Altair Engineering IncALTR

ALTR current price
$106.15+43.77%

Capital at risk.

1W
+0.07%
1M
+2.21%
3M
+19.82%
6M
+7.51%
1Y
+43.77%
MAX
+482.47%
About Altair Engineering Inc
Ticker
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ALTR
Trading on
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NASDAQ
ISIN
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US0213691035
Industry
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Software - Infrastructure
Sector
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Technology
CEO
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James R. Scapa
Headquarters
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1820 East Big Beaver Road, Troy, MI, United States, 48083
Employees
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3,400
Website
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altair.com
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.
Metrics
BasicAdvanced
Market cap
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$9.01B
P/E ratio
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265.38
EPS
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$0.40
Dividend Yield
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0.00%
Beta
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1.44
Forward P/E ratio
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75.76
EBIDTA
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$71.7M
Ex dividend date
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-
Price & volume
Market cap
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$9.01B
Average daily volume
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0.8M
90-day return
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19.82%
30-day return
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2.21%
7-day return
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0.07%
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$0.00
Forward dividend yield
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0.00%
Payout ratio
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0.00%
Valuation
P/E ratio
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265.38
Forward P/E
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75.76
PEG ratio
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6.32
Trailing P/E
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265.38
Price to sales
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13.98
Price to book
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10.8
Earnings
EPS
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$0.40
EPS estimate (current quarter)
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$0.16
EPS estimate (next quarter)
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$0.49
EBITDA
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$71.7M
Revenues (TTM)
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$645M
Revenues per share (TTM)
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$7.75
Technicals
Beta
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1.44
52-week High
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$113.12
52-week Low
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$73.34
50-day moving average
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$102.15
200-day moving average
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$91.95
Short ratio
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2.04
Short %
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8.21%
Management effectiveness
ROE (TTM)
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4.47%
ROA (TTM)
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1.46%
Profit margin
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5.10%
Gross profit margin
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$449M
Operating margin
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2.85%
Growth
Quarterly earnings growth (YoY)
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63.30%
Quarterly revenue growth (YoY)
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13.00%
Share stats
Outstanding Shares
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59.8M
Float
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29.4M
Insiders %
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2.27%
Institutions %
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109.82%
Analyst Insights & forecasts
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0% Buy

100% Hold

0% Sell

Based on information from 7 analysts.

Average price target

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$105.98
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.46
$0.41
12.20%
Q4 • 23Beat
$0.40
$0.34
17.65%
Q1 • 24Beat
$0.16
$0.15
6.67%
Q2 • 24Beat
$0.24
$0.16
50.00%
Q3 • 24Beat
-
$0.50
-
Q4 • 24Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$149M
$-5.1M
3.46%
Q2 • 24
$151M
$1.8M
1.17%
Q3 • 24
1.78%
134.56%
133.96%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$1.34B
$545M
40.77%
Q2 • 24
$1.38B
$541M
39.26%
Q3 • 24
3.14%
0.68%
3.70%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$28.6M
$-16.3M
$-62.2M
$26.3M
Q2 • 24
$14.5M
$-21.3M
$9.2M
$9.8M
Q3 • 24
49.06%
30.33%
114.87%
62.72%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Greed

+1.5

0.75

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Altair Engineering Inc share?
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Altair Engineering Inc shares are currently traded for $106.15 per share.

How many shares does Altair Engineering Inc have?
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Altair Engineering Inc currently has 59.8M shares.

Does Altair Engineering Inc pay dividends?
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No, Altair Engineering Inc doesn't pay dividends.

What is Altair Engineering Inc 52 week high?
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Altair Engineering Inc 52 week high is $113.12.

What is Altair Engineering Inc 52 week low?
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Altair Engineering Inc 52 week low is $73.34.

What is the 200-day moving average of Altair Engineering Inc?
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Altair Engineering Inc 200-day moving average is $91.95.

Who is Altair Engineering Inc CEO?
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The CEO of Altair Engineering Inc is James R. Scapa.

How many employees Altair Engineering Inc has?
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Altair Engineering Inc has 3,400 employees.

What is the market cap of Altair Engineering Inc?
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The market cap of Altair Engineering Inc is $9.01B.

What is the P/E of Altair Engineering Inc?
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The current P/E of Altair Engineering Inc is 265.38.

What is the EPS of Altair Engineering Inc?
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The EPS of Altair Engineering Inc is $0.40.

What is the PEG Ratio of Altair Engineering Inc?
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The PEG Ration of Altair Engineering Inc is 6.32.

What do analysts say about Altair Engineering Inc?
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According to the analysts Altair Engineering Inc is considered a hold.