Altair Engineering Stock Price, News & Analysis (NASDAQ:ALTR)

$22.32 -0.76 (-3.29 %)
(As of 12/13/2017 01:49 PM ET)
Previous Close$23.08
Today's Range$22.13 - $23.58
52-Week Range$16.55 - $25.59
Volume272,300 shs
Average Volume386,143 shs
Market Capitalization$1.45 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Altair Engineering (NASDAQ:ALTR)

Altair Engineering logoAltair Engineering Inc. is a United States-based software company. The Company is focused on developing engineering software and computing technologies. The Company’s products include HyperWorks, solidThinking, PBS Works, and Carriots. The Company offers a range of solutions such as product engineering, industrial design, and tailored solutions. The Company provides open CAE software solutions for modeling, visualization, optimization and process automation. Altair's grid computing software, PBS Pro, is a workload management solution for computing environments, LINUX clusters and desktop cycle harvesting.

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Industry, Sector and Symbol

Industry IT Services & Consulting
Sub-IndustrySemiconductors
SectorConstruction
SymbolNASDAQ:ALTR
CUSIP02144110
Phone248-614-2400

Debt

Debt-to-Equity Ratio-1.31%
Current Ratio0.52%
Quick Ratio0.51%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$313.24 million
Price / Sales4.48
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees2,400
Outstanding Shares62,900,000

Altair Engineering (NASDAQ:ALTR) Frequently Asked Questions

What is Altair Engineering's stock symbol?

Altair Engineering trades on the NASDAQ under the ticker symbol "ALTR."

How were Altair Engineering's earnings last quarter?

Altair Engineering Inc (NASDAQ:ALTR) posted its quarterly earnings results on Thursday, November, 30th. The semiconductor manufacturer reported ($0.59) EPS for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.63. The semiconductor manufacturer earned $84.90 million during the quarter, compared to analysts' expectations of $83.07 million. Altair Engineering's revenue for the quarter was up 8.7% compared to the same quarter last year. View Altair Engineering's Earnings History.

When will Altair Engineering make its next earnings announcement?

Altair Engineering is scheduled to release their next quarterly earnings announcement on Thursday, March, 1st 2018. View Earnings Estimates for Altair Engineering.

Where is Altair Engineering's stock going? Where will Altair Engineering's stock price be in 2017?

5 Wall Street analysts have issued 1 year price objectives for Altair Engineering's stock. Their forecasts range from $25.00 to $28.00. On average, they expect Altair Engineering's share price to reach $26.00 in the next year. View Analyst Ratings for Altair Engineering.

Who are some of Altair Engineering's key competitors?

Who are Altair Engineering's key executives?

Altair Engineering's management team includes the folowing people:

  • James R Scapa, Chairman & CEO
  • Norma Jean Zaleski, Chief Financial Officer
  • James E Brancheau, CTO, Director
  • Tom M Perring, Chief Administrative Officer
  • Martin C. Clague, Board Member (Age 63)
  • Louis M. Crain, Board Member (Age 57)
  • Steve Earhart, Board Member
  • Howard Morof, Board Member

When did Altair Engineering IPO?

(ALTR) raised $144 million in an IPO on Wednesday, November 1st 2017. The company issued 12,000,000 shares at a price of $11.00-$13.00 per share. J.P. Morgan, RBC Capital Markets and Deutsche Bank Securities served as the underwriters for the IPO and William Blair and Canaccord Genuity were co-managers.

When does the company's lock-up period expire?

Altair Engineering's lock-up period expires on Monday, April 30th. Altair Engineering had issued 12,000,000 shares in its public offering on November 1st. The total size of the offering was $156,000,000 based on an initial share price of $13.00. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

How do I buy Altair Engineering stock?

Shares of Altair Engineering can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Altair Engineering's stock price today?

One share of Altair Engineering stock can currently be purchased for approximately $22.32.

How big of a company is Altair Engineering?

Altair Engineering has a market capitalization of $1.45 billion and generates $313.24 million in revenue each year. Altair Engineering employs 2,400 workers across the globe.

How can I contact Altair Engineering?

Altair Engineering's mailing address is 1820 E. BIG BEAVER ROAD, TROY MI, 48083. The semiconductor manufacturer can be reached via phone at 248-614-2400.


