Altair Engineering Inc Class A ALTR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Altair Joins Aston Martin and Sarginsons in £5.8 Million Performance Integrated Vehicle Optimization Technology (PIVOT) Project to Revolutionize Sustainable Vehicle Manufacturing
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Altair Announces Crown Point Technologies as U.S. and Europe Data Analytics and AI Reseller
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Altair and Oasys, the Software House of Arup, Establish Joint Development Agreement to Redefine Pre-Processing for Crash and Safety Simulation
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Altair Responds to Matrix Capital Management Statement on Altair Holdings
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Altair and L&T Technology Services Establish Digital Twin Center of Excellence to Accelerate Global Innovation
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2024 Altair Enlighten Award Winners Announced
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Altair Announces Second Quarter 2024 Financial Results
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One Model, One Solver: Altair and LG Electronics Develop All-in-One Analysis Solution to Significantly Extend Product Lifespans
Trading Information
- Previous Close Price
- $95.06
- Day Range
- $94.78–96.50
- 52-Week Range
- $57.59–101.39
- Bid/Ask
- $37.95 / $151.79
- Market Cap
- $8.05 Bil
- Volume/Avg
- 23 / 412,282
Key Statistics
- Price/Earnings (Normalized)
- 78.51
- Price/Sales
- 12.74
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stock Style Box
- Small Growth
- Total Number of Employees
- 3,200
- Website
- https://www.altair.com
Comparables
Valuation
|
Metric
|
ALTR
|
VMEO
|
ANSS
|
|---|---|---|---|
Price/Earnings (Normalized) | 78.51 | 24.01 | 40.90 |
Price/Book Value | 10.15 | 2.16 | 5.09 |
Price/Sales | 12.74 | 2.05 | 12.26 |
Price/Cash Flow | 59.68 | 12.34 | 35.15 |
Price/Earnings
ALTR
VMEO
ANSS
Financial Strength
|
Metric
|
ALTR
|
VMEO
|
ANSS
|
|---|---|---|---|
Quick Ratio | 3.00 | 1.50 | 2.86 |
Current Ratio | 3.14 | 1.62 | 2.95 |
Interest Coverage | 3.39 | — | 12.12 |
Quick Ratio
ALTR
VMEO
ANSS
Profitability
|
Metric
|
ALTR
|
VMEO
|
ANSS
|
|---|---|---|---|
Return on Assets (Normalized) | 7.95% | 10.71% | 11.54% |
Return on Equity (Normalized) | 14.88% | 17.44% | 15.38% |
Return on Invested Capital (Normalized) | 9.11% | 13.98% | 13.43% |
Return on Assets
ALTR
VMEO
ANSS
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United States