Altair Engineering Inc. (ALTR)

NASDAQ: ALTR · IEX Real-Time Price · USD
86.03
-0.24 (-0.28%)
Mar 28, 2024, 10:23 AM EDT - Market open

Total Valuation

ALTR has a market cap or net worth of $7.12 billion. The enterprise value is $6.99 billion.

Market Cap 7.12B
Enterprise Value 6.99B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date n/a

Share Statistics

ALTR has 82.49 million shares outstanding. The number of shares has increased by 1.41% in one year.

Shares Outstanding 82.49M
Shares Change (YoY) +1.41%
Shares Change (QoQ) +1.67%
Owned by Insiders (%) 1.52%
Owned by Institutions (%) 105.21%
Float 25.27M

Valuation Ratios

PE Ratio n/a
Forward PE 66.63
PS Ratio 11.61
Forward PS 10.46
PB Ratio 10.00
P/FCF Ratio 60.76
PEG Ratio 5.42
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 120.77, with an EV/FCF ratio of 59.67.

EV / Earnings n/a
EV / Sales 11.40
EV / EBITDA 120.77
EV / EBIT 372.98
EV / FCF 59.67

Financial Position

The company has a current ratio of 2.16, with a Debt / Equity ratio of 0.48.

Current Ratio 2.16
Quick Ratio 2.03
Debt / Equity 0.48
Debt / EBITDA 5.86
Debt / FCF 2.89
Interest Coverage 3.06

Financial Efficiency

Return on equity (ROE) is -1.40% and return on invested capital (ROIC) is -0.02%.

Return on Equity (ROE) -1.40%
Return on Assets (ROA) -0.70%
Return on Capital (ROIC) -0.02%
Revenue Per Employee $180,206
Profits Per Employee -$2,625
Employee Count 3,400
Asset Turnover 0.48
Inventory Turnover n/a

Taxes

In the past 12 months, ALTR has paid $21.55 million in taxes.

Income Tax 21.55M
Effective Tax Rate 170.73%

Stock Price Statistics

The stock price has increased by +24.72% in the last 52 weeks. The beta is 1.43, so ALTR's price volatility has been higher than the market average.

Beta (1Y) 1.43
52-Week Price Change +24.72%
50-Day Moving Average 85.68
200-Day Moving Average 73.79
Relative Strength Index (RSI) 56.12
Average Volume (30 Days) 429,322

Short Selling Information

The latest short interest is 3.41 million, so 4.13% of the outstanding shares have been sold short.

Short Interest 3.41M
Short Previous Month 3.32M
Short % of Shares Out 4.13%
Short % of Float 13.48%
Short Ratio (days to cover) 7.09

Income Statement

In the last 12 months, ALTR had revenue of $612.70 million and -$8.93 million in losses. Loss per share was -$0.11.

Revenue 612.70M
Gross Profit 490.91M
Operating Income 243,000
Pretax Income 12.62M
Net Income -8.93M
EBITDA 57.86M
EBIT 18.74M
Loss Per Share -$0.11
Full Income Statement

Balance Sheet

The company has $467.46 million in cash and $338.83 million in debt, giving a net cash position of $128.63 million or $1.56 per share.

Cash & Cash Equivalents 467.46M
Total Debt 338.83M
Net Cash 128.63M
Net Cash Per Share $1.56
Equity / Book Value 711.33M
Book Value Per Share 8.62
Working Capital 376.51M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $127.31 million and capital expenditures -$10.19 million, giving a free cash flow of $117.11 million.

Operating Cash Flow 127.31M
Capital Expenditures -10.19M
Free Cash Flow 117.11M
FCF Per Share $1.45
Full Cash Flow Statement

Margins

Gross margin is 80.12%, with operating and profit margins of 0.04% and -1.46%.

Gross Margin 80.12%
Operating Margin 0.04%
Pretax Margin 2.06%
Profit Margin -1.46%
EBITDA Margin 9.44%
EBIT Margin 3.06%
FCF Margin 19.11%

Dividends & Yields

ALTR does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.41%
Shareholder Yield -1.41%
Earnings Yield -0.13%
FCF Yield 1.65%
Dividend Details

Analyst Forecast

The average price target for ALTR is $88.71, which is 3.12% higher than the current price. The consensus rating is "Buy".

Price Target $88.71
Price Target Difference 3.12%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) 11.25%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

ALTR has an Altman Z-Score of 7.24 and a Piotroski F-Score of 4.

Altman Z-Score 7.24
Piotroski F-Score 4