Professional
Added to YB: 2024-01-29
Pitch date: 2024-01-29
ALIT [bullish]
Alight, Inc.
-75.85%
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
$1.6B
Pitch Price
$8.74
Price Target
N/A
Dividend
5.19%
EV/EBITDA
9.04
P/E
-1.49
EV/Sales
1.53
Sector
Professional Services
Category
growth
Show full summary:
Greenlight Capital new position: Alight ($ALIT)
$ALIT: Cloud-based HR & payroll for large firms. 98% retention, strong margins, AI upside. Sponsors exited. Bought at $7.98 (10.9x '24 EPS), now $8.53. Efficiency gains to cut costs, repay debt & buyback shares.
Read full article (1 min)