Alight Inc (NYSE:ALIT)’s traded shares stood at 6.04 million during the last session, with the company’s beta value hitting 1.00.The ALIT share’s 52-week high remains $8.93, putting it -63.85% down since that peak but still an impressive 17.61% since price per share fell to its 52-week low of $4.49.
Analysts have given a consensus recommendation of Buy for Alight Inc (ALIT), translating to a mean rating of 1.33. Of 4 analyst(s) looking at the stock, 0 analyst(s) give ALIT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 4 recommend it as a Buy.
Alight Inc (NYSE:ALIT) trade information
The 5-day price performance for the stock is 0.37%, and -5.87% over 30 days. With these gigs, the year-to-date price performance is -21.24%.
The extremes give us $11 and $29 for target low and target high price respectively. As such, ALIT has been trading -432.11% off suggested target high and -101.83% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 23.41% for the past 5-year period. While 2025 is set for a 2.02% return in earnings, projections for the next 5 years are at 6.97% annually.
ALIT Dividends
Alight Inc has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Alight Inc has a forward dividend ratio of 0.12, with the share yield ticking at 2.20% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is STARBOARD VALUE LP with 43.4 million shares, or about 7.9453% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $320.26 million.
