How to Buy Alight Stock
Alight Inc
Foley Trasimene Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Foley Trasimene Acquisition Corp.
Alight stock last closed at $9.11, down 0.55% from the previous day, and has increased 0.77% in one year. It has underperformed other stocks in the Software - Application industry by 0.27 percentage points. Alight stock is currently +43.92% from its 52-week low of $6.33, and -12.24% from its 52-week high of $10.38.
There are currently 562.98M shares of ALIT outstanding. The market cap of ALIT is $5.13B. In the last 24 hours, 2.77M ALIT shares were traded.
How to Buy Alight Stock
Not sure how to invest in Alight stock? Here's how.
- Decide where to buy Alight stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Alight stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your details.
- Evaluate Alight stock: The Alight ticker symbol is ALIT. Is Alight stock a good investment? Should you buy shares of ALIT? How do ALIT's underlying business fundamentals look? Do top analysts think Alight is a good buy? Why has ALIT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ALIT is a good stock to buy).
- Place your ALIT trade: Decide if you will purchase ALIT shares at the current market price or use a limit order to purchase ALIT shares at a particular price.
- Get updates on your ALIT investment: Create a watchlist to keep track of your position in Alight shares.
Step 1: Decide where to buy Alight stock
You need a brokerage account in order to access the NYSE market and buy ALIT shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world markets: From Tech to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you can buy ALIT today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Alight stock
Once you have decided on the best place to buy Alight stock, it's important to evaluate their stock prior to buying, so you truly understand the risk and opportunity.
Overview of key ALIT info
ALIT Zen Score
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on ALIT's stock page.
Is ALIT stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ALIT's intrinsic value.
Using relative valuations ratios:
- ALIT could be undervalued based on its P/B ratio of 1.15x, relative to Software - Application industry P/B ratio of 6.49x
You can do more valuation analysis on ALIT's stock here.
ALIT Financial Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the ALIT balance sheet.
Negative Financial Indicators:
- ALIT's operating cash flow of $386.00M allows it to safely service it's debt of $2.79B.
- There are more long-term liabilities than short-term assets on the ALIT balance sheet.
- ALIT earnings of -$218.00M is not enough to cover its interest payments.
- ALIT profit margin has gone down from -2% to -10.1% in the past year.
- ALIT has a relatively high debt to equity ratio of 1.35.
Is Alight stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who give forecasts on ALIT, the consensus analyst rating on ALIT is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Alight stock forecast page.
ALIT Momentum
Is ALIT Growing Revenue?
Last year, ALIT revenue was $3.41B. In the past 5 year, ALIT's revenue has increased by 7.48% per year. This was slower than the Software - Application industry average of 27.57%.
You can research ALIT's earnings and revenue performance here.
Latest Insiders Trades at ALIT
Over the past 12 months, executives and large shareholders at ALIT have sold more shares than they have bought.
Stephan Scholl, Chief Executive Officer of ALIT, was the latest ALIT insider to sell. They sold $223,896.46 worth of ALIT stock on Apr 9, 2024.
Learn more about who owns ALIT stock here.
Does ALIT provide a stable income stream?
No, Alight doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your ALIT trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your ALIT investment
Now that you own some shares in ALIT, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to monitor your ALIT stock.
ALIT Feed
How to Buy Stock in Alight
To reiterate, here are the 6 steps to buy Alight stock:
- Decide where to buy Alight stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Alight stock
- Place your ALIT trade
- Get updates on your ALIT investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Alight, create your watchlist below.
Related "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.