Latest news with #Alight
Yahoo
a day ago
- Business
- Yahoo
Needham Reiterated a Buy Rating on Alight, Inc (ALIT)
Alight, Inc. (NYSE:ALIT) is one of the . On June 20, Kyle Peterson from Needham reiterated a Buy rating on Alight, Inc. (NYSE:ALIT) with a price target of $8. The analyst reiterated the bullish sentiment, drawing from recent meetings with the company's CEO and CFO. Peterson noted management's strong dedication to improving relationships with both clients and third-party evaluators, which he believes signals a clear strategy to reinforce Alight, Inc. (NYSE:ALIT)'s position in the market. A person viewing their financial progress on a computer, highlighting the financial health offerings of the company. Peterson also points out the company's promising growth prospects, noting significant opportunities in areas including leave management. Moreover, the company's adoption of Generative AI to enhance operational efficiency is also seen as a key driver for future success. The analyst believes that the company trades at an attractive valuation, creating a compelling risk-reward balance for growth-at-a-reasonable-price (GARP) investors. Alight, Inc. (NYSE:ALIT) is a cloud-based Human Resource Management technology and services provider. While we acknowledge the potential of ALIT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Time of India
5 days ago
- Business
- Time of India
401(k) panic in America: Investors flee to safety amid tariff chaos — biggest shift in 5 years
What's going on with 401(k) flows right now? 40 out of 61 trading days in Q2 saw net movement out of equities into fixed income. Roughly 42% of inflows went directly into bond funds. Stable value funds alone absorbed a massive 40% of March's total trading inflows, driven by their principal protection features. Why did 401(k) investors move away from stocks in Q2? Live Events What made Q2 trading activity the highest in 5 years? 'These moves towards fixed income investments reflect a desire among investors to reduce volatility in their retirement accounts. While some reacted to market swings, others took a more measured approach, rebalancing their portfolios to meet target allocations, especially since equities outperformed fixed income in the second quarter.' When did investor behavior start to shift again? Is this panic, or a smart tactical shift? 'These moves toward fixed income reflect a desire to reduce volatility,' said Rob Austin, head of thought leadership at Alight. 'Some investors reacted emotionally to the swings, but others took a calculated approach to rebalance after equities outperformed earlier in the year.' How do Alight's findings compare to Fidelity's 401(k) data? 'It was really encouraging to see that despite a lot of things going on, and economic ups and downs, people continued to save and didn't pull back, or make a lot of changes to their asset allocation.' What retirement savers should take away from this shift Staying the course still works Advisors continue to recommend long-term investing. The majority of gains often come after big drops — and trying to time the market can be more damaging than riding it out. Tactical shifts are okay — if you're close to retirement If you're nearing retirement, shifting some assets to stable value or cash-like investments can help protect against locking in losses. Opportunistic buying isn't reckless While some ran for safety, others saw the pullback as a chance to buy quality tech and growth stocks at a discount. Why it's the biggest shift in five years What does this mean for long-term retirement planning? Should 401(k) investors worry about short-term volatility? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel 401(k) investors saw no reason to sit still during the market swings in the second quarter. According to Alight Solutions' 401(k) Index, retirement account trading spiked to its highest level in five years as investors actively moved their money away from stocks and into safer options like bonds. Out of 61 trading days in the quarter, investors shifted money out of equities on 40 days, showing a strong desire for stability amid tariff worries and market March 2025, trading in 401(k) plans spiked to levels not seen since the COVID crash in October 2020. The movement was stark: investors pulled significant funds from equities — especially target-date funds, large-cap U.S. stock funds, and mid-cap equities — and poured them into conservative options like bonds, money market funds, and stable value second quarter of 2025 brought choppy markets, largely driven by uncertainty around tariffs and broader economic signals. Many 401(k) investors didn't feel comfortable riding the wave. Instead, they chose to protect their retirement savings by reallocating to Alight Solutions, a striking 42% of inflows went into fixed income funds. A large chunk of these movements came out of target-date funds, which are typically designed to adjust risk over time and meant to be left untouched. Yet, even these were heavily traded — a sign that investors were feeling savers also moved funds out of company stock and mid-sized U.S. equity funds, diverting those dollars into bond funds, stable value funds, and to a lesser extent, money market was an unusually high level of daily movement within 401(k) accounts in the second quarter. Out of the 61 trading days, activity tilted toward fixed income on 40 of those days. This marks the highest quarterly trading activity in five years, reflecting a significant shift in investor Austin, head of thought leadership at Alight Solutions, explained the mindset:Interestingly, the tide began to shift again