ALIT Stock Price, 2 Quote, Chart

Market Summary

USD9.16-0.09

Market Closed

-0.97%

ALIT Alerts

1 major insider sales recently.

ALIT Stock Price

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ALIT RSI Chart

ALIT Valuation

Market Cap

334.9M

Price/Earnings (Trailing)

-0.96

Price/Sales (Trailing)

0.1

EV/EBITDA

26.4

Price/Free Cashflow

1.48

ALIT Price/Sales (Trailing)

ALIT Profitability

EBT Margin

-10.73%

Return on Equity

-7.8%

Return on Assets

-3.23%

Free Cashflow Yield

67.47%

ALIT Fundamentals

ALIT Revenue

Revenue (TTM)

3.4B

Rev. Growth (Yr)

1.91%

Rev. Growth (Qtr)

18.08%

ALIT Earnings

Earnings (TTM)

-348.0M

Earnings Growth (Yr)

-148.44%

Earnings Growth (Qtr)

-231.25%

Breaking Down ALIT Revenue

Last 7 days

2.3%

Last 30 days

-6.8%

Last 90 days

3.4%

Trailing 12 Months

-1.5%

How does ALIT drawdown profile look like?

ALIT Financial Health

Current Ratio

1.27

Debt/Equity

0.62

Debt/Cashflow

0.14

ALIT Investor Care

Buy Backs (1Y)

51.76%

Diluted EPS (TTM)

-0.7

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	3.2B	3.3B	3.4B	3.4B
2022	3.0B	3.0B	3.1B	3.1B
2021	2.8B	2.8B	2.9B	2.9B
2020	0	0	2.6B	2.7B
2019	0	0	0	2.6B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of 2

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	scholl stephan	sold	-223,889	9.5337	-23,484	chief executive officer
Apr 08, 2024	scholl stephan	sold	-789,499	9.5102	-83,016	chief executive officer
Apr 08, 2024	scholl stephan	sold	-7,894,990	95.102	-83,016	chief executive officer
Apr 02, 2024	rooney katie j.	sold	-26,325	9.4797	-2,777	see remarks
Apr 01, 2024	rooney katie j.	sold	-26,943	9.7024	-2,777	see remarks
Mar 29, 2024	foley william p ii	acquired	-	-	9,708	-
Mar 29, 2024	massey richard n	acquired	-	-	2,284	-
Mar 29, 2024	paolillo regina	acquired	-	-	1,116	-
Mar 29, 2024	meinhardt erika	acquired	-	-	2,157	-
Mar 29, 2024	williams lenore d	acquired	-	-	1,522	-

Which funds bought or sold ALIT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	reduced	-17.51	-249,300	5,004,680	0.08%
Apr 23, 2024	SEVEN GRAND MANAGERS, LLC	sold off	-100	-639,750	-	-%
Apr 23, 2024	KIRR MARBACH & CO LLC /IN/	added	2.05	1,029,810	6,800,960	1.64%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.03	-171,000	139,000	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	31.04	1,984,030	5,850,450	-%
Apr 22, 2024	MetLife Investment Management, LLC	added	3.49	365,817	1,858,480	0.01%
Apr 19, 2024	ZRC WEALTH MANAGEMENT, LLC	unchanged	-	911	3,251	-%
Apr 18, 2024	SJS Investment Consulting Inc.	added	55.00	269	611	-%
Apr 18, 2024	SAXON INTERESTS, INC.	added	15.45	48,413	193,730	0.09%
Apr 17, 2024	Iron Horse Wealth Management, LLC	unchanged	-	1,208	9,013	-%

Are Funds Buying or Selling ALIT?

Are funds buying ALIT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ALIT

No. of Funds

ALIT Alerts

1 major insider sales recently.

