With 5.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.84 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $6.91 whereas the lowest price it dropped to was $6.79. The 52-week range on ALIT shows that it touched its highest point at $10.38 and its lowest point at $6.15 during that stretch. It currently has a 1-year price target of $10.56. ALIT paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 0.95.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALIT was down-trending over the past week, with a drop of -1.15%, but this was up by 0.15% over a month. Three-month performance dropped to -3.79% while six-month performance fell -9.51%. The stock lost -24.14% in the past year, while it has lost -1.01% so far this year. A look at the trailing 12-month EPS for ALIT yields -0.47 with Next year EPS estimates of 0.59. For the next quarter, that number is 0.23. This implies an EPS growth rate of -25.48% for this year and 11.17% for next year.
Float and Shares Shorts:
At present, 532.44 million ALIT shares are outstanding with a float of 451.85 million shares on hand for trading. On 2025-01-15, short shares totaled 32.11 million, which was 603.00004 higher than short shares on 1734048000. In addition to Mr. Martin T. Felli as the firm’s Chief Legal Officer & Corporate Secretary, Mr. Stephan D. Scholl serves as its Advisor.
Institutional Ownership:
Through their ownership of 1.06258 of ALIT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ALIT reported revenue of $555000000.0 and operating income of $-42000000.0. The EBITDA in the recently reported quarter was $40000000.0 and diluted EPS was $-0.14.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALIT since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ALIT analysts setting a high price target of 12.0 and a low target of 8.0, the average target price over the next 12 months is 10.5625. Based on these targets, ALIT could surge 75.18% to reach the target high and rise by 16.79% to reach the target low. Reaching the average price target will result in a growth of 54.2% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.54534 being high and $0.52014 being low. For ALIT, this leads to a yearly average estimate of $0.52911.
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