Altair Engineering Inc (ALTR)

Altair Engineering Stock Analysis & Ratings



P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.


Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Monthly Users

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What was Altair Engineering’s price range in the past 12 months?
Altair Engineering lowest stock price was $48.20 and its highest was $82.96 in the past 12 months.
    What is Altair Engineering’s market cap?
    Currently, no data Available
    What is Altair Engineering’s price target?
    The average price target for Altair Engineering is $63.20. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
    The highest analyst price target is $70.00 ,the lowest forecast is $41.00. The average price target represents 12.04% Increase from the current price of $56.41.
      What do analysts say about Altair Engineering?
      Altair Engineering’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 6 Wall Streets Analysts.
        When is Altair Engineering’s upcoming earnings report date?
        Altair Engineering’s upcoming earnings report date is Nov 03, 2022 which is in 82 days.
          How were Altair Engineering’s earnings last quarter?
          Altair Engineering released its earnings results on Aug 04, 2022. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.097 by $0.033.
            Is Altair Engineering overvalued?
            According to Wall Street analysts Altair Engineering’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
              Does Altair Engineering pay dividends?
              Altair Engineering does not currently pay dividends.
              What is Altair Engineering’s EPS estimate?
              Altair Engineering’s EPS estimate is $0.01.
                How many shares outstanding does Altair Engineering have?
                Altair Engineering has 52,201,670 shares outstanding.
                  What happened to Altair Engineering’s price movement after its last earnings report?
                  Altair Engineering reported an EPS of $0.13 in its last earnings report, beating expectations of $0.097. Following the earnings report the stock price went down -4.911%.
                    Which hedge fund is a major shareholder of Altair Engineering?
                    Among the largest hedge funds holding Altair Engineering’s share is Matrix Capital Management Company, LP. It holds Altair Engineering’s shares valued at 554M.


                      Altair Engineering Stock Analysis

                      Smart Score
                      Price Target
                      ▲(12.04% Upside)
                      Moderate Buy
                      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.

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