ALIT Stock Price, 2 Quote, Chart

Market Summary

USD8.11+0.13

Delayedas of 17 May 2024, 12:49 pm

1.63%

ALIT Alerts

1 major insider sales recently.

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

ALIT Stock Price

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ALIT RSI Chart

ALIT Valuation

Market Cap

291.8M

Price/Earnings (Trailing)

-0.75

Price/Sales (Trailing)

0.09

EV/EBITDA

103.62

Price/Free Cashflow

1.11

ALIT Price/Sales (Trailing)

ALIT Profitability

EBT Margin

-13.77%

Return on Equity

-8.57%

Return on Assets

-3.62%

Free Cashflow Yield

90.13%

ALIT Fundamentals

ALIT Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

-32.73%

Rev. Growth (Qtr)

-41.77%

ALIT Earnings

Earnings (TTM)

-388.0M

Earnings Growth (Yr)

-54.05%

Earnings Growth (Qtr)

28.3%

Breaking Down ALIT Revenue

52 Week Range

6.3310.10

(Low)(High)

Last 7 days

3.6%

Last 30 days

-11.8%

Last 90 days

-16.7%

Trailing 12 Months

-6.5%

How does ALIT drawdown profile look like?

ALIT Financial Health

Current Ratio

1.57

Debt/Equity

0.61

Debt/Cashflow

0.15

ALIT Investor Care

Buy Backs (1Y)

51.76%

Diluted EPS (TTM)

-0.77

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.1B	0	0	0
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
May 15, 2024	Ionic Capital Management LLC	added	1.69	1,860,940	12,539,700	4.04%
May 15, 2024	Voya Investment Management LLC	reduced	-13.73	-5,681	1,482,400	-%
May 15, 2024	Alyeska Investment Group, L.P.	new	-	8,865,000	8,865,000	0.06%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	sold off	-100	-190,000	-	-%
May 15, 2024	CORSAIR CAPITAL MANAGEMENT, L.P.	added	2.32	1,444,100	9,400,400	2.64%
May 15, 2024	New Mountain Capital, L.L.C.	sold off	-100	-147,531,000	-	-%
May 15, 2024	MARSHALL WACE, LLP	added	500	5,931,470	6,931,090	0.01%
May 15, 2024	CANTOR FITZGERALD, L. P.	sold off	-100	-426,500	-	-%
May 15, 2024	ADAGE CAPITAL PARTNERS GP, L.L.C.	new	-	8,618,750	8,618,750	0.02%
May 15, 2024	Royal Bank of Canada	reduced	-90.87	-999,000	117,000	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 10, 2024	cannae holdings, inc.	9.5%	52,477,062	SC 13D/A
May 06, 2024	starboard value lp	7.2%	39,807,000	SC 13D/A
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

Recent SEC filings of 2

View All Filings

Date Filed	Form Type	Document
May 14, 2024	3	Insider Trading
May 14, 2024	8-K	Current Report
May 13, 2024	3	Insider Trading
May 10, 2024	SC 13D/A	13D - Major Acquisition
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 06, 2024	SC 13D/A	13D - Major Acquisition
May 06, 2024	8-K	Current Report
Apr 29, 2024	10-K/A	Annual Report
Apr 11, 2024	4/A	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	-41.8%	559	960	813	806	831	942	750	715	725	864	690	672	689	679	668	-
Gross Profit	-50.7%	182	369	257	257	257	342	212	219	223	294	238	208	-	-	227	-
Operating Expenses	-48.6%	222	432	261	278	270	281	262	242	225	254	213	148	-	-	185	-
S&GA Expenses	-26.6%	146	199	177	193	185	196	178	157	140	169	135	-	-	-	128	-
EBITDA Margin	-71.8%	0.01*	0.03*	0.09*	0.07*	0.11*	0.13*	0.17*	0.15*	0.12*	0.11*	0.04*	0.08*	0.08*	-	-	-
Interest Expenses	0%	31.00	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	10.0%	-27.00	-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	26.0%	-148	-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	-28.3%	-0.14*	-0.11*	-0.05*	-0.07*	-0.03*	-0.01*	0.02*	0.00*	-0.02*	-0.02*	-0.07*	-0.04*	-0.04*	-	-	-
Net Income	28.3%	-114	-159	-48.00	-67.00	-74.00	-64.00	-37.00	51.00	-13.00	72.00	-107	10.00	21.00	68.00	-39.00	-
Net Income Margin	-21.2%	-0.12*	-0.10*	-0.07*	-0.07*	-0.04*	-0.02*	0.02*	0.00*	-0.01*	0.00*	0.00*	0.02*	0.01*	-	-	-
Free Cashflow	-37.3%	64.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Assets	-0.6%	10,714	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	30.3%	3,617	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	-28.5%	256	358	276	271	239	250	304	272	326	372	769	0.00	0.00	506	1.00	1.00
Net PPE	4.3%	387	371	357	358	342	320	296	281	257	236	219	-	-	334	-	-
Goodwill	-9.3%	3,212	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	2.4%	6,186	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	5.6%	2,310	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%	2,762	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	25.00	31.00	31.00	31.00	40.00	38.00	43.00	-	-	37.00	-	-
LT Debt, Non Current	-100.0%	-	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	1.5%	4,528	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	-22.7%	-617	-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	3.4%	5,113	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	-	-	-	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	-96.8%	9.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	-25.9%	100,000	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	-44.0%	28,000	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	-12.5%	-36,000	-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	-227.6%	-74,000	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	-	-	-	26,000	4,000	10,000	-	11,000	-	-	-	-	-	1,000	-	-	3,000