Unveiling 2's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 19, 2024	starboard value lp	7.3%	39,807,000	SC 13D/A
Feb 21, 2024	starboard value lp	7.8%	39,807,000	SC 13D
Feb 14, 2024	fpr partners llc	5.6%	28,200,084	SC 13G/A
Feb 14, 2024	arrowmark colorado holdings llc	6.32%	31,675,176	SC 13G/A
Feb 12, 2024	gic private ltd	2.93%	14,692,018	SC 13G/A
Feb 12, 2024	new mountain investments iv, llc	0%	0	SC 13G/A
Jan 29, 2024	blackrock inc.	6.0%	29,831,900	SC 13G
Jan 16, 2024	glenview capital management, llc	5.00%	25,082,388	SC 13G
Jan 08, 2024	blackstone holdings ii l.p.	1.72%	8,871,915	SC 13D/A
Dec 20, 2023	blackstone holdings ii l.p.	3.22%	16,368,685	SC 13D/A

Recent SEC filings of 2

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	4/A	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 08, 2024	144	Notice of Insider Sale Intent
Apr 02, 2024	144	Notice of Insider Sale Intent
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

2 News

Latest updates

2 Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	18.1%	960	813	806	831	942	750	715	725	864	690	672	689	679	668	-
Gross Profit	43.6%	369	257	257	257	342	212	219	223	294	238	208	-	-	227	-
Operating Expenses	65.5%	432	261	278	270	281	262	242	225	254	213	148	-	-	185	-
S&GA Expenses	12.4%	199	177	193	185	196	178	157	140	169	135	-	-	-	128	-
EBITDA Margin	-65.4%	0.03*	0.09*	0.07*	0.11*	0.13*	0.17*	0.15*	0.12*	0.11*	0.02*	0.06*	0.08*	0.08*	-	-
Interest Expenses	-8.8%	31.00	34.00	33.00	33.00	33.00	31.00	29.00	29.00	29.00	28.00	61.00	62.00	-	61.00	-
Income Taxes	-196.8%	-30.00	31.00	3.00	-8.00	59.00	-20.00	-9.00	1.00	21.00	4.00	0.00	0.00	-3.00	17.00	-
Earnings Before Taxes	-1233.3%	-200	-15.00	-69.00	-82.00	-7.00	-65.00	43.00	-12.00	97.00	-120	-24.22	-24.00	-36.00	-22.00	-
EBT Margin	-110.4%	-0.11*	-0.05*	-0.07*	-0.03*	-0.01*	0.02*	0.00*	-0.02*	-0.02*	-0.07*	-0.04*	-0.04*	-0.03*	-	-
Net Income	-231.2%	-159	-48.00	-67.00	-74.00	-64.00	-37.00	51.00	-13.00	72.00	-107	-4.00	-21.00	68.00	-39.00	-
Net Income Margin	-36.8%	-0.10*	-0.07*	-0.07*	-0.04*	-0.02*	0.02*	0.00*	-0.01*	0.00*	0.00*	0.02*	0.01*	-0.03*	-	-
Free Cashflow	100.0%	102	51.00	46.00	27.00	52.00	47.00	61.00	-22.00	32.00	-34.00	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Assets	0.3%	10,782	10,749	10,772	10,917	11,235	10,903	10,878	11,221	10,988	10,957	1,036	1,036	6,956	1,036	1,037
Current Assets	8.9%	2,776	2,549	2,488	2,576	2,816	2,506	2,437	2,733	2,469	2,914	0.00	0.00	2,231	1.00	2.00
Cash Equivalents	29.7%	358	276	271	239	250	304	272	326	372	769	0.00	0.00	506	1.00	1.00
Net PPE	3.9%	371	357	358	342	320	296	281	257	236	219	-	-	334	-	-
Goodwill	-3.8%	3,543	3,682	3,681	3,680	3,679	3,624	3,624	3,627	3,638	77.00	3,400	-	2,245	-	-
Liabilities	3.1%	6,040	5,857	5,818	5,950	6,146	5,779	5,783	6,237	6,060	6,279	6,277	6,275	6,273	185	146
Current Liabilities	4.9%	2,187	2,084	2,025	2,139	2,348	2,046	2,005	2,360	2,125	2,148	10.00	6.00	1,785	0.00	1.00
Long Term Debt	-0.3%	2,769	2,776	2,784	2,791	2,792	2,801	2,809	2,818	2,830	2,839	-	-	4,041	-	-
LT Debt, Current	0%	25.00	25.00	25.00	25.00	31.00	31.00	31.00	40.00	38.00	43.00	-	-	37.00	-	-
LT Debt, Non Current	-0.3%	2,769	2,776	2,784	2,791	2,792	2,801	2,809	2,818	2,830	2,839	-	-	4,041	-	-
Shareholder's Equity	-1.4%	4,462	4,526	4,954	4,967	4,439	5,124	5,095	4,984	4,928	4,678	4,753	5.00	683	5.00	5.00
Retained Earnings	-47.5%	-503	-341	-293	-226	-158	-93.00	-56.00	-107	-96.00	-168	-60.61	-36.35	-127	-78.38	-31.02
Additional Paid-In Capital	2.6%	4,946	4,823	4,734	4,690	4,514	4,366	4,311	4,267	4,228	4,024	66.00	41.00	119	83.00	36.00
Shares Outstanding	-100.0%	-	37.00	44.00	44.00	64.00	76.00	76.00	76.00	77.00	77.00	77.00	15.00	22.00	-	-
Minority Interest	-23.5%	280	366	439	444	650	776	779	780	788	825	-	-	-	-	-
Float	-	-	-	3,152	-	-	-	1,786	-	-	-	1,011	-	-	-	1,104

