Wedbush Has Pessimistic Outlook of Alight Q1 Earnings

Alight, Inc. (NYSE:ALIT) – Research analysts at Wedbush dropped their Q1 2025 earnings estimates for Alight in a report issued on Tuesday, March 25th. Wedbush analyst D. Ives now expects that the company will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.13. Wedbush has a “Outperform” rating and a $11.00 price objective 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 Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.07 EPS, Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.26 EPS and FY2026 earnings at $0.57 EPS.

A number of other equities analysts have also commented on the stock. DA Davidson restated a “buy” rating and issued a $10.00 price target on shares of Alight in a research report on Wednesday. Needham & Company LLC reissued a “buy” rating and issued a $9.00 target price on shares of Alight in a report on Monday, March 24th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $10.19.

Alight Stock Down 4.9 %

Shares of NYSE:ALIT opened at $5.91 on Thursday. The company has a market capitalization of $3.21 billion, a PE ratio of -19.68 and a beta of 0.94. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.30 and a current ratio of 1.30. The company’s fifty day moving average is $6.56 and its 200-day moving average is $7.01. Alight has a 52 week low of $5.87 and a 52 week high of $9.92.

Alight (NYSE:ALIT) last posted its earnings results on Thursday, February 20th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.04). Alight had a positive return on equity of 5.42% and a negative net margin of 5.53%. The company had revenue of $680.00 million for the quarter, compared to the consensus estimate of $675.66 million.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Blue Trust Inc. increased its holdings in 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 purchasing an additional 1,729 shares during the last quarter. Public Employees Retirement System of Ohio grew its position 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 buying an additional 1,996 shares during the period. Venturi Wealth Management LLC bought a new stake in shares of Alight in the 4th quarter valued at about $50,000. Sandia Investment Management LP acquired a new stake in shares of Alight in the 4th quarter valued at approximately $69,000. Finally, Soros Fund Management LLC bought a new position in Alight during the 3rd quarter worth approximately $89,000. Institutional investors and hedge funds own 96.74% of the company’s stock.

Insiders Place Their Bets

In other Alight news, Director Robert A. Schriesheim purchased 22,092 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average cost of $6.79 per share, with a total value of $150,004.68. Following the completion of 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 position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard N. Massey acquired 100,000 shares of Alight stock in a transaction on Monday, March 10th. The stock was acquired at an average cost of $6.39 per share, for a total transaction of $639,000.00. Following the completion of the purchase, the director now owns 1,573,489 shares of the company’s stock, valued at approximately $10,054,594.71. The trade was a 6.79 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 125,092 shares of company stock valued at $807,755. 5.33% of the stock is currently owned by corporate insiders.

Alight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend was Monday, March 3rd. Alight’s dividend payout ratio (DPR) is presently -53.33%.

About Alight

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.