Altair Engineering Future Growth
Future criteria checks 3/6
Altair Engineering is forecast to grow earnings and revenue by 33.5% and 8.6% per annum respectively while EPS is expected to grow by 28.2% per annum.
Key information
33.5%
Earnings growth rate
28.2%
EPS growth rate
| Software earnings growth | 15.8% |
| Revenue growth rate | 8.6% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 19 Aug 2024 |
Recent future growth updates
Recent updates
Altair Engineering (NASDAQ:ALTR) Hasn't Managed To Accelerate Its Returns
Aug 09
Altair 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 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 13Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 775 | 60 | 174 | 187 | 5 |
| 12/31/2025 | 713 | 35 | 155 | 165 | 11 |
| 12/31/2024 | 653 | 25 | 127 | 138 | 11 |
| 6/30/2024 | 627 | 27 | 131 | 140 | N/A |
| 3/31/2024 | 620 | 10 | 130 | 142 | N/A |
| 12/31/2023 | 613 | -9 | 117 | 127 | N/A |
| 9/30/2023 | 602 | -17 | 108 | 119 | N/A |
| 6/30/2023 | 587 | -45 | 98 | 111 | N/A |
| 3/31/2023 | 578 | -57 | 84 | 93 | N/A |
| 12/31/2022 | 572 | -43 | 30 | 40 | N/A |
| 9/30/2022 | 553 | -57 | 25 | 33 | N/A |
| 6/30/2022 | 555 | -32 | 19 | 25 | N/A |
| 3/31/2022 | 542 | -12 | 24 | 31 | N/A |
| 12/31/2021 | 532 | -9 | 54 | 62 | N/A |
| 9/30/2021 | 525 | -5 | 50 | 61 | N/A |
| 6/30/2021 | 510 | -6 | 44 | 54 | N/A |
| 3/31/2021 | 489 | -2 | 32 | 41 | N/A |
| 12/31/2020 | 470 | -10 | 27 | 33 | N/A |
| 9/30/2020 | 460 | -14 | 23 | 29 | N/A |
| 6/30/2020 | 454 | -22 | 27 | 33 | N/A |
| 3/31/2020 | 463 | -15 | 27 | 34 | N/A |
| 12/31/2019 | 459 | -8 | 21 | 31 | N/A |
| 9/30/2019 | 438 | -15 | 16 | 26 | N/A |
| 6/30/2019 | 424 | 2 | 20 | 31 | N/A |
| 3/31/2019 | 411 | 4 | 23 | 35 | N/A |
| 12/31/2018 | 396 | 16 | 27 | 36 | N/A |
| 9/30/2018 | 383 | -36 | 28 | 39 | N/A |
| 6/30/2018 | 381 | -66 | 16 | 27 | N/A |
| 3/31/2018 | 370 | -73 | N/A | 24 | N/A |
| 12/31/2017 | 333 | -102 | N/A | 16 | N/A |
| 9/30/2017 | 326 | -33 | N/A | 17 | N/A |
| 6/30/2017 | 319 | -3 | N/A | 25 | N/A |
| 3/31/2017 | 315 | 6 | N/A | 22 | N/A |
| 12/31/2016 | 313 | 10 | N/A | 21 | N/A |
| 12/31/2015 | 294 | 11 | N/A | 11 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALTR's forecast earnings growth (33.5% per year) is above the savings rate (2.5%).
Earnings vs Market: ALTR's earnings (33.5% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: ALTR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALTR's revenue (8.6% per year) is forecast to grow slower than the US market (8.7% per year).
High Growth Revenue: ALTR's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ALTR's Return on Equity is forecast to be high in 3 years time