Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Over the last six months, Alight’s shares have sunk to $6.25, producing a disappointing 13.9% loss while the S&P 500 was flat. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Although the S&P 500 is down 1.4% over the past six months, Alight’s stock price has fallen further to $6.01, losing shareholders 18% of their capital. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Korn Ferry (NYSE:KFY) and the best and worst performers in the professional staffing & hr solutions industry.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
