Altair Stock Analysis


USD 54.69  1.74  3.08%   

The modest gains experienced by current holders of Altair Engineering could raise concerns from retail investors as the firm is trading at a share price of 54.69 on 102,148 in volume. The company directors and management have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.56. The current volatility is consistent with the ongoing market swings in July 2022 as well as with Altair Engineering unsystematic, company-specific events.
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The Altair Engineering stock analysis report makes it easy to digest most publicly released information about Altair Engineering and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Altair Stock analysis module also helps to analyze the Altair Engineering price relationship with some important fundamental indicators such as market cap and management efficiency.

Altair Stock Analysis Notes

About 99.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.41. Altair Engineering recorded a loss per share of 0.07. The entity last dividend was issued on the November 6, 2015. The firm had 2:1 split on the August 11, 2000. 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. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. Altair Engineering operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 3050 people. For more info on Altair Engineering please contact Joao Oliveira at 248 614-2400 or go to

Altair Engineering Quarterly Cost of Revenue

29.52 Million

Altair Engineering Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Altair Engineering's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Altair Engineering or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reported the previous year's revenue of 541.8 M. Net Loss for the year was (11.63 M) with profit before overhead, payroll, taxes, and interest of 403.54 M.
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from Why Altair Engineering Inc. Could Be Worth Watching - Nasdaq

Altair Engineering Upcoming and Recent Events

Earnings reports are used by Altair Engineering to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Altair Engineering previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report24th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Altair Largest EPS Surprises

Earnings surprises can significantly impact Altair Engineering's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

Altair Engineering SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Altair Engineering prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Altair Engineering investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Altair Engineering specific information freely available to individual and institutional investors to make a timely investment decision.
4th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
24th of June 2022
Financial Statements and Exhibits. Other Events. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
15th of June 2022
Financial Statements and Exhibits. Unregistered Sales of Equity Securities. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
10th of June 2022
Financial Statements and Exhibits. Other Events
12th of May 2022
Submission of Matters to a Vote of Security Holders
5th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
24th of February 2022
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
14th of February 2022
Unclassified Corporate Event

Altair Engineering Thematic Classifications

In addition to having Altair Engineering stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ESG Investing
Companies that promote environmental, social, and governance factors during their day-to-day operations

Altair Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 4.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altair Engineering's market, we take the total number of its shares issued and multiply it by Altair Engineering's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Altair Profitablity

Altair Engineering's profitability indicators refer to fundamental financial ratios that showcase Altair Engineering's ability to generate income relative to its revenue or operating costs. If, let's say, Altair Engineering is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Altair Engineering's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Altair Engineering's profitability requires more research than a typical breakdown of Altair Engineering's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (2.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 7.98 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.08.
Last ReportedProjected for 2022
Return on Investment 1.75  1.88 
Return on Average Assets(0.009) (0.009711) 
Return on Average Equity(0.017) (0.0183) 
Return on Invested Capital 0.13  0.14 
Return on Sales 0.022  0.0229 

Management Efficiency

The entity has return on total asset (ROA) of 1.06 % which means that it generated profit of $1.06 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (2.29) %, meaning that it created substantial loss on money invested by shareholders. Altair Engineering management efficiency ratios could be used to measure how well altair engineering manages its routine affairs as well as how well it operates its assets and liabilities. Altair Engineering Return on Investment is relatively stable at the moment as compared to the past year. Altair Engineering reported last year Return on Investment of 1.75. As of 08/19/2022, Return on Invested Capital is likely to grow to 0.14, while Return on Average Assets are likely to drop (0.009711) . Altair Engineering Current Assets are relatively stable at the moment as compared to the past year. Altair Engineering reported last year Current Assets of 588.22 Million. As of 08/19/2022, Tax Assets is likely to grow to about 21.7 M, while Assets Non Current are likely to drop slightly above 481.1 M.
Last ReportedProjected for 2022
Book Value per Share 8.05  8.68 
Enterprise Value over EBIT 498.00  537.32 
Enterprise Value over EBITDA 156.84  169.23 
Price to Book Value 9.94  10.28 
Tangible Assets Book Value per Share 9.11  7.85 
Enterprise Value5.9 B4.9 B
Tangible Asset Value694 M565.4 M

