Market closedNon-fractional
Altair Engineering/ALTR
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Altair Engineering
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Ticker
ALTR
Sector
Technology
Trading on
NASDAQ
Industry
Software
Headquarters
Troy, United States
Employees
3,400
Website
www.altair.com
ALTR Metrics
BasicAdvanced
$7.2B
Market cap
738.81
P/E ratio
$0.12
EPS
1.42
Beta
-
Dividend rate
Price and volume
Market cap
$7.2B
Beta
1.42
Financial strength
Current ratio
2.461
Quick ratio
2.384
Long term debt to equity
32.602
Total debt to equity
44.392
Interest coverage (TTM)
2.41%
Management effectiveness
Return on assets (TTM)
1.05%
Return on equity (TTM)
1.40%
Valuation
Price to earnings (TTM)
738.81
Price to revenue (TTM)
11.424
Price to book
9.49
Price to tangible book (TTM)
31.11
Price to free cash flow (TTM)
54.308
Growth
Revenue change (TTM)
7.11%
Earnings per share change (TTM)
-116.51%
3-year revenue growth (CAGR)
8.24%
3-year earnings per share growth (CAGR)
58.87%
What the Analysts think about ALTR
Analyst Ratings
Majority rating from 10 analysts.
ALTR Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$173M
0.82%
Net income
$17M
-15.82%
Profit margin
9.54%
-16.46%
ALTR Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.15
$0.14
$0.46
$0.40
-
Expected
$0.14
$0.04
$0.41
$0.34
$0.15
Surprise
9.22%
260.00%
12.52%
16.50%
-
ALTR News
AllArticlesVideos
Altair Announces Winner of the 2023-2024 Altair Global Student Contest
PRNewsWire·2 days ago
Altair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin Project
PRNewsWire·4 days ago
Altair Announces Date of Second Quarter 2024 Financial Results Conference Call
GlobeNewsWire·1 week ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Altair Engineering stock?
Altair Engineering (ALTR) has a market cap of $7.2B as of July 27, 2024.
What is the P/E ratio for Altair Engineering stock?
The price to earnings (P/E) ratio for Altair Engineering (ALTR) stock is 738.81 as of July 27, 2024.
Does Altair Engineering stock pay dividends?
No, Altair Engineering (ALTR) stock does not pay dividends to its shareholders as of July 27, 2024.
When is the next Altair Engineering dividend payment date?
Altair Engineering (ALTR) stock does not pay dividends to its shareholders.
What is the beta indicator for Altair Engineering?
Altair Engineering (ALTR) has a beta rating of 1.42. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
Buy or sell Altair Engineering stock
Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.