MarketBeat Community Rating for Altair Engineering (ALTR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  353 (Vote Outperform)
Underperform Votes:  506 (Vote Underperform)
Total Votes:  859
MarketBeat's community ratings are surveys of what our community members think about Altair Engineering and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Altair Engineering (NASDAQ:ALTR) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.402.002.002.00
Ratings Breakdown: 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $26.00N/AN/AN/A
Price Target Upside: 4.42% upsideN/AN/AN/A

Altair Engineering (NASDAQ:ALTR) Consensus Price Target History

Price Target History for Altair Engineering (NASDAQ:ALTR)

Altair Engineering (NASDAQ:ALTR) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/27/2017Royal Bank of CanadaInitiated CoverageSector Perform$26.00HighView Rating Details
11/27/2017Canaccord GenuityInitiated CoverageHold$25.00HighView Rating Details
11/27/2017William BlairInitiated CoverageOutperformHighView Rating Details
11/27/2017Deutsche BankInitiated CoverageBuy$28.00HighView Rating Details
11/27/2017J P Morgan Chase & CoInitiated CoverageNeutral$25.00HighView Rating Details
1/4/2016Wells Fargo & CompanyReiterated RatingHoldN/AView Rating Details
(Data available from 12/13/2015 forward)

Earnings

Altair Engineering (NASDAQ:ALTR) Earnings History and Estimates Chart

Earnings by Quarter for Altair Engineering (NASDAQ:ALTR)

Altair Engineering (NASDAQ ALTR) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2018        
11/30/2017Q3 2017$0.04($0.59)$83.07 million$84.90 millionViewN/AView Earnings Details
10/22/2015Q315$0.30$0.20$428.95 million$399.57 millionViewN/AView Earnings Details
7/23/2015Q215$0.26$0.23$409.60 million$414.20 millionViewN/AView Earnings Details
4/23/2015Q115$0.32$0.31$470.99 million$435.50 millionViewListenView Earnings Details
1/22/2015Q414$0.35$0.36$480.48 million$479.90 millionViewListenView Earnings Details
10/23/2014Q314$0.37$0.38$491.40 million$499.61 millionViewListenView Earnings Details
7/24/2014Q214$0.37$0.41$480.22 million$491.50 millionViewListenView Earnings Details
4/24/2014Q114$0.32$0.37$437.97 million$461.10 millionViewListenView Earnings Details
1/23/2014Q413$0.30$0.31$442.07 million$454.40 millionViewListenView Earnings Details
7/23/2013Q2 2013$0.31$0.31$420.90 million$421.80 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.32$0.37$413.49 million$410.50 millionViewListenView Earnings Details
1/23/2013Q4 2012$0.39$0.37$450.73 million$439.44 millionViewN/AView Earnings Details
10/23/2012$0.46$0.49ViewN/AView Earnings Details
7/24/2012$0.39$0.50ViewN/AView Earnings Details
4/19/2012$0.36$0.35ViewN/AView Earnings Details
1/24/2012$0.42$0.45ViewN/AView Earnings Details
10/20/2011$0.59$0.57ViewN/AView Earnings Details
7/19/2011$0.64$0.65ViewN/AView Earnings Details
4/26/2011$0.65$0.68ViewN/AView Earnings Details
1/25/2011$0.71$0.72ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Altair Engineering (NASDAQ:ALTR) Earnings Estimates

2017 EPS Consensus Estimate: $0.11
2018 EPS Consensus Estimate: $0.36
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.04$0.04$0.04
Q4 20171$0.07$0.07$0.07
Q1 20181$0.06$0.06$0.06
Q2 20181$0.07$0.07$0.07
Q3 20181$0.09$0.09$0.09
Q4 20181$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Altair Engineering (NASDAQ:ALTR) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/22/2015quarterly$0.181.37%11/6/201511/10/201512/1/2015
7/23/2015quarterly$0.181.47%8/6/20158/10/20159/1/2015
4/23/2015quarterly$0.181.79%5/7/20155/11/20156/1/2015
1/22/2015quarterly$0.182.12%2/6/20152/10/20153/2/2015
10/23/2014quarterly$0.182.16%11/6/201411/10/201412/1/2014
7/24/2014quarterly$0.182.15%8/7/20148/11/20149/2/2014
4/24/2014quarterly$0.151.81%5/8/20145/12/20146/2/2014
1/23/2014quarterly$0.151.87%2/6/20142/10/20143/3/2014
10/23/2013quarterly$0.151.86%11/7/201311/12/201312/2/2013
6/3/2013quarterly$0.151.78%8/8/20138/12/20139/3/2013
4/26/2013quarterly$0.101.28%5/8/20135/10/20136/3/2013
1/23/2013quarterly$0.101.19%2/7/20132/11/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Altair Engineering (NASDAQ ALTR) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Altair Engineering (NASDAQ:ALTR)
Insider Trades by Quarter for Altair Engineering (NASDAQ:ALTR)

