ALTR:NSD-Altair Engineering Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 46.81

Change

+0.19 (+0.41)%

Market Cap

USD 3.74B

Volume

0.22M

Avg Analyst Target

USD 61.50 (+31.38%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ALTR Stock Forecast & Price:
Based on the Altair Engineering Inc stock forecasts from 6 analysts, the average analyst target price for Altair Engineering Inc is USD 61.50 over the next 12 months. Altair Engineering Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Altair Engineering Inc is Bearish, which is based on 2 positive signals and 7 negative signals. At the last closing, Altair Engineering Inc’s stock price was USD 46.81. Altair Engineering Inc’s stock price has changed by +1.08% over the past week, -4.43% over the past month and -37.93% over the last year.

About Altair Engineering Inc (ALTR:NSD)

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 Serv ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-11-29 )

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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 -39.46% 61% D- 39% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -39.46% 61% D- 39% F
Trailing 12 Months  
Capital Gain -37.13% 61% D- 42% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -37.13% 61% D- 41% F
Trailing 5 Years  
Capital Gain 109.07% 74% C 86% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 109.07% 74% C 85% B
Average Annual (5 Year Horizon)  
Capital Gain 21.87% 74% C 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 21.87% 74% C 83% B
Risk Return Profile  
Volatility (Standard Deviation) 40.99% 36% F 35% F
Risk Adjusted Return 53.35% 81% B- 87% B+
Market Capitalization 3.74B 73% C 89% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 7.08 31% F 12% F
Price / Cash Flow Ratio 60.63 15% F 4% F
EV/EBITDA -2,541.61 100% A+ 100% A+
Management Effectiveness  
Return on Equity -10.00% 63% D 50% F
Return on Invested Capital 0.54% 69% D+ 60% D-
Return on Assets -0.55% 65% D 54% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 7.67 15% F 16% F
Short Percent 5.62% 30% F 27% F
Beta 1.50 19% F 23% 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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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:
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.

Positive cash flow

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

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.

Negative free cash flow

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

Low Earnings Growth

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

Low Revenue Growth

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