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Altair Engineering Inc (ALTR)
NASDAQ:ALTR
ALTR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$75.71 - $113.12
Previous CloseN/A
Volume269.88K
Average Volume (3M)765.74K
Market Cap
$9.55B
Enterprise Value$8.19B
Total Cash (Recent Filing)$561.90M
Total Debt (Recent Filing)$259.12M
Price to Earnings (P/E)671.9
Beta1.32
Next Earnings
May 01, 2025EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.17
Shares Outstanding60,401,222
10 Day Avg. Volume737,822
30 Day Avg. Volume765,735
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)14.36
Price to Cash Flow (P/CF)63.70
P/FCF Ratio63.50
Enterprise Value/Market Cap0.86
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit15.14
Enterprise Value/Ebitda125.14
Forecast
1Y Price Target
$113.00Price Target Upside1.51% Upside
Rating ConsensusHold
Number of Analyst Covering3
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Altair Engineering News
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Bulls Say, Bears Say
Bulls Say
AcquisitionThe announced acquisition by Siemens for $113 per share in an all-cash deal is a good outcome for shareholders.
Revenue GrowthAltair reported fourth-quarter results with software revenue reaching $179 million and total revenue reaching $193 million reflecting 17% and 14% growth, respectively, on a constant currency basis.
Bears Say
Stock Rating DowngradeThe analyst downgraded Altair Engineering's rating to Peer Perform following the acquisition announcement.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ALTR FAQ
What was Altair Engineering Inc’s price range in the past 12 months?
Altair Engineering Inc lowest stock price was $75.71 and its highest was $113.12 in the past 12 months.
What is Altair Engineering Inc’s market cap?
Altair Engineering Inc’s market cap is $9.55B.
When is Altair Engineering Inc’s upcoming earnings report date?
Altair Engineering Inc’s upcoming earnings report date is May 01, 2025 which is in 56 days.
How were Altair Engineering Inc’s earnings last quarter?
Altair Engineering Inc released its earnings results on Feb 20, 2025. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.516 by $0.004.
Is Altair Engineering Inc overvalued?
According to Wall Street analysts Altair Engineering Inc’s price is currently Undervalued.
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 0.42.
How many shares outstanding does Altair Engineering Inc have?
Altair Engineering Inc has 60,401,222 shares outstanding.
What happened to Altair Engineering Inc’s price movement after its last earnings report?
Altair Engineering Inc reported an EPS of $0.52 in its last earnings report, beating expectations of $0.516. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Altair Engineering Inc?
Currently, no hedge funds are holding shares in ALTR
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Altair Engineering Stock Smart Score
Underperform
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5
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9
10
Analyst Consensus
Hold
Average Price Target:
$113.00 (1.51% Upside)
$113.00 (1.51% Upside)
Blogger Sentiment
Bullish
ALTR Sentiment 80%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 275.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.78%
12-Months-Change
Fundamentals
Return on Equity
1.65%
Trailing 12-Months
Asset Growth
6.03%
Trailing 12-Months
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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ALTR Stock 12 Month Forecast
Average Price Target
$113.00
▲(1.51% Upside)
Technical Analysis
Best Analysts Covering ALTR
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+24.15%
reiterated a buy rating 5 months ago
Copying Kenneth Wong's trades and holding each position for 1 Year would result in 94.12% of your transactions generating a profit, with an average return of +24.15% per trade.
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