Altair Engineering Net Worth

Altair Engineering Net Worth Breakdown

  ALTR
The net worth of Altair Engineering is the difference between its total assets and liabilities. Altair Engineering's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Altair Engineering's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Altair Engineering's net worth can be used as a measure of its financial health and stability which can help investors to decide if Altair Engineering is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Altair Engineering stock.

Altair Engineering Net Worth Analysis

Altair Engineering's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Altair Engineering's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Altair Engineering's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Altair Engineering's net worth analysis. One common approach is to calculate Altair Engineering's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Altair Engineering's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Altair Engineering's net worth. This approach calculates the present value of Altair Engineering's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Altair Engineering's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Altair Engineering's net worth. This involves comparing Altair Engineering's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Altair Engineering's net worth relative to its peers.

Enterprise Value

5.39 Billion

To determine if Altair Engineering is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Altair Engineering's net worth research are outlined below:
The company reported the previous year's revenue of 612.7 M. Net Loss for the year was (8.93 M) with profit before overhead, payroll, taxes, and interest of 524.06 M.
Over 98.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Top 100 Healthcare IT Consultant Project Areas in Highest Demand Leading Advisory Firms Driving the Future of Healthcare Innovation

Altair Engineering Quarterly Good Will

476.21 Million

Altair Engineering uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Altair Engineering. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Altair Engineering's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Altair Engineering Target Price Consensus

Altair target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Altair Engineering's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   7  Hold
Most Altair analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Altair stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Altair Engineering, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Altair Engineering Target Price Projection

Altair Engineering's current and average target prices are 110.59 and 105.97, respectively. The current price of Altair Engineering is the price at which Altair Engineering is currently trading. On the other hand, Altair Engineering's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Altair Engineering Market Quote on 29th of January 2025

Low Price110.32Odds
High Price110.59Odds

110.59

Target Price

Analyst Consensus On Altair Engineering Target Price

Low Estimate96.44Odds
High Estimate117.63Odds

105.975

Historical Lowest Forecast  96.44 Target Price  105.98 Highest Forecast  117.63
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Altair Engineering and the information provided on this page.

Know Altair Engineering's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Altair Engineering is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Altair Engineering backward and forwards among themselves. Altair Engineering's institutional investor refers to the entity that pools money to purchase Altair Engineering's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Conestoga Capital Advisors, Llc
1.1 M
Hhg Plc2024-09-30
1.1 M
T. Rowe Price Investment Management,inc.2024-09-30
982 K
Axa Sa2024-09-30
707.1 K
Wellington Management Company Llp2024-09-30
702.6 K
Candriam Luxembourg S.c.a.2024-09-30
700.7 K
Morgan Stanley - Brokerage Accounts2024-09-30
690.7 K
Ameriprise Financial Inc2024-09-30
688.3 K
Northern Trust Corp2024-09-30
687.8 K
Matrix Capital Management Company, Llc2024-09-30
12.4 M
Blackrock Inc2024-09-30
M
Note, although Altair Engineering's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Altair Engineering's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.44 B.

Market Cap

5.57 Billion

Project Altair Engineering's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.01)(0.01)
Return On Assets(0.01)(0.01)
Return On Equity(0.01)(0.01)
The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03.
When accessing Altair Engineering's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Altair Engineering's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Altair Engineering's profitability and make more informed investment decisions.

Evaluate Altair Engineering's management efficiency

Altair Engineering has return on total asset (ROA) of 0.0146 % which means that it generated a profit of $0.0146 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0447 %, meaning that it created $0.0447 on every $100 dollars invested by stockholders. Altair Engineering's management efficiency ratios could be used to measure how well Altair Engineering manages its routine affairs as well as how well it operates its assets and liabilities. As of 01/29/2025, Return On Tangible Assets is likely to drop to -0.01. In addition to that, Return On Capital Employed is likely to drop to 0.0003. At this time, Altair Engineering's Non Currrent Assets Other are relatively stable compared to the past year. As of 01/29/2025, Total Current Assets is likely to grow to about 846 M, while Net Tangible Assets are likely to drop slightly above 10.1 M.
Last ReportedProjected for Next Year
Book Value Per Share 7.94  8.34 
Tangible Book Value Per Share 1.89  1.99 
Enterprise Value Over EBITDA 103.50  74.74 
Price Book Value Ratio 8.58  9.01 
Enterprise Value Multiple 103.50  74.74 
Price Fair Value 8.58  9.01 
Enterprise Value5.1 B5.4 B
Understanding the operational decisions made by Altair Engineering management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue
14.2431
Revenue
644.7 M
Quarterly Revenue Growth
0.13
Revenue Per Share
7.748
Return On Equity
0.0447
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Altair Engineering insiders, such as employees or executives, is commonly permitted as long as it does not rely on Altair Engineering's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Altair Engineering insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Christ George J over three weeks ago
Disposition of 2176 shares by Christ George J of Altair Engineering at 95.3144 subject to Rule 16b-3
 
