Can Alight (ALIT) Run Higher on Rising Earnings Estimates? [Yahoo! Finance]
Alight, Inc. Class A (ALIT)
Company Research
Source: Yahoo! Finance
The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Alight, as there has been strong agreement among the covering analysts in raising estimates.
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ALIT
News
- Here's Why Polen U.S. Small Company Growth Strategy Exited its Position Alight (ALIT) [Yahoo! Finance]Yahoo! Finance
- Alight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams [Yahoo! Finance]Yahoo! Finance
- Alight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft TeamsBusiness Wire
- Alight, Inc. (NYSE: ALIT) had its price target raised by analysts at KeyCorp from $10.00 to $11.00. They now have an "overweight" rating on the stock.MarketBeat
- Alight, Inc. (NYSE: ALIT) had its price target raised by analysts at Canaccord Genuity Group Inc. from $11.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
ALIT
Earnings
- 11/12/24 - Beat
ALIT
Sec Filings
- 11/21/24 - Form 4
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- ALIT's page on the SEC website