Logo image of ALTR

ALTAIR ENGINEERING INC - A (ALTR) Stock Price, Quote, News and Overview

NASDAQ:ALTR - Nasdaq - US0213691035 - Common Stock - Currency: USD

111.85  +0.16 (+0.14%)

After market: 112.71 +0.86 (+0.77%)

ALTR Quote, Performance and Key Statistics

ALTAIR ENGINEERING INC - A

NASDAQ:ALTR (3/25/2025, 8:00:01 PM)

After market: 112.71 +0.86 (+0.77%)

111.85

+0.16 (+0.14%)

Sector
GICS SectorInformation Technology
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software
Statistics
52 Week High113.12
52 Week Low75.71
Market Cap9.60B
Shares85.79M
Float58.79M
Yearly DividendN/A
Dividend YieldN/A
PE84.73
Fwd PE81.56
Earnings (Next)04-30 2025-04-30/amc
IPO11-01 2017-11-01


ALTR short term performance overview.The bars show the price performance of ALTR in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15

ALTR long term performance overview.The bars show the price performance of ALTR in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60

The current stock price of ALTR is 111.85 USD. In the past month the price increased by 0.25%. In the past year, price increased by 29.83%.

ALTAIR ENGINEERING INC - A / ALTR Daily stock chart

ALTR Competitors/Peers

The largest stocks on the US markets in the "Application Software" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
SAP SAP SE-SPONSORED ADR 49.23 295.20B
CRM SALESFORCE INC 23.88 233.83B
PLTR PALANTIR TECHNOLOGIES INC-A 231.41 222.43B
INTU INTUIT INC 32.98 163.12B
ADBE ADOBE INC 18.48 149.82B
MSTR MICROSTRATEGY INC-CL A N/A 92.07B
APP APPLOVIN CORP-CLASS A 52.44 80.93B
CDNS CADENCE DESIGN SYS INC 43.56 71.34B
SNPS SYNOPSYS INC 32.25 64.13B
ROP ROPER TECHNOLOGIES INC 30.09 59.19B
WDAY WORKDAY INC-CLASS A 30.19 58.63B
ADSK AUTODESK INC 30.95 55.91B

About ALTR

Company Profile

ALTR logo image Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 3,300 full-time employees. The company went IPO on 2017-11-01. The company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The company operates through two segments: Software and Client Engineering Services. Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. Its solution, FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sectors. The company also offers strategic consulting and training in AI and data analytics.

Company Info

ALTAIR ENGINEERING INC - A

1820 E Big Beaver Rd

Troy MICHIGAN 48083 US

CEO: James R. Scapa

Employees: 3400

Company Website: https://www.altair.com/

Investor Relations: https://investor.altair.com/

Phone: 12486142400

ALTAIR ENGINEERING INC - A / ALTR FAQ

What is the stock price of ALTAIR ENGINEERING INC - A today?

The current stock price of ALTR is 111.85 USD. The price increased by 0.14% in the last trading session.


What is the ticker symbol for ALTAIR ENGINEERING INC - A stock?

The exchange symbol of ALTAIR ENGINEERING INC - A is ALTR and it is listed on the Nasdaq exchange.


On which exchange is ALTR stock listed?

ALTR stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for ALTAIR ENGINEERING INC - A stock?

12 analysts have analysed ALTR and the average price target is 110.7 USD. This implies a price decrease of -1.03% is expected in the next year compared to the current price of 111.85. Check the ALTAIR ENGINEERING INC - A stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is ALTAIR ENGINEERING INC - A worth?

ALTAIR ENGINEERING INC - A (ALTR) has a market capitalization of 9.60B USD. This makes ALTR a Mid Cap stock.


How many employees does ALTAIR ENGINEERING INC - A have?

ALTAIR ENGINEERING INC - A (ALTR) currently has 3400 employees.


What are the support and resistance levels for ALTAIR ENGINEERING INC - A (ALTR) stock?

ALTAIR ENGINEERING INC - A (ALTR) has a support level at 111.51 and a resistance level at 111.86. Check the full technical report for a detailed analysis of ALTR support and resistance levels.


Is ALTAIR ENGINEERING INC - A (ALTR) expected to grow?

The Revenue of ALTAIR ENGINEERING INC - A (ALTR) is expected to grow by 9.17% in the next year. Check the estimates tab for more information on the ALTR EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy ALTAIR ENGINEERING INC - A (ALTR) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does ALTAIR ENGINEERING INC - A (ALTR) stock pay dividends?

ALTR does not pay a dividend.


When does ALTAIR ENGINEERING INC - A (ALTR) report earnings?

ALTAIR ENGINEERING INC - A (ALTR) will report earnings on 2025-04-30, after the market close.


What is the Price/Earnings (PE) ratio of ALTAIR ENGINEERING INC - A (ALTR)?

The PE ratio for ALTAIR ENGINEERING INC - A (ALTR) is 84.73. This is based on the reported non-GAAP earnings per share of 1.32 and the current share price of 111.85 USD. Check the full fundamental report for a full analysis of the valuation metrics for ALTR.


What is the Short Interest ratio of ALTAIR ENGINEERING INC - A (ALTR) stock?

The outstanding short interest for ALTAIR ENGINEERING INC - A (ALTR) is 8.38% of its float. Check the ownership tab for more information on the ALTR short interest.


ALTR Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to ALTR. When comparing the yearly performance of all stocks, ALTR is one of the better performing stocks in the market, outperforming 92.48% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

ALTR Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to ALTR. ALTR is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

ALTR Financial Highlights

Over the last trailing twelve months ALTR reported a non-GAAP Earnings per Share(EPS) of 1.32. The EPS increased by 18.92% compared to the year before.


Industry RankSector Rank
PM (TTM) 2.13%
ROA 0.98%
ROE 1.65%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%13.04%
Sales Q2Q%4.59%
EPS 1Y (TTM)18.92%
Revenue 1Y (TTM)8.66%

ALTR Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 52% to ALTR. The Buy consensus is the average rating of analysts ratings from 12 analysts.

For the next year, analysts expect an EPS growth of 3.89% and a revenue growth 9.17% for ALTR


Ownership
Inst Owners96.66%
Ins Owners2.18%
Short Float %8.38%
Short Ratio6.36
Analysts
Analysts51.67
Price Target110.7 (-1.03%)
EPS Next Y3.89%
Revenue Next Year9.17%