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
MAX chart
Events in this range
- Feb 22, 2024Earnings: —; estimate 0.41; surprise —%
- May 2, 2024Earnings: —; estimate 0.35; surprise —%
- Aug 1, 2024Earnings: —; estimate 0.15; surprise —%
- 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 (52)
| Name | Date | Ago |
|---|---|---|
| MACD: Sell Signal | Feb 20, 2025 | 1 year ago |
| RSI: Overbought | Jan 8, 2025 | 1 year ago |
| MACD: Buy Signal | Oct 14, 2024 | 2 years ago |
| SMA: Bullish | Sep 23, 2024 | 2 years ago |
| SMA: Bullish | Sep 16, 2024 | 2 years ago |
| SMA: Bearish | Sep 9, 2024 | 2 years ago |
| SMA: Bullish | Aug 19, 2024 | 2 years ago |
| SMA: Bearish | Jul 29, 2024 | 2 years ago |
| MACD: Sell Signal | Jul 29, 2024 | 2 years ago |
| SMA: Bearish | Jul 22, 2024 | 2 years ago |
| MACD: Buy Signal | Jun 10, 2024 | 2 years ago |
| MACD: Sell Signal | Jun 3, 2024 | 2 years ago |
| MACD: Buy Signal | May 24, 2024 | 2 years ago |
| SMA: Bullish | May 10, 2024 | 2 years ago |
| SMA: Bearish | Mar 28, 2024 | 2 years ago |
| SMA: Bullish | Mar 21, 2024 | 2 years ago |
| MACD: Sell Signal | Mar 14, 2024 | 2 years ago |
| SMA: Bearish | Feb 29, 2024 | 2 years ago |
| RSI: Overbought | Feb 15, 2024 | 2 years ago |
| MACD: Buy Signal | Nov 15, 2023 | 2 years ago |
| SMA: Bullish | Nov 8, 2023 | 2 years ago |
| SMA: Bullish | Nov 8, 2023 | 2 years ago |
| SMA: Bearish | Oct 24, 2023 | 3 years ago |
| SMA: Bullish | Oct 10, 2023 | 3 years ago |
| SMA: Bearish | Aug 8, 2023 | 3 years ago |
| SMA: Bearish | Jul 25, 2023 | 3 years ago |
| MACD: Sell Signal | Jul 11, 2023 | 3 years ago |
| RSI: Overbought | May 30, 2023 | 3 years ago |
| SMA: Bullish | May 23, 2023 | 3 years ago |
| SMA: Bearish | May 2, 2023 | 3 years ago |
| RSI: Overbought | Mar 21, 2023 | 3 years ago |
| SMA: Bullish | Jan 17, 2023 | 3 years ago |
| SMA: Bullish | Jan 10, 2023 | 3 years ago |
| SMA: Bearish | Dec 20, 2022 | 3 years ago |
| SMA: Bullish | Nov 29, 2022 | 3 years ago |
| SMA: Bearish | Nov 22, 2022 | 3 years ago |
| SMA: Bullish | Nov 15, 2022 | 3 years ago |
| SMA: Bearish | Nov 8, 2022 | 3 years ago |
| SMA: Bullish | Oct 31, 2022 | 4 years ago |
| MACD: Buy Signal | Oct 31, 2022 | 4 years ago |
| MACD: Sell Signal | Sep 26, 2022 | 4 years ago |
| SMA: Bearish | Aug 22, 2022 | 4 years ago |
| SMA: Bearish | Aug 22, 2022 | 4 years ago |
| SMA: Bullish | Aug 15, 2022 | 4 years ago |
| SMA: Bearish | Aug 8, 2022 | 4 years ago |
| SMA: Bullish | Aug 1, 2022 | 4 years ago |
| SMA: Bullish | Jul 25, 2022 | 4 years ago |
| RSI: Oversold | May 9, 2022 | 4 years ago |
| SMA: Bearish | Apr 11, 2022 | 4 years ago |
| SMA: Bullish | Mar 21, 2022 | 4 years ago |
| SMA: Bearish | Mar 14, 2022 | 4 years ago |
| SMA: Bullish | Feb 28, 2022 | 4 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
- Altair and JetZero Join Forces to Propel Aerospace Innovation
- Altair One® Cloud Innovation Gateway Achieves Seamless Integration with NVIDIA Omniverse Blueprint for Real-Time Digital Twins
- Altair to Showcase Leading AI, Simulation, and HPC Technologies at Hannover Messe 2025
- Altair Joins the Piedmont Aerospace Cluster
- Altair Engineering (ALTR) Q4 Earnings Lag Estimates
- Altair Announces Fourth Quarter and Full Year 2024 Financial Results
- Altair Releases Altair® HyperWorks® 2025
- Altair and LTTS Launch 5G-6G Wireless Center of Excellence to Shape the Future of Telecommunications Innovation
- Altair Announces Future.Industry 2025 Global Event
- Meridian Flight Systems Joins Altair Aerospace Startup Acceleration Program (ASAP)
Your note
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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 |