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    altr-img

    Altair Engineering Inc, Common Stock

    ALTR

    NSQ

    $86.75

    +$1.28

    (1.5%)

    1D
    Industry: Software Sector: Information Technology

    Analyst Forecast

    Overview Returns Financials Ratios News FAQs

    Price Chart

    Key Metrics

    Market Cap info-icon
    This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
     $4.94B
    P/E Ratio info-icon
    This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
     751.6
    Volume info-icon
    This is the total number of shares traded during the most recent trading day.
     257.72K
    Avg Volume info-icon
    This is the average number of shares traded during the most recent 30 days.
     395.06K
    Dividend Yield info-icon
    This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
     0.00%
    Beta info-icon
    This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
     1.43
    52-week Range info-icon
    This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
    $57.59 L
    $92.92 H
    $86.75

    About Altair Engineering Inc, Common Stock

    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. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. more

    Industry: SoftwareSector: Information Technology

    Returns

    Time FrameALTRSectorS&P500
    1-Week Return0.77%1.1%0.71%
    1-Month Return7.07%2.48%3.27%
    3-Month Return-2.48%0.96%4.8%
    6-Month Return16.66%13.88%17%
    1-Year Return27.42%36.79%28.09%
    3-Year Return31.4%55.79%30.92%
    5-Year Return152.47%191.44%99.79%
    10-Year Return373.78%543.52%231.96%

    Financials

    Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
    Total Revenue458.92M469.92M532.18M572.22M612.70M[{"date":"2019-12-31","value":74.9,"profit":true},{"date":"2020-12-31","value":76.7,"profit":true},{"date":"2021-12-31","value":86.86,"profit":true},{"date":"2022-12-31","value":93.39,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
    Cost of Revenue132.60M121.31M129.67M122.89M121.79M[{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":91.48,"profit":true},{"date":"2021-12-31","value":97.79,"profit":true},{"date":"2022-12-31","value":92.68,"profit":true},{"date":"2023-12-31","value":91.85,"profit":true}]
    Gross Profit326.32M348.62M402.51M449.33M490.91M[{"date":"2019-12-31","value":66.47,"profit":true},{"date":"2020-12-31","value":71.01,"profit":true},{"date":"2021-12-31","value":81.99,"profit":true},{"date":"2022-12-31","value":91.53,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
    Gross Margin71.11%74.19%75.63%78.52%80.12%[{"date":"2019-12-31","value":88.75,"profit":true},{"date":"2020-12-31","value":92.59,"profit":true},{"date":"2021-12-31","value":94.4,"profit":true},{"date":"2022-12-31","value":98.01,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
    Operating Expenses318.11M336.90M390.17M456.27M490.67M[{"date":"2019-12-31","value":64.83,"profit":true},{"date":"2020-12-31","value":68.66,"profit":true},{"date":"2021-12-31","value":79.52,"profit":true},{"date":"2022-12-31","value":92.99,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
    Operating Income8.21M11.71M12.34M(23.84M)243.00K[{"date":"2019-12-31","value":66.51,"profit":true},{"date":"2020-12-31","value":94.93,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-193.18,"profit":false},{"date":"2023-12-31","value":1.97,"profit":true}]
    Total Non-Operating Income/Expense(11.19M)(21.28M)(24.69M)(8.75M)12.38M[{"date":"2019-12-31","value":-90.42,"profit":false},{"date":"2020-12-31","value":-171.94,"profit":false},{"date":"2021-12-31","value":-199.52,"profit":false},{"date":"2022-12-31","value":-70.73,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
    Pre-Tax Income3.39M2.03M(288.00K)(28.21M)12.62M[{"date":"2019-12-31","value":26.85,"profit":true},{"date":"2020-12-31","value":16.1,"profit":true},{"date":"2021-12-31","value":-2.28,"profit":false},{"date":"2022-12-31","value":-223.58,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
    Income Taxes10.93M12.53M8.51M15.22M21.55M[{"date":"2019-12-31","value":50.73,"profit":true},{"date":"2020-12-31","value":58.17,"profit":true},{"date":"2021-12-31","value":39.48,"profit":true},{"date":"2022-12-31","value":70.62,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
    Income After Taxes(7.54M)(10.50M)(8.79M)(43.43M)(8.93M)[{"date":"2019-12-31","value":-754200000,"profit":false},{"date":"2020-12-31","value":-1050000000,"profit":false},{"date":"2021-12-31","value":-879400000,"profit":false},{"date":"2022-12-31","value":-4342900000,"profit":false},{"date":"2023-12-31","value":-892600000,"profit":false}]
    Income From Continuous Operations(7.54M)(10.50M)(8.79M)(43.43M)(8.93M)[{"date":"2019-12-31","value":-754200000,"profit":false},{"date":"2020-12-31","value":-1050000000,"profit":false},{"date":"2021-12-31","value":-879400000,"profit":false},{"date":"2022-12-31","value":-4342900000,"profit":false},{"date":"2023-12-31","value":-892600000,"profit":false}]
    Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
    Net Income(7.54M)(10.50M)(8.79M)(43.43M)(8.93M)[{"date":"2019-12-31","value":-754200000,"profit":false},{"date":"2020-12-31","value":-1050000000,"profit":false},{"date":"2021-12-31","value":-879400000,"profit":false},{"date":"2022-12-31","value":-4342900000,"profit":false},{"date":"2023-12-31","value":-892600000,"profit":false}]
    EPS (Diluted)0.320.310.680.871.11[{"date":"2019-12-31","value":28.83,"profit":true},{"date":"2020-12-31","value":28.34,"profit":true},{"date":"2021-12-31","value":61.26,"profit":true},{"date":"2022-12-31","value":78.38,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]

    Ratios

    Liquidity

    These ratios help you determine the liquidity of the company. Higher is better.

