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Altair Engineering Inc (ALTR)
NASDAQ:ALTR
Altair Engineering (ALTR) Stock Price & Analysis
179 Followers
ALTR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.17 - $75.00
Previous Close$74.52
Volume522.20K
Average Volume (3M)316.54K
Market Cap
$6.03B
Enterprise Value$5.99B
Total Cash (Recent Filing)$378.38M
Total Debt (Recent Filing)$339.97M
Price to Earnings (P/E)-101.5
Beta1.23
Next Earnings
Aug 03, 2023EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.73
Shares Outstanding80,708,798
10 Day Avg. Volume271,408
30 Day Avg. Volume316,542
Standard Deviation0.11
R-Squared0.54
Alpha0.00695
Financial Highlights & Ratios
Price to Book (P/B)614.25
Price to Sales (P/S)23.97
Price to Cash Flow (P/CF)23.70
P/FCF Ratio23.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.36
Enterprise Value/Gross Profit13.33
Enterprise Value/Ebitda-446.21
Forecast
1Y Price Target
$74.50Price Target Upside-0.03% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Altair Engineering News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Monthly Users
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ALTR FAQ
What was Altair Engineering Inc’s price range in the past 12 months?
Altair Engineering Inc lowest stock price was $43.17 and its highest was $75.00 in the past 12 months.
What is Altair Engineering Inc’s market cap?
Currently, no data Available
When is Altair Engineering Inc’s upcoming earnings report date?
Altair Engineering Inc’s upcoming earnings report date is Aug 03, 2023 which is in 67 days.
How were Altair Engineering Inc’s earnings last quarter?
Altair Engineering Inc released its earnings results on May 04, 2023. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.287 by $0.073.
Is Altair Engineering Inc overvalued?
According to Wall Street analysts Altair Engineering Inc’s price is currently Overvalued.
Does Altair Engineering Inc pay dividends?
Altair Engineering Inc does not currently pay dividends.
What is Altair Engineering Inc’s EPS estimate?
Altair Engineering Inc’s EPS estimate is $0.14.
How many shares outstanding does Altair Engineering Inc have?
Altair Engineering Inc has 53,414,223 shares outstanding.
What happened to Altair Engineering Inc’s price movement after its last earnings report?
Altair Engineering Inc reported an EPS of $0.36 in its last earnings report, beating expectations of $0.287. Following the earnings report the stock price went up 2.003%.
Which hedge fund is a major shareholder of Altair Engineering Inc?
Among the largest hedge funds holding Altair Engineering Inc’s share is Matrix Capital Management Company, LP. It holds Altair Engineering Inc’s shares valued at 806M.
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Altair Engineering Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$74.50 (-0.03% Downside)
$74.50 (-0.03% Downside)
Blogger Sentiment
Bullish
ALTR Sentiment 75%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 171.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $44.0M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.33%
12-Months-Change
Fundamentals
Return on Equity
-9.28%
Trailing 12-Months
Asset Growth
8.16%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Altair Engineering Inc
Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing and data intelligence. It operates through the following segments: Software and Client Engineering Services. The Software segment includes a portfolio of software products; as well as solvers and optimization technology products, modelling and visualization tools. The Client Engineering Services segment engages in the provision of client engineering services to support customers with long-term, ongoing product design and development expertise. The company was founded by James R. Scapa in 1985 and is headquartered in Troy, MI.
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Top 5 ETFs holding ALTR
iShares Expanded Tech-Software Sector ETF
$10.43M
Invesco DWA Technology Momentum ETF
$3.66M
Fidelity MSCI Information Technology Index ETF
$2.25M
Fidelity Nasdaq Composite Index ETF
$933.32K
iShares Expanded Tech Sector ETF
$901.50K
Up to five ETFs with an Outperform Smart Score that hold ALTR. The ETFs are listed according to market value of ALTR within the ETF
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