in June, when trading volumes dropped compared to April and May. Investor confidence seemed to be stabilizing slightly by then. New contributions to equities also inched up from 70% to 70.4%, showing a slow return of equity categories, international equities saw the highest net inflows, indicating some investors were looking for growth outside the U.S. despite earlier institutional investors have dumped over $1 trillion in equities this year, retail and 401(k) investors have surprisingly held steady — investing around $50 billion per month on average. And according to Vanguard, a whopping 97% of their 401(k) participants didn't trade at all in the data from Alight Solutions shows that a large segment of investors did actively rebalance, pulling money from riskier holdings in favor of more stable income-producing trends from Alight Solutions contrast sharply with what Fidelity Investments reported for the first quarter. Fidelity saw more stable investor behavior, even amid economic Shamrell, Vice President of Workplace Thought Leadership at Fidelity, said:But that optimism didn't carry over into Q2 — at least not for all 401(k) holders. While some continued to save steadily, a large group of investors felt compelled to take action as markets quarter's trading marks the most dramatic reallocation of 401(k) assets since 2020, highlighting a clear shift in investor sentiment. While it's not full-blown panic, the data shows a strong trend toward capital preservation and risk aversion — the biggest tilt of its kind in half a even with all the churn, the core story remains stable: most Americans are still saving consistently, staying invested, and trusting the long-term power of the high volume of trades into fixed income could reflect a growing sensitivity to risk among retirement investors, especially those nearing retirement age. But experts often warn against making emotional or short-term decisions based on market Q2's volatility triggered active trading, it's worth noting that equities still outperformed fixed income during the quarter, according to Alight. This suggests that those who stuck with their stock-heavy portfolios may have actually come out ahead — reinforcing the idea that long-term discipline usually beats short-term swings are a natural part of investing, but data from Q2 shows many people still react emotionally to headlines and short-term noise. The lesson here may not be to avoid moving your money entirely — rather, it's about making measured, goal-driven adjustments and staying focused on your long-term financial you're looking to rebalance or just trying to better understand what your 401(k) is doing, staying informed and checking in on your investment strategy regularly is always a smart move.A: Many 401(k) investors shifted to bonds to avoid market risk during recent volatility.A: The 401(k) Index showed the highest trading activity in 5 years, with a focus on conservative assets.
Yahoo
30-06-2025
- Business
- Yahoo
Spotting Winners: Alight (NYSE:ALIT) And Professional Staffing & HR Solutions Stocks In Q1
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Alight (NYSE:ALIT) and the rest of the professional staffing & hr solutions stocks fared in Q1. The Professional Staffing & HR Solutions subsector within Business Services is set to benefit from evolving workforce trends, including the rise of remote work and the gig economy. With companies casting a wider net to find talent due to remote work, the expertise of staffing and recruiting companies is even more valuable. For those who invest wisely, the use of predictive AI in recruitment and screening as well as automation in HR workflows can enhance efficiency and scalability. On the other hand, digitization means that talent discovery is less of a manual process, opening the door for tech-first platforms. Additionally, regulatory scrutiny around data privacy in HR is evolving and may require companies in this sector to change their go-to-market strategies over time. The 8 professional staffing & HR solutions stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 0.8% while next quarter's revenue guidance was 0.7% below. While some professional staffing & HR solutions stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.2% since the latest earnings results. Born from a corporate spinoff in 2017 to focus on employee experience technology, Alight (NYSE:ALIT) provides human capital management solutions that help companies administer employee benefits, payroll, and workforce management systems. Alight reported revenues of $548 million, down 2% year on year. This print exceeded analysts' expectations by 1.2%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EPS guidance for next quarter estimates and full-year revenue guidance meeting analysts' expectations. 