Professional
Added to YB: 2024-09-11
Pitch date: 2024-06-30
ALIT [bullish]
Alight, Inc.
-93.49%
current return
Author Info
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Company Info
Alight, Inc. a technology-enabled services company worldwide. The company provides Alight Worklife, an intuitive, cloud-based employee engagement platform.
Market Cap
$375.4M
Pitch Price
$141.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.71
P/E
-0.19
EV/Sales
1.02
Sector
Professional Services
Category
N/A
Show full summary:
Meridian Growth Fund Portfolio Holding: Alight, Inc.
ALIT trimmed position: Cloud-based HR tech leader with cost-effective, automated solutions. Stock rose on non-core unit sale & activist investor entry, prompting trim. Later declined on weak results, but likely temporary. Distinct advantage in low-cost, high-quality HR services.
Read full article (1 min)