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ALIT

ALIT - 2 Stock Price, Fair Value and News

9.01USD-0.18 (-1.96%)Market Closed
Watchlist

Market Summary

USD9.01-0.18
Market Closed
-1.96%

ALIT Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

ALIT Stock Price

View Fullscreen

ALIT RSI Chart

ALIT Valuation

Market Cap

329.5M

Price/Earnings (Trailing)

-0.95

Price/Sales (Trailing)

0.1

EV/EBITDA

26.42

Price/Free Cashflow

1.46

ALIT Price/Sales (Trailing)

ALIT Profitability

EBT Margin

-10.73%

Return on Equity

-7.34%

Return on Assets

-3.23%

Free Cashflow Yield

68.6%

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

2.1%

Last 30 days

14.3%

Last 90 days

30.7%

Trailing 12 Months

3.0%

How does ALIT drawdown profile look like?

ALIT Financial Health

Current Ratio

1.27

Debt/Equity

0.59

Debt/Cashflow

0.14

ALIT Investor Care

Buy Backs (1Y)

51.76%

Diluted EPS (TTM)

-0.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.2B3.3B3.4B3.4B
20223.0B3.0B3.1B3.1B
20212.7B2.7B2.8B2.9B
20202.6B2.6B2.7B2.7B
20190002.6B

Tracking the Latest Insider Buys and Sells of 2

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 06, 2024
rooney katie j.
sold
-86,777
9.062
-9,576
see remarks
Feb 05, 2024
rooney katie j.
sold
-63,931
9.0045
-7,100
see remarks
Feb 02, 2024
williams lenore d
acquired
-
-
16,538
-
Jan 16, 2024
foley william p ii
acquired
-
-
625,000
-
Jan 16, 2024
tulsiani dinesh v
acquired
-
-
478,125
chief strategy officer
Jan 16, 2024
scholl stephan
acquired
-
-
4,800,000
chief executive officer
Jan 16, 2024
goff gregory r
sold (taxes)
-2,193,600
8.23
-266,537
see remarks
Jan 16, 2024
rooney katie j.
acquired
-
-
937,500
see remarks
Jan 16, 2024
rooney katie j.
sold (taxes)
-3,425,490
8.23
-416,220
see remarks
Jan 16, 2024
scholl stephan
sold (taxes)
-17,507,200
8.23
-2,127,240
chief executive officer

1–10 of 50

Which funds bought or sold ALIT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
added
3.66
348,284
1,757,900
0.01%
Feb 26, 2024
Neo Ivy Capital Management
sold off
-100
-1,000
-
-%
Feb 20, 2024
POLEN CAPITAL MANAGEMENT LLC
reduced
-9.65
1,045,080
13,056,100
0.03%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
8.65
420,000
1,786,000
-%
Feb 15, 2024
Farther Finance Advisors, LLC
new
-
2,346
2,346
-%
Feb 15, 2024
BARCLAYS PLC
added
49.56
3,235,000
7,282,000
-%
Feb 15, 2024
Legal & General Group Plc
added
2.76
536,915
2,808,660
-%
Feb 15, 2024
JANE STREET GROUP, LLC
added
1,457
10,682,300
11,284,700
-%
Feb 14, 2024
UNITED CAPITAL FINANCIAL ADVISORS, LLC
new
-
110,694
110,694
-%
Feb 14, 2024
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
new
-
190,000
190,000
-%

1–10 of 46

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

Unveiling 2's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Aug 22, 2023
blackstone holdings ii l.p.
4.7%
23,865,454
SC 13D/A

Recent SEC filings of 2

View All Filings
Date Filed Form Type Document
Feb 29, 2024
10-K
Annual Report
Feb 29, 2024
IRANNOTICE
IRANNOTICE
Feb 21, 2024
8-K
Current Report
Feb 21, 2024
SC 13D
13D - Major Acquisition
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 07, 2024
4
Insider Trading
Feb 06, 2024
4
Insider Trading

2 News

Latest updates
Yahoo Finance45 hours ago
Yahoo Finance25 Jan 202408:00 am
Products Finishing22 Jan 202408:00 am

