🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Altair Engineering Inc (ALTR)

NASDAQ
Currency in USD
106.15
+0.35(+0.33%)
Closed
After Hours
106.150.00(0.00%)
ALTR Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
105.91106.40
52 wk Range
73.22113.12
Key Statistics
Edit
Prev. Close
105.8
Open
106.4
Day's Range
105.91-106.4
52 wk Range
73.22-113.12
Volume
505K
Average Volume (3m)
889.08K
1-Year Change
42.68%
Book Value / Share
9.86
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
ALTR Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
105.98
Downside
-0.16%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings upwards for the upcoming period
Show more

Altair Engineering Company Profile

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.

Employees
3200

Compare ALTR to Peers and Sector

Metrics to compare
ALTR
Peers
Sector
Relationship
P/E Ratio
275.5x41.5x11.2x
PEG Ratio
0.970.020.01
Price/Book
10.8x5.8x2.4x
Price / LTM Sales
14.0x8.5x2.2x
Upside (Analyst Target)
6.8%7.6%19.1%
Fair Value Upside
Unlock−0.9%2.8%Unlock

Analysts' Recommendations

0 Buy
7 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 105.98

(-0.16% Downside)

People Also Watch

14.30
ADEA
+2.95%
27.23
SLM
+2.83%
37.76
CARG
-0.76%
32.50
KRNT
+1.06%

FAQ

What Is the Altair Engineering (ALTR) Stock Price Today?

The Altair Engineering stock price today is 106.15

What Stock Exchange Does Altair Engineering Trade On?

Altair Engineering is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Altair Engineering?

The stock symbol for Altair Engineering is "ALTR."

What Is the Altair Engineering Market Cap?

As of today, Altair Engineering market cap is 9.05B.

What is Altair Engineering Earnings Per Share?

The Altair Engineering EPS is 0.395.

What Is the Next Altair Engineering Earnings Date?

Altair Engineering will release its next earnings report on 20 Feb 2025.

From a Technical Analysis Perspective, Is ALTR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.