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Altair Engineering Inc. (ALTR)
83.175  -0.275 (-0.33%)    04-25 16:00
Open: 83.49
High: 83.49
Volume: 366,088
  
Pre. Close: 83.45
Low: 82.01
Market Cap: 6,958(M)
Technical analysis
2024-04-25 4:41:15 PM
Short term     
Mid term     
Targets 6-month :  98.99 1-year :  102.42
Resists First :  84.75 Second :  87.69
Pivot price 82.79
Supports First :  80 Second :  66.55
MAs MA(5) :  82.98 MA(20) :  83.22
MA(100) :  82.74 MA(250) :  74.16
MACD MACD :  -0.4 Signal :  -0.5
%K %D K(14,3) :  49.6 D(3) :  44.8
RSI RSI(14): 50
52-week High :  92.91 Low :  57.59
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ ALTR ] has closed below upper band by 44.0%. Bollinger Bands are 27.8% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 83.55 - 84.07 84.07 - 84.44
Low: 80.76 - 81.42 81.42 - 81.88
Close: 82.31 - 83.27 83.27 - 83.96
Company Description

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 Services. The Software segment includes 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 offers 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; 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 is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent light tubes with LED lamps. 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's customers include 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.

Headline News

Tue, 23 Apr 2024
Should You Be Concerned About Altair Engineering Inc.'s (NASDAQ:ALTR) ROE? - Yahoo Movies Canada

Tue, 23 Apr 2024
Altair (ALTR) Buys Cambridge Semantics, Enhances AI Technology (Revised) - Zacks Investment Research

Fri, 19 Apr 2024
Altair (ALTR) Buys Cambridge Semantics, Enhances AI Technology - Zacks Investment Research

Thu, 18 Apr 2024
Altair Announces Date of First Quarter 2024 Financial Results Conference Call - The Globe and Mail

Tue, 09 Apr 2024
Altair Engineering (NASDAQ:ALTR) Might Be Having Difficulty Using Its Capital Effectively - Simply Wall St

Mon, 01 Apr 2024
Altair Engineering executive sells over $7.1m in company stock - Investing.com

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Software - Infrastructure
Shares Out 57 (M)
Shares Float 26 (M)
Held by Insiders 1.4 (%)
Held by Institutions 103.6 (%)
Shares Short 3,430 (K)
Shares Short P.Month 3,320 (K)
Stock Financials
EPS -0.11
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 8.67
Profit Margin -1.5 %
Operating Margin 13.8 %
Return on Assets (ttm) 0.2 %
Return on Equity (ttm) -1.4 %
Qtrly Rev. Growth 6.9 %
Gross Profit (p.s.) 0
Sales Per Share 10.75
EBITDA (p.s.) 0.79
Qtrly Earnings Growth 63.2 %
Operating Cash Flow 127 (M)
Levered Free Cash Flow 105 (M)
Stock Valuations
PE Ratio -756.14
PEG Ratio 1.2
Price to Book value 9.59
Price to Sales 7.73
Price to Cash Flow 37.2
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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