U.S. markets closed

Altair Engineering Inc. (ALTR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
65.49+0.02 (+0.03%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Williams %R

Williams %R

Previous Close65.47
Open65.53
Bid34.56 x 800
Ask69.90 x 800
Day's Range65.38 - 65.83
52 Week Range35.86 - 69.00
Volume95,176
Avg. Volume278,515
Market Cap4.921B
Beta (5Y Monthly)1.50
PE Ratio (TTM)N/A
EPS (TTM)-0.03
Earnings DateAug 04, 2021 - Aug 09, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est70.60
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Jim F. Anderson Joins Altair Board of Directors
    GlobeNewswire

    Jim F. Anderson Joins Altair Board of Directors

    Jim F. Anderson Jim F. Anderson elected to Altair's board of directors TROY, Mich., June 03, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI) announced that Jim F. Anderson was elected to Altair’s board of directors at the June 2, 2021 annual stockholder meeting. “Jim’s passion around building sales channels, combined with his technical and business acumen, make him a

  • Altair to Virtually Present at the Berenberg 2021 Design Software Conference
    GlobeNewswire

    Altair to Virtually Present at the Berenberg 2021 Design Software Conference

    TROY, Mich., June 01, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI), announced today that James Scapa, chairman and chief executive officer, and Matt Brown, chief financial officer, will virtually present via fireside chat format at the Berenberg 2021 Design Software Conference on Tuesday, June 15, 2021 at 10 a.m. EDT / 3 p.m. BST. A live webcast, as we

  • Altair Outlook Positive After Investor Day
    TipRanks

    Altair Outlook Positive After Investor Day

    Software and cloud solutions company Altair Engineering Inc. (ALTR) held its annual investor day on May 27th and had its executive team layout multi-year targets, data for growth, and rebranding strategies. (See ALTR stock analysis on TipRanks) Following the event, Kenneth Wong of Guggenheim Partners published a report providing details of the investor day updates. He explained that the company did not change its EBITDA margin growth targets from its 2019 Investor Day, but that the company expects to see those margins expand by 2023. Wong reiterated a Hold rating on the stock but did not assign a price target. In the report, Wong stated that “Management maintained a cautiously optimistic stance as the company moves past the pandemic and expects software revenue to drive the majority of growth.” The company’s total addressable market includes data analytics and AI, high-performance computing (HPC) and cloud, and simulation solutions. With regards to growth, Wong added that the CEO of Altair noted that large future acquisitions would not dilute the EBITDA margin target and would only add to revenue expansion. Altair also intends to rebrand itself as more of a cohesive umbrella corporation for its smaller subsidiaries, rather than a “house of brands.” The company wishes to be more inclusive of customers during corporate events, and increase brand awareness in general. Consensus among analysts on TipRanks is a Moderate Buy based on 2 Buys and 3 Holds. The average analyst price target of $67.67 suggests that ALTR shares are fully priced at current levels. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.