Altair Engineering Inc.

111.85
0.00 (0.00%)
At close: Mar 25, 2025, 3:59 PM
111.85
0.00%
After-hours: Mar 25, 2025, 04:00 PM EDT

Altair Engineering Statistics

Share Statistics

Altair Engineering has 86.12M shares outstanding. The number of shares has increased by 3.7% in one year.

Shares Outstanding 86.12M
Shares Change (YoY) 3.7%
Shares Change (QoQ) 0.78%
Owned by Institutions (%) 62.8%
Shares Floating 47.95M
Failed to Deliver (FTD) Shares 300
FTD / Avg. Volume 0.04%

Short Selling Information

The latest short interest is 3.9M, so 4.56% of the outstanding shares have been sold short.

Short Interest 3.9M
Short % of Shares Out 4.56%
Short % of Float 4.65%
Short Ratio (days to cover) 4.76

Valuation Ratios

The PE ratio is 647.23 and the forward PE ratio is 77.62. Altair Engineering's PEG ratio is -2.54.

PE Ratio 647.23
Forward PE 77.62
PS Ratio 13.78
Forward PS 11.2
PB Ratio 10.7
P/FCF Ratio 65.53
PEG Ratio -2.54
Financial Ratio History

Enterprise Valuation

Altair Engineering Inc. has an Enterprise Value (EV) of 6.65B.

EV / Earnings 469.38
EV / Sales 9.99
EV / EBITDA 82.52
EV / EBIT 376.22
EV / FCF 47.53

Financial Position

The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.3.

Current Ratio 1.61
Quick Ratio 1.61
Debt / Equity 0.3
Total Debt / Capitalization 23.21
Cash Flow / Debt 0.59
Interest Coverage 3.03

Financial Efficiency

Return on equity (ROE) is 0.02% and return on capital (ROIC) is 0.69%.

Return on Equity (ROE) 0.02%
Return on Assets (ROA) 0.01%
Return on Capital (ROIC) 0.69%
Revenue Per Employee $190,225.14
Profits Per Employee $4,050
Employee Count 3,500
Asset Turnover 0.46
Inventory Turnover n/a

Taxes

Income Tax 18.45M
Effective Tax Rate 0.57

Stock Price Statistics

The stock price has increased by 29.83% in the last 52 weeks. The beta is 1.45, so Altair Engineering's price volatility has been higher than the market average.

Beta 1.45
52-Week Price Change 29.83%
50-Day Moving Average 110.96
200-Day Moving Average 100.74
Relative Strength Index (RSI) 65.72
Average Volume (20 Days) 785.38K

Income Statement

In the last 12 months, Altair Engineering had revenue of 665.79M and earned 14.18M in profits. Earnings per share was 0.17.

Revenue 665.79M
Gross Profit 540.99M
Operating Income 17.68M
Net Income 14.18M
EBITDA 80.63M
EBIT 17.68M
Earnings Per Share (EPS) 0.17
Full Income Statement

Balance Sheet

The company has 561.9M in cash and 259.12M in debt, giving a net cash position of 302.77M.

Cash & Cash Equivalents 561.9M
Total Debt 259.12M
Net Cash 302.77M
Retained Earnings -116.33M
Total Assets 1.45B
Working Capital 297.21M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 154.08M and capital expenditures -14.09M, giving a free cash flow of 140M.

Operating Cash Flow 154.08M
Capital Expenditures -14.09M
Free Cash Flow 140M
FCF Per Share 1.66
Full Cash Flow Statement

Margins

Gross margin is 81.25%, with operating and profit margins of 2.66% and 2.13%.

Gross Margin 81.25%
Operating Margin 2.66%
Pretax Margin 4.9%
Profit Margin 2.13%
EBITDA Margin 12.11%
EBIT Margin 2.66%
FCF Margin 21.03%

Dividends & Yields

ALTR pays an annual dividend of $0.9, which amounts to a dividend yield of 3.93%.

Dividend Per Share $0.90
Dividend Yield 3.93%
Dividend Growth (YoY) 20%
Payout Ratio 562.5%
Earnings Yield 0.15%
FCF Yield 1.45%
Dividend Details

Analyst Forecast

The average price target for ALTR is $113, which is 1% higher than the current price. The consensus rating is "Hold".

Price Target $113
Price Target Difference 1%
Analyst Consensus Hold
Analyst Count 7
Stock Forecasts

Scores

Altman Z-Score 10.46
Piotroski F-Score 4