Alight Inc Stock Today

ALIT Stock  USD 7.88  0.13  1.68%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
Alight is selling for under 7.88 as of the 22nd of November 2024; that is 1.68 percent increase since the beginning of the trading day. The stock's last reported lowest price was 7.69. Alight has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Alight Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
17th of July 2020
Category
Technology
Classification
Industrials
Alight, Inc. operates as a cloud-based provider of integrated digital human capital and business solutions worldwide. Alight, Inc. was founded in 2017 and is headquartered in Lincolnshire, Illinois. Alight Inc operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. The company has 532.51 M outstanding shares of which 36.74 M shares are presently shorted by private and institutional investors with about 12.32 trading days to cover. More on Alight Inc

Moving together with Alight Stock

  0.78G Genpact LimitedPairCorr
  0.65BR Broadridge FinancialPairCorr

Moving against Alight Stock

  0.41VCIG VCI Global LimitedPairCorr
  0.34FC Franklin CoveyPairCorr
  0.32MG Mistras GroupPairCorr

Alight Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO BoardDavid Guilmette
Business ConcentrationHuman Resource & Employment Services, Commercial & Professional Services, Industrials, NYSE Composite, Industrials, Professional Services, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.390.3163
Fairly Up
Slightly volatile
Gross Profit Margin0.350.3343
Sufficiently Up
Very volatile
Net Debt2.5 B2.6 B
Sufficiently Down
Slightly volatile
Total Current Liabilities2.2 B2.2 B
Slightly Up
Slightly volatile
Non Current Liabilities Total3.2 B3.9 B
Fairly Down
Slightly volatile
Total Assets10.2 B10.8 B
Notably Down
Slightly volatile
Total Current Assets2.6 B2.7 B
Sufficiently Down
Slightly volatile
Total Cash From Operating Activities217.5 M386 M
Way Down
Slightly volatile
Debt Levels
Alight can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alight's financial leverage. It provides some insight into what part of Alight's total assets is financed by creditors.
Liquidity
Alight Inc currently holds 2.92 B in liabilities with Debt to Equity (D/E) ratio of 0.6, which is about average as compared to similar companies. Alight Inc has a current ratio of 1.2, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Alight's use of debt, we should always consider it together with its cash and equity.

Dividends Paid

855,000
Alight Inc (ALIT) is traded on New York Stock Exchange in USA. It is located in 4 Overlook Point, Lincolnshire, IL, United States, 60069 and employs 18,000 people. Alight is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.31 B. Alight Inc conducts business under Professional Services sector and is part of Industrials industry. The entity has 532.51 M outstanding shares of which 36.74 M shares are presently shorted by private and institutional investors with about 12.32 trading days to cover. Alight Inc currently holds about 311 M in cash with 386 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check Alight Probability Of Bankruptcy
Ownership Allocation
The majority of Alight Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alight Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alight. Please pay attention to any change in the institutional holdings of Alight Inc as this could imply that something significant has changed or is about to change at the company.
Check Alight Ownership Details

Alight Stock Institutional Holders

InstituionRecorded OnShares
Empyrean Capital Partners, Lp2024-06-30
12.6 M
State Street Corp2024-06-30
11.8 M
Davenport & Company Llc2024-09-30
10.6 M
Geode Capital Management, Llc2024-06-30
10 M
River Road Asset Management, Llc2024-09-30
10 M
Rubric Capital Management Lp2024-06-30
8.4 M
Tensile Capital Management Llc2024-09-30
M
Morgan Stanley - Brokerage Accounts2024-06-30
7.9 M
Goldman Sachs Group Inc2024-06-30
7.6 M
Cannae Holdings Inc2024-09-30
52.5 M
Starboard Value Lp2024-09-30
43.4 M
View Alight Diagnostics

Alight Historical Income Statement

At this time, Alight's Tax Provision is comparatively stable compared to the past year. Interest Expense is likely to gain to about 146.5 M in 2024, whereas Net Interest Income is likely to drop (139.7 M) in 2024. View More Fundamentals

Alight Stock Against Markets

Alight Corporate Management

Already Invested in Alight Inc?

The danger of trading Alight Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alight is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alight. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alight Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Alight Stock Analysis

When running Alight's price analysis, check to measure Alight's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alight is operating at the current time. Most of Alight's value examination focuses on studying past and present price action to predict the probability of Alight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alight's price. Additionally, you may evaluate how the addition of Alight to your portfolios can decrease your overall portfolio volatility.