company background image
ALTR

Altair Engineering NasdaqGS:ALTR Stock Report

Last Price

US$47.30

Market Cap

US$3.8b

7D

0.4%

1Y

-36.2%

Updated

25 Nov, 2022

Data

Company Financials +
ALTR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ALTR Stock Overview

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide.

Altair Engineering Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Altair Engineering
Historical stock prices
Current Share PriceUS$47.30
52 Week HighUS$78.38
52 Week LowUS$43.17
Beta1.5
1 Month Change0.40%
3 Month Change-11.97%
1 Year Change-36.22%
3 Year Change42.60%
5 Year Change101.62%
Change since IPO158.33%

Recent News & Updates

Recent updates

We Like These Underlying Return On Capital Trends At Altair Engineering (NASDAQ:ALTR)

Oct 24
We Like These Underlying Return On Capital Trends At Altair Engineering (NASDAQ:ALTR)

Is There An Opportunity With Altair Engineering Inc.'s (NASDAQ:ALTR) 34% Undervaluation?

Aug 26
Is There An Opportunity With Altair Engineering Inc.'s (NASDAQ:ALTR) 34% Undervaluation?

Is Altair Engineering (NASDAQ:ALTR) A Risky Investment?

Aug 08
Is Altair Engineering (NASDAQ:ALTR) A Risky Investment?

There Are Reasons To Feel Uneasy About Altair Engineering's (NASDAQ:ALTR) Returns On Capital

Jul 10
There Are Reasons To Feel Uneasy About Altair Engineering's (NASDAQ:ALTR) Returns On Capital

Is Altair Engineering (NASDAQ:ALTR) A Risky Investment?

May 04
Is Altair Engineering (NASDAQ:ALTR) A Risky Investment?

Investors Could Be Concerned With Altair Engineering's (NASDAQ:ALTR) Returns On Capital

Apr 07
Investors Could Be Concerned With Altair Engineering's (NASDAQ:ALTR) Returns On Capital

Altair Engineering (NASDAQ:ALTR) Has A Rock Solid Balance Sheet

Jan 24
Altair Engineering (NASDAQ:ALTR) Has A Rock Solid Balance Sheet

Returns On Capital At Altair Engineering (NASDAQ:ALTR) Paint A Concerning Picture

Dec 28
Returns On Capital At Altair Engineering (NASDAQ:ALTR) Paint A Concerning Picture

Altair Engineering (NASDAQ:ALTR) Could Easily Take On More Debt

Sep 23
Altair Engineering (NASDAQ:ALTR) Could Easily Take On More Debt

Altair Engineering (NASDAQ:ALTR) Is Reinvesting At Lower Rates Of Return

Jul 07
Altair Engineering (NASDAQ:ALTR) Is Reinvesting At Lower Rates Of Return

Altair Engineering (NASDAQ:ALTR) Could Easily Take On More Debt

Jun 10
Altair Engineering (NASDAQ:ALTR) Could Easily Take On More Debt

We Take A Look At Whether Altair Engineering Inc.'s (NASDAQ:ALTR) CEO May Be Underpaid

May 14
We Take A Look At Whether Altair Engineering Inc.'s (NASDAQ:ALTR) CEO May Be Underpaid

Altair Engineering (NASDAQ:ALTR) Will Be Hoping To Turn Its Returns On Capital Around

Apr 07
Altair Engineering (NASDAQ:ALTR) Will Be Hoping To Turn Its Returns On Capital Around

Altair Engineering Inc. (NASDAQ:ALTR) Insiders Have Been Selling

Mar 12
Altair Engineering Inc. (NASDAQ:ALTR) Insiders Have Been Selling

Shareholder Returns

ALTRUS SoftwareUS Market
7D0.4%2.2%1.3%
1Y-36.2%-35.5%-18.5%

Return vs Industry: ALTR matched the US Software industry which returned -36.5% over the past year.

Return vs Market: ALTR underperformed the US Market which returned -20.2% over the past year.

Price Volatility

Is ALTR's price volatile compared to industry and market?
ALTR volatility
ALTR Average Weekly Movement5.4%
Software Industry Average Movement9.4%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: ALTR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ALTR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19853,050Jim Scapahttps://www.altair.com

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes 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

How do Altair Engineering's earnings and revenue compare to its market cap?
ALTR fundamental statistics
Market CapUS$3.79b
Earnings (TTM)-US$56.89m
Revenue (TTM)US$552.59m

6.9x

P/S Ratio

-66.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALTR income statement (TTM)
RevenueUS$552.59m
Cost of RevenueUS$120.81m
Gross ProfitUS$431.78m
Other ExpensesUS$488.67m
Earnings-US$56.89m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.71
Gross Margin78.14%
Net Profit Margin-10.30%
Debt/Equity Ratio57.0%

How did ALTR perform over the long term?

See historical performance and comparison