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Altair Engineering (ALTR) Competitors

$87.67
+0.50 (+0.57%)
(As of 07/26/2024 ET)

ALTR vs. VERX, SAIL, VRNS, TENB, ACIW, FSLR, SWKS, LSCC, MTSI, and CRUS

Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Vertex (VERX), SailPoint Technologies (SAIL), Varonis Systems (VRNS), Tenable (TENB), ACI Worldwide (ACIW), First Solar (FSLR), Skyworks Solutions (SWKS), Lattice Semiconductor (LSCC), MACOM Technology Solutions (MTSI), and Cirrus Logic (CRUS).

Altair Engineering vs.

Vertex (NASDAQ:VERX) and Altair Engineering (NASDAQ:ALTR) are both mid-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, profitability, valuation, institutional ownership, dividends, risk, media sentiment, analyst recommendations and earnings.

59.1% of Vertex shares are held by institutional investors. Comparatively, 63.4% of Altair Engineering shares are held by institutional investors. 45.0% of Vertex shares are held by company insiders. Comparatively, 21.8% of Altair Engineering shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Altair Engineering has a net margin of 1.55% compared to Altair Engineering's net margin of 1.29%. Altair Engineering's return on equity of 18.67% beat Vertex's return on equity.

Company Net Margins Return on Equity Return on Assets
Vertex1.29% 18.67% 5.98%
Altair Engineering 1.55%5.60%2.91%

Altair Engineering has higher revenue and earnings than Vertex. Vertex is trading at a lower price-to-earnings ratio than Altair Engineering, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vertex$596.42M10.11-$13.09M$0.04972.00
Altair Engineering$612.70M11.88-$8.93M$0.09974.11

Vertex has a beta of 0.69, meaning that its stock price is 31% less volatile than the S&P 500. Comparatively, Altair Engineering has a beta of 1.48, meaning that its stock price is 48% more volatile than the S&P 500.

In the previous week, Vertex had 9 more articles in the media than Altair Engineering. MarketBeat recorded 18 mentions for Vertex and 9 mentions for Altair Engineering. Vertex's average media sentiment score of 0.93 beat Altair Engineering's score of 0.51 indicating that Altair Engineering is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Vertex
4 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Altair Engineering
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Altair Engineering received 532 more outperform votes than Vertex when rated by MarketBeat users. Likewise, 58.55% of users gave Altair Engineering an outperform vote while only 41.25% of users gave Vertex an outperform vote.

CompanyUnderperformOutperform
VertexOutperform Votes
33
41.25%
Underperform Votes
47
58.75%
Altair EngineeringOutperform Votes
565
58.55%
Underperform Votes
400
41.45%

Vertex presently has a consensus price target of $36.80, suggesting a potential downside of 5.35%. Altair Engineering has a consensus price target of $94.60, suggesting a potential upside of 7.90%. Given Vertex's higher possible upside, analysts plainly believe Altair Engineering is more favorable than Vertex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vertex
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75
Altair Engineering
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

Altair Engineering beats Vertex on 12 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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ALTR vs. The Competition

MetricAltair EngineeringPrepackaged software IndustryConstruction SectorNASDAQ Exchange
Market Cap$7.28B$22.81B$9.22B$8.21B
Dividend YieldN/A2.04%1.88%3.96%
P/E Ratio974.1165.7522.2117.08
Price / Sales11.888.873.2685.60
Price / Cash113.1568.7716.5434.13
Price / Book10.119.525.434.51
Net Income-$8.93M$374.40M$519.48M$216.35M
7 Day Performance-2.30%2.43%2.24%1.76%
1 Month Performance-10.99%5.63%8.14%7.85%
1 Year Performance19.82%3.37%27.85%3.02%

Altair Engineering Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VERX
Vertex
1.339 of 5 stars
1.34 / 5 stars
$37.73
-5.7%
$36.80
-2.5%
+91.8%$6.21B$572.39M943.251,500Analyst Forecast
Insider Selling
Short Interest ↑
News Coverage
SAIL
SailPoint Technologies
0 of 5 stars
0.00 / 5 stars
$65.24
flat
N/AN/A$6.19B$438.95M-67.261,676News Coverage
VRNS
Varonis Systems
3.0481 of 5 stars
3.05 / 5 stars
$46.66
-1.7%
$50.44
+8.1%
+76.8%$5.29B$499.16M-49.642,233Upcoming Earnings
Analyst Forecast
News Coverage
TENB
Tenable
3.9918 of 5 stars
3.99 / 5 stars
$42.66
-3.4%
$57.40
+34.6%
-10.4%$5.25B$798.71M-73.551,999Upcoming Earnings
News Coverage
ACIW
ACI Worldwide
1.6437 of 5 stars
1.64 / 5 stars
$41.49
-2.7%
$40.00
-3.6%
+84.2%$4.50B$1.45B30.963,212Upcoming Earnings
Analyst Upgrade
Short Interest ↑
News Coverage
FSLR
First Solar
4.9153 of 5 stars
4.92 / 5 stars
$221.33
-0.8%
$273.96
+23.8%
+14.9%$23.69B$3.32B23.206,700Upcoming Earnings
Gap Up
SWKS
Skyworks Solutions
4.4492 of 5 stars
4.45 / 5 stars
$113.65
-3.3%
$107.14
-5.7%
+3.1%$18.85B$4.77B21.369,750Upcoming Earnings
Positive News
Gap Up
LSCC
Lattice Semiconductor
4.1676 of 5 stars
4.17 / 5 stars
$54.87
-4.0%
$82.09
+49.6%
-35.2%$7.55B$737.15M35.171,156Upcoming Earnings
Analyst Upgrade
Gap Up
MTSI
MACOM Technology Solutions
4.4285 of 5 stars
4.43 / 5 stars
$101.59
-4.6%
$113.00
+11.2%
+47.9%$7.33B$648.41M115.441,500Upcoming Earnings
Insider Selling
Analyst Revision
News Coverage
Gap Up
CRUS
Cirrus Logic
4.672 of 5 stars
4.67 / 5 stars
$129.95
-5.6%
$128.57
-1.1%
+65.3%$6.95B$1.79B26.361,625Analyst Downgrade
Short Interest ↓
Positive News
Gap Up

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This page (NASDAQ:ALTR) was last updated on 7/27/2024 by MarketBeat.com Staff

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