Altair Engineering Inc. (ALTR)
Stock Price:
$39.40 USD
-0.91 (-2.26%)
Updated Jul 2, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
2.87B |
| Revenue (ttm) |
462.52M |
| Net Income (ttm) |
-14.53M |
| Shares Out |
41.82M |
| EPS (ttm) |
-0.21 |
| PE Ratio |
n/a |
| Forward PE |
158.73 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Jul 2, 2020 |
| Last Price |
$39.40 |
| Previous Close |
$40.31 |
| Change ($) |
-0.91 |
| Change (%) |
-2.26% |
| Day's Open |
41.00 |
| Day's Range |
39.04 - 41.00 |
| Day's Volume |
281,453 |
| 52-Week Range |
23.04 - 43.28 |
More Stats
| Market Cap |
2.87B |
| Enterprise Value |
2.83B |
| Earnings Date (est) |
Aug 6, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
41.82M |
| Float |
35.95M |
| EPS (basic) |
-0.21 |
| EPS (diluted) |
-0.21 |
| FCF / Share |
0.38 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
n/a |
| FCF Yield |
0.95% |
| Payout Ratio |
n/a |
| Shares Short |
5.31M |
| Short Ratio |
21.79 |
| Short % of Float |
12.76% |
| Beta |
1.60 |
| PE Ratio |
n/a |
| Forward PE |
158.73 |
| P/FCF Ratio |
104.81 |
| PS Ratio |
6.21 |
| PB Ratio |
8.04 |
| Revenue |
462.52M |
| Operating Income |
2.55M |
| Net Income |
-14.53M |
| Free Cash Flow |
27.39M |
| Net Cash |
39.51M |
| Net Cash / Share |
0.54 |
| Gross Margin |
70.55% |
| Operating Margin |
0.55% |
| Profit Margin |
-3.10% |
| FCF Margin |
5.92% |
| ROA |
0.25% |
| ROE |
-4.42% |
| ROIC |
2.20% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (8)
| Buy |
2 |
| Overweight |
0 |
| Hold |
3 |
| Underweight |
0 |
| Sell |
3 |
Price Target
$35.17*
(-10.74% downside)
Low
29.0
Current: 39.40
High
47.0
Target: 35.17
*Average 12-month price target from 6 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Revenue | 459 | 396 | 333 | 313 | 294 |
| Revenue Growth | 15.78% | 18.91% | 6.41% | 6.5% | - |
| Gross Profit | 326 | 280 | 227 | 211 | 195 |
| Operating Income | 8.21 | 24.64 | -33.26 | 15.45 | 14.95 |
| Net Income | -7.54 | 15.54 | -102 | 10.16 | 10.93 |
| Shares Outstanding | 71.54 | 67.47 | 52.47 | 48.85 | 46.61 |
| Earnings Per Share | -0.11 | 0.21 | -1.94 | 0.18 | 0.19 |
| EPS Growth | - | - | - | -5.26% | - |
| Operating Cash Flow | 31.39 | 36.23 | 16.09 | 21.39 | 10.84 |
| Capital Expenditures | -9.66 | -6.66 | -7.52 | -9.44 | -5.23 |
| Free Cash Flow | 21.73 | 29.57 | 8.57 | 11.94 | 5.61 |
| Cash & Equivalents | 223 | 35.35 | 39.21 | 16.87 | 13.76 |
| Total Debt | 208 | 31.75 | 0.41 | 85.24 | 83.18 |
| Net Cash / Debt | 15.13 | 3.60 | 38.80 | -68.37 | -69.42 |
| Assets | 743 | 487 | 288 | 251 | 222 |
| Liabilities | 386 | 191 | 225 | 285 | 264 |
| Book Value | 355 | 294 | 60.59 | -34.66 | -42.05 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Altair Engineering Inc. |
| Country |
United States |
| Employees |
2,950 |
| CEO |
James Ralph Scapa |
Stock Information
| Ticker Symbol |
ALTR |
| Stock Exchange |
NASDAQ |
| Sector |
Technology |
| Industry |
Software—Infrastructure |
| Unique Identifier |
NASDAQ: ALTR |
| IPO Date |
November 1, 2017 |
Description
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.