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ALIT Income Statement

2024-03-31

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue	$ 559	$ 586
Cost of services, exclusive of depreciation and amortization	356	382
Depreciation and amortization	21	17
Gross Profit	182	187
Operating Expenses
Selling, general and administrative	146	151
Depreciation and intangible amortization	76	76
Total Operating expenses	222	227
Operating Income (Loss) From Continuing Operations	(40)	(40)
Other (Income) Expense
(Gain) Loss from change in fair value of financial instruments	21	25
(Gain) loss from change in fair value of tax receivable agreement	55	8
Interest expense	31	33
Other (income) expense, net	1	1
Total Other (income) expense, net	108	67
Income (Loss) From Continuing Operations Before Taxes	(148)	(107)
Income tax expense (benefit)	(27)	(23)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total	(121)	(84)
Net Income (Loss) From Discontinued Operations, Net of Tax	5	10
Net Income (Loss)	(116)	(74)
Net income (loss) attributable to noncontrolling interests	(2)	(6)
Net Income (Loss) Attributable to Alight, Inc.	$ (114)	$ (68)
Basic
Continuing operations	$ (0.22)	$ (0.16)
Discontinued operations	0.01	0.02
Net Income (Loss)	(0.21)	(0.14)
Diluted
Continuing operations	(0.22)	(0.16)
Discontinued operations	0.01	0.02
Net Income (Loss)	$ (0.21)	$ (0.14)
Net Income (Loss)	$ (116)	$ (74)
Other comprehensive income (loss), net of tax:
Change in fair value of derivatives	3	(23)
Foreign currency translation adjustments	(2)	3
Total Other comprehensive income (loss), net of tax:	1	(20)
Comprehensive Income (Loss) Before Noncontrolling Interests	(115)	(94)
Comprehensive income (loss) attributable to noncontrolling interests	(6)	(12)
Comprehensive Income (Loss) Attributable to Alight, Inc.	$ (109)	$ (82)

ALIT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 256	$ 324
Receivables, net	393	435
Other current assets	217	260
Fiduciary assets	250	234
Current assets held for sale	2,501	1,523
Total Current Assets	3,617	2,776
Goodwill	3,212	3,212
Intangible assets, net	3,066	3,136
Fixed assets, net	387	331
Deferred tax assets, net	86	38
Other assets	346	341
Long-term assets held for sale		948
Total Assets	10,714	10,782
Current Liabilities
Accounts payable and accrued liabilities	278	325
Current portion of long-term debt, net	25	25
Other current liabilities	282	233
Fiduciary liabilities	250	234
Current liabilities held for sale	1,475	1,370
Total Current Liabilities	2,310	2,187
Deferred tax liabilities	32	32
Long-term debt, net	2,762	2,769
Long-term tax receivable agreement	784	733
Financial instruments	132	109
Other liabilities	166	142
Long-term liabilities held for sale		68
Total Liabilities	6,186	6,040
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)	(52)
Additional paid-in-capital	5,113	4,946
Retained deficit	(617)	(503)
Accumulated other comprehensive loss	75	71
Total Alight, Inc. Stockholders' Equity	4,519	4,462
Noncontrolling interest	9	280
Total Stockholders' Equity	4,528	4,742	$ 5,089
Total Liabilities and Stockholders' Equity	$ 10,714	$ 10,782

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 Thu May 16 2024, market cap of 2 is 291.8 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 May 16 2024, ALIT's PE ratio (Price to Earnings) is -0.75 and Price to Sales (PS) ratio is 0.09. 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.