On Friday, Alight Inc (NYSE: ALIT) was 1.27% up from the session before settling in for the closing price of $7.88. A 52-week range for ALIT has been $6.15 – $10.38.
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Technology Sector giant saw their annual sales surged by 7.73% over the last five years. When this article was written, the company’s average yearly earnings per share was at -25.49%. With a float of $440.36 million, this company’s outstanding shares have now reached $510.89 million.
The firm has a total of 18000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 31.24%, operating margin of -3.1%, and the pretax margin is -12.21%.
Alight Inc (ALIT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alight Inc stocks. The insider ownership of Alight Inc is 17.30%, while institutional ownership is 96.51%. The most recent insider transaction that took place on Nov 15 ’24, was worth 645,104. In this transaction Chief Commerical Officer of this company sold 84,929 shares at a rate of $7.60, taking the stock ownership to the 223,327 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 84,929 for $7.60, making the entire transaction worth $645,104.
Alight Inc (ALIT) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.3 earnings per share (EPS) during the time that was better than consensus figure (set at 0.26) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.49% per share during the next fiscal year.
Alight Inc (NYSE: ALIT) Trading Performance Indicators
You can see what Alight Inc (ALIT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.68. Likewise, its price to free cash flow for the trailing twelve months is 31.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Alight Inc (ALIT)
Analysing the last 5-days average volume posted by the [Alight Inc, ALIT], we can find that recorded value of 6.53 million was better than the volume posted last year of 5.78 million. As of the previous 9 days, the stock’s Stochastic %D was 32.45%. Additionally, its Average True Range was 0.29.
During the past 100 days, Alight Inc’s (ALIT) raw stochastic average was set at 65.95%, which indicates a significant increase from 57.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.58% in the past 14 days, which was higher than the 36.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.34, while its 200-day Moving Average is $7.93. Now, the first resistance to watch is $8.03. This is followed by the second major resistance level at $8.09. The third major resistance level sits at $8.15. If the price goes on to break the first support level at $7.92, it is likely to go to the next support level at $7.86. Should the price break the second support level, the third support level stands at $7.81.
Alight Inc (NYSE: ALIT) Key Stats
There are 543,024K outstanding shares of the company, which has a market capitalization of 4.39 billion. As of now, sales total 3,410 M while income totals -345,000 K. Its latest quarter income was 555,000 K while its last quarter net income were -74,000 K.
