Beyond The Numbers: 6 Analysts Discuss Alight Stock
Portfolio Pulse from Benzinga Insights
Six analysts have recently updated their ratings on Alight (NYSE:ALIT), showing a positive shift with an average 12-month price target of $12.33, up 7.22% from the previous $11.50. The ratings range from bullish to somewhat bullish, with no bearish or indifferent stances. Alight's financial performance shows a revenue growth of 1.91% as of December 31, 2023, but struggles with below-average net margin, ROE, and ROA, despite a balanced debt approach.
March 21, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Alight's stock receives positive analyst attention with an updated average price target of $12.33, indicating a bullish outlook despite financial challenges.
The increase in the average price target to $12.33 from $11.50 reflects a positive sentiment among analysts, suggesting a potential upside for Alight's stock. This optimism is based on recent analyst ratings and adjustments, despite Alight's financial challenges such as below-average net margin, ROE, and ROA. The balanced debt approach and revenue growth are positive signs, but the company's performance in profitability and asset efficiency could be areas of concern for investors. The overall bullish sentiment from analysts could lead to short-term positive momentum in Alight's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100