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

Shares of Alight, Inc. (NYSE:ALIT) have earned an average rating of “Hold” from the eight ratings firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $3.5571.

A number of research analysts recently commented on the company. Citigroup downgraded Alight from a “buy” rating to a “neutral” rating and dropped their price target for the company from $6.50 to $1.00 in a research note on Friday, February 20th. Wall Street Zen downgraded shares of Alight from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. DA Davidson decreased their target price on shares of Alight from $6.00 to $5.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. KeyCorp cut shares of Alight from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 19th. Finally, Needham & Company LLC downgraded shares of Alight from a “buy” rating to a “hold” rating in a report on Thursday, February 19th.

Alight News Summary

Here are the key news stories impacting Alight this week:

• Positive Sentiment: Analyst consensus target remains well above the current share price — a $3.56 consensus target was published by analysts, which suggests upside potential if fundamentals or execution improve. Analyst Target Story
• Neutral Sentiment: Recent commentary and analysis reassess Alight’s valuation in light of an earnings miss and cancellation of the dividend; these pieces provide context on downside risk and what would be needed for a recovery. Valuation Article
• Negative Sentiment: Multiple securities class actions have been filed covering the period Nov. 12, 2024–Feb. 18, 2026; several law firms (Faruqi & Faruqi, Kirby McInerney, Rosen, Robbins, Glancy Prongay Wolke & Rotter, Levi & Korsinsky, Bronstein Gewirtz & Grossman) are soliciting putative class members and reminding investors of a May 15, 2026 lead-plaintiff deadline. The litigation overhang increases legal costs, management distraction and uncertainty around future cash flows and balance-sheet implications. Examples: Faruqi & Faruqi alert and Kirby McInerney filing. Faruqi Alert Kirby McInerney Filing

Insider Buying and Selling

In other Alight news, CEO Rohit Verma bought 112,000 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was purchased at an average cost of $0.89 per share, for a total transaction of $99,680.00. Following the completion of 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 trade represents a 10.95% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have purchased 242,000 shares of company stock worth $201,280 in the last three months. 1.93% of the stock is owned by insiders.

Hedge Funds Weigh In On Alight

A number of institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC boosted its position in Alight by 58.1% in the fourth quarter. Corient Private Wealth LLC now owns 58,625 shares of the company’s stock valued at $114,000 after buying an additional 21,552 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Alight by 14,961.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 199,106 shares of the company’s stock worth $388,000 after buying an additional 197,784 shares during the last quarter. Aristides Capital LLC acquired a new position in shares of Alight during the fourth quarter worth $186,000. DGS Capital Management LLC acquired a new position in shares of Alight during the fourth quarter worth $53,000. Finally, Pacer Advisors Inc. bought a new position in shares of Alight in the 4th quarter valued at $8,462,000. Institutional investors and hedge funds own 96.74% of the company’s stock.

Alight Trading Up 2.9%

Shares of NYSE:ALIT opened at $0.56 on Tuesday. The company has a market capitalization of $298.25 million, a P/E ratio of -0.09, a P/E/G ratio of 0.29 and a beta of 1.17. Alight has a 1 year low of $0.50 and a 1 year high of $6.11. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.31 and a quick ratio of 1.31. The business’s 50 day simple moving average is $1.09 and its 200 day simple moving average is $2.00.

Alight (NYSE:ALIT) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.07). The company had revenue of $653.00 million for the quarter, compared to the consensus estimate of $654.30 million. Alight had a positive return on equity of 9.61% and a negative net margin of 136.91%. On average, research analysts anticipate that Alight will post 0.54 EPS for the current fiscal year.

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.