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Altair Engineering Inc. (ALTR)

Stock Price: $63.15 USD 0.70 (1.12%)
Updated May 13, 2021 2:25 PM EDT - Market open
Market Cap 4.73B
Revenue (ttm) 488.62M
Net Income (ttm) -2.17M
Shares Out 74.65M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE 128.21
Dividend n/a
Dividend Yield n/a
Trading Day May 13
Last Price $63.15
Previous Close $62.45
Change ($) 0.70
Change (%) 1.12%
Day's Open 63.63
Day's Range 62.47 - 64.49
Day's Volume 78,377
52-Week Range 30.88 - 69.00

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TROY, Mich., May 10, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing (PC), data ...

2 days ago - GlobeNewsWire

TROY, Mich., May 10, 2021 /PRNewswire/ --  Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI) announ...

3 days ago - PRNewsWire

Altair Engineering (ALTR) delivered earnings and revenue surprises of 55.00% and 8.03%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

6 days ago - Zacks Investment Research

Delivers Record Software Revenue and Total Revenue, Exceeding Expectations Delivers Record Software Revenue and Total Revenue, Exceeding Expectations

6 days ago - GlobeNewsWire

Altair enables 97 percent utilization of HPC infrastructure to optimize processing compute-intensive simulations, powering innovation and cutting-edge design  TROY, Mich., May 6, 2021 /PRNewswire/ --  A...

1 week ago - PRNewsWire

TROY, Mich., April 19, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the area of simulation, high-performance computing (HPC), and...

3 weeks ago - GlobeNewsWire

Leading innovators driving the future of HPC convergence showcase advanced workload management and acceleration technologies for new time and cost-to-solution gains TROY, Mich., April 19, 2021 /PRNewswi...

3 weeks ago - PRNewsWire

Altair Engineering (ALTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 month ago - Zacks Investment Research

Altair Engineering (ALTR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

TROY, Mich., March 17, 2021 (GLOBE NEWSWIRE) -- Altair  (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing, data an...

1 month ago - GlobeNewsWire

Altair (ALTR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

2 months ago - Zacks Investment Research

Altair Engineering (ALTR) has been struggling lately, but the selling pressure may be coming to an end soon

2 months ago - Zacks Investment Research

Altair Engineering (ALTR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 months ago - Zacks Investment Research

Altair (ALTR) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

2 months ago - Zacks Investment Research

Altair Engineering (ALTR) delivered earnings and revenue surprises of 950.00% and 16.51%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Record Fourth Quarter and Full Year 2020 Software Product and Total Revenue, Exceeding Expectations

2 months ago - GlobeNewsWire

Software and cloud solutions provider Altair Engineering Inc (NASDAQ: ALTR) acquired integrated flow, heat transfer, and combustion design software Flow Simulator from General Electric Company (NYSE: GE...

2 months ago - Benzinga

Altair and GE Aviation establish strategic engagement to pursue new opportunities TROY, Mich., Feb. 24, 2021 /PRNewswire/ -- Altair, (Nasdaq: ALTR) a global technology company providing software and clo...

2 months ago - PRNewsWire

Now accepting submissions for 9th annual international award showcasing innovation in automotive lightweighting and sustainability TROY, Mich., Feb. 15, 2021 /PRNewswire/ -- Altair, (Nasdaq: ALTR) a glo...

2 months ago - PRNewsWire

TROY, Mich., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the area of simulation, high-performance computing (HPC), and ...

3 months ago - GlobeNewsWire

TROY, Mich., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing (HPC), and...

3 months ago - GlobeNewsWire

Toggled Distribution Opens in Vancouver Toggled Distribution Opens in Vancouver

4 months ago - GlobeNewsWire

TROY, Mich., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...

4 months ago - GlobeNewsWire

Altair Engineering Inc. (ALTR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 months ago - Zacks Investment Research

An improving economy once widespread COVID-19 vaccinations occur could usher in a new set of software winners, according to a J.P. Morgan analyst.

Other stocks mentioned: ADSK, INTU, WIX
5 months ago - Market Watch

TROY, Mich., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...

5 months ago - GlobeNewsWire

TROY, Mich., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...