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	51.7%	135,000	89,000	90,000	72,000	85,000	83,000	99,000	19,000	64,000	-7,000	-221	-260	-62.90	-105	-334
Share Based Compensation	42.9%	50,000	35,000	38,000	37,000	52,000	54,000	42,000	33,000	52,000	15,000	3,000	2,000	-	1,000	-
Cashflow From Investing	15.8%	-32,000	-38,000	-44,000	-45,000	-120,000	-36,000	-38,000	-41,000	-431,000	-1,421,000	-	-	-	-	-1,035,000
Cashflow From Financing	514.3%	58,000	-14,000	-115,000	-160,000	127,000	-17,000	-361,000	305,000	-225,000	2,625,000	-	-	-620	-	1,036,620
Buy Backs	-100.0%	-	26,000	4,000	10,000	-	11,000	-	-	-	-	-	1,000	-	-	3,000

ALIT Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2023	Dec. 31, 2022
Revenue	$ 1,554		$ 3,410	$ 3,132
Cost of services, exclusive of depreciation and amortization	1,001		2,188	2,080
Depreciation and amortization	21		82	56
Gross Profit	532		1,140	996
Operating Expenses
Selling, general and administrative	304		754	671
Depreciation and intangible amortization	163		339	339
Goodwill impairment			148
Total Operating expenses	467		1,241	1,010
Operating Income (Loss)	65		(101)	(14)
Other (Income) Expense
(Gain) Loss from change in fair value of financial instruments	65		10	(38)
(Gain) loss from change in fair value of tax receivable agreement	(37)		118	(41)
Interest expense	57		131	122
Other (income) expense, net	3		6	(16)
Total Other (income) expense, net	88		265	27
Income (Loss) Before Taxes	(23)		(366)	(41)
Income tax expense (benefit)	25		(4)	31
Net Income (Loss)	(48)		(362)	(72)
Net income (loss) attributable to noncontrolling interests	(13)		(17)	(10)
Net Income (Loss) Attributable to Alight, Inc.	$ (35)		$ (345)	$ (62)
Earnings Per Share
Basic (net loss) earnings per share	$ (0.08)		$ (0.7)	$ (0.14)
Diluted (net loss) earnings per share	$ (0.08)		$ (0.7)	$ (0.14)
Other comprehensive income (loss), net of tax:
Change in fair value of derivatives	$ 9		$ (42)	$ 114
Foreign currency translation adjustments			9	(14)
Total Other comprehensive income (loss), net of tax:	9		(33)	100
Comprehensive Income (Loss) Before Noncontrolling Interests	(39)		(395)	28
Comprehensive income (loss) attributable to noncontrolling interests	(12)		(26)	3
Comprehensive Income (Loss) Attributable to Alight, Inc.	(27)		(369)	25
Alight Holdings
Revenue	1,554	$ 1,361
Cost of services, exclusive of depreciation and amortization		888
Depreciation and amortization		38
Gross Profit		435
Operating Expenses
Selling, general and administrative	304	222	754	671
Depreciation and intangible amortization	163	111	339	339
Goodwill impairment	0	0	148	0
Total Operating expenses		333
Operating Income (Loss)	65	102	(101)	(14)
Other (Income) Expense
(Gain) Loss from change in fair value of financial instruments	65	0	10	(38)
(Gain) loss from change in fair value of tax receivable agreement	(37)	0	118	(41)
Interest expense	57	123	131	122
Other (income) expense, net	3	9	6	(16)
Total Other (income) expense, net		132
Income (Loss) Before Taxes	$ (23)	(30)	$ (366)	$ (41)
Income tax expense (benefit)		(5)
Net Income (Loss)		(25)
Net Income (Loss) Attributable to Alight, Inc.		(25)
Other comprehensive income (loss), net of tax:
Change in fair value of derivatives		23
Foreign currency translation adjustments		8
Total Other comprehensive income (loss), net of tax:		31
Comprehensive Income (Loss) Before Noncontrolling Interests		6
Comprehensive Income (Loss) Attributable to Alight, Inc.		$ 6

