest Group's Multi-Process HRO (MPHRO) Services 2023 PEAK Matrix® Assessment

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today announced it has received a Leader designation in Everest Gr...

4 weeks ago - Business Wire

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 members of its management team wil...

7 weeks ago - Business Wire

Alight Reports Third Quarter 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 third quarter ...

2 months ago - Business Wire

Alight to Release Third Quarter 2023 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release third quarter 2023 earnings results before market open on Wednesday, November 1, 2023, and man...

2 months ago - Business Wire

Alight introduces Alight Employee Onboarding to enhance the new hire experience

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight Employee Onboarding helps employers create a comprehensive employee experience from pre-hire to onboarding.

2 months ago - Business Wire

Top 5 Industrials Stocks That May Explode In October - Johnson Controls Intl (NYSE:JCI), Alight (NYSE:ALIT)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: JCIMESAMTZSWK
2 months ago - Benzinga

Alight and Socially Determined Sign a Multi-year Agreement to Transform Employee Wellbeing Through Comprehensive Social Risk Data and Analytics

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight and Socially Determined help employers provide personalized employee support with predictive metrics focused on social determinants of health.

3 months ago - Business Wire

Alight Study Reveals Employee Wellbeing Has Plateaued and Trust in Employer Efforts Has Eroded

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The 2023 Alight International Workforce and Wellbeing Mindset Study examines employee perceptions around wellbeing, culture and total rewards.

3 months ago - Business Wire

Alight Enhances LeavePro Enterprise Software With New Automation Capabilities for a Better, Faster Client Experience

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight announced its LeavePro software has added new capabilities to automate key processes included in client onboarding.

3 months ago - Business Wire

Alight to Participate in the Citi Global Technology Conference

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

4 months ago - Business Wire

Alight Announces Closing of Secondary Offering

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (“Alight”) (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the closing of the underwritten seconda...

4 months ago - Business Wire

Alight Announces Secondary Offering

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (“Alight”) (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the commencement of an underwritten sec...

4 months ago - Business Wire

Alight Reports Second Quarter 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 second quarter...

5 months ago - Business Wire

Alight Expands Engagement Experience With Latest Release of Alight Worklife®

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The second release of Alight Worklife for 2023 introduces capabilities and experience enhancements to boost employee wellbeing and employer outcomes.

5 months ago - Business Wire

Alight to Release Second Quarter 2023 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release second quarter 2023 earnings results after market close on Tuesday, August 1, 2023, and manage...

6 months ago - Business Wire

Alight Publishes Study Revealing European Nations are Challenged by Complicated Payroll Processes

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The findings of the 2023 Alight Global Payroll Complexity Index show countries with most complicated payroll processes.

6 months ago - Business Wire

Alight Enhances Employees' Ability to Find High-Quality Healthcare Providers Through Alight Worklife®

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Building on existing provider search capabilities, Alight's technology delivers a new experience that brings quality and cost transparency.

7 months ago - Business Wire

Alight Expands Global Employee Benefits to Help Organisations Maximise Wellbeing Programmes

LONDON--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the release of its Global Employee Benefits solution, bringing...

7 months ago - Business Wire

Reliance Matrix Joins Alight Carrier Partner Program

PHILADELPHIA--(BUSINESS WIRE)--Reliance Matrix partners with Alight (NYSE: ALIT) to connect its proprietary Matrixlink® platform to the Alight Worklife® experience platform.

7 months ago - Business Wire

Alight launches new behavioral health navigation services, aimed at supporting individuals and families with complex or severe needs

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Available through Alight Worklife® platform, these services help employers address the behavioral health crisis through skilled support.

7 months ago - Business Wire

Alight Names Gregory George, Leading Human Capital Management Expert to Role of Chief Commercial Officer

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today announced Gregory (Greg) George has been named Alight's chie...

7 months ago - Business Wire

2 Tech Mid-Caps Under $10 With Big Upside

On top of inflationary pressures and rising rates, not even government debt ceiling uncertainty has been able to slow the upward momentum. Just two months removed from the bank crisis downturn, the S&...

Other symbols: IQ
7 months ago - MarketBeat

Alight Holds Investor Day and Introduces Mid-Term Targets

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today hosted an investor day at the New York Stock Exch...

8 months ago - Business Wire

Alight Releases 2023 Global Impact Report Detailing ESG Performance and Progress

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight's 2023 Global Impact Report covers the company's environmental, social, and governance (ESG) strategy, performance and progress in 2022.

8 months ago - Business Wire