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.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Altair Engineering Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$89.26 |
| 52 Week High | US$101.39 |
| 52 Week Low | US$57.59 |
| Beta | 1.48 |
| 11 Month Change | -9.49% |
| 3 Month Change | 4.23% |
| 1 Year Change | 42.52% |
| 33 Year Change | 23.78% |
| 5 Year Change | 155.83% |
| Change since IPO | 387.49% |
Recent News & 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 19Recent updates
Altair 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 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 26Shareholder Returns
| ALTR | US Software | US Market | |
|---|---|---|---|
| 7D | 7.8% | -2.6% | -2.3% |
| 1Y | 42.5% | 20.6% | 16.7% |
Return vs Industry: ALTR exceeded the US Software industry which returned 20.6% over the past year.
Return vs Market: ALTR exceeded the US Market which returned 16.7% over the past year.
Price Volatility
| ALTR volatility | |
|---|---|
| ALTR Average Weekly Movement | 5.0% |
| Software Industry Average Movement | 7.6% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 14.6% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ALTR has not had significant price volatility in the past 3 months.
Volatility Over Time: ALTR's weekly volatility (5%) 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$7.57b |
| Earnings (TTM) | US$26.71m |
| Revenue (TTM) | US$627.21m |
283.6x
P/E Ratio12.1x
P/S RatioIs ALTR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTR income statement (TTM) | |
|---|---|
| Revenue | US$627.21m |
| Cost of Revenue | US$119.67m |
| Gross Profit | US$507.55m |
| Other Expenses | US$480.83m |
| Earnings | US$26.71m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.31 |
| Gross Margin | 80.92% |
| Net Profit Margin | 4.26% |
| Debt/Equity Ratio | 28.6% |
How did ALTR perform over the long term?
See historical performance and comparison