Altair Engineering (NASDAQ ALTR) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/3/2017Gc Investments LlcMajor ShareholderSell800,000$12.09$9,672,000.00View SEC Filing  
11/3/2017James Ralph ScapaCEOSell1,734,996$12.09$20,976,101.64View SEC Filing  
11/23/2015Dan BiranSVPSell10,750$52.74$566,955.00View SEC Filing  
10/29/2015Mark Jon NelsonSVPSell5,062$52.64$266,463.68View SEC Filing  
6/12/2015Jeffrey WatersSVPSell52,854$51.52$2,723,038.08View SEC Filing  
6/4/2015Ronald J PasekCFOSell5,000$51.47$257,350.00View SEC Filing  
6/3/2015Mark Jon NelsonSVPSell23,254$51.72$1,202,696.88View SEC Filing  
6/2/2015Elisha W FinneyDirectorSell20,000$51.73$1,034,600.00View SEC Filing  
6/2/2015Katherine SchuelkeSVPSell14,639$51.69$756,689.91View SEC Filing  
5/15/2015Dan BiranSVPSell8,177$44.13$360,851.01View SEC Filing  
4/10/2015Dan BiranSVPSell6,969$45.00$313,605.00View SEC Filing  
3/27/2015Dan BiranSVPSell2,716$45.00$122,220.00View SEC Filing  
12/8/2014Mark Jon NelsonSVPSell1,386$38.00$52,668.00View SEC Filing  
11/24/2014Katherine SchuelkeSVPSell20,000$36.42$728,400.00View SEC Filing  
11/24/2014Kevin J McgarityDirectorSell10,000$36.47$364,700.00View SEC Filing  
11/21/2014Katherine SchuelkeSVPSell10,000$36.35$363,500.00View SEC Filing  
11/18/2014Katherine SchuelkeSVPSell10,000$35.80$358,000.00View SEC Filing  
11/4/2014Thomas Michael NevensDirectorSell12,500$34.48$431,000.00View SEC Filing  
9/15/2014Katherine SchuelkeSVPSell5,000$35.28$176,400.00View SEC Filing  
9/9/2014John DaaneCEOSell100,000$36.37$3,637,000.00View SEC Filing  
8/26/2014William HataSVPSell119,408$34.62$4,133,904.96View SEC Filing  
8/22/2014Kevin H LymanSVPSell8,000$34.85$278,800.00View SEC Filing  
8/14/2014Jeffrey WatersSVPSell10,000$33.58$335,800.00View SEC Filing  
8/4/2014Mark Jon NelsonSVPSell8,635$32.69$282,278.15View SEC Filing  
8/1/2014Dan BiranSVPSell27,000$32.64$881,280.00View SEC Filing  
6/12/2014Katherine SchuelkeSVPSell5,190$33.94$176,148.60View SEC Filing  
6/10/2014William HataSVPSell40,000$33.82$1,352,800.00View SEC Filing  
5/30/2014Mark Jon NelsonSVPSell2,177$33.33$72,559.41View SEC Filing  
5/19/2014Dan BiranSVPSell2,697$33.11$89,297.67View SEC Filing  
3/11/2014Kevin McgarityDirectorSell1,667$36.15$60,262.05View SEC Filing  
12/20/2013William HataSVPSell20,000$31.38$627,600.00View SEC Filing  
11/29/2013William HataSVPSell20,000$32.49$649,800.00View SEC Filing  
9/12/2013Thomas Michael NevensDirectorSell8,381$38.66$324,009.46View SEC Filing  
8/2/2013Mark Jon NelsonSVPSell8,169$36.10$294,900.90View SEC Filing  
7/31/2013Katherine SchuelkeSVPSell5,000$35.50$177,500.00View SEC Filing  
6/4/2013Ronald J PasekCFOSell40,355$33.98$1,371,262.90View SEC Filing  
6/4/2013William HataSVPSell20,000$33.87$677,400.00View SEC Filing  
5/16/2013Kevin H LymanSVPSell2,021$33.53$67,764.13View SEC Filing  
5/16/2013Ronald J PasekCFOSell14,436$33.69$486,348.84View SEC Filing  
5/16/2013Susan WangDirectorSell55,833$33.75$1,884,363.75View SEC Filing  
9/14/2012Katherine SchuelkeSVPSell5,000$38.46$192,300.00View SEC Filing  
9/5/2012William HataSVPSell21,059$36.68$772,444.12View SEC Filing  
8/9/2012George A PapaVPSell10,000$36.93$369,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Altair Engineering (NASDAQ ALTR) News Headlines

