The Latest Analyst Ratings For Alight - Alight (NYSE:ALIT) (2024)

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Alight ALIT in the last three months.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings23000
Last 30D10000
1M Ago00000
2M Ago13000
3M Ago00000

Insights from analysts' 12-month price targets are revealed, presenting an average target of $12.0, a high estimate of $14.00, and a low estimate of $11.00. Experiencing a 5.88% decline, the current average is now lower than the previous average price target of $12.75.

The Latest Analyst Ratings For Alight - Alight (NYSE:ALIT) (1)The Latest Analyst Ratings For Alight - Alight (NYSE:ALIT) (2)

Interpreting Analyst Ratings: A Closer Look

The analysis of recent analyst actions sheds light on the perception of Alight by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

AnalystAnalyst FirmAction TakenRatingCurrent Price TargetPrior Price Target
Peter HeckmannDA DavidsonMaintainsBuy$12.00$12.00
Daniel IvesWedbushLowersOutperform$12.00$14.00
Scott SchoenhausKeybancLowersOverweight$11.00$12.00
Kyle PetersonNeedhamLowersBuy$11.00$13.00
Daniel IvesWedbushMaintainsOutperform$14.00-

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Alight. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Alight compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Alight's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Alight's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Alight analyst ratings.

About Alight

Alight Inc is a provider of integrated, cloud-based human capital solutions that empower clients and employees to manage health, wealth and HR needs. Geographically, the company generates a majority of its revenue from the United States.

Understanding the Numbers: Alight's Finances

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Decline in Revenue: Over the 3 months period, Alight faced challenges, resulting in a decline of approximately -4.61% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -20.39%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -2.54%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Alight's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.06%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Alight's debt-to-equity ratio is below the industry average. With a ratio of 0.65, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Core of Analyst Ratings: What Every Investor Should Know

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The Latest Analyst Ratings For Alight - Alight (NYSE:ALIT) (2024)
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