    ALTR
    Cash Ratio 1.88
    Current Ratio 2.46
    Quick Ratio 2.46

    Asset Efficiency

    These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

    ALTR
    ROA (LTM) 0.71%
    ROE (LTM) 1.40%

    Liabilities

    These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

    ALTR
    Debt Ratio Lower is generally better. Negative is bad. 0.45
    Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.55
    Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 1.81

    Valuation

    These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

    ALTR
    Trailing PE 779.73
    Forward PE 62.50
    P/S (TTM) 11.13
    P/B 9.59
    Price/FCF 101
    EV/R 10.92
    EV/Ebitda 115.64
    PEG 4.39

    News

    Insider Sale: Chief Legal Officer Raoul Maitra Sells Shares of Altair Engineering Inc (ALTR)

    Insider Sale: Chief Legal Officer Raoul Maitra Sells Shares of Altair Engineering Inc (ALTR)

    14 May, 2024 a 5:00 pm GuruFocus

    ALTR Stock Earnings: Altair Engineering Beats EPS, Beats Revenue for Q1 2024

    Altair Engineering (NASDAQ: ALTR ) just reported results for the first quarter of 2024. Altair Engineering reported earnings per share of 40 cents. This was above the analyst estimate for EPS of 34 cents. The company reported revenue of $172.91 million. This was 2.15% better than the analyst estimate for revenue of $169.28 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. It doesn’t matter if you have $500 or $5 million.

    3 May, 2024 a 2:54 am InvestorPlace

    Altair Engineering Acquires Research in Flight, Forging a New Path for Aerodynamic Analysis

    Flagship solution, FlightStream®, pushes the boundaries of modern computational techniques TROY, Mich., May 1, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR) a global leader in computational intellige…

    1 May, 2024 a 11:06 am Finanz Nachrichten

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    One of the best investment strategies for long-term growth is twofold: pick an emerging sector or industry set to change how the world operates and properly timing the investment. No-brainer, right? If everyone could have predicted AI’s potential and invested in Nvidia (NASDAQ: NVDA ) in 2013 or forecast fintech’s rise and bought PayPal (NASDAQ: PYPL ) in 2015, we’d all be billionaires. However, there is one little trick to navigating early and emergent market trends. Though ZIRP-era and meme stock mania admittedly skewed the formula somewhat, snagging once-hot stocks long after enthusiasm cools (assuming the sector has a viable future and profitability pathway) is a way to buy tomorrow’s top stocks at a discount today. Just look to Tesla (NASDAQ: TSLA ) as a prime example. Shares dropped nearly 20% in January 2012 after initial, post-IPO EV enthusiasm cooled and didn’t rebound appreciably for months, even years. But, if you identified the EV trend’s potential early and didn’t let market shakiness spook you, a 2012 investment would mean millionaire status today.

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    FAQs

    What is Altair Engineering Inc share price today?

    Altair Engineering Inc (ALTR) share price today is $86.75

    Can Indians buy Altair Engineering Inc shares?

    Yes, Indians can buy shares of Altair Engineering Inc (ALTR) on Vested. To buy Altair Engineering Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in ALTR stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

    Can Fractional shares of Altair Engineering Inc be purchased?

    Yes, you can purchase fractional shares of Altair Engineering Inc (ALTR) via the Vested app. You can start investing in Altair Engineering Inc (ALTR) with a minimum investment of $1.

    How to invest in Altair Engineering Inc shares from India?

    You can invest in shares of Altair Engineering Inc (ALTR) via Vested in three simple steps:

    • Click on Sign Up or Invest in ALTR stock at the top of this page
    • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
    • Transfer USD funds to your US Brokerage account and start investing in Altair Engineering Inc shares
    What is Altair Engineering Inc 52-week high and low stock price?

    The 52-week high price of Altair Engineering Inc (ALTR) is $92.92. The 52-week low price of Altair Engineering Inc (ALTR) is $57.59.

    What is Altair Engineering Inc price-to-earnings (P/E) ratio?

    The price-to-earnings (P/E) ratio of Altair Engineering Inc (ALTR) is 751.6

    What is Altair Engineering Inc price-to-book (P/B) ratio?

    The price-to-book (P/B) ratio of Altair Engineering Inc (ALTR) is 9.59

    What is Altair Engineering Inc dividend yield?

    The dividend yield of Altair Engineering Inc (ALTR) is 0.00%

    What is the Market Cap of Altair Engineering Inc?

    The market capitalization of Altair Engineering Inc (ALTR) is $4.94B

    What is Altair Engineering Inc’s stock symbol?

    The stock symbol (or ticker) of Altair Engineering Inc is ALTR

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