ALTR Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Altair Engineering Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$83.45 |
| 52 Week High | US$92.92 |
| 52 Week Low | US$57.59 |
| Beta | 1.42 |
| 1 Month Change | -1.09% |
| 3 Month Change | -2.40% |
| 1 Year Change | 21.22% |
| 3 Year Change | 22.72% |
| 5 Year Change | 121.29% |
| Change since IPO | 355.76% |
Recent News & Updates
Altair Engineering (NASDAQ:ALTR) Might Be Having Difficulty Using Its Capital Effectively
Apr 09
There's Reason For Concern Over Altair Engineering Inc.'s (NASDAQ:ALTR) Price
Mar 17Recent updates
Altair 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 12Getting In Cheap On Altair Engineering Inc. (NASDAQ:ALTR) Is Unlikely
Dec 18Does Altair Engineering (NASDAQ:ALTR) Have A Healthy Balance Sheet?
Nov 11Estimating The Fair Value Of Altair Engineering Inc. (NASDAQ:ALTR)
Oct 06What Does Altair Engineering Inc.'s (NASDAQ:ALTR) Share Price Indicate?
Sep 18Is Altair Engineering (NASDAQ:ALTR) Using Too Much Debt?
Aug 07Revenues Not Telling The Story For Altair Engineering Inc. (NASDAQ:ALTR)
Jul 11Is Altair Engineering Inc. (NASDAQ:ALTR) Potentially Undervalued?
May 05Is Altair Engineering (NASDAQ:ALTR) Using Debt Sensibly?
Apr 08Is There Now An Opportunity In Altair Engineering Inc. (NASDAQ:ALTR)?
Jan 02Altair Engineering (NASDAQ:ALTR) Has Debt But No Earnings; Should You Worry?
Dec 11We Like These Underlying Return On Capital Trends At Altair Engineering (NASDAQ:ALTR)
Oct 24Altair to acquire data analytics firm RapidMiner
Sep 13Is There An Opportunity With Altair Engineering Inc.'s (NASDAQ:ALTR) 34% Undervaluation?
Aug 26Altair Engineering: Sales Grow, Earnings Slow
Aug 23Is Altair Engineering (NASDAQ:ALTR) A Risky Investment?
Aug 08Altair Engineering Non-GAAP EPS of $0.13 beats by $0.04, revenue of $132.66M beats by $3.29M
Aug 04Altair, LG Electronics collaborate to accelerate digital transformation
Jul 11There Are Reasons To Feel Uneasy About Altair Engineering's (NASDAQ:ALTR) Returns On Capital
Jul 10Altair Engineering: Sales Grow, Earnings Fall
May 18Shareholder Returns
| ALTR | US Software | US Market | |
|---|---|---|---|
| 7D | 3.6% | 0.3% | 1.2% |
| 1Y | 21.2% | 39.8% | 24.9% |
Return vs Industry: ALTR underperformed the US Software industry which returned 39.5% over the past year.
Return vs Market: ALTR underperformed the US Market which returned 24.7% over the past year.
Price Volatility
| ALTR volatility | |
|---|---|
| ALTR Average Weekly Movement | 4.4% |
| Software Industry Average Movement | 8.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ALTR has not had significant price volatility in the past 3 months.
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$6.96b |
| Earnings (TTM) | -US$8.93m |
| Revenue (TTM) | US$612.70m |
11.3x
P/S Ratio-776.3x
P/E RatioIs ALTR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTR income statement (TTM) | |
|---|---|
| Revenue | US$612.70m |
| Cost of Revenue | US$121.79m |
| Gross Profit | US$490.91m |
| Other Expenses | US$499.84m |
| Earnings | -US$8.93m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 02, 2024
| Earnings per share (EPS) | -0.11 |
| Gross Margin | 80.12% |
| Net Profit Margin | -1.46% |
| Debt/Equity Ratio | 43.2% |
How did ALTR perform over the long term?
See historical performance and comparison