In last trading session, Alight Inc (NYSE:ALIT) saw 4.64 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $5.57 trading at $0.07 or 1.27% at ring of the bell on the day assigns it a market valuation of $3.00B. That closing price of ALIT’s stock is at a discount of -60.32% from its 52-week high price of $8.93 and is indicating a premium of 19.39% from its 52-week low price of $4.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.23 million shares which gives us an average trading volume of 8.03 million if we extend that period to 3-months.
For Alight Inc (ALIT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Alight Inc (NYSE:ALIT) trade information
Upright in the green during last session for gaining 1.27%, in the last five days ALIT remained trading in the red while hitting it’s week-highest on Thursday, 07/10/25 when the stock touched $5.57 price level, adding 7.78% to its value on the day. Alight Inc’s shares saw a change of -22.32% in year-to-date performance and have moved -6.54% in past 5-day. Alight Inc (NYSE:ALIT) showed a performance of 7.12% in past 30-days. Number of shares sold short was 24.25 million shares which calculate 3.61 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 53.58% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 29. It follows that stock’s current price would drop -97.49% in reaching the projected high whereas dropping to the targeted low would mean a loss of -97.49% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 23.41% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 2.08% while estimates for its earnings growth in next 5 years are of 6.97%.
Alight Inc (NYSE:ALIT)’s Major holders
Insiders are in possession of 3.66% of company’s total shares while institution are holding 107.38 percent of that, with stock having share float percentage of 111.46%. Investors also watch the number of corporate investors in a company very closely, which is 107.38% institutions for Alight Inc that are currently holding shares of the company. CANNAE HOLDINGS, INC. is the top institutional holder at ALIT for having 52.48 million shares of worth $387.28 million. And as of 2024-06-30, it was holding 9.6081 of the company’s outstanding shares.
The second largest institutional holder is STARBOARD VALUE LP, which was holding about 43.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.9453 of outstanding shares, having a total worth of $320.26 million.
