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This company has been marked as potentially delisted and may not be actively trading.

NASDAQ:ALTR

Altair Engineering (ALTR) Stock Price, News & Analysis

Altair Engineering logo

About Altair Engineering Stock (NASDAQ:ALTR)

Advanced Chart

Key Stats

Today's Range
$111.85
$111.85
50-Day Range
$111.85
$111.85
52-Week Range
$75.71
$113.12
Volume
N/A
Average Volume
753,729 shs
Market Capitalization
$9.60 billion
P/E Ratio
657.94
Dividend Yield
N/A
Price Target
$109.75
Consensus Rating
Hold

Company Overview

Altair Engineering Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
34th Percentile Overall Score

ALTR MarketRank™: 

Altair Engineering scored higher than 34% of companies evaluated by MarketBeat, and ranked 543rd out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Altair Engineering has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Altair Engineering has received no research coverage in the past 90 days.

  • Read more about Altair Engineering's stock forecast and price target.
  • Earnings Growth

    Earnings for Altair Engineering are expected to grow by 48.28% in the coming year, from $0.87 to $1.29 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Altair Engineering is 657.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Altair Engineering is 657.94, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 48.17.

  • Price to Earnings Growth Ratio

    Altair Engineering has a PEG Ratio of 10.75. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Altair Engineering has a P/B Ratio of 11.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for ALTR.
  • Dividend Yield

    Altair Engineering does not currently pay a dividend.

  • Dividend Growth

    Altair Engineering does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Altair Engineering is 423.53%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Altair Engineering will have a dividend payout ratio of 55.81% next year. This indicates that Altair Engineering will be able to sustain or increase its dividend.

  • Read more about Altair Engineering's dividend.
  • Short Interest

    There is no current short interest data available for ALTR.
    • Insider Buying vs. Insider Selling

      In the past three months, Altair Engineering insiders have not sold or bought any company stock.

    • Percentage Held by Insiders

      21.75% of the stock of Altair Engineering is held by insiders. A high percentage of insider ownership can be a sign of company health.

    • Percentage Held by Institutions

      63.38% of the stock of Altair Engineering is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

    • Read more about Altair Engineering's insider trading history.
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    ALTR Stock Analysis - Frequently Asked Questions

    Altair Engineering Inc. (NASDAQ:ALTR) issued its quarterly earnings data on Thursday, February, 20th. The software reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.51 by $0.15. The software had revenue of $192.63 million for the quarter, compared to analysts' expectations of $182.98 million. Altair Engineering had a net margin of 2.13% and a trailing twelve-month return on equity of 8.08%.

    Altair Engineering subsidiaries include these companies: Concept Engineering, Gen3D, Powersim, World Programming Ltd, S-FRAME Software Inc, M-Base, Univa, and others.

    Altair Engineering (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.

    Based on aggregate information from My MarketBeat watchlists, some other companies that Altair Engineering investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AU Optronics (AUOTY) and Triple Flag Precious Metals (TFPM).

    Company Calendar

    Last Earnings
    2/20/2025
    Today
    8/02/2025
    Fiscal Year End
    12/31/2025

    Industry, Sector and Symbol

    Stock Exchange
    NASDAQ
    Industry
    Prepackaged software
    Sub-Industry
    Semiconductors
    Current Symbol
    NASDAQ:ALTR
    CIK
    1701732
    Employees
    3,000
    Year Founded
    1985

    Price Target and Rating

    High Price Target
    $113.00
    Low Price Target
    $100.00
    Potential Upside/Downside
    -1.9%
    Consensus Rating
    Hold
    Rating Score (0-4)
    2.00
    Research Coverage
    6 Analysts

    Profitability

    EPS (Trailing Twelve Months)
    $0.17
    Trailing P/E Ratio
    657.94
    Forward P/E Ratio
    128.56
    P/E Growth
    10.75
    Net Income
    $14.18 million
    Net Margins
    2.13%
    Pretax Margin
    4.90%
    Return on Equity
    8.08%
    Return on Assets
    4.74%

    Debt

    Debt-to-Equity Ratio
    N/A
    Current Ratio
    1.61
    Quick Ratio
    1.61

    Sales & Book Value

    Annual Sales
    $665.79 million
    Price / Sales
    14.41
    Cash Flow
    $1.24 per share
    Price / Cash Flow
    90.15
    Book Value
    $10.07 per share
    Price / Book
    11.11

    Miscellaneous

    Outstanding Shares
    85,795,000
    Free Float
    66,576,000
    Market Cap
    $9.60 billion
    Optionable
    Optionable
    Beta
    1.45

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    This page (NASDAQ:ALTR) was last updated on 8/2/2025 by MarketBeat.com Staff
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