Alight ALIT
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Alight (ALIT) Business Model and Operations Summary
Alight Inc is a technology-enabled services company delivering human capital management solutions to many of complex organizations. This includes the implementation and administration of employee benefits (e.g., health, wealth and leaves benefits) solutions, currently operates under one reportable segment, Employer Solutions. The Company completed the Divestiture of Alight's Professional Services segment and Alight's Payroll & HCM Outsourcing business within the Employer Solutions segment. The company operates in USA states and International market too.
Key Insights
Alight (ALIT) Core Market Data and Business Metrics
Latest Closing Price
$5.89Market Cap
$3.14 BillionPrice-Earnings Ratio
-20.31Total Outstanding Shares
532.67 Million SharesTotal Employees
9,500Dividend
$0.04 Per Share QuarterlyIPO Date
July 6, 2021SIC Description
Services-business Services, NecPrimary Exchange
New York Stock ExchangeHeadquarters
4 Overlook Point, Lincolnshire, IL, 60069
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 8,540,773 Shares | 3.55 | 3/14/2025 | 30,319,574 Shares |
| 8,799,730 Shares | 3.53 | 2/28/2025 | 31,101,752 Shares |
| 6,471,397 Shares | 4.83 | 2/14/2025 | 31,261,143 Shares |
| 4,556,953 Shares | 6.95 | 1/31/2025 | 31,691,590 Shares |
| 5,118,585 Shares | 6.27 | 1/15/2025 | 32,112,790 Shares |
| 5,400,502 Shares | 6.13 | 12/31/2024 | 33,120,684 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-1.07 Billion |
| Net Cash Flow From Operating Activities | $252 Million |
| Net Cash Flow From Investing Activities, Continuing | $847 Million |
| Net Cash Flow From Investing Activities | $836 Million |
| Net Cash Flow | $15 Million |
| Net Cash Flow From Financing Activities, Discontinued | $22 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Gross Profit | $794 Million |
| Operating Expenses | $884 Million |
| Income Tax Expense/Benefit, Current | $11 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $-2 Million |
| Revenues | $2.33 Billion |
| Basic Earnings Per Share | $-0.29 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $-28 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $-6 Million |
| Comprehensive Income/Loss Attributable To Parent | $-181 Million |
| Comprehensive Income/Loss | $-187 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Current Assets | $1.21 Billion |
| Equity Attributable To Parent | $4.31 Billion |
| Noncurrent Assets | $6.93 Billion |
| Prepaid Expenses | $56 Million |
| Intangible Assets | $2.85 Billion |
| Equity Attributable To Noncontrolling Interest | $4 Million |
Historical Dividends
Current dividend: $0.04 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 13, 2025 | Mar 17, 2025 | Mar 3, 2025 | $0.04 | Quarterly |