ALTR:NSD-Altair Engineering Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 59.01

Change

-0.74 (-1.24)%

Market Cap

USD 4.40B

Volume

0.21M

Average Target Price

USD 53.00 (-10.18%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions worldwide. The company operates through two segments, Software and Client Engineering Services. 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 offers software products in the areas of design, modeling, and visualization; physics simulation; data analytics; high performance computing; and Internet of Things for decision making in product design and development, manufacturing, energy management and exploration, financial services, health care, and retail operations. It also provides 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. In addition, the company offers consulting, training, implementation, and other software related services, as well as hardware products; and client engineering services to support customers with ongoing product design and development services. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan. Address: 1820 East Big Beaver Road, Troy, MI, United States, 48083

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-25 )

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ETFs Containing ALTR

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.34% 33% F 19% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.34% 33% F 18% F
Trailing 12 Months  
Capital Gain 60.70% 67% D+ 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 60.70% 67% D+ 75% C
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 10.57% 36% F 64% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 10.57% 36% F 62% D-
Risk Return Profile  
Volatility (Standard Deviation) 21.93% 77% C+ 64% D
Risk Adjusted Return 48.18% 48% F 70% C-
Market Capitalization 4.40B 53% F 83% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 1,679.60 8% F 1% F
Price/Book Ratio 12.22 43% F 15% F
Price / Cash Flow Ratio 140.19 11% F 3% F
EV/EBITDA 130.21 15% F 8% F
Management Effectiveness  
Return on Equity -4.04% 56% F 48% F
Return on Invested Capital -0.64% 56% F 46% F
Return on Assets 0.55% 56% F 51% F
Debt to Equity Ratio 49.92% 59% F 43% F
Technical Ratios  
Short Ratio 16.75 3% F 2% F
Short Percent 10.66% 20% F 20% F
Beta 1.53 26% F 30% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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 compared to book value

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

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 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 Earnings Growth

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