ALTR vs. SUM, UFPI, AZEK, IBP, MTH, SSD, FLR, CHX, AAON, and TMHC
Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Summit Materials (SUM), UFP Industries (UFPI), AZEK (AZEK), Installed Building Products (IBP), Meritage Homes (MTH), Simpson Manufacturing (SSD), Fluor (FLR), ChampionX (CHX), AAON (AAON), and Taylor Morrison Home (TMHC). These companies are all part of the "construction" sector.
Altair Engineering (NASDAQ:ALTR) and Summit Materials (NYSE:SUM) are both mid-cap construction companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, valuation, community ranking, risk, earnings, media sentiment, institutional ownership and dividends.
In the previous week, Altair Engineering had 17 more articles in the media than Summit Materials. MarketBeat recorded 24 mentions for Altair Engineering and 7 mentions for Summit Materials. Altair Engineering's average media sentiment score of 0.35 beat Summit Materials' score of 0.25 indicating that Altair Engineering is being referred to more favorably in the media.
Altair Engineering has a beta of 1.42, meaning that its share price is 42% more volatile than the S&P 500. Comparatively, Summit Materials has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500.
Summit Materials has higher revenue and earnings than Altair Engineering. Summit Materials is trading at a lower price-to-earnings ratio than Altair Engineering, indicating that it is currently the more affordable of the two stocks.
63.4% of Altair Engineering shares are owned by institutional investors. 21.8% of Altair Engineering shares are owned by company insiders. Comparatively, 0.6% of Summit Materials shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Altair Engineering received 153 more outperform votes than Summit Materials when rated by MarketBeat users. However, 62.42% of users gave Summit Materials an outperform vote while only 58.61% of users gave Altair Engineering an outperform vote.
Altair Engineering currently has a consensus target price of $94.60, suggesting a potential upside of 5.06%. Summit Materials has a consensus target price of $46.92, suggesting a potential upside of 12.27%. Given Summit Materials' stronger consensus rating and higher possible upside, analysts clearly believe Summit Materials is more favorable than Altair Engineering.
Summit Materials has a net margin of 8.36% compared to Altair Engineering's net margin of 1.55%. Summit Materials' return on equity of 7.33% beat Altair Engineering's return on equity.
Summary
Summit Materials beats Altair Engineering on 10 of the 18 factors compared between the two stocks.
Get Altair Engineering News Delivered to You Automatically
Sign up to receive the latest news and ratings for ALTR and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ALTR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Altair Engineering Competitors List
Related Companies and Tools
