In today’s recent session, 0.73 million shares of the Alight Inc (NYSE:ALIT) have been traded, and its beta is 0.99. Most recently the company’s share price was $5.20, and it changed around -$0.01 or -0.10% from the last close, which brings the market valuation of the company to $2.82B. ALIT at last check was trading at a discount to its 52-week high of $9.40, offering almost -80.77% off that amount. The share price’s 52-week low was $4.49, which indicates that the recent value has risen by an impressive 13.65% since then.
Alight Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.29. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended ALIT as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Alight Inc (NYSE:ALIT) trade information
Instantly ALIT has been showing red trend so far today with a performance of -0.10% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.36 on recent trading dayincreased the stock’s daily price by 2.99%. The company’s shares are currently down -24.78% year-to-date, but still up 1.86% over the last five days. On the other hand, Alight Inc (NYSE:ALIT) is 7.54% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 56.67% from its current value. Analyst projections state that ALIT is forecast to be at a low of $11 and a high of $29.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 23.41%. Alight Inc earnings are expected to increase by 3.03% in 2025, but the outlook is positive 6.67% per year for the next five years.
ALIT Dividends
Alight Inc’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 1.54 percent and its annual dividend per share was 0.08. It is important to note, however, that the 1.54% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
STARBOARD VALUE LP, with 7.9453% or 43.4 million shares worth $320.26 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD EXPLORER FUND were the top two Mutual Funds as of Dec 31, 2024 . The former held 12.43 shares worth $64.83 million, making up 2.33% of all outstanding shares. On the other hand, VANGUARD EXPLORER FUND held roughly 11.28 shares worth around $58.81 million, which represents about 2.12% of the total shares outstanding.
