ALTR:NSD-Altair Engineering Inc (USD)

COMMON STOCK | Software - Application |

Last Closing

USD 111.35

Change

0.00 (0.00)%

Market Cap

USD 9.54B

Volume

0.53M

Analyst Target

USD 43.60
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 in the United States and internationally. It operates through two segments, Software and Client Engineering Services. The Software segment offers 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 provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, 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 develops and sells solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. 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 serves 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-03-15 )

Largest Industry Peers for Software - Application

Symbol Name Price(Change) Market Cap
ADBE Adobe Systems Incorporated

N/A

USD 190.91B
INTU Intuit Inc

N/A

USD 168.37B
ADP Automatic Data Processing Inc

N/A

USD 126.93B
APP Applovin Corp

N/A

USD 110.74B
TEAM Atlassian Corp Plc

N/A

USD 74.48B
CDNS Cadence Design Systems Inc

N/A

USD 68.66B
WDAY Workday Inc

N/A

USD 67.13B
MSTR MicroStrategy Incorporated

N/A

USD 66.48B
ADSK Autodesk Inc

N/A

USD 61.42B
PAYX Paychex Inc

N/A

USD 53.47B

ETFs Containing ALTR

XSW SPDR® S&P Software & Ser.. 0.95 % 0.35 %

N/A

USD 0.45B
MARB First Trust Vivaldi Merge.. 0.00 % 0.00 %

N/A

USD 0.03B

Market Performance

  Market Performance vs. Industry/Classification (Software - Application) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.05% 76% C+ 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.05% 76% C+ 73% C
Trailing 12 Months  
Capital Gain 40.90% 85% B 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 40.90% 85% B 87% B+
Trailing 5 Years  
Capital Gain 343.45% 94% A 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 343.45% 94% A 93% A
Average Annual (5 Year Horizon)  
Capital Gain 28.47% 79% B- 80% B-
Dividend Return 28.47% 79% B- 80% B-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 39.84% 61% D- 48% F
Risk Adjusted Return 71.46% 93% A 88% B+
Market Capitalization 9.54B 85% B 92% A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector