ALTR:NSD-Altair Engineering Inc (USD)

COMMON STOCK | Software—Infrastructure | NSD

Last Closing Price

USD 41.43

Change

0.00 (0.00)%

Market Cap

USD 3.03B

Volume

0.17M

Average Target Price

USD 45.50 (+9.82%)
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 multi-disciplinary computer aided engineering 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, visualization; physics simulation; data intelligence; cloud 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 consulting, training, and implementation services; and client engineering services to support customers with ongoing product design and development services. The company was founded in 1985 and is headquartered in Troy, Michigan.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-26 )

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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 15.37% 57% F 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 15.37% 56% F 75% C
Trailing 12 Months  
Capital Gain 20.47% 48% F 71% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 20.47% 48% F 71% 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 5.98% N/A N/A 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.98% N/A N/A 51% F
Risk Return Profile  
Volatility (Standard Deviation) 17.34% N/A N/A 75% C
Risk Adjusted Return 34.46% N/A N/A 57% F
Market Capitalization 3.03B 52% F 84% 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 5% F 1% F
Price/Book Ratio 8.20 47% F 15% F
Price / Cash Flow Ratio 96.49 13% F 3% F
EV/EBITDA 109.58 15% F 6% F
Management Effectiveness  
Return on Equity -6.05% 52% F 46% F
Return on Invested Capital -0.64% 56% F 44% F
Return on Assets 0.12% 54% F 47% F
Debt to Equity Ratio 49.92% 63% D 43% F
Technical Ratios  
Short Ratio 20.75 3% F 2% F
Short Percent 11.04% 20% F 20% F
Beta 1.49 23% 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:
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:
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.