Advertisement

Altair Engineering Inc. ALTR

Set alert

Price alert · ALTR

All alert types
111.85 0.00 0.00%

At close · Mar 26

111.85 Day range 111.85

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

Chart tools
Interval

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)
NameDateAgo
MACD: Sell SignalFeb 20, 20251 year ago
RSI: OverboughtJan 8, 20251 year ago
MACD: Buy SignalOct 14, 20242 years ago
SMA: BullishSep 23, 20242 years ago
SMA: BullishSep 16, 20242 years ago
SMA: BearishSep 9, 20242 years ago
SMA: BullishAug 19, 20242 years ago
SMA: BearishJul 29, 20242 years ago
MACD: Sell SignalJul 29, 20242 years ago
SMA: BearishJul 22, 20242 years ago
MACD: Buy SignalJun 10, 20242 years ago
MACD: Sell SignalJun 3, 20242 years ago
MACD: Buy SignalMay 24, 20242 years ago
SMA: BullishMay 10, 20242 years ago
SMA: BearishMar 28, 20242 years ago
SMA: BullishMar 21, 20242 years ago
MACD: Sell SignalMar 14, 20242 years ago
SMA: BearishFeb 29, 20242 years ago
RSI: OverboughtFeb 15, 20242 years ago
MACD: Buy SignalNov 15, 20232 years ago
SMA: BullishNov 8, 20232 years ago
SMA: BullishNov 8, 20232 years ago
SMA: BearishOct 24, 20233 years ago
SMA: BullishOct 10, 20233 years ago
SMA: BearishAug 8, 20233 years ago
SMA: BearishJul 25, 20233 years ago
MACD: Sell SignalJul 11, 20233 years ago
RSI: OverboughtMay 30, 20233 years ago
SMA: BullishMay 23, 20233 years ago
SMA: BearishMay 2, 20233 years ago
RSI: OverboughtMar 21, 20233 years ago
SMA: BullishJan 17, 20233 years ago
SMA: BullishJan 10, 20233 years ago
SMA: BearishDec 20, 20223 years ago
SMA: BullishNov 29, 20223 years ago
SMA: BearishNov 22, 20223 years ago
SMA: BullishNov 15, 20223 years ago
SMA: BearishNov 8, 20223 years ago
SMA: BullishOct 31, 20224 years ago
MACD: Buy SignalOct 31, 20224 years ago
MACD: Sell SignalSep 26, 20224 years ago
SMA: BearishAug 22, 20224 years ago
SMA: BearishAug 22, 20224 years ago
SMA: BullishAug 15, 20224 years ago
SMA: BearishAug 8, 20224 years ago
SMA: BullishAug 1, 20224 years ago
SMA: BullishJul 25, 20224 years ago
RSI: OversoldMay 9, 20224 years ago
SMA: BearishApr 11, 20224 years ago
SMA: BullishMar 21, 20224 years ago
SMA: BearishMar 14, 20224 years ago
SMA: BullishFeb 28, 20224 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

Hold
Price target (mean) 103.63 -7.3% downside
Target (low)
84.90
Target (mean)
103.63
Target (high)
113.00
Ratings (0m) 4 0 buy · 4 hold · 0 sell
  • Strong buy0
  • Buy0
  • Hold4
  • Sell0
  • Strong sell0

Next earnings

Feb 20, 2025

Expected Feb 20, 2025. Consensus EPS estimate 0.4125.

Earnings history

Financials — quick view

All financials
ALTR Revenue — quarterly 192.63M
2021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 2024
ALTR Net income — quarterly 996.00K
2021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 2024
ALTR EPS — quarterly 0.01
2021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 2024

Earnings

ALTR recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 20, 2025Dec 1, 20240.53———
Oct 30, 2024Sep 1, 20240.16———
Aug 1, 2024Jun 1, 20240.15———
May 2, 2024Mar 1, 20240.35———
Feb 22, 2024Dec 1, 20230.41———

Upgrades / downgrades

ALTR analyst upgrades and downgrades
DateFirmActionFromTo
Feb 24, 2025RosenblattmainNeutralNeutral
Feb 21, 2025NeedhamreitHoldHold
Oct 31, 2024RBC CapitalmainSector PerformSector Perform
Oct 31, 2024NeedhamdownBuyHold
Oct 31, 2024RosenblattmainNeutralNeutral
Oct 31, 2024William BlairdownOutperformMarket 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

Your note

Sign in to keep a note on ALTR — it syncs with the Stock Master app.

Insider holders

ALTR insider holders
InsiderRelationLatest transactionDateShares held
BUCKNER STEPHANIEChief Operating OfficerSaleMar 16, 20250
DIAS NELSONOfficerSaleMar 16, 202555,411
GAYLE BRIANOfficerSaleMar 16, 202518,008
HARRIS TERESA ADirectorSaleMar 5, 202518,092
KUNJU RAVIOfficerSaleMar 16, 202534,388
MAITRA RAOUL KOfficerSaleMar 16, 202531,112

Institution ownership

ALTR institution ownership
Holder% heldSharesValueReported
Matrix Capital Management20.58%12,430,0001.39BDec 30, 2024
Blackrock Inc.12.38%7,478,856836.51MDec 30, 2024
Vanguard Group Inc11.41%6,894,230771.12MDec 30, 2024
State Street Corporation3.51%2,122,319237.38MDec 30, 2024
Geode Capital Management, LLC2.31%1,394,124155.93MDec 30, 2024
Impax Asset Management Group plc1.98%1,196,098133.78MDec 30, 2024

Fund ownership

ALTR fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Mid-Cap ETF3.22%1,943,605217.39MFeb 27, 2025
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.10%1,873,274209.53MDec 30, 2024
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.52%1,522,519170.29MDec 30, 2024
iShares Trust-iShares Russell 2000 ETF2.33%1,406,091157.27MFeb 27, 2025
VANGUARD WORLD FUND-Vanguard Information Technology Index Fund1.63%987,299110.43MNov 29, 2024
VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund1.50%905,693101.30MDec 30, 2024
Advertisement