Wedbush Issues Negative Estimate for Alight Earnings

Alight, Inc. (NYSE:ALIT) – Stock analysts at Wedbush reduced their Q1 2025 EPS estimates for Alight in a research note issued to investors on Tuesday, March 25th. Wedbush analyst D. Ives now anticipates that the company will post earnings of $0.11 per share for the quarter, down from their prior estimate of $0.13. Wedbush has a “Outperform” rating and a $11.00 price target on the stock. The consensus estimate for Alight’s current full-year earnings is $0.54 per share. Wedbush also issued estimates for Alight’s Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.07 EPS, Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.26 EPS and FY2026 earnings at $0.57 EPS.

A number of other research firms have also recently issued reports on ALIT. DA Davidson restated a “buy” rating and set a $10.00 price objective on shares of Alight in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and issued a $9.00 price target on shares of Alight in a report on Monday. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $10.19.

Alight Trading Up 0.4 %

Shares of ALIT opened at $6.23 on Thursday. The stock’s 50-day moving average price is $6.58 and its 200 day moving average price is $7.02. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.46. Alight has a 12-month low of $5.87 and a 12-month high of $10.04. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of -20.75 and a beta of 0.94.

Alight (NYSE:ALIT) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.04). Alight had a negative net margin of 5.53% and a positive return on equity of 5.42%. The company had revenue of $680.00 million for the quarter, compared to analyst estimates of $675.66 million.

Institutional Trading of Alight

Large investors have recently made changes to their positions in the business. Blue Trust Inc. raised its holdings in shares of Alight by 107.6% in the fourth quarter. Blue Trust Inc. now owns 3,336 shares of the company’s stock valued at $25,000 after buying an additional 1,729 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Alight by 65.5% in the third quarter. Public Employees Retirement System of Ohio now owns 5,042 shares of the company’s stock worth $37,000 after acquiring an additional 1,996 shares during the last quarter. Venturi Wealth Management LLC acquired a new position in shares of Alight during the fourth quarter worth approximately $50,000. Sandia Investment Management LP acquired a new position in shares of Alight during the fourth quarter worth approximately $69,000. Finally, Headlands Technologies LLC bought a new stake in shares of Alight during the fourth quarter valued at approximately $84,000. Institutional investors own 96.74% of the company’s stock.

Insider Buying and Selling at Alight

In other Alight news, Director Robert A. Schriesheim purchased 22,092 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were acquired at an average cost of $6.79 per share, for a total transaction of $150,004.68. Following the transaction, the director now directly owns 22,092 shares in the company, valued at approximately $150,004.68. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard N. Massey acquired 100,000 shares of the business’s stock in a transaction on Monday, March 10th. The stock was acquired at an average price of $6.39 per share, with a total value of $639,000.00. Following the transaction, the director now owns 1,573,489 shares in the company, valued at approximately $10,054,594.71. The trade was a 6.79 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 125,092 shares of company stock valued at $807,755. 5.33% of the stock is currently owned by company insiders.

Alight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.04 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.16 annualized dividend and a yield of 2.57%. Alight’s dividend payout ratio is currently -53.33%.

About Alight

Alight, Inc provides cloud-based integrated digital human capital and business solutions worldwide. The company operates through two segments, Employer Solutions and Professional Services. The Employer Solutions segment offers employee wellbeing, integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, retiree healthcare and payroll; and operates AI-led capabilities software.