Price Alert

Altair Engineering Inc. (ALTR)

NASDAQ: ALTR · Real-Time Price · USD

111.85

0.00 (0.00%)

At close: Mar 25, 2025, 3:59 PM

Altair Engineering Statistics

Share Statistics

Altair Engineering has 86.12M shares outstanding. The number of shares has increased by 1.46% in one year.

Shares Outstanding	86.12M
Shares Change (YoY)	1.46%
Shares Change (QoQ)	0%
Owned by Institutions (%)	62.8%
Shares Floating	47.95M
Failed to Deliver (FTD) Shares	173
FTD / Avg. Volume	0.02%

Short Selling Information

The latest short interest is 5.65M, so 6.59% of the outstanding shares have been sold short.

Short Interest	5.65M
Short % of Shares Out	6.59%
Short % of Float	14.22%
Short Ratio (days to cover)	6.99

Valuation Ratios

The PE ratio is 647.23 and the forward PE ratio is 69.47. Altair Engineering's PEG ratio is -2.54.

PE Ratio	647.23
Forward PE	69.47
PS Ratio	13.78
Forward PS	12.5
PB Ratio	10.7
P/FCF Ratio	65.53
PEG Ratio	-2.54

Financial Ratio History

Enterprise Valuation

Altair Engineering has an Enterprise Value (EV) of 8.87B.

EV / Sales	13.33
EV / EBITDA	110.03
EV / EBIT	57.58
EV / FCF	63.37

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
Debt / EBITDA	3.21
Debt / FCF	1.85
Interest Coverage	3.03

Financial Efficiency

Return on Equity is 1.65% and Return on Invested Capital is 0.64%.

Return on Equity	1.65%
Return on Assets	0.98%
Return on Invested Capital	0.64%
Revenue Per Employee	$190.23K
Profits Per Employee	$4.05K
Employee Count	3,500
Asset Turnover	0.46
Inventory Turnover	n/a

Taxes

Income Tax	18.45M
Effective Tax Rate	56.56%

Stock Price Statistics

The stock price has increased by 27.73% 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	27.73%
50-Day Moving Average	110.99
200-Day Moving Average	100.87
Relative Strength Index (RSI)	65.72
Average Volume (20 Days)	788,509

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	38.47M
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	1.53%

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	5

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	6.22
Graham Upside	-94.44%

Scores

Altman Z-Score	10.5
Piotroski F-Score	4