Altair Engineering Inc. NASDAQ:ALTR

Founder-led company

Altair Engineering stock price today

$111.85
+2.83
+2.61%
Financial Health
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Altair Engineering stock price monthly change

+8.74%
month

Altair Engineering stock price quarterly change

+8.74%
quarter

Altair Engineering stock price yearly change

+29.40%
year

Altair Engineering key metrics

Market Cap
9.31B
Enterprise value
5.69B
P/E
-128.42
EV/Sales
9.94
EV/EBITDA
487.92
Price/Sales
9.90
Price/Book
9.95
PEG ratio
0.35
EPS
0.10
Revenue
619.57M
EBITDA
69.66M
Income
9.58M
Revenue Q/Q
4.14%
Revenue Y/Y
7.10%
Profit margin
-7.59%
Oper. margin
-1.21%
Gross margin
78.52%
EBIT margin
-1.21%
EBITDA margin
11.24%
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Altair Engineering stock price history

Altair Engineering stock forecast

Altair Engineering financial statements

Average Price Target
Last Year

$113

Potential upside: 1.02%

Based on estimate of 1 analysts
  • Analysts Price target

  • Financials & Ratios estimates

Altair Engineering Inc. (NASDAQ:ALTR): Profit margin
Jun 2023 141.16M -22.28M -15.78%
Sep 2023 134.00M -4.36M -3.26%
Dec 2023 171.50M 19.67M 11.47%
Mar 2024 172.91M 16.54M 9.57%
Altair Engineering Inc. (NASDAQ:ALTR): Debt to assets
Jun 2023 1255807000 635.59M 50.61%
Sep 2023 1251991000 617.87M 49.35%
Dec 2023 1363493000 652.16M 47.83%
Mar 2024 1379911000 616.98M 44.71%
Altair Engineering Inc. (NASDAQ:ALTR): Cash Flow
Jun 2023 30.03M -5.22M 15.54M
Sep 2023 16.42M -5.21M 3.96M
Dec 2023 21.65M -2.28M 12.79M
Mar 2024 73.45M -2.76M 22.02M

Altair Engineering alternative data

Altair Engineering Inc. (NASDAQ:ALTR): Employee count
Aug 2023 3,200
Sep 2023 3,200
Oct 2023 3,200
Nov 2023 3,200
Dec 2023 3,200
Jan 2024 3,200
Feb 2024 3,200
Mar 2024 3,400
Apr 2024 3,400
May 2024 3,400
Jun 2024 3,400
Jul 2024 3,400

Altair Engineering other data

63.96% -1.33%
of ALTR is owned by hedge funds
48.72M -736.19K
shares is hold by hedge funds

Altair Engineering Inc. (NASDAQ:ALTR): Insider trades (number of shares)
Period Buy Sel
Jan 2024 0 217096
Mar 2024 0 226060
Apr 2024 0 26186
May 2024 0 418504
Jun 2024 0 22599
Aug 2024 0 13000
Sep 2024 0 120216
Oct 2024 0 526229
Nov 2024 0 22423
Dec 2024 0 40941
Transaction Date Insider Security Shares Price per share Total value Source
Sale
BROWN MATTHEW CHARLES officer: Chief Financial Officer
Class A Common Stock 1,048 $108.9 $114,127
Option
BUCKNER STEPHANIE officer: Chief Operating Officer
Class A Common Stock 1,800 N/A N/A
Option
BUCKNER STEPHANIE officer: Chief Operating Officer
Stock Option (Right to Buy) 1,800 $39.82 $71,676
Option
DIAS NELSON officer: Chief Revenue Officer
Class A Common Stock 22,500 N/A N/A
Sale
DIAS NELSON officer: Chief Revenue Officer
Class A Common Stock 22,500 $106.23 $2,390,085
Option
DIAS NELSON officer: Chief Revenue Officer
Stock Option (Right to Buy) 22,500 $39.82 $895,950
Sale
SRIKANTH MAHALINGAM officer: Chief Technology Officer
Class A Common Stock 1,298 $105.65 $137,134
Sale
SCAPA JAMES RALPH director, 10 percent owner, off..
Class A Common Stock 16,095 $105.65 $1,700,437
Sale
SCAPA JAMES RALPH director, 10 percent owner, off..
Class A Common Stock 6,500 $105.69 $686,985
Sale
JRS INVESTMENTS LLC 10 percent owner
Class A Common Stock 6,500 $105.69 $686,985
Patent
Application
Filling date: 20 Apr 2020 Issue date: 16 Jun 2022
Grant
Filling date: 19 Jan 2021 Issue date: 17 May 2022
Grant
Filling date: 13 May 2020 Issue date: 22 Feb 2022
Grant
Filling date: 19 Oct 2020 Issue date: 16 Nov 2021
Application
Filling date: 22 Jul 2021 Issue date: 11 Nov 2021
Application
Filling date: 4 May 2021 Issue date: 2 Sep 2021
Grant
Filling date: 10 Jul 2019 Issue date: 24 Aug 2021
Application
Filling date: 12 Apr 2021 Issue date: 29 Jul 2021
Application
Filling date: 11 Feb 2021 Issue date: 29 Jul 2021
Application
Filling date: 19 Jan 2021 Issue date: 17 Jun 2021
Saturday, 28 December 2024
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  • What's the price of Altair Engineering stock today?