Technical Drivers

As of the 19th of August, Altair Engineering shows the Risk Adjusted Performance of 0.0783, downside deviation of 2.47, and Mean Deviation of 1.93. Altair Engineering technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Altair Engineering, which can be compared to its rivals. Please confirm Altair Engineering variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Altair Engineering is priced correctly, providing market reflects its regular price of 54.69 per share. Given that Altair Engineering has jensen alpha of 0.0459, we suggest you to validate Altair Engineering's prevailing market performance to make sure the company can sustain itself at a future point.

Altair Engineering Price Movement Analysis

The output start index for this execution was fourty-one with a total number of output elements of twenty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Altair Engineering middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Altair Engineering. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Altair Engineering Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Altair Engineering insiders, such as employees or executives, is commonly permitted as long as it does not rely on Altair Engineering's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Altair Engineering insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Earhart Stephen P 2 days ago via Macroaxis 
Exercise or conversion by Earhart Stephen P of 4000 shares of Altair Engineering subject to Rule 16b-3
Marraccini Jeffrey over a month ago via Macroaxis 
Acquisition by Marraccini Jeffrey of 145 shares of Altair Engineering subject to Rule 16b-3
Schramm Uwe over two months ago via Macroaxis 
Exercise or conversion by Schramm Uwe of 3000 shares of Altair Engineering subject to Rule 16b-3
Schramm Uwe over two months ago via Macroaxis 
Exercise or conversion by Schramm Uwe of 934 shares of Altair Engineering subject to Rule 16b-3
Maitra Raoul over three months ago via Macroaxis 
Exercise or conversion by Maitra Raoul of 1644 shares of Altair Engineering subject to Rule 16b-3
Carter Sandra Ann over three months ago via Macroaxis 
Acquisition by Carter Sandra Ann of 34 shares of Altair Engineering subject to Rule 16b-3
Buckner Stephanie over three months ago via Macroaxis 
Acquisition by Buckner Stephanie of 1457 shares of Altair Engineering subject to Rule 16b-3
Simon David L over three months ago via Macroaxis 
Sale by Simon David L of tradable shares of Altair Engineering
Marraccini Jeffrey over three months ago via Macroaxis 
Sale by Marraccini Jeffrey of 126 shares of Altair Engineering
Dias Nelson over three months ago via Macroaxis 
Acquisition by Dias Nelson of 11375 shares of Altair Engineering subject to Rule 16b-3
James Scapa over three months ago via Macroaxis 
Acquisition by James Scapa of 80000 shares of Altair Engineering subject to Rule 16b-3
Brown Matthew Charles over three months ago via Macroaxis 
Acquisition by Brown Matthew Charles of 8000 shares of Altair Engineering subject to Rule 16b-3

Altair Engineering Predictive Daily Indicators

Altair Engineering intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altair Engineering stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Altair Engineering Forecast Models

Altair Engineering time-series forecasting models is one of many Altair Engineering's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altair Engineering's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Altair Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Altair Engineering prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altair shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Altair Engineering. By using and applying Altair Stock analysis, traders can create a robust methodology for identifying Altair entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 2.32  2.28 
EBITDA Margin 0.07  0.07 
Gross Margin 0.76  0.80 
Profit Margin(0.017) (0.0183) 

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Altair Engineering to your portfolios without increasing risk or reducing expected return.

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Please continue to Trending Equities. Note that the Altair Engineering information on this page should be used as a complementary analysis to other Altair Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Altair Stock analysis

When running Altair Engineering price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.
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Is Altair Engineering's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altair Engineering. If investors know Altair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altair Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Altair Engineering is measured differently than its book value, which is the value of Altair that is recorded on the company's balance sheet. Investors also form their own opinion of Altair Engineering's value that differs from its market value or its book value, called intrinsic value, which is Altair Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altair Engineering's market value can be influenced by many factors that don't directly affect Altair Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altair Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine Altair Engineering value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altair Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.