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.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustrySemiconductors
SectorConstruction
Phone248-614-2400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$333.33 million
Profitability
Miscellaneous
Employees2,000
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, November, 8th. The software reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The software had revenue of $93.87 million for the quarter, compared to analyst estimates of $95.48 million. Altair Engineering had a positive return on equity of 13.76% and a negative net margin of 12.83%. View Altair Engineering's Earnings History.
When is Altair Engineering's next earnings date?
What price target have analysts set for ALTR?
7 brokerages have issued 12 month price targets for Altair Engineering's shares. Their predictions range from $36.00 to $43.00. On average, they anticipate Altair Engineering's share price to reach $39.3333 in the next year. This suggests a possible upside of 27.2% 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?
News headlines about ALTR stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Altair Engineering earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave news stories about the software a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect 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 Okta (OKTA), Micro Focus International (MFGP), The Ultimate Software Group (ULTI), Trend Micro (TMICY), Temenos (TMNSF), Paycom Software (PAYC), Docusign (DOCU), Tyler Technologies (TYL), Black Knight (BKI), Guidewire Software (GWRE), Konami (KNMCY), HubSpot (HUBS), National Instruments (NATI), Momo (MOMO) and New Relic (NEWR).
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. Massimo Fariello, Chief Strategy Officer (Age 57)
- Mr. Brett Chouinard, Pres & COO (Age 54)
- Mr. Martin Nichols, Chief Information Officer (Age 56)
When did Altair Engineering IPO?
(ALTR) raised $144 million in an initial public offering (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.
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 $30.93.
How big of a company is Altair Engineering?
Altair Engineering has a market capitalization of $2.18 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?
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)
MarketBeat'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.