Source:
DateHeadline
Wired News – Bay Area Rapid Transit Announces Its First Ever Utility Scale Solar Power PPA with Canadian SolarWired News – Bay Area Rapid Transit Announces Its First Ever Utility Scale Solar Power PPA with Canadian Solar
finance.yahoo.com - December 12 at 8:08 AM
Altair Launches WEYV, Platform Offering Consumers Unlimited Access to Entertainment in a Single App ExperienceAltair Launches WEYV, Platform Offering Consumers Unlimited Access to Entertainment in a Single App Experience
finance.yahoo.com - December 5 at 8:04 AM
Q4 2017 EPS Estimates for Altair Engineering Inc Lowered by William Blair (ALTR)Q4 2017 EPS Estimates for Altair Engineering Inc Lowered by William Blair (ALTR)
www.americanbankingnews.com - December 4 at 3:12 AM
Altair Engineering Incs (ALTR) Quiet Period Set To End  on December 11thAltair Engineering Inc's (ALTR) Quiet Period Set To End on December 11th
www.americanbankingnews.com - December 4 at 1:52 AM
Altair Announces Third Quarter 2017 Financial ResultsAltair Announces Third Quarter 2017 Financial Results
finance.yahoo.com - December 1 at 10:06 AM
Altair Engineering (ALTR) Posts Quarterly  Earnings Results, Misses Estimates By $0.63 EPSAltair Engineering (ALTR) Posts Quarterly Earnings Results, Misses Estimates By $0.63 EPS
www.americanbankingnews.com - November 30 at 9:22 PM
Zacks: Altair Engineering Inc. (ALTR) Given $26.00 Consensus Target Price by BrokeragesZacks: Altair Engineering Inc. (ALTR) Given $26.00 Consensus Target Price by Brokerages
www.americanbankingnews.com - November 30 at 5:28 PM
Altair Engineering Inc. Forecasted to Earn Q3 2017 Earnings of $0.04 Per Share (ALTR)Altair Engineering Inc. Forecasted to Earn Q3 2017 Earnings of $0.04 Per Share (ALTR)
www.americanbankingnews.com - November 29 at 7:30 AM
Altair Engineering Inc. (ALTR) Coverage Initiated at J P Morgan Chase & CoAltair Engineering Inc. (ALTR) Coverage Initiated at J P Morgan Chase & Co
www.americanbankingnews.com - November 27 at 6:50 PM
Altair Engineering Inc. (ALTR) Receives New Coverage from Analysts at Deutsche Bank AGAltair Engineering Inc. (ALTR) Receives New Coverage from Analysts at Deutsche Bank AG
www.americanbankingnews.com - November 27 at 6:50 PM
Altair Engineering Inc. (ALTR) Coverage Initiated by Analysts at William BlairAltair Engineering Inc. (ALTR) Coverage Initiated by Analysts at William Blair
www.americanbankingnews.com - November 27 at 4:12 PM
Altair Engineering Inc. (ALTR) Now Covered by Analysts at Canaccord GenuityAltair Engineering Inc. (ALTR) Now Covered by Analysts at Canaccord Genuity
www.americanbankingnews.com - November 27 at 3:28 PM
Altair Engineering Inc. (ALTR) Receives New Coverage from Analysts at Royal Bank Of CanadaAltair Engineering Inc. (ALTR) Receives New Coverage from Analysts at Royal Bank Of Canada
www.americanbankingnews.com - November 27 at 8:36 AM
Altair Engineer (ALTR) to Release Quarterly Earnings on ThursdayAltair Engineer (ALTR) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - November 23 at 1:28 AM
Altair Engineer (ALTR) & Unisys Corporation (UIS) Head to Head AnalysisAltair Engineer (ALTR) & Unisys Corporation (UIS) Head to Head Analysis
www.americanbankingnews.com - November 21 at 3:16 PM
Altair to Announce Third Quarter 2017 Financial Results on November 30, 2017Altair to Announce Third Quarter 2017 Financial Results on November 30, 2017
finance.yahoo.com - November 16 at 9:04 PM
Altair Awarded Cray’s 2017 Supplier of the Year at SC17Altair Awarded Cray’s 2017 Supplier of the Year at SC17
finance.yahoo.com - November 16 at 11:07 AM
