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Altair Engineering (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)772.68K
Market Cap
$9.60B
Enterprise Value$9.45B
Total Cash (Recent Filing)$223.12M
Total Debt (Recent Filing)$207.98M
Price to Earnings (P/E)675.0
Beta1.25
Next Earnings
May 01, 2025EPS Estimate
0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.17
Shares Outstanding40,473,000
10 Day Avg. Volume828,834
30 Day Avg. Volume772,680
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)14.40
Price to Cash Flow (P/CF)63.90
P/FCF Ratio63.60
Enterprise Value/Market Cap0.98
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit17.46
Enterprise Value/Ebitda144.30
Forecast
1Y Price Target
$113.00Price Target Upside1.03% Upside
Rating ConsensusHold
Number of Analyst Covering2
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Altair Engineering News
PremiumCompany Announcements
Altair Engineering Merges and Delists from NASDAQ
PremiumCompany Announcements
Altair Engineering Reports 2024 Financial Growth Amid Net Income Decline
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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.
Financial PerformanceAltair 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.
Regulatory ApprovalThe company announced it expects the transaction to complete earlier than previously expected, indicating the regulatory approval process is going smoothly.
Bears Say
Guidance SuspensionDue to the pending acquisition with Siemens, the company had suspended guidance and will not host an earnings call to discuss results.
Licensing ModelAltair's units licensing model could pose some problem with most acquirers utilizing a subscription or traditional license + support scheme.
Market RatingThe 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’s price range in the past 12 months?
Altair Engineering lowest stock price was $75.71 and its highest was $113.12 in the past 12 months.
What is Altair Engineering’s market cap?
Altair Engineering’s market cap is $9.60B.
When is Altair Engineering’s upcoming earnings report date?
Altair Engineering’s upcoming earnings report date is May 01, 2025 which is in 24 days.
How were Altair Engineering’s earnings last quarter?
Altair Engineering 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 overvalued?
According to Wall Street analysts Altair Engineering’s price is currently Undervalued.
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 0.4.
How many shares outstanding does Altair Engineering have?
Altair Engineering has 40,473,000 shares outstanding.
What happened to Altair Engineering’s price movement after its last earnings report?
Altair Engineering 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?
Currently, no hedge funds are holding shares in ALTR
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Altair Engineering Stock Smart Score
Underperform
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9
10
Analyst Consensus
Hold
Average Price Target:
$113.00 (1.03% Upside)
$113.00 (1.03% Upside)
Blogger Sentiment
Bullish
ALTR Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 275.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.4%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
―
20 days / 200 days
Momentum
32.57%
12-Months-Change
Fundamentals
Return on Equity
1.81%
Trailing 12-Months
Asset Growth
6.03%
Trailing 12-Months
Company Description
Altair Engineering
Altair Engineering Inc. (ALTR) is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing (HPC), and data analytics. The company operates primarily in the engineering, automotive, aerospace, and manufacturing sectors, offering a wide range of simulation technology and engineering services that empower client innovation and decision-making. Altair's core products include simulation-driven design software, data analytics platforms, and enterprise-class HPC solutions.
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ALTR Stock 12 Month Forecast
Average Price Target
$113.00
▲(1.03% Upside)
Technical Analysis
Best Analysts Covering ALTR
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+24.25%
reiterated a buy rating 6 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 +24.25% per trade.
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