ALTR vs. IBP, AZEK, SUM, FLR, CHX, UFPI, MTZ, MTH, TMHC, and SSD
Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Installed Building Products (IBP), AZEK (AZEK), Summit Materials (SUM), Fluor (FLR), ChampionX (CHX), UFP Industries (UFPI), MasTec (MTZ), Meritage Homes (MTH), Taylor Morrison Home (TMHC), and Simpson Manufacturing (SSD). These companies are all part of the "construction" sector.
Installed Building Products (NYSE:IBP) and Altair Engineering (NASDAQ:ALTR) are both mid-cap construction companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, community ranking, analyst recommendations, valuation, dividends, risk, profitability, earnings and media sentiment.
Installed Building Products has a beta of 1.91, indicating that its stock price is 91% more volatile than the S&P 500. Comparatively, Altair Engineering has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500.
Installed Building Products currently has a consensus target price of $208.40, indicating a potential downside of 12.30%. Altair Engineering has a consensus target price of $90.00, indicating a potential upside of 10.36%. Given Installed Building Products' higher probable upside, analysts clearly believe Altair Engineering is more favorable than Installed Building Products.
99.6% of Installed Building Products shares are owned by institutional investors. Comparatively, 63.4% of Altair Engineering shares are owned by institutional investors. 16.5% of Installed Building Products shares are owned by company insiders. Comparatively, 21.8% of Altair Engineering shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
In the previous week, Altair Engineering had 2 more articles in the media than Installed Building Products. MarketBeat recorded 6 mentions for Altair Engineering and 4 mentions for Installed Building Products. Altair Engineering's average media sentiment score of 0.76 beat Installed Building Products' score of 0.37 indicating that Installed Building Products is being referred to more favorably in the media.
Installed Building Products has higher revenue and earnings than Altair Engineering. Altair Engineering is trading at a lower price-to-earnings ratio than Installed Building Products, indicating that it is currently the more affordable of the two stocks.
Installed Building Products has a net margin of 8.77% compared to Installed Building Products' net margin of -1.46%. Altair Engineering's return on equity of 47.18% beat Installed Building Products' return on equity.
Altair Engineering received 232 more outperform votes than Installed Building Products when rated by MarketBeat users. However, 64.84% of users gave Installed Building Products an outperform vote while only 58.57% of users gave Altair Engineering an outperform vote.
Summary
Installed Building Products beats Altair Engineering on 12 of the 17 factors compared between the two stocks.
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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.
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