Altair Engineering Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters Option to Purchase Additional SharesAltair Engineering Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
finance.yahoo.com - November 6 at 4:33 PM
Argentine cement maker Loma Negra and Altair Engineering price IPOs at top of price rangeArgentine cement maker Loma Negra and Altair Engineering price IPOs at top of price range
finance.yahoo.com - November 1 at 4:11 PM
Nasdaq Welcomes Altair Engineering Inc. (Nasdaq: ALTR) to The Nasdaq Stock MarketNasdaq Welcomes Altair Engineering Inc. (Nasdaq: ALTR) to The Nasdaq Stock Market
finance.yahoo.com - November 1 at 4:11 PM
Altair Engineering shares rocket 39% in their first day of trading after IPOAltair Engineering shares rocket 39% in their first day of trading after IPO
finance.yahoo.com - November 1 at 4:11 PM
Altair Engineering (ALTR) Plans to Raise $144 Million in November 1st IPOAltair Engineering (ALTR) Plans to Raise $144 Million in November 1st IPO
www.americanbankingnews.com - October 24 at 1:06 AM
Super Nintendo Games Shall Live Eternal On The Analogue Super NtSuper Nintendo Games Shall Live Eternal On The Analogue Super Nt
finance.yahoo.com - October 16 at 4:38 PM
Chips Off the Old Block: Computers Are Taking Design Cues From Human BrainsChips Off the Old Block: Computers Are Taking Design Cues From Human Brains
www.nytimes.com - September 17 at 8:38 PM
Intel Vs. Taiwan Semiconductor: Which Is A Better Buy?Intel Vs. Taiwan Semiconductor: Which Is A Better Buy?
seekingalpha.com - September 14 at 4:19 PM
Microsoft: FPGA Wins Versus Google TPUs For AIMicrosoft: FPGA Wins Versus Google TPUs For AI
finance.yahoo.com - August 28 at 3:50 PM
IntelliProp Announces Gen-Z Persistent Memory Controller Combining DRAM and NANDIntelliProp Announces Gen-Z Persistent Memory Controller Combining DRAM and NAND
www.bizjournals.com - August 8 at 3:41 PM
Intel’s Server Chips at Risk of ‘Fourth Wave’ of Computing, Says JefferiesIntel’s Server Chips at Risk of ‘Fourth Wave’ of Computing, Says Jefferies
www.barrons.com - July 10 at 3:41 PM
The Intel On Oracle - A Look At Two Tech StocksThe Intel On Oracle - A Look At Two Tech Stocks
www.forbes.com - March 21 at 3:53 PM
Is Management Really to Blame for Intel Corporations Woes?Is Management Really to Blame for Intel Corporation's Woes?
www.fool.com - March 20 at 3:47 PM
Why Intel Is Buying Mobileye, And What Does It Need To Do To Be Successful?Why Intel Is Buying Mobileye, And What Does It Need To Do To Be Successful?
www.forbes.com - March 17 at 4:10 PM
How Intel will try to avoid another acquisition fail with MobileyeHow Intel will try to avoid another acquisition fail with Mobileye
www.marketwatch.com - March 17 at 4:10 PM
Intel Corporation Talks Contract Chip Manufacturing AmbitionsIntel Corporation Talks Contract Chip Manufacturing Ambitions
www.fool.com - March 1 at 8:11 AM
Intel Corporation Thinks It Can Gain Share in FPGAs in 2017 and BeyondIntel Corporation Thinks It Can Gain Share in FPGAs in 2017 and Beyond
www.fool.com - January 31 at 3:38 PM
Chinese traders charged with insider trading on hacked informationChinese traders charged with insider trading on hacked information
www.usatoday.com - December 27 at 3:47 PM

SEC Filings

Altair Engineering (NASDAQ:ALTR) SEC Filings

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Social Media

Financials

Altair Engineering (NASDAQ:ALTR) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Altair Engineering (NASDAQ ALTR) Stock Chart for Wednesday, December, 13, 2017

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This page was last updated on 12/13/2017 by MarketBeat.com Staff

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