Altair Engineering/ALTR

1.76%
-
1D1W1MYTD1YMAX

About Altair Engineering

Altair Engineering Inc. is a computational science and artificial intelligence company. The Company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The Company operates through two segments: Software and Client Engineering Services. The Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. The Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. The Company’s solution FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sector.

Ticker

ALTR

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

James Scapa

Employees

3,200

Headquarters

Troy, United States

ALTR Metrics

BasicAdvanced
US$7.5B
Market cap
839.28
P/E ratio
US$0.11
EPS
1.46
Beta
-
Dividend rate
US$7.5B
1.46358
US$92.92
US$57.59
404K
2.461
29.652
40.35
194.124
0.74%
1.4%
0.95%
839.284
12.128
9.845
32.304
57.659
7.11%
114.94%
9.25%

What the Analysts think about ALTR

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 7 analysts.
2.06% upside
High US$100.00
Low US$85.00
US$92.10
Current price
US$94.00
Average price target

ALTR Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
9.54% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
US$173M
0.82%
Net income
US$17M
-15.82%
Profit margin
9.54%
-16.46%

ALTR Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 16.5%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
US$0.15
US$0.14
US$0.46
US$0.40
-
Expected
US$0.14
US$0.04
US$0.41
US$0.34
US$0.15
Surprise
9.22%
260%
12.52%
16.5%
-
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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Altair Engineering stock?

Altair Engineering (ALTR) has a market cap of $7.5B as of May 20, 2024.

What is the P/E ratio for Altair Engineering stock?

The price to earnings (P/E) ratio for Altair Engineering (ALTR) stock is 839.28 as of May 20, 2024.

Does Altair Engineering stock pay dividends?

No, Altair Engineering (ALTR) stock does not pay dividends to its shareholders as of May 20, 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 1.46. 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.

What is the Altair Engineering stock price target?

The target price for Altair Engineering (ALTR) stock is $94, which is 2.77% above the current price of $91.47. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Altair Engineering stock

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.
Start investing