Altair Engineering Inc (ALTR)

Altair Engineering (ALTR) Stock Price & Analysis


ALTR Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$43.17 - $75.00
Previous Close$74.52
Average Volume (3M)316.54K
Market Cap
Enterprise Value$5.99B
Total Cash (Recent Filing)$378.38M
Total Debt (Recent Filing)$339.97M
Price to Earnings (P/E)-101.5
Aug 03, 2023
Next 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
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
Price Target Upside-0.03% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6



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 Available
There is no website visitor data available for this stock.



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. Get more investment ideas with TipRanks Premium
          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.


                  Altair Engineering Stock Smart Score

                  The Altair Engineering stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  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.


                  Top 5 ETFs holding ALTR

                  Market Value
                  Smart Score
                  iShares Expanded Tech-Software Sector ETF
                  Invesco DWA Technology Momentum ETF
                  Fidelity MSCI Information Technology Index ETF
                  Fidelity Nasdaq Composite Index ETF
                  iShares Expanded Tech Sector ETF
                  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


                  Forecast EPS vs Actual EPS

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