S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack

Altair Engineering (ALTR) Competitors

$85.68
+0.60 (+0.71%)
(As of 03/1/2024 ET)

ALTR vs. AYI, UFPI, AAON, KBR, AZEK, THO, FLR, SSD, EXP, and IBP

Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Acuity Brands (AYI), UFP Industries (UFPI), AAON (AAON), KBR (KBR), AZEK (AZEK), THOR Industries (THO), Fluor (FLR), Simpson Manufacturing (SSD), Eagle Materials (EXP), and Installed Building Products (IBP). These companies are all part of the "construction" sector.

Altair Engineering vs.

Altair Engineering (NASDAQ:ALTR) and Acuity Brands (NYSE:AYI) are both mid-cap construction companies, but which is the superior stock? We will compare the two companies based on the strength of their community ranking, valuation, analyst recommendations, media sentiment, earnings, risk, dividends, profitability and institutional ownership.

Altair Engineering pays an annual dividend of $0.72 per share and has a dividend yield of 0.8%. Acuity Brands pays an annual dividend of $0.60 per share and has a dividend yield of 0.2%. Altair Engineering pays out -553.8% of its earnings in the form of a dividend. Acuity Brands pays out 5.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Altair Engineering is clearly the better dividend stock, given its higher yield and lower payout ratio.

Altair Engineering currently has a consensus target price of $84.14, suggesting a potential downside of 1.79%. Acuity Brands has a consensus target price of $193.80, suggesting a potential downside of 22.98%. Given Altair Engineering's stronger consensus rating and higher probable upside, equities analysts plainly believe Altair Engineering is more favorable than Acuity Brands.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Altair Engineering
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Acuity Brands
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

Altair Engineering has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500. Comparatively, Acuity Brands has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500.

Acuity Brands has a net margin of 9.56% compared to Altair Engineering's net margin of -1.46%. Acuity Brands' return on equity of 21.43% beat Altair Engineering's return on equity.

Company Net Margins Return on Equity Return on Assets
Altair Engineering-1.46% 3.77% 1.90%
Acuity Brands 9.56%21.43%12.51%

Acuity Brands received 135 more outperform votes than Altair Engineering when rated by MarketBeat users. Likewise, 68.13% of users gave Acuity Brands an outperform vote while only 58.60% of users gave Altair Engineering an outperform vote.

CompanyUnderperformOutperform
Altair EngineeringOutperform Votes
562
58.60%
Underperform Votes
397
41.40%
Acuity BrandsOutperform Votes
697
68.13%
Underperform Votes
326
31.87%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Altair Engineering$612.70M11.54-$8.93M-$0.13-659.08
Acuity Brands$3.95B1.96$346M$11.6921.52

63.4% of Altair Engineering shares are held by institutional investors. Comparatively, 95.6% of Acuity Brands shares are held by institutional investors. 22.2% of Altair Engineering shares are held by insiders. Comparatively, 1.5% of Acuity Brands shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, Altair Engineering had 8 more articles in the media than Acuity Brands. MarketBeat recorded 15 mentions for Altair Engineering and 7 mentions for Acuity Brands. Acuity Brands' average media sentiment score of 1.15 beat Altair Engineering's score of 0.44 indicating that Acuity Brands is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Altair Engineering
5 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Acuity Brands
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Acuity Brands beats Altair Engineering on 12 of the 20 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$7.07B$22.48B$8.48B$7.63B
Dividend YieldN/A1.93%1.98%3.87%
P/E Ratio-659.08101.7318.7714.90
Price / Sales11.548.7218.2980.43
Price / Cash109.9560.8116.1955.35
Price / Book9.9411.485.284.54
Net Income-$8.93M$334.92M$504.39M$211.55M
7 Day Performance0.19%3.74%3.38%3.36%
1 Month Performance-2.26%8.35%8.08%6.68%
1 Year Performance31.43%13.74%31.76%8.85%

Altair Engineering Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AYI
Acuity Brands
3.9927 of 5 stars
$239.83
-0.1%
$193.80
-19.2%
+30.3%$7.39B$3.95B20.5212,200Short Interest ↓
Positive News
UFPI
UFP Industries
4.177 of 5 stars
$110.06
-7.2%
$108.60
-1.3%
+35.5%$6.79B$9.63B12.8915,500Positive News
High Trading Volume
AAON
AAON
0.3236 of 5 stars
$81.75
-3.0%
$51.11
-37.5%
+106.8%$6.71B$888.79M39.943,666Earnings Report
Short Interest ↑
Analyst Revision
KBR
KBR
2.5761 of 5 stars
$57.47
+3.9%
$67.71
+17.8%
+8.7%$7.76B$6.56B-36.3730,000Gap Down
High Trading Volume
AZEK
AZEK
2.8379 of 5 stars
$44.59
-0.9%
$39.72
-10.9%
+106.2%$6.59B$1.37B56.442,236
THO
THOR Industries
3.7055 of 5 stars
$119.98
+0.4%
$100.00
-16.7%
+40.8%$6.40B$11.12B22.1824,900Upcoming Earnings
FLR
Fluor
3.5933 of 5 stars
$36.72
-12.8%
$42.20
+14.9%
-2.6%$6.26B$13.74B54.8139,576Short Interest ↑
High Trading Volume
SSD
Simpson Manufacturing
3.0358 of 5 stars
$192.95
-0.4%
$190.00
-1.5%
+93.0%$8.23B$2.21B23.365,158Positive News
EXP
Eagle Materials
4.042 of 5 stars
$242.11
-1.8%
$222.00
-8.3%
+78.8%$8.34B$2.15B17.092,400Analyst Downgrade
Insider Selling
Short Interest ↑
IBP
Installed Building Products
4.4838 of 5 stars
$206.11
-0.2%
$173.33
-15.9%
+105.4%$5.91B$2.67B23.5810,300Analyst Downgrade
Short Interest ↑

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This page (NASDAQ:ALTR) was last updated on 3/2/2024 by MarketBeat.com Staff