ALTR Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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Altair Engineering Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$109.00 |
| 52 Week High | US$113.12 |
| 52 Week Low | US$75.71 |
| Beta | 1.44 |
| 1 Month Change | 3.61% |
| 3 Month Change | 15.88% |
| 1 Year Change | 30.87% |
| 3 Year Change | 47.82% |
| 5 Year Change | 197.49% |
| Change since IPO | 495.30% |
Recent News & Updates
Recent updates
Altair Engineering Inc.'s (NASDAQ:ALTR) Shares May Have Run Too Fast Too Soon
Oct 13
Altair Engineering: Rating Downgrade As Near-Term Upside Is Limited
Sep 19Altair Engineering (NASDAQ:ALTR) Hasn't Managed To Accelerate Its Returns
Aug 09Altair Engineering (NASDAQ:ALTR) Could Easily Take On More Debt
Jul 19Altair: Too Expensive For Far Too Little Growth
Jul 13Altair Engineering Inc.'s (NASDAQ:ALTR) Popularity With Investors Is Under Threat From Overpricing
Jun 28Statutory Profit Doesn't Reflect How Good Altair Engineering's (NASDAQ:ALTR) Earnings Are
May 09Altair Engineering Inc. Just Beat EPS By 67%: Here's What Analysts Think Will Happen Next
May 05Altair Engineering (NASDAQ:ALTR) Might Be Having Difficulty Using Its Capital Effectively
Apr 09There's Reason For Concern Over Altair Engineering Inc.'s (NASDAQ:ALTR) Price
Mar 17Altair Engineering: Strong Tailwinds To Drive Growth With Potential Downside Protection
Mar 14Health Check: How Prudently Does Altair Engineering (NASDAQ:ALTR) Use Debt?
Feb 18Altair Engineering: Navigating Through Simulation And Innovation
Jan 12Shareholder Returns
| ALTR | US Software | US Market | |
|---|---|---|---|
| 7D | 2.2% | -2.2% | -2.4% |
| 1Y | 30.9% | 22.4% | 23.4% |
Return vs Industry: ALTR exceeded the US Software industry which returned 21.9% over the past year.
Return vs Market: ALTR exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| ALTR volatility | |
|---|---|
| ALTR Average Weekly Movement | 4.3% |
| Software Industry Average Movement | 7.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ALTR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ALTR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 3,400 | Jim Scapa | www.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.
Altair Engineering Inc. Fundamentals Summary
| ALTR fundamental statistics | |
|---|---|
| Market cap | US$9.29b |
| Earnings (TTM) | US$32.85m |
| Revenue (TTM) | US$644.66m |
282.6x
P/E Ratio14.4x
P/S RatioIs ALTR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTR income statement (TTM) | |
|---|---|
| Revenue | US$644.66m |
| Cost of Revenue | US$120.60m |
| Gross Profit | US$524.06m |
| Other Expenses | US$491.21m |
| Earnings | US$32.85m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.39 |
| Gross Margin | 81.29% |
| Net Profit Margin | 5.10% |
| Debt/Equity Ratio | 27.1% |
How did ALTR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Altair Engineering Inc. is covered by 20 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Mark Schappel | Benchmark Company |
| Andrew DeGasperi | Berenberg |