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Altair Engineering Inc

ALTR | US

94.82

USD

-0.18

-0.19%

ALTR | US

About Altair Engineering Inc

Sector

Technology

Industry

Software-Infrastructure

Earnings date

30/06/2024

As of date

11/10/2024

Close

94.82

Open

94.75

High

96.48

Low

94.74

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 in the United States and internationally. The company operates in two segments: Software and Client Engineering Services. The Software segment offers solvers and optimization technology products high-performance computing software applications and hardware products modeling and visualization tools data analytics and analysis products and Internet of Things platform and analytics tools as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue manufacturing process simulation and cost estimation for the applications in marine motorcycle aerospace chemical and architecture industries; and software-related services such as consulting implementation and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent light tubes with LED lamps. Its integrated suite of software optimizes design performance across various disciplines including structures motion fluids thermal management electromagnetics system modeling and embedded systems. The company serves universities government agencies manufacturers pharmaceutical firms banking financial services and insurance weather prediction agencies and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy Michigan.

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ALTR | US

Risk
26.3
Sharpe
1.10
Luna's Score
48/100
Recommendation
Hold

Luna says (ALTR | US)

What's Working

Low Debt to Asset (< 0.2)

What's not Working

Midcap (2B - 10B USD)

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

Rich in Valuation (Price to Book > 8)

Weak Operating Margin (< 10%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

31.1%

1 month

26.3%

3 months

34.3%

6 months

32.1%

Returns

Fundamental Ratios

PE

298.22

Fwd. PE

68.97

Price to book

10.23

Debt to equity

0.33

Debt to assets

0.19

Ent. to EBITDA

95.78

Ent. to rev.

12.51

PEG

5.76

Other Fundamentals

EBITDA

59.46M

MarketCap

8.05B

MarketCap(USD)

8.05B

Div. yield

-

Op. margin

-6.59

Erngs. growth

63.30

Rev. growth

5.40

Ret. on equity

3.79

Short ratio

13.89

Short perc.

12.04

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

5.61

Range1M

13.73

Range3M

25.68

Volumes: Market Activity

Rel. volume

0.96

Price X volume

29.08M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Vipshop Holdings LimitedVIPSSpecialty Retail16.58.80B-0.12%8.070.00%
GitLab Inc.GTLBSoftware-Application54.738.78B0.68%n/a0.05%
Unity Software IncUSoftware-Application21.628.58B3.54%n/a74.24%
Shift4 Payments Inc.FOURSoftware-Infrastructure96.48.54B3.48%55.48255.08%
Elastic N.VESTCSoftware-Application838.53B1.18%129.5377.79%
Dropbox IncDBXSoftware-Infrastructure25.98.26B0.00%14.75-540.37%
AppFolio IncAPPFSoftware-Application226.278.21B1.85%65.8311.66%
Informatica CorpINFASoftware-Infrastructure26.48.00B1.77%45.3680.47%
Smartsheet IncSMARSoftware-Application55.87.76B0.54%n/a6.45%
SPS Commerce IncSPSCSoftware-Application198.817.46B1.79%99.131.75%
  • 1

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EnerSysENSElectronic Components1034.15B1.49%15.1949.62%
Advanced Energy Industries IncAEISElectronic Components109.324.12B1.76%42.9087.62%
Sanmina CorporationSANMElectronic Components67.353.68B1.35%17.4317.76%
Cinemark Holdings IncCNKMedia - Diversified29.683.63B3.67%25.98934.91%
VeriFone Systems IncPAYBuilding Products & Equipment22.782.70B7.71%80.002.10%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA95.78211.07Cheaper
Ent. to Revenue12.5110.10Expensive
PE Ratio298.2236.50Expensive
Price to Book10.239.00Par
Dividend Yield-2.65-
Std. Deviation (3M)34.3155.06Lower Risk
Debt to Equity0.33-0.22Expensive
Debt to Assets0.190.37Cheaper
Market Cap8.05B48.38BEmerging
  • 1

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