Alight Inc (NYSE: ALIT): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

ALIT belongs to the Technology sector of the NYSE while operating in the Software – Application industry. The current market capitalization of Alight Inc is $3.70B. A total of 8.63 million shares were traded on the day, compared to an average of 5.76M shares.

In the most recent transaction, DNB Holdco, LLC bought 12,000,000 shares of ALIT for 7.90 per share on Dec 03 ’24. In a previous transaction on Nov 27 ’24, Goff Gregory R sold 250,000 shares at 8.00 per share. ALIT shares that President owns now total 852,694.

Among the insiders who bought shares, GREGORY ROBERT GOFF acquired of 250,000 shares on Nov 27 ’24 at a per-share price of $8.00. In another insider transaction, George Gregory A. sold 84,929 shares at $7.60 per share on Nov 15 ’24. Company shares held by the Chief Commerical Officer now total 223,327.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ALIT’s most recent ex-dividend date was 2.38% when it declared a $0.04 quarterly dividend that was paid in cash on 3/3/2025. Previously, the company paid the dividend on 12/2/2024 with an ex-dividend date of. The ALIT stock dividend was $0.04 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ALIT has a high of $10.38 and a low of $6.15.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ALIT’s latest balance sheet shows that the firm has $372.00M in Cash & Short Term Investments as of fiscal 2021. There were $3.11B in debt and $2.12B in liabilities at the time. Its Book Value Per Share was $7.55, while its Total Shareholder’s Equity was $4.93B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALIT is Buy with a score of 4.63.

Most Popular

Related Posts