NASDAQ:ALTR - Altair Engineering Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $34.00 -0.13 (-0.38 %) (As of 02/21/2019 01:26 PM ET)Previous Close$34.13Today's Range$33.75 - $34.0852-Week Range$25.28 - $43.99Volume1,588 shsAverage Volume160,780 shsMarket Capitalization$2.39 billionP/E Ratio-54.00Dividend YieldN/ABeta1.62 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Altair Engineering Inc., together with its subsidiaries, provides enterprise-class engineering software worldwide. The company operates through two segments, Software and Client Engineering Services. Its integrated suite of multi-disciplinary computer aided engineering software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling and embedded systems, as well as provides data analytics and true-to-life visualization and rendering. The company also offers client engineering services to support customers with long-term ongoing product design and development services, as well as consulting, training, and support services. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan. Receive ALTR News and Ratings via Email Sign-up to receive the latest news and ratings for ALTR and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustrySemiconductors SectorConstruction Current SymbolNASDAQ:ALTR Previous Symbol CUSIP02144110 Webwww.altair.com Phone248-614-2400Debt Debt-to-Equity RatioN/A Current Ratio1.50 Quick Ratio1.50Price-To-Earnings Trailing P/E Ratio-54.00 Forward P/E Ratio106.25 P/E GrowthN/A Sales & Book Value Annual Sales$333.33 million Price / Sales7.17 Cash FlowN/A Price / Cash FlowN/A Book Value$0.96 per share Price / Book35.42Profitability EPS (Most Recent Fiscal Year)($0.63) Net Income$-99,400,000.00 Net Margins-12.83% Return on Equity13.76% Return on Assets5.04%Miscellaneous Employees2,000 Outstanding Shares70,330,000Market Cap$2.39 billion OptionableOptionable 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, August, 9th. The software reported $0.05 EPS for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.01. The software had revenue of $95.60 million for the quarter, compared to analysts' expectations of $91.08 million. Altair Engineering had a negative net margin of 12.83% and a positive return on equity of 13.76%. The firm's revenue was up 17.2% on a year-over-year basis. View Altair Engineering's Earnings History. When is Altair Engineering's next earnings date? Altair Engineering is scheduled to release their next quarterly earnings announcement on Wednesday, March 20th 2019. View Earnings Estimates for Altair Engineering. What price target have analysts set for ALTR? 7 analysts have issued 12 month price targets for Altair Engineering's stock. Their forecasts range from $36.00 to $43.00. On average, they expect Altair Engineering's share price to reach $39.3333 in the next year. This suggests a possible upside of 15.7% from the stock's current price. View Analyst Price Targets for Altair Engineering. What is the consensus analysts' recommendation for Altair Engineering? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altair Engineering in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altair Engineering. Has Altair Engineering been receiving favorable news coverage? Media headlines about ALTR stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Altair Engineering earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news coverage about the software a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. Who are some of Altair Engineering's key competitors? Some companies that are related to Altair Engineering include Nutanix (NTNX), Temenos (TMNSF), Okta (OKTA), Docusign (DOCU), UBISOFT ENTMT S/ADR (UBSFY), Tyler Technologies (TYL), Black Knight (BKI), Guidewire Software (GWRE), Trend Micro (TMICY), HubSpot (HUBS), Elastic (ESTC), Momo (MOMO), Ceridian HCM (CDAY), National Instruments (NATI) and SolarWinds (SWI). Who are Altair Engineering's key executives? Altair Engineering's management team includes the folowing people: Mr. James R. Scapa, Founder, Chairman & CEO (Age 62)Mr. Howard N. Morof, Chief Financial Officer (Age 59)Mr. Brett Chouinard, Pres, COO & Director (Age 54)Mr. Martin Nichols, Chief Information Officer (Age 56)Mr. David L. Simon, Chief Admin. Officer 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 $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. Who are Altair Engineering's major shareholders? Altair Engineering's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.39%), Polar Capital LLP (1.05%), Eaton Vance Management (0.67%), Lord Abbett & CO. LLC (0.57%), Two Sigma Advisers LP (0.45%) and Northern Trust Corp (0.44%). Company insiders that own Altair Engineering stock include Brett R Chouinard, Gc Investments Llc, George J Christ, Howard N Morof, James E Brancheau, James Ralph Scapa, Massimo Giuseppe Fariello and Nelson Dias. View Institutional Ownership Trends for Altair Engineering. Which major investors are selling Altair Engineering stock? ALTR stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Millennium Management LLC, BlackRock Inc., D. E. Shaw & Co. Inc., Summit Partners Public Asset Management LLC, Bank of New York Mellon Corp, Northern Trust Corp and GSA Capital Partners LLP. Company insiders that have sold Altair Engineering company stock in the last year include Brett R Chouinard, George J Christ, Howard N Morof, James E Brancheau, James Ralph Scapa, Massimo Giuseppe Fariello and Nelson Dias. View Insider Buying and Selling for Altair Engineering. Which major investors are buying Altair Engineering stock? ALTR stock was bought by a variety of institutional investors in the last quarter, including Polar Capital LLP, SG Americas Securities LLC, Chartwell Investment Partners LLC, Eaton Vance Management, Claybrook Capital LLC, Lord Abbett & CO. LLC, Royce & Associates LP and Geode Capital Management LLC. View Insider Buying and Selling for Altair Engineering. How do I buy shares of Altair Engineering? Shares of ALTR 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 ALTR stock can currently be purchased for approximately $34.00. How big of a company is Altair Engineering? Altair Engineering has a market capitalization of $2.39 billion and generates $333.33 million in revenue each year. The software earns $-99,400,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis. Altair Engineering employs 2,000 workers across the globe. What is Altair Engineering's official website? The official website for Altair Engineering is http://www.altair.com. How can I contact Altair Engineering? Altair Engineering's mailing address is 1820 EAST BIG BEAVER ROAD, TROY MI, 48083. The software can be reached via phone at 248-614-2400 or via email at [email protected] MarketBeat Community Rating for Altair Engineering (NASDAQ ALTR)Community Ranking: 2.1 out of 5 ( )Outperform Votes: 450 (Vote Outperform)Underperform Votes: 623 (Vote Underperform)Total Votes: 1,073MarketBeat's community ratings are surveys of what our community members think about Altair Engineering and other stocks. Vote "Outperform" if you believe ALTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALTR will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/21/2019 by MarketBeat.com StaffFeatured Article: What is the price-to-earnings growth (PEG) ratio?