ALIT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 358	$ 250
Receivables, net	698	678
Other current assets	319	379
Total Current Assets Before Fiduciary Assets	1,375	1,307
Fiduciary assets	1,401	1,509
Total Current Assets	2,776	2,816
Goodwill	3,543	3,679
Intangible assets, net	3,554	3,872
Fixed assets, net	371	320
Deferred tax assets, net	41	6
Other assets	497	542
Total Assets	10,782	11,235
Current Liabilities
Accounts payable and accrued liabilities	444	508
Current portion of long-term debt, net	25	31
Other current liabilities	317	300
Total Current Liabilities Before Fiduciary Liabilities	786	839
Fiduciary liabilities	1,401	1,509
Total Current Liabilities	2,187	2,348
Deferred tax liabilities	32	60
Long-term debt, net	2,769	2,792
Long-term tax receivable agreement	733	568
Financial instruments	109	97
Other liabilities	210	281
Total Liabilities	6,040	6,146
Commitments and Contingencies
Stockholders' Equity
Treasury stock, at cost (6.4 and 1.5 shares at December 31, 2023 and 2022, respectively)	(52)	(12)
Additional paid-in-capital	4,946	4,514
Retained deficit	(503)	(158)
Accumulated other comprehensive income	71	95
Total Alight, Inc. Stockholders' Equity	4,462	4,439
Noncontrolling interest	280	650
Total Stockholders' Equity	4,742	5,089
Total Liabilities and Stockholders' Equity	$ 10,782	$ 11,235

About 2

Alight, Inc. provides cloud-based integrated digital human capital and business solutions in the United States and internationally. It operates through three segments: Employer Solutions, Professional Services, and Hosted Business. The company's solutions enable employees to enrich their health, wealth, and wellbeing, which helps organizations achieve a high-performance culture. It offers employer solutions comprises integrated benefits administration, healthcare navigation, financial health, employee wellbeing, and payroll; and professional services, include cloud deployment and consulting offerings that provides human capital and financial platforms, as well as cloud advisory and deployment, and optimization services for cloud platforms, such as Workday, SAP SuccessFactors, Oracle, and Cornerstone OnDemand; hosted business include ongoing application hosting and management of on-premises human capital management software. Alight, Inc. was founded in 2017 and is headquartered in Lincolnshire, Illinois.

CEO	Mr. Stephan D. Scholl
WEBSITE	alight.com
INDUSTRY	Software - Apps
EMPLOYEES	18000

2 Frequently Asked Questions

What is the ticker symbol for 2? What does ALIT stand for in stocks?

ALIT is the stock ticker symbol of 2. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of 2 (ALIT)?

As of Tue Apr 23 2024, market cap of 2 is 338.23 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ALIT stock?

You can check ALIT's fair value in chart for subscribers.

What is the fair value of ALIT stock?

You can check ALIT's fair value in chart for subscribers. The fair value of 2 is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of 2 is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ALIT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is 2 a good stock to buy?

The fair value guage provides a quick view whether ALIT is over valued or under valued. Whether 2 is cheap or expensive depends on the assumptions which impact 2's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ALIT.

What is 2's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, ALIT's PE ratio (Price to Earnings) is -0.97 and Price to Sales (PS) ratio is 0.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ALIT PE ratio will change depending on the future growth rate expectations of investors.