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Altair Engineering Inc. (ALTR)

80.84 +0.07 (+0.09%)
As of 9:30 AM EDT. Market Open.
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DELL
  • Previous Close 80.77
  • Open 80.84
  • Bid 80.17 x 100
  • Ask 81.73 x 200
  • Day's Range 80.84 - 81.13
  • 52 Week Range 57.59 - 92.92
  • Volume 13,697
  • Avg. Volume 401,829
  • Market Cap (intraday) 6.712B
  • Beta (5Y Monthly) 1.42
  • PE Ratio (TTM) --
  • EPS (TTM) -0.11
  • Earnings Date May 2, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 94.00

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.

www.altair.com

3,400

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ALTR

Performance Overview: ALTR

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ALTR
3.93%
S&P 500
4.95%

1-Year Return

ALTR
14.73%
S&P 500
20.48%

3-Year Return

ALTR
27.71%
S&P 500
19.60%

5-Year Return

ALTR
119.73%
S&P 500
72.32%

Compare To: ALTR

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Statistics: ALTR

Valuation Measures

As of 4/18/2024
  • Market Cap

    6.71B

  • Enterprise Value

    6.58B

  • Trailing P/E

    --

  • Forward P/E

    61.73

  • PEG Ratio (5yr expected)

    5.14

  • Price/Sales (ttm)

    10.63

  • Price/Book (mrq)

    9.43

  • Enterprise Value/Revenue

    10.74

  • Enterprise Value/EBITDA

    113.71

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -1.46%

  • Return on Assets (ttm)

    0.29%

  • Return on Equity (ttm)

    -1.39%

  • Revenue (ttm)

    612.7M

  • Net Income Avi to Common (ttm)

    -8.93M

  • Diluted EPS (ttm)

    -0.11

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    467.46M

  • Total Debt/Equity (mrq)

    47.63%

  • Levered Free Cash Flow (ttm)

    105.28M

Research Analysis: ALTR

Analyst Price Targets

85.00
94.00 Average
80.84 Current
100.00 High
 

Fair Value

Overvalued
% Return
80.84 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: ALTR

  • Daily – Vickers Top Buyers & Sellers for 04/02/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Daily – Vickers Top Buyers & Sellers for 03/27/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Daily – Vickers Top Buyers & Sellers for 11/18/2022

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     

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