2 Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue18.1%960813806831942750715725864690672689720668---
Gross Profit43.6%369257257257342212219223294238---227---
Operating Expenses65.5%432261278270281262242225254213---185---
  S&GA Expenses12.4%199177193185196178157140169135---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%31.0034.0033.0033.0033.0031.0029.0029.0029.0028.0061.0062.0062.0061.00---
Income Taxes-196.8%-30.0031.003.00-8.0059.00-20.00-9.001.0021.004.000.000.00-3.0017.000.00--
Earnings Before Taxes-1233.3%-200-15.00-69.00-82.00-7.00-65.0043.00-12.0097.00-120-24.22-24.00-36.00-22.00-31.00--
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%-159-48.00-67.00-74.00-64.00-37.0051.00-13.0072.00-10710.0021.0068.00-39.00-31.00-72.00-
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 Cashflow100.0%10251.0046.0027.0052.0047.0061.00-22.0032.00-34.00-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q2
Assets0.3%10,78210,74910,77210,91711,23510,90310,87811,22110,98810,9571,0361,0366,9561,0361,037
  Current Assets8.9%2,7762,5492,4882,5762,8162,5062,4372,7332,4692,9140.000.002,2311.002.00
    Cash Equivalents29.7%3582762712392503042723263727690.000.005061.001.00
  Net PPE3.9%371357358342320296281257236219--334--
  Goodwill-3.8%3,5433,6823,6813,6803,6793,6243,6243,6273,63877.003,374-2,245--
Liabilities3.1%6,0405,8575,8185,9506,1465,7795,7836,2376,0606,2796,2776,2756,273185146
  Current Liabilities4.9%2,1872,0842,0252,1392,3482,0462,0052,3602,1252,14810.006.001,7850.001.00
  Long Term Debt-100.0%-2,7762,7842,7912,7922,8012,8092,8182,8302,839--4,041--
    LT Debt, Current0%25.0025.0025.0025.0031.0031.0031.0040.0038.0043.00--37.00--
    LT Debt, Non Current-0.3%2,7692,7762,7842,7912,7922,8012,8092,8182,8302,839--4,041--
Shareholder's Equity4.8%4,7424,5264,9544,9674,4395,1245,0954,9844,9284,6784,7535.006835.005.00
  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 Capital2.6%4,9464,8234,7344,6904,5144,3664,3114,2674,2284,02466.0041.0011983.0036.00
Shares Outstanding-100.0%-37.0044.0044.0064.0076.0076.0076.0077.0077.0077.0015.0022.00--
Minority Interest-23.5%280366439444650776779780788825-----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q2
Cashflow From Operations51.7%135,00089,00090,00072,00085,00083,00099,00019,00064,000-7,000-221-260-62.90-105-334
  Share Based Compensation42.9%50,00035,00038,00037,00052,00054,00042,00033,00052,00015,0003,0002,000-1,000-
Cashflow From Investing15.8%-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 Financing514.3%58,000-14,000-115,000-160,000127,000-17,000-361,000305,000-225,0002,625,000---620-1,036,620
  Buy Backs-100.0%-26,0004,00010,000-------1,000--3,000

ALIT Income Statement

2023-09-30
Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue$ 813$ 750$ 2,450$ 2,190
Cost of services, exclusive of depreciation and amortization5355231,6181,497
Depreciation and amortization21156139
Gross Profit257212771654
Operating Expenses    
Selling, general and administrative177178555475
Depreciation and intangible amortization8484254254
Total Operating expenses261262809729
Operating Income (Loss)(4)(50)(38)(75)
Other (Income) Expense    
(Gain) Loss from change in fair value of financial instruments(36)10(11)(53)
(Gain) loss from change in fair value of tax receivable agreement11(20)30(63)
Interest expense343110089
Other (income) expense, net2(6)9(14)
Total Other (income) expense, net1115128(41)
Income (Loss) Before Taxes(15)(65)(166)(34)
Income tax expense (benefit)31(20)26(28)
Net Income (Loss)(46)(45)(192)(6)
Net income (loss) attributable to noncontrolling interests2(8)(9)(9)
Net Income (Loss) Attributable to Alight, Inc.$ (48)$ (37)$ (183)$ 3
Earnings Per Share    
Basic (net loss) earnings per share$ (0.1)$ (0.08)$ (0.38)$ 0.01
Diluted (net loss) earnings per share$ (0.1)$ (0.08)$ (0.38) 
Net Income (Loss)$ (46)$ (45)$ (192)$ (6)
Other comprehensive income (loss), net of tax:    
Change in fair value of derivatives(2)45(8)122
Foreign currency translation adjustments(3)(13)3(28)
Total Other comprehensive income (loss), net of tax:(5)32(5)94
Comprehensive Income (Loss) Before Noncontrolling Interests(51)(13)(197)88
Comprehensive income (loss) attributable to noncontrolling interests1(2)(15)6
Comprehensive Income (Loss) Attributable to Alight, Inc.$ (52)$ (11)$ (182)$ 82

ALIT Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 276$ 250
Receivables, net664678
Other current assets290379
Total Current Assets Before Fiduciary Assets1,2301,307
Fiduciary assets1,3191,509
Total Current Assets2,5492,816
Goodwill3,6823,679
Intangible assets, net3,6323,872
Fixed assets, net357320
Deferred tax assets, net56
Other assets524542
Total Assets10,74911,235
Current Liabilities  
Accounts payable and accrued liabilities428508
Current portion of long-term debt, net2531
Other current liabilities312300
Total Current Liabilities Before Fiduciary Liabilities765839
Fiduciary liabilities1,3191,509
Total Current Liabilities2,0842,348
Deferred tax liabilities6360
Long-term debt, net2,7762,792
Long-term tax receivable agreement634568
Financial instruments8797
Other liabilities213281
Total Liabilities5,8576,146
Commitments and Contingencies
Stockholders' Equity  
Treasury stock, at cost (6.4 and 1.5 shares at September 30, 2023 and December 31, 2022, respectively)(52)(12)
Additional paid-in-capital4,8234,514
Retained deficit(341)(158)
Accumulated other comprehensive loss9695
Total Alight, Inc. Stockholders' Equity4,5264,439
Noncontrolling interest366650
Total Stockholders' Equity4,8925,089
Total Liabilities and Stockholders' Equity$ 10,749$ 11,235
ALIT
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
 WEBSITEwww.alight.com
 EMPLOYEES18000

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 Thu Feb 29 2024, market cap of 2 is 329.82 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 Thu Feb 29 2024, ALIT's PE ratio (Price to Earnings) is -1.3 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.