Alight, Inc. (NYSE:ALIT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Alight, Inc. (NYSE:ALIT) have earned a consensus rating of “Hold” from the eight research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $3.5571.

A number of research firms recently commented on ALIT. Weiss Ratings downgraded Alight from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, May 7th. Bank of America initiated coverage on Alight in a report on Tuesday, February 17th. They set an “underperform” rating and a $1.40 price target for the company. Needham & Company LLC cut Alight from a “buy” rating to a “hold” rating in a report on Thursday, February 19th. Citigroup downgraded Alight from a “buy” rating to a “neutral” rating and lowered their target price for the company from $6.50 to $1.00 in a research report on Friday, February 20th. Finally, DA Davidson cut their target price on shares of Alight from $6.00 to $5.00 and set a “buy” rating for the company in a report on Tuesday, February 10th.

Insider Buying and Selling

In other Alight news, CEO Rohit Verma acquired 112,000 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was acquired at an average cost of $0.89 per share, with a total value of $99,680.00. Following the purchase, the chief executive officer directly owned 1,134,883 shares of the company’s stock, valued at approximately $1,010,045.87. This represents a 10.95% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have acquired a total of 242,000 shares of company stock worth $201,280 in the last three months. 1.93% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Strs Ohio bought a new stake in Alight during the first quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its position in Alight by 152.1% during the second quarter. EverSource Wealth Advisors LLC now owns 5,201 shares of the company’s stock valued at $29,000 after purchasing an additional 3,138 shares during the period. Danske Bank A S bought a new stake in shares of Alight in the 3rd quarter valued at approximately $31,000. Evergreen Capital Management LLC purchased a new position in shares of Alight in the 3rd quarter worth approximately $35,000. Finally, Peapack Gladstone Financial Corp purchased a new position in shares of Alight in the 2nd quarter worth approximately $64,000. Institutional investors own 96.74% of the company’s stock.

Alight Stock Performance

ALIT opened at $0.73 on Wednesday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market capitalization of $389.65 million, a price-to-earnings ratio of -0.12, a PEG ratio of 0.26 and a beta of 1.56. The company has a fifty day moving average of $0.71 and a 200 day moving average of $1.48. Alight has a fifty-two week low of $0.48 and a fifty-two week high of $6.11.

Alight (NYSE:ALIT) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. The business had revenue of $534.00 million for the quarter, compared to analysts’ expectations of $502.74 million. Alight had a negative net margin of 137.50% and a positive return on equity of 13.04%. As a group, sell-side analysts forecast that Alight will post 0.28 earnings per share for the current fiscal year.

Alight News Summary

Here are the key news stories impacting Alight this week:

• Neutral Sentiment: Multiple firms, including Rosen, Faruqi & Faruqi, Pomerantz, Robbins Geller, Portnoy, Bragar Eagel & Squire, the Gross Law Firm, Levi & Korsinsky, Bronstein Gewirtz & Grossman, and the Schall Law Firm, reiterated notices about the pending securities class action and the May 15 deadline for investors to seek lead-plaintiff status. Article: ALIT INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Alight (ALIT) Investors of Securities Class Action Deadline on May 15, 2026

Alight Company Profile

Alight, Inc (NYSE: ALIT) is a leading provider of cloud-based human capital and financial solutions designed to help organizations and their employees navigate critical life and work events. The company offers a comprehensive suite of services, including payroll administration, benefits enrollment and management, workforce and analytics solutions, health and welfare support, and financial wellness programs. By integrating advanced technology with expert advisory services, Alight aims to simplify the administration of human resources and benefits functions, improve employee engagement and productivity, and drive cost efficiencies for its clients.

Alight’s core platform leverages cloud architecture and automation to deliver scalable and secure solutions that address the needs of mid-sized and large enterprises.