ALTR vs. SUM, MTZ, FLR, AZEK, UFPI, CHX, SSD, AAON, TMHC, and AYI
Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Summit Materials (SUM), MasTec (MTZ), Fluor (FLR), AZEK (AZEK), UFP Industries (UFPI), ChampionX (CHX), Simpson Manufacturing (SSD), AAON (AAON), Taylor Morrison Home (TMHC), and Acuity Brands (AYI). These companies are all part of the "construction" sector.
Altair Engineering (NASDAQ:ALTR) and Summit Materials (NYSE:SUM) are both mid-cap construction companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation, risk, media sentiment and community ranking.
63.4% of Altair Engineering shares are held by institutional investors. 21.8% of Altair Engineering shares are held by company insiders. Comparatively, 0.6% of Summit Materials shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
In the previous week, Summit Materials had 7 more articles in the media than Altair Engineering. MarketBeat recorded 12 mentions for Summit Materials and 5 mentions for Altair Engineering. Altair Engineering's average media sentiment score of 0.91 beat Summit Materials' score of 0.51 indicating that Altair Engineering is being referred to more favorably in the media.
Altair Engineering has a beta of 1.42, meaning that its stock price is 42% more volatile than the S&P 500. Comparatively, Summit Materials has a beta of 1.32, meaning that its stock price is 32% more volatile than the S&P 500.
Altair Engineering currently has a consensus target price of $90.00, suggesting a potential upside of 7.68%. Summit Materials has a consensus target price of $46.09, suggesting a potential upside of 15.23%. Given Summit Materials' stronger consensus rating and higher possible upside, analysts plainly believe Summit Materials is more favorable than Altair Engineering.
Altair Engineering received 154 more outperform votes than Summit Materials when rated by MarketBeat users. However, 62.50% of users gave Summit Materials an outperform vote while only 58.63% of users gave Altair Engineering an outperform vote.
Summit Materials has a net margin of 10.91% compared to Altair Engineering's net margin of -1.46%. Summit Materials' return on equity of 8.73% beat Altair Engineering's return on equity.
Summit Materials has higher revenue and earnings than Altair Engineering. Altair Engineering is trading at a lower price-to-earnings ratio than Summit Materials, indicating that it is currently the more affordable of the two stocks.
Summary
Summit Materials beats Altair Engineering on 12 of the 18 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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