'Our first quarter performance met expectations and we are off to a strong start to the year,' said CEO Dave Guilmette. Alight delivered the weakest full-year guidance update of the whole group. Interestingly, the stock is up 6.4% since reporting and currently trades at $5.57. Is now the time to buy Alight? Access our full analysis of the earnings results here, it's free. Processing approximately 100 million background checks annually across more than 200 countries and territories, First Advantage (NASDAQ:FA) provides employment background screening, identity verification, and compliance solutions to help companies manage hiring risks. First Advantage reported revenues of $354.6 million, up 109% year on year, outperforming analysts' expectations by 2.9%. The business had an exceptional quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' full-year EPS guidance estimates. First Advantage achieved the fastest revenue growth and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 5.6% since reporting. It currently trades at $15.81. Is now the time to buy First Advantage? Access our full analysis of the earnings results here, it's free. With roots dating back to 1948 as the first specialized recruiting firm for accounting and finance professionals, Robert Half (NYSE:RHI) provides specialized talent solutions and business consulting services, connecting skilled professionals with companies across various fields. Robert Half reported revenues of $1.35 billion, down 8.4% year on year, falling short of analysts' expectations by 4.3%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Robert Half delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 12% since the results and currently trades at $40.88. Read our full analysis of Robert Half's results here. With nearly 60 years of matching skilled professionals with the right opportunities, Kforce (NYSE:KFRC) is a professional staffing company that specializes in placing technology and finance experts with businesses on both temporary and permanent bases. Kforce reported revenues of $330 million, down 6.2% year on year. This number lagged analysts' expectations by 1%. Overall, it was a softer quarter as it also produced a miss of analysts' EPS estimates. The stock is down 3.2% since reporting and currently trades at $41.29. Read our full, actionable report on Kforce here, it's free. Founded during the post-World War II economic boom when businesses needed temporary workers, ManpowerGroup (NYSE:MAN) connects millions of people to employment opportunities through its global network of staffing, recruitment, and workforce management services. ManpowerGroup reported revenues of $4.09 billion, down 7.1% year on year. This print topped analysts' expectations by 2.9%. More broadly, it was a slower quarter as it logged a significant miss of analysts' EPS estimates. The stock is down 18.2% since reporting and currently trades at $40.47. Read our full, actionable report on ManpowerGroup here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
ALIT Q1 Earnings Call: Technology Initiatives and Contract Renewals Drive Steady Outlook
Human capital management provider Alight (NYSE:ALIT) reported Q1 CY2025 results topping the market's revenue expectations , but sales fell by 2% year on year to $548 million. The company expects the full year's revenue to be around $2.35 billion, close to analysts' estimates. Its non-GAAP profit of $0.10 per share was in line with analysts' consensus estimates. Is now the time to buy ALIT? Find out in our full research report (it's free). Revenue: $548 million vs analyst estimates of $541.4 million (2% year-on-year decline, 1.2% beat) Adjusted EPS: $0.10 vs analyst estimates of $0.10 (in line) Adjusted EBITDA: $118 million vs analyst estimates of $115.4 million (21.5% margin, 2.3% beat) The company reconfirmed its revenue guidance for the full year of $2.35 billion at the midpoint Adjusted EPS guidance for Q2 CY2025 is $0.61 at the midpoint, above analyst estimates of $0.11 EBITDA guidance for the full year is $632.5 million at the midpoint, above analyst estimates of $627.2 million Operating Margin: -1.5%, up from -7.2% in the same quarter last year Market Capitalization: $2.88 billion Alight's first quarter results reflected management's focus on technology-driven service delivery and client retention, as highlighted by CEO Dave Guilmette. Guilmette emphasized progress in deploying Alight Worklife's AI-enabled features, including the new self-service leaves administration platform, which aims to simplify absence management for clients. The quarter also saw successful contract renewals with major clients such as Starbucks and US Foods, illustrating the company's push to reinforce its recurring revenue base. CFO Jeremy Heaton further attributed the results to operational improvements within Alight's service and implementation routines, noting that nearly 80% of clients now utilize some AI-driven functionality. While project revenues remained subdued due to macroeconomic caution and fewer merger-driven projects, management expressed confidence in the recurring model and highlighted a 30% expansion in the sales pipeline as an indicator of underlying demand. Looking ahead, Alight's outlook is shaped by ongoing investments in technology and a continued emphasis on operational efficiency. Management reaffirmed its annual guidance, citing high contract coverage and a robust renewal cycle as key underpinnings. Dave Guilmette stated, 'Our transformation initiatives are on track to deliver a better client experience, streamline processes and drive margin expansion.' However, the company remains watchful of market volatility, which could extend client decision timelines and influence discretionary project work. CFO Jeremy Heaton addressed this caution, noting that while the business model is stable, Alight is monitoring participant counts and project demand closely. The introduction of a 15-month restructuring program is expected to support operational improvements, with all associated costs and benefits factored into full-year expectations. Management attributed first quarter performance to stable recurring revenues, successful client renewals, and the execution of technology initiatives, while acknowledging continued caution in discretionary project work. Client renewals drive stability: Management highlighted the successful renewal of major clients, including Starbucks, Baxter, US Foods, and Otis Elevator Company, which helps reinforce