    One share of Altair Engineering stock can currently be purchased for approximately $111.85.

  • When is Altair Engineering's next earnings date?

    Unfortunately, Altair Engineering's (ALTR) next earnings date is currently unknown.

  • Does Altair Engineering pay dividends?

    No, Altair Engineering does not pay dividends.

  • How much money does Altair Engineering make?

    Altair Engineering has a market capitalization of 9.31B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7.07% to 612.7M US dollars.

  • What is Altair Engineering's stock symbol?

    Altair Engineering Inc. is traded on the NASDAQ under the ticker symbol "ALTR".

  • What is Altair Engineering's primary industry?

    Company operates in the Technology sector and Software - Infrastructure industry.

  • How do i buy shares of Altair Engineering?

    Shares of Altair Engineering can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

  • Who are Altair Engineering's key executives?

    Altair Engineering's management team includes the following people:

    • Mr. James R. Scapa Founder, Chairman & Chief Executive Officer(age: 68, pay: $1,130,000)
    • Dr. Uwe Schramm Chief Technical Officer of Solvers & Optimization(age: 67, pay: $385,040)
    • Ms. Amy Messano Chief Marketing Officer(age: 54, pay: $376,740)
    • Ms. Gilma Saravia Chief People Officer(age: 50, pay: $374,910)
  • Is Altair Engineering founder-led company?

    Yes, Altair Engineering is a company led by its founder Mr. James R. Scapa.

  • How many employees does Altair Engineering have?

    As Jul 2024, Altair Engineering employs 3,400 workers.

  • When Altair Engineering went public?

    Altair Engineering Inc. is publicly traded company for more then 7 years since IPO on 1 Nov 2017.

  • What is Altair Engineering's official website?

    The official website for Altair Engineering is altair.com.

  • Where are Altair Engineering's headquarters?

    Altair Engineering is headquartered at 1820 East Big Beaver Road, Troy, MI.

  • How can i contact Altair Engineering?

    Altair Engineering's mailing address is 1820 East Big Beaver Road, Troy, MI and company can be reached via phone at +248 6 142 400.

  • What is Altair Engineering stock forecast & price target?

    Based on 1 Wall Street analysts` predicted price targets for Altair Engineering in the last 12 months, the avarage price target is $113. The average price target represents a 1.02% change from the last price of $111.85.

Altair Engineering company profile:

Altair Engineering Inc.

altair.com
Exchange:

NASDAQ

Full time employees:

3,400

Industry:

Software - Infrastructure

Sector:

Technology

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also offers software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent light tubes with LED lamps. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company's customers include universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.

1820 East Big Beaver Road
Troy, MI 48083

CIK: 0001701732
ISIN: US0213691035
CUSIP: 021369103