NASDAQ : ALTR

Altair Engineering Inc.

$111.85 USD

$0 (0.0%)

Volume
888.81K
Average Volume
790.48K
Market Capitalization
$9.63B
P/E Ratio
657.94
Dividend Yield
0.00%
Price Target
$106.50
Year High
$113.12
Year Low
$75.71
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$1.61

Industry, Sector & symbol

Stock Exchange NASDAQ
CEO James R. Scapa
Industry Software - Infrastructure
Sector Technology
Current Symbol ALTR
CUSIP 021369103
CIK 0001701732
Web https://www.altair.com
Phone 248 614 2400
Currency USD
Employees 3500
Country US

Liquidity

Debt-to-Equity Ratio 0.30
Payout Ratio 0.00
Current Ratio 1.61
Quick Ratio 1.61
Cash Ratio 1.15

Sales & Book Value

Annual Sales $665.79M
Price / Sales 14.47
Cash Flow 1.66
Price / Cash Flow 68.81
Price / Book 10.97

Price Target and Rating

Average Stock Price Forecast $106.50
High Stock Price Forecast $113.00
Low Stock Price Forecast $100.00
Forecast Upside/Downside 5.02%
Consensus Rating N/A
Rating Score(0-5) 0
Research Coverage 39 Analysts

Profitability

EPS (Most Recent Fiscal Year) $0.17
Trailing P/E Ratio 657.94
PEG Ratio 1.88
P/E Growth 1.88
Net Income $14.18M
Net Margin 2.13%
Pretax Margin 4.90%
Return on Equity 1.81%
Return on Assets 0.98%

Financials Score

AltmanZ Score 10.50
Piotroski Score 5.00
Working Capital 297.21M
Total Assets 1.45B
Ebit 34.65M
Market Cap 9.63B
Total Liabilities 588.46M

Poll Results

About Altair Engineering Inc. (NASDAQ:ALTR) Stock

Altair Engineering Inc., along with its affiliates, delivers cutting-edge software and cloud-based solutions globally, spanning critical domains such as simulation, high-performance computing (HPC), data analytics, and artificial intelligence. The company operates through two primary divisions: Software Segment: This segment encompasses a wide array of products, including advanced solvers and optimization technologies, HPC software applications complemented by hardware, intuitive modeling and visualization tools, comprehensive data analytics platforms, and an Internet of Things (IoT) platform with integrated analytics capabilities. It also features specialized software for computational fluid dynamics (CFD), fatigue analysis, manufacturing process simulation, and cost estimation, catering ... to diverse sectors like marine, motorcycle, aerospace, chemical, and architecture. Beyond products, it offers expert software-related services such as consulting, implementation, and training, applying deep product design and development expertise from component-level analysis to complete product engineering across the entire lifecycle. Client Engineering Services Segment: This division focuses on providing direct engineering support to clients. Furthermore, Altair develops and markets solid-state lighting technology, specifically LED lamps designed to directly replace fluorescent tubes, utilizing its proprietary communication and control protocols. Its sophisticated, integrated software suite empowers users to optimize design performance across multiple engineering disciplines, including structural integrity, motion dynamics, fluid dynamics, thermal management, electromagnetics, system modeling, and embedded systems. Altair serves a broad and varied customer base, which includes academic institutions, governmental bodies, manufacturing enterprises, pharmaceutical companies, financial services firms (banking, finance, insurance), meteorological agencies, and electronics design companies. Founded in 1985, Altair Engineering Inc. maintains its corporate headquarters in Troy, Michigan.

Frequently Asked Questions

What is the current Altair Engineering Inc. (ALTR) stock price?

Altair Engineering Inc.(NASDAQ:ALTR) stock price is $111.85 in the last trading session. During the trading session, ALTR stock reached the peak price of $113.12 while $75.71 was the lowest point it dropped to. The percentage change in ALTR stock occurred in the recent session was 0.0% while the dollar amount for the price change in ALTR stock was $0.

ALTR's industry and sector of operation?

The NASDAQ listed ALTR is part of Software - Infrastructure industry that operates in the broader Technology sector.

Who are the executives of ALTR?

Nelson Dias | Chief Revenue Officer
Stephanie Buckner | Chief Operating Officer
James R. Scapa | Founder, Chairman & Chief Executive Officer
Srikanth Mahalingam | Chief Technology Officer
Gilma Saravia | Chief People Officer

How many employees does ALTR have?

Number of ALTR employees currently stands at 3500. ALTR operates from 1820 East Big Beaver Road, Troy, MI 48083, US.

Link for ALTR official website?

Official Website of ALTR is: https://www.altair.com

How do I contact ALTR?

ALTR could be contacted at phone #248 614 2400 and can also be accessed through its website. ALTR operates from 1820 East Big Beaver Road, Troy, MI 48083, US.

How many shares of ALTR are traded daily?

The average number of ALTR shares traded daily for last 3 months was 790.48K.

What is the market cap of ALTR currently?

The market value of ALTR currently stands at $9.63B with its latest stock price at $111.85