Altair Engineering Inc. (ALTR)
Altair Engineering Statistics
Share Statistics
Altair Engineering has 85.54M shares outstanding. The number of shares has increased by 3.7% in one year.
| Shares Outstanding | 85.54M |
| Shares Change (YoY) | 3.7% |
| Shares Change (QoQ) | 0.78% |
| Owned by Institutions (%) | 71.22% |
| Shares Floating | 83.98M |
| Failed to Deliver (FTD) Shares | 12.46K |
| FTD / Avg. Volume | 1.63% |
Short Selling Information
The latest short interest is 3.90M, so 4.56% of the outstanding shares have been sold short.
| Short Interest | 3.90M |
| Short % of Shares Out | 4.56% |
| Short % of Float | 4.65% |
| Short Ratio (days to cover) | 4.76 |
Valuation Ratios
The PE ratio is -759.82 and the forward PE ratio is 77.62. Altair Engineering 's PEG ratio is 9.5.
| PE Ratio | -759.82 |
| Forward PE | 77.62 |
| PS Ratio | 11.07 |
| Forward PS | 11.3 |
| PB Ratio | 9.53 |
| P/FCF Ratio | 57.91 |
| PEG Ratio | 9.5 |
Enterprise Valuation
Altair Engineering Inc. has an Enterprise Value (EV) of 6.65B.
| EV / Earnings | -745.41 |
| EV / Sales | 10.86 |
| EV / EBITDA | 115 |
| EV / EBIT | 27380.78 |
| EV / FCF | 56.81 |
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 | 2.16 |
| Debt / Equity | 0.48 |
| Total Debt / Capitalization | 32.26 |
| Cash Flow / Debt | 0.38 |
| Interest Coverage | 0.04 |
Financial Efficiency
Return on equity (ROE) is -0.01% and return on capital (ROIC) is -0.02%.
| Return on Equity (ROE) | -0.01% |
| Return on Assets (ROA) | -0.01% |
| Return on Capital (ROIC) | -0.02% |
| Revenue Per Employee | 180.21K |
| Profits Per Employee | -2.63K |
| Employee Count | 3.40K |
| Asset Turnover | 0.45 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 21.55M |
| Effective Tax Rate | 1.71 |
Stock Price Statistics
The stock price has increased by 28.59% in the last 52 weeks. The beta is 1.42, so Altair Engineering 's price volatility has been higher than the market average.
| Beta | 1.42 |
| 52-Week Price Change | 28.59% |
| 50-Day Moving Average | 109.3 |
| 200-Day Moving Average | 97.91 |
| Relative Strength Index (RSI) | 74.05 |
| Average Volume (20 Days) | 765.77K |
Income Statement
In the last 12 months, Altair Engineering had revenue of 612.70M and earned -8.93M in profits. Earnings per share was -0.11.
| Revenue | 612.70M |
| Gross Profit | 490.91M |
| Operating Income | 243.00K |
| Net Income | -8.93M |
| EBITDA | 57.86M |
| EBIT | 243.00K |
| Earnings Per Share (EPS) | -0.11 |
Balance Sheet
The company has 467.46M in cash and 338.83M in debt, giving a net cash position of 128.63M.
| Cash & Cash Equivalents | 467.46M |
| Total Debt | 338.83M |
| Net Cash | 128.63M |
| Retained Earnings | -130.50M |
| Total Assets | 1.38B |
| Working Capital | 476.89M |
Cash Flow
In the last 12 months, operating cash flow was 127.31M and capital expenditures -10.19M, giving a free cash flow of 117.11M.
| Operating Cash Flow | 127.31M |
| Capital Expenditures | -10.19M |
| Free Cash Flow | 117.11M |
| FCF Per Share | 1.45 |
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 | 0.04% |
| 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 |
| Payout Ratio | n/a |
| Earnings Yield | -0.1% |
| FCF Yield | 1.22% |
Analyst Forecast
The average price target for ALTR is $106.5, which is -4.7% lower than the current price. The consensus rating is "Hold".
| Price Target | $106.5 |
| Price Target Difference | -4.7% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
Scores
| Altman Z-Score | 11.43 |
| Piotroski F-Score | 6 |