ALIT Stock Recent News

Investors looking for stocks in the Internet - Software sector might want to consider either Alight, Inc. (ALIT) or Paycor HCM, Inc. (PYCR). But which of these two companies is the best option for those looking for undervalued stocks?

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that it has entered into an accelerated share repurchase agreement ("ASR") with Barclays Bank PLC to repurchase $75 million of Alight's common stock, as part of the Company's existing share repurchase program which had remaining authority of $168 million as of June 14, 2024. Under the terms of the ASR, Alight will make an initial paymen.

Alight (ALIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Alight (ALIT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Investors need to pay close attention to Alight (ALIT) stock based on the movements in the options market lately.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight's 2024 Global Impact Report showcases company progress and plans across its key environmental, social and governance (ESG) focus areas.

Alight, Inc. (NYSE:ALIT ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Stephan Scholl - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Greg Goff - President Katie Rooney - Chief Operating Officer Conference Call Participants Kevin McVeigh - UBS Scott Schoenhaus - KeyBanc Kyle Peterson - Needham Peter Heckmann - D.A. Davidson Peter Christiansen - Citi Joseph Vafi - Canaccord Genuity Emily Marzo - Bank of America Tien-tsin Huang - JPMorgan Chase Operator Good morning and thank you for holding.

Alight, Inc. ALIT came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago.

Alight, Inc. (ALIT) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago.

Alight (ALIT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.