Alight ALIT underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 1 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 1 | 0 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $12.2, with a high estimate of $13.00 and a low estimate of $11.00. Surpassing the previous average price target of $11.33, the current average has increased by 7.68%.
Analyzing Analyst Ratings: A Detailed Breakdown
An in-depth analysis of recent analyst actions unveils how financial experts perceive Alight. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Kyle Peterson | Needham | Lowers | Buy | $12.00 | $13.00 |
Kevin Mcveigh | UBS | Raises | Buy | $11.00 | $10.00 |
Peter Christiansen | Citigroup | Announces | Buy | $12.00 | - |
Daniel Ives | Wedbush | Raises | Outperform | $13.00 | $11.00 |
Kyle Peterson | Needham | Maintains | Buy | $13.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Alight. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Alight compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Alight's stock. This analysis reveals shifts in analysts' expectations over time.
Capture valuable insights into Alight's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Alight analyst ratings.
Discovering Alight: A Closer Look
Alight Inc is a provider of integrated, cloud-based human capital solutions that empower clients and employees to manage health, wealth and HR needs. Geographically, the company generates a majority of its revenue from the United States.
Breaking Down Alight's Financial Performance
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Alight displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 8.4%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Alight's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -5.9%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Alight's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -1.06%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Alight's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.45%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Alight's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.65.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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