Will This ETF Beat the Market Over the Next 12 Months?
2024 was another banner year for the US stock market,…
Sell
44
ALTR Quote, Financials, Valuation and Earnings
Last price:
$109.65
Seasonality move
:
12.33%
Day range:
$109.15 - $109.40
52-week range:
$75.71 - $113.12
Dividend yield:
0%
P/E ratio:
266.61x
P/S ratio:
14.57x
P/B ratio:
11.13x
Volume:
590.9K
Avg. volume:
766.8K
1-year change:
39.98%
Market cap:
$9.3B
Revenue:
$612.7M
EPS (TTM):
$0.41
Analysts' Opinion
-
Consensus RatingAltair Engineering has received a consensus rating of Hold. The company's average rating is a Hold based on 0 Buy ratings, 7 Hold ratings, and 0 Sell ratings.
-
Price Target DownsideAccording to analysts' consensus price target of --, Altair Engineering has an estimated downside of -3.05% from its current price of $109.31.
-
Price Target UpsideAccording to analysts, the highest upside price target is -- representing -100% upside increase from its current price of $109.31.
Fair Value
-
According to the consensus of 7 analysts, Altair Engineering has -3.05% downside to fair value with a price target of -- per share.
ALTR vs. S&P 500
-
Over the past 5 trading days, Altair Engineering has overperformed the S&P 500 by 2.01% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
Altair Engineering does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Altair Engineering has grown year-over-year revenues for 8 quarters straight. In the most recent quarter Altair Engineering reported revenues of $151.5M.
Earnings Growth
-
Altair Engineering has grown year-over-year earnings for 1 quarter straight. In the most recent quarter Altair Engineering reported earnings per share of $0.02.
Enterprise value:
9B
EV / Invested capital:
--
Price / LTM sales:
14.57x
EV / EBIT:
154.09x
EV / Revenue:
14.00x
PEG ratio (5yr expected):
--
EV / Free cash flow:
71.54x
Price / Operating cash flow:
74.43x
Enterprise value / EBITDA:
90.66x
Gross Profit (TTM):
$524.1M
Return On Assets:
2.45%
Net Income Margin (TTM):
5.1%
Return On Equity:
4.4%
Return On Invested Capital:
3.21%
Operating Margin:
-2.85%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $552.6M | $601.6M | $644.7M | $134M | $151.5M | |
| Gross Profit | $430.8M | $475.2M | $524.1M | $104.9M | $121.4M | |
| Operating Income | -$6.9M | -$17.7M | $29.3M | -$11.3M | -$4.3M | |
| EBITDA | -$1.5M | $41.8M | $99.5M | $409K | $18M | |
| Diluted EPS | -$0.74 | -$0.21 | $0.41 | -$0.05 | $0.02 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $359.8M | $579.5M | $465.7M | $592M | $687M | |
| Total Assets | $779.7M | $1B | $1.1B | $1.3B | $1.4B | |
| Current Liabilities | $149.5M | $347.9M | $198.5M | $296.9M | $210.1M | |
| Total Liabilities | $419.5M | $411.4M | $589.4M | $617.9M | $541M | |
| Total Equity | $360.2M | $603M | $535.5M | $634.1M | $836.9M | |
| Total Debt | $216.4M | $196.8M | $305.2M | $307M | $226.8M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $32.6M | $118.7M | $138.2M | $16.4M | $14.5M | |
| Cash From Investing | -$200.7M | -$16.9M | -$42.6M | -$5.2M | -$21.3M | |
| Cash From Financing | $37.4M | $12.8M | -$18.1M | $4M | $9.2M | |
| Free Cash Flow | $24.8M | $107.9M | $126.2M | $14.7M | $9.8M | |
ALTR
Sector
Market Cap
$9.3B
$126.9M
Price % of 52-Week High
96.63%
68.85%
Dividend Yield
0%
0%
Shareholder Yield
0.2%
0.97%
1-Year Price Total Return
39.98%
-7.26%
Beta (5-Year)
1.421
0.920
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years
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Technicals
8-day SMA
Buy
Level
$109.03
200-day SMA
Buy
Level
$93.64
Bollinger Bands (100)
Buy
Level
90.82 - 106.34
Chaikin Money Flow
Buy
Level
12M
20-day SMA
Buy
Level
$107.43
Relative Strength Index (RSI14)
Buy
Level
68.64
ADX Line
Buy
Level
40.65
Williams %R
Sell
Level
-4.0302
50-day SMA
Buy
Level
$105.81
MACD (12, 26)
Buy
Level
1.30
25-day Aroon Oscillator
Buy
Level
72
On Balance Volume
Neutral
Level
11.8M
Financial Scores
Buy
Altman Z-Score
(Annual)
Level (7.0446)
Buy
CA Score
(Annual)
Level (-0.2178)
Buy
Beneish M-Score
(Annual)
Level (-2.8716)
Buy
Momentum Score
Level (10)
Sell
Ohlson Score
Level (1.9414)
Buy
Piotroski F Score
(Annual)
Level (5)
Buy
Quality Ratio Score
Level (6)
Buy
Fundamental Score
Level (7)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Stock Forecast FAQ
In the current month, ALTR has received 0 Buy ratings 7 Hold ratings, and 0 Sell ratings. The ALTR average analyst price target in the past 3 months is --.
-
Where Will Altair Engineering Stock Be In 1 Year?
According to analysts, the consensus estimate is that Altair Engineering share price will drop to -- per share over the next 12 months.
-
What Do Analysts Say About Altair Engineering?
Analysts are divided on their view about Altair Engineering share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Altair Engineering is a Sell and believe this share price will rise from its current level to --.
-
What Is Altair Engineering's Price Target?
The price target for Altair Engineering over the next 1-year time period is forecast to be -- according to 7 Wall Street analysts, 0 of them rate the stock a Buy, 0 rate the stock a Sell, and 7 analysts rate the stock a Hold.
-
Is ALTR A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Altair Engineering is a Hold. 7 of 7 analysts rate the stock a Hold at this time.
-
How Can I Buy Shares Of ALTR?
You can purchase shares of Altair Engineering via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Altair Engineering shares.
-
What Is The Altair Engineering Share Price Today?
Altair Engineering was last trading at $109.65 per share. This represents the most recent stock quote for Altair Engineering. Yesterday, Altair Engineering closed at $109.31 per share.
-
How To Buy Altair Engineering Stock Online?
In order to purchase Altair Engineering stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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