Altair Engineering Inc. (ALTR)
Altair Engineering Statistics
Share Statistics
Altair Engineering has 86.12M shares outstanding. The number of shares has increased by 3.72% in one year.
| Shares Outstanding | 86.12M |
| Shares Change (YoY) | 3.72% |
| Shares Change (QoQ) | 0.68% |
| 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 | 11.2 |
| PB Ratio | 10.7 |
| P/FCF Ratio | 65.53 |
| PEG Ratio | -2.54 |
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 36.04% 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 | 36.04% |
| 50-Day Moving Average | 110.99 |
| 200-Day Moving Average | 100.87 |
| Relative Strength Index (RSI) | 65.72 |
| Average Volume (20 Days) | 788.51K |
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 |
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 |
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 |
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% |
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 |
Scores
| Altman Z-Score | 10.5 |
| Piotroski F-Score | 4 |