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

Alight, Inc. (NYSE:ALIT) has been assigned a consensus rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $3.5571.

ALIT has been the subject of several analyst reports. Bank of America started coverage on shares of Alight in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $1.40 price objective for the company. Citigroup cut Alight from a “buy” rating to a “neutral” rating and cut their target price for the company from $6.50 to $1.00 in a research note on Friday, February 20th. Weiss Ratings downgraded Alight from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, May 7th. KeyCorp lowered Alight from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 19th. Finally, Needham & Company LLC cut Alight from a “buy” rating to a “hold” rating in a report on Thursday, February 19th.

Alight News Roundup

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 Trading Down 12.0%

Shares of ALIT opened at $0.73 on Wednesday. Alight has a twelve month low of $0.48 and a twelve month high of $6.11. The company has a market cap of $389.65 million, a P/E ratio of -0.12, a P/E/G ratio of 0.26 and a beta of 1.56. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.92. The company’s fifty day simple moving average is $0.71 and its 200-day simple moving average is $1.48.

Alight (NYSE:ALIT) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. The firm had revenue of $534.00 million during 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, analysts expect that Alight will post 0.28 EPS for the current year.

Insider Buying and Selling at Alight

In related news, CEO Rohit Verma bought 112,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was purchased at an average cost of $0.89 per share, with a total value of $99,680.00. Following the completion of the purchase, the chief executive officer owned 1,134,883 shares of the company’s stock, valued at $1,010,045.87. This trade represents a 10.95% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders acquired 242,000 shares of company stock worth $201,280 in the last ninety days. 1.93% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ALIT. TradeLink Capital LLC bought a new stake in Alight during the 4th quarter valued at about $25,000. Strs Ohio bought a new position in Alight in the 1st quarter worth about $25,000. Moss Adams Wealth Advisors LLC bought a new position in Alight in the 4th quarter worth about $26,000. Renaissance Technologies LLC purchased a new position in shares of Alight during the fourth quarter worth approximately $26,000. Finally, Evolve Private Wealth LLC bought a new stake in shares of Alight during the first quarter valued at approximately $27,000. Hedge funds and other institutional investors own 96.74% of the company’s stock.

About Alight

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.