Altair Engineering Inc. ALTR
Set alert
At close · Mar 26
52-week range unavailable
- YTD
- +2.51%
- 1 year
- +32.57%
- Open
- 111.85
- Prev close
- 111.85
- Mkt cap
- 9.63B
- Vol
- 888.81K
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 111.85
- High
- 111.85
- Forward P/E
- 78.77
- Beta
- 1.45
- Short ratio
- 7.47
- Inst. own
- 92.53%
- Dividend
- 0.00
- Ex-div date
- Earnings
- Feb 20, 2025
- 50-d avg
- 111.00
- 200-d avg
- 101.28
- 1y target
- 103.63
6M chart
Events in this range
- Oct 30, 2024Earnings: —; estimate 0.16; surprise —%
- Oct 31, 2024Downgrade: William Blair · Outperform → Market Perform
- Oct 31, 2024Rating: Rosenblatt · Neutral → Neutral
- Oct 31, 2024Downgrade: Needham · Buy → Hold
- Oct 31, 2024Rating: RBC Capital · Sector Perform → Sector Perform
- Feb 20, 2025Earnings: —; estimate 0.53; surprise —%
- Feb 21, 2025Rating: Needham · Hold → Hold
- Feb 24, 2025Rating: Rosenblatt · Neutral → Neutral
Signals (14)
| Name | Date | Ago |
|---|---|---|
| MACD: Buy Signal | Mar 26, 2025 | 1 year ago |
| RSI: Overbought | Feb 28, 2025 | 1 year ago |
| MACD: Sell Signal | Feb 27, 2025 | 1 year ago |
| MACD: Buy Signal | Feb 20, 2025 | 1 year ago |
| RSI: Overbought | Feb 18, 2025 | 1 year ago |
| RSI: Overbought | Jan 17, 2025 | 1 year ago |
| MACD: Sell Signal | Jan 13, 2025 | 1 year ago |
| RSI: Overbought | Jan 3, 2025 | 1 year ago |
| MACD: Buy Signal | Dec 20, 2024 | 1 year ago |
| MACD: Sell Signal | Nov 6, 2024 | 1 year ago |
| RSI: Overbought | Oct 29, 2024 | 2 years ago |
| MACD: Buy Signal | Oct 22, 2024 | 2 years ago |
| RSI: Overbought | Oct 22, 2024 | 2 years ago |
| MACD: Sell Signal | Oct 11, 2024 | 2 years ago |
Key statistics
- Market cap
- 9.63B
- Enterprise value
- 9.29B
- Trailing P/E
- 699.06
- Forward P/E
- 78.77
- PEG ratio
- 0.00
- Price / sales
- 14.47
- Price / book
- 11.17
- EPS (TTM)
- 0.16
- Beta
- 1.45
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- 2.13%
- Revenue (TTM)
- 665.79M
- Revenue growth
- 12.30%
- Free cash flow
- 132.50M
- Total cash
- 561.90M
- Total debt
- 259.12M
- Return on equity
- 1.81%
- Shares outstanding
- 60.73M
- Short % of float
- 14.22%
- 50-day average
- 111.00
- 200-day average
- 101.28
Analyst view
Consensus: hold
- Target (low)
- 84.90
- Target (mean)
- 103.63
- Target (high)
- 113.00
- Strong buy0
- Buy0
- Hold4
- Sell0
- Strong sell0
Next earnings
Feb 20, 2025
Expected Feb 20, 2025. Consensus EPS estimate 0.4125.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 20, 2025 | Dec 1, 2024 | 0.53 | — | — | — |
| Oct 30, 2024 | Sep 1, 2024 | 0.16 | — | — | — |
| Aug 1, 2024 | Jun 1, 2024 | 0.15 | — | — | — |
| May 2, 2024 | Mar 1, 2024 | 0.35 | — | — | — |
| Feb 22, 2024 | Dec 1, 2023 | 0.41 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 24, 2025 | Rosenblatt | main | Neutral | Neutral |
| Feb 21, 2025 | Needham | reit | Hold | Hold |
| Oct 31, 2024 | RBC Capital | main | Sector Perform | Sector Perform |
| Oct 31, 2024 | Needham | down | Buy | Hold |
| Oct 31, 2024 | Rosenblatt | main | Neutral | Neutral |
| Oct 31, 2024 | William Blair | down | Outperform | Market Perform |
About Altair Engineering Inc.
Altair Engineering Inc., together with its subsidiaries, develops and offers software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates through 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 develops and sells 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 founded in 1985 and is based in Troy, Michigan. As of March 26, 2025, Altair Engineering Inc. operates as a subsidiary of Siemens Product Lifecycle Management Software Inc.
- Sector
- Technology
- Industry
- Software - Application
- Country
- United States
- Website
- altair.com
News
No recent headlines
Headlines appear here as they are published.
Your note
Sign in to keep a note on ALTR — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BUCKNER STEPHANIE | Chief Operating Officer | Sale | Mar 16, 2025 | 0 |
| DIAS NELSON | Officer | Sale | Mar 16, 2025 | 55,411 |
| GAYLE BRIAN | Officer | Sale | Mar 16, 2025 | 18,008 |
| HARRIS TERESA A | Director | Sale | Mar 5, 2025 | 18,092 |
| KUNJU RAVI | Officer | Sale | Mar 16, 2025 | 34,388 |
| MAITRA RAOUL K | Officer | Sale | Mar 16, 2025 | 31,112 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Matrix Capital Management | 20.58% | 12,430,000 | 1.39B | Dec 30, 2024 |
| Blackrock Inc. | 12.38% | 7,478,856 | 836.51M | Dec 30, 2024 |
| Vanguard Group Inc | 11.41% | 6,894,230 | 771.12M | Dec 30, 2024 |
| State Street Corporation | 3.51% | 2,122,319 | 237.38M | Dec 30, 2024 |
| Geode Capital Management, LLC | 2.31% | 1,394,124 | 155.93M | Dec 30, 2024 |
| Impax Asset Management Group plc | 1.98% | 1,196,098 | 133.78M | Dec 30, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Mid-Cap ETF | 3.22% | 1,943,605 | 217.39M | Feb 27, 2025 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.10% | 1,873,274 | 209.53M | Dec 30, 2024 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.52% | 1,522,519 | 170.29M | Dec 30, 2024 |
| iShares Trust-iShares Russell 2000 ETF | 2.33% | 1,406,091 | 157.27M | Feb 27, 2025 |
| VANGUARD WORLD FUND-Vanguard Information Technology Index Fund | 1.63% | 987,299 | 110.43M | Nov 29, 2024 |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | 1.50% | 905,693 | 101.30M | Dec 30, 2024 |