Wedbush Has Negative Outlook for Alight FY2025 Earnings

Alight, Inc. (NYSE:ALIT) – Equities researchers at Wedbush decreased their FY2025 EPS estimates for Alight in a research report issued to clients and investors on Tuesday, March 25th. Wedbush analyst D. Ives now expects that the company will earn $0.49 per share for the year, down from their previous estimate of $0.51. 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 Q4 2025 earnings at $0.25 EPS and Q1 2026 earnings at $0.14 EPS.

ALIT has been the subject of several other reports. DA Davidson reissued a “buy” rating and issued a $10.00 target price on shares of Alight in a research note on Wednesday. Needham & Company LLC restated a “buy” rating and set a $9.00 price objective on shares of Alight in a research note on Monday. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $10.19.

Alight Stock Up 0.4 %

NYSE:ALIT opened at $6.23 on Friday. Alight has a twelve month low of $5.87 and a twelve 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. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average price is $6.58 and its two-hundred day moving average price is $7.02.

Alight (NYSE:ALIT) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $675.66 million.

Alight Announces Dividend

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

Insider Activity at Alight

In other Alight news, Director Richard N. Massey bought 100,000 shares of Alight stock in a transaction dated Monday, March 10th. The stock was bought at an average price of $6.39 per share, with a total value of $639,000.00. Following the completion of the transaction, the director now owns 1,573,489 shares in the company, valued at $10,054,594.71. The trade was a 6.79 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Robert A. Schriesheim acquired 22,092 shares of the company’s stock in a transaction on Monday, March 3rd. The stock was acquired at an average price of $6.79 per share, with a total value of $150,004.68. Following the purchase, the director now directly owns 22,092 shares in the company, valued at approximately $150,004.68. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 125,092 shares of company stock worth $807,755. Insiders own 5.33% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ALIT. Blue Trust Inc. boosted its stake 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 period. Public Employees Retirement System of Ohio grew its holdings in shares of Alight by 65.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 5,042 shares of the company’s stock worth $37,000 after purchasing an additional 1,996 shares in the last quarter. Cornerstone Investment Partners LLC increased its position in shares of Alight by 3.6% in the fourth quarter. Cornerstone Investment Partners LLC now owns 67,673 shares of the company’s stock worth $468,000 after purchasing an additional 2,356 shares during the period. Xponance Inc. raised its stake in Alight by 8.8% in the fourth quarter. Xponance Inc. now owns 30,229 shares of the company’s stock valued at $209,000 after purchasing an additional 2,437 shares in the last quarter. Finally, Shay Capital LLC lifted its position in Alight by 2.4% during the fourth quarter. Shay Capital LLC now owns 128,000 shares of the company’s stock worth $886,000 after purchasing an additional 3,000 shares during the period. 96.74% of the stock is owned by institutional investors.

Alight Company Profile

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.