5 months ago - GlobeNewsWire

TROY, Mich., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...

5 months ago - GlobeNewsWire

Altair Engineering (ALTR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

6 months ago - Zacks Investment Research

Altair Engineering's (ALTR) CEO Jim Scapa on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Altair Engineering (ALTR) delivered earnings and revenue surprises of 100.00% and 8.67%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Next generation solution provides a modern, integrated approach to simulation-driven design for manufacturing (DFM) of injection molded components to reduce costs and delays Next generation solution pro...

6 months ago - GlobeNewsWire

Altair Engineering (ALTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Database to contain thousands of high-quality materials including polymers, metals, and composites, directly connected to Altair's and other major solvers Database to contain thousands of high-quality m...

6 months ago - GlobeNewsWire

TROY, Mich., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in data analytics, simulation, and high-performance computing (HPC), today announced...

6 months ago - GlobeNewsWire

TROY, Mich., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in data analytics, simulation, and high-performance computing (HPC), will release it...

6 months ago - GlobeNewsWire

Move allows Altair to offer most comprehensive, high-fidelity plastics database on the market Move allows Altair to offer most comprehensive, high-fidelity plastics database on the market

7 months ago - GlobeNewsWire

Altair Engineering's (ALTR) acquisition of Ellexus is set to provide additional storage functionality for high-performing computer solutions.

7 months ago - Zacks Investment Research

Altair Engineering's (ALTR) acquisition of Univa strengthens its position in workload management and cloud enablement for high-performance computing.

7 months ago - Zacks Investment Research

Move Solidifies Altair’s Leadership in Workload Management and Cloud Enablement for High Performance Computing Move Solidifies Altair’s Leadership in Workload Management and Cloud Enablement for High Pe...

7 months ago - GlobeNewsWire

TROY, Mich., Sept. 03, 2020 (GLOBE NEWSWIRE) -- Altair , (Nasdaq: ALTR), a global technology company providing solutions in product development, high performance computing (HPC), and data analytics, ...

8 months ago - GlobeNewsWire

TROY, Mich., Aug. 31, 2020 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, an...

8 months ago - GlobeNewsWire

TROY, Mich., Aug. 25, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, ha...

8 months ago - GlobeNewsWire

TROY, Mich., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, to...

9 months ago - GlobeNewsWire

Altair Engineering Inc. (ALTR) CEO James Scapa on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Altair Engineering Inc. (ALTR) delivered earnings and revenue surprises of 0.00% and 6.21%, respectively, for the quarter ended June 2020.

9 months ago - Zacks Investment Research

My firm screened and ranked 12 technology stocks that have a fair amount of short interest for clients. These heavily shorted stocks have a positive score in our models and have technically sound price ...

Other stocks mentioned: HUYA, RPD, WK
9 months ago - See It Market

Industry’s only award dedicated to vehicle lightweighting acknowledges greatest advancements around the globe Industry’s only award dedicated to vehicle lightweighting acknowledges greatest advancements...

9 months ago - GlobeNewsWire

Altair Engineering Inc. (ALTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

9 months ago - Zacks Investment Research

Expanding Solver Portfolio into Growing Market with New Manufacturing Simulation; Polyurethane Foam Solution Expanding Solver Portfolio into Growing Market with New Manufacturing Simulation; Polyurethan...

9 months ago - GlobeNewsWire

About ALTR

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 through two segments, Software and Client Engineering Services. Its 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 IoT platform and analytics tools, a... [Read more...]

Industry
Software-Infrastructure
IPO Date
Nov 1, 2017
CEO
James Scapa
Employees
3,050
Stock Exchange
NASDAQ
Ticker Symbol
ALTR
Full Company Profile

Financial Performance

In 2020, ALTR's revenue was $469.92 million, an increase of 2.40% compared to the previous year's $458.92 million. Losses were -$10.50 million, 39.2% more than in 2019.

Financial Statements

Analyst Forecasts

According to 8 analysts, the average rating for ALTR stock is "Buy." The 12-month stock price forecast is 69.80, which is an increase of 10.53% from the latest price.

Price Target
$69.80
(10.53% upside)
Analyst Consensus: Buy