the company's base of recurring revenue and supports future revenue visibility. AI and platform enhancements: The rollout of Alight's self-service leaves administration reporting platform, paired with AI-driven insights, was cited as a major innovation for simplifying absence management. Management noted only 10% penetration of this offering across its top 200 clients, indicating significant room for growth. Operational model improvements: The company is shifting from a solution-centric to a centers-of-excellence (COE) approach, standardizing implementation routines across products. This transition aims to reduce implementation costs and time-to-market for clients, supporting both efficiency gains and service consistency. Pipeline expansion amid macro caution: Alight reported a 30% increase in its sales pipeline, particularly in core administration, leave, and navigation solutions. Despite this, management acknowledged that increased market volatility can elongate client decision cycles, especially for discretionary projects. Service and customer care investments: Enhanced customer care initiatives led to a 12-point improvement in Net Promoter Score (NPS) for annual enrollment, reflecting efforts to improve the client experience and differentiate Alight's offerings in a competitive market. Alight's forward outlook is anchored by technology investments, operational restructuring, and the ongoing renewal cycle, with management closely monitoring macroeconomic trends and project demand. Technology transformation and AI adoption: Management believes that ongoing enhancements to the Alight Worklife platform, including AI-enabled reporting and automation, will drive better client outcomes and operational efficiencies, supporting margin expansion even if revenue growth is muted. Renewal cycle and contract coverage: With 92% of projected 2025 revenue already under contract, Alight's leadership expects continued stability from its recurring revenue base. The company's focus on retaining and expanding client relationships is seen as critical to achieving its full-year financial objectives. Macroeconomic and project revenue risks: Management remains cautious about the potential for delayed client decision-making and softness in discretionary project revenues due to market volatility. Additionally, exposure to financial market performance in the wealth business is small, but a protracted downturn could have a modest impact on fee income. Going forward, the StockStory team will be monitoring (1) continued progress on client renewals and expansion of Alight Worklife's AI-enabled features, (2) whether the increased sales pipeline translates into higher project revenue in the second half of the year, and (3) execution of operational restructuring and the resulting margin improvements. Developments in the macroeconomic environment and participant volumes will also be key areas of focus. Alight currently trades at a forward P/E ratio of 8.6×. At this valuation, is it a buy or sell post earnings? Find out in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
02-06-2025
- Business
- Business Wire
Alight Names Donna Dorsey as Chief Human Resources Officer
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of human capital and technology-enabled services, today announced the appointment of Donna Dorsey as Chief Human Resources Officer (CHRO). As CHRO, Donna will lead Alight's global people strategy, overseeing talent development, organizational effectiveness, culture, and employee experience. 'Donna brings an exceptional blend of HR leadership, coaching expertise, and legal acumen that aligns seamlessly with our culture and strategic goals,' said Dave Guilmette, CEO of Alight. 'I look forward to partnering with her as we continue evolving our employee experience and strengthening Alight as a destination for top talent.' Dorsey joins Alight from International Motors (formerly Navistar), where she served as Executive Vice President, Chief People and Culture Officer. In that role, she led enterprise-wide HR strategy and oversaw key initiatives to build inclusive, high-performing cultures. 'I'm honored to join Alight at such a pivotal time in its growth journey,' said Dorsey. 'Alight has a reputation for putting people first—both colleagues and clients—and I'm excited to build on that legacy. I look forward to collaborating with the HR team and executive leadership to foster a workplace where every colleague can thrive and contribute to delivering extraordinary value.' Recognized for her strategic vision and inclusive leadership style, Dorsey is known for cultivating cultures of equity, mentoring diverse teams, and aligning talent strategies with business outcomes. She is a member of the board of directors for Root Inc., a leading technology company powering insurance solutions and parent of Root Insurance. About Alight Solutions Alight is a leading cloud-based human capital technology and services provider for many of the world's largest organizations and 35 million people and dependents. Through the administration of employee benefits, Alight helps clients gain a benefits advantage while building a healthy and financially secure workforce by unifying the benefits ecosystem across health, wealth, wellbeing, absence management and navigation. Our Alight Worklife® platform empowers employers to gain a deeper understanding of their workforce and engage them throughout life's most important moments with personalized benefits management and data-driven insights, leading to increased employee wellbeing, engagement and productivity. Learn more about the Alight Benefits Advantage™ at
