Better Times Ahead For Alight Inc (NYSE: ALIT)?

Alight Inc (ALIT) concluded trading on Wednesday at a closing price of $5.43, with 4.34 million shares of worth about $23.58 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.13% during that period and on June 04, 2025 the price remained unchanged. Currently the company’s common shares owned by public are about 531.87M shares, out of which, 460.99M shares are available for trading.

Stock saw a price change of 0.00% in past 5 days and over the past one month there was a price change of 3.43%. Year-to-date (YTD), ALIT shares are showing a performance of -21.53% which decreased to -29.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.49 but also hit the highest price of $8.93 during that period. The average intraday trading volume for Alight Inc shares is 9.46 million. The stock is currently trading -2.48% below its 20-day simple moving average (SMA20), while that difference is up 0.43% for SMA50 and it goes to -18.23% lower than SMA200.

Alight Inc (NYSE: ALIT) currently have 531.87M outstanding shares and institutions hold larger chunk of about 97.43% of that.

The stock has a current market capitalization of $2.92B and its 3Y-monthly beta is at 1.00. It has posted earnings per share of -$0.09 in the same period. It has Quick Ratio of 1.15 while making debt-to-equity ratio of 0.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALIT, volatility over the week remained 2.00% while standing at 2.50% over the month.

Stock’s fiscal year EPS is expected to rise by 2.02% while it is estimated to increase by 8.34% in next year. EPS is likely to shrink at an annualized rate of 6.97% for next 5-years, compared to annual growth of 23.41% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on August 20, 2024 offering a Neutral rating for the stock and assigned a target price of $8 to it. Coverage by Citigroup stated Alight Inc (ALIT) stock as a Buy in their note to investors on January 05, 2024, suggesting a price target of $12 for the stock. On December 06, 2023, Canaccord Genuity Initiated their recommendations, while on November 07, 2023, UBS Initiated their ratings for the stock with a price target of $10. Stock get a Buy rating from Citigroup on June 13, 2023.

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