Stephanie Buckner over a month ago
Disposition of 1800 shares by Stephanie Buckner of Altair Engineering at .82 subject to Rule 16b-3
 
James R. Scapa Declaration Of Trust over two months ago
Disposition of 6500 shares by James R. Scapa Declaration Of Trust of Altair Engineering at 105.6904 subject to Rule 16b-3
 
Ravi Kunju over two months ago
Disposition of 360 shares by Ravi Kunju of Altair Engineering at 103.65 subject to Rule 16b-3
 
Gc Investments Llc over three months ago
Disposition of 2176 shares by Gc Investments Llc of Altair Engineering at 95.3144 subject to Rule 16b-3
 
Amy Messano over six months ago
Disposition of 1424 shares by Amy Messano of Altair Engineering at 61.93 subject to Rule 16b-3
 
Srikanth Mahalingam over six months ago
Acquisition by Srikanth Mahalingam of tradable shares of Altair Engineering at 71.68 subject to Rule 16b-3
 
Christ Revocable Trust over six months ago
Disposition of 25529 shares by Christ Revocable Trust of Altair Engineering at 99.1866 subject to Rule 16b-3
 
Brian Gayle over six months ago
Disposition of 1866 shares by Brian Gayle of Altair Engineering at 96.5704 subject to Rule 16b-3
 
Harris Teresa A over six months ago
Disposition of 620 shares by Harris Teresa A of Altair Engineering at 4.52 subject to Rule 16b-3
 
Gc Investments Llc over six months ago
Disposition of 1296 shares by Gc Investments Llc of Altair Engineering at 90.8614 subject to Rule 16b-3
 
Gc Investments Llc over six months ago
Disposition of 2200 shares by Gc Investments Llc of Altair Engineering at 91.1552 subject to Rule 16b-3

Altair Engineering Corporate Filings

8K
22nd of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
16th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
18th of December 2024
Other Reports
ViewVerify
4th of December 2024
Other Reports
ViewVerify
Altair Engineering time-series forecasting models is one of many Altair Engineering's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altair Engineering's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Altair Engineering Earnings Estimation Breakdown

The calculation of Altair Engineering's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Altair Engineering is estimated to be 0.5 with the future projection ranging from a low of 0.30655 to a high of 0.3475. Please be aware that this consensus of annual earnings estimates for Altair Engineering is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.24
0.31
Lowest
Expected EPS
0.5
0.35
Highest

Altair Engineering Earnings Projection Consensus

Suppose the current estimates of Altair Engineering's value are higher than the current market price of the Altair Engineering stock. In this case, investors may conclude that Altair Engineering is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Altair Engineering's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
776.72%
0.24
0.5
0.4

Altair Engineering Earnings per Share Projection vs Actual

Actual Earning per Share of Altair Engineering refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Altair Engineering predict the company's earnings will be in the future. The higher the earnings per share of Altair Engineering, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Altair Engineering Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Altair Engineering, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Altair Engineering should always be considered in relation to other companies to make a more educated investment decision.

Altair Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Altair Engineering's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-30
2024-09-300.160.240.0850 
2024-08-01
2024-06-300.150.160.01
2024-05-02
2024-03-310.340.40.0617 
2024-02-22
2023-12-310.410.460.0512 
2023-11-02
2023-09-300.040.140.1250 
2023-08-03
2023-06-300.140.150.01
2023-05-04
2023-03-310.290.360.0724 
2023-02-23
2022-12-310.190.310.1263 
2022-11-03
2022-09-300.010.050.04400 
2022-08-04
2022-06-300.090.130.0444 
2022-05-05
2022-03-310.30.380.0826 
2022-02-24
2021-12-310.090.190.1111 
2021-11-04
2021-09-300.010.110.11000 
2021-08-05
2021-06-300.010.070.06600 
2021-05-06
2021-03-310.210.310.147 
2021-02-25
2020-12-31-0.00130.170.171313176 
2020-11-05
2020-09-30-0.080.00460.0846105 
2020-08-06
2020-06-30-0.02-0.020.0
2020-05-07
2020-03-310.140.160.0214 
2020-02-27
2019-12-310.050.090.0480 
2019-11-07
2019-09-300.05-0.09-0.14280 
2019-08-08
2019-06-300.070.06-0.0114 
2019-05-09
2019-03-310.220.260.0418 
2019-02-28
2018-12-310.10.06-0.0440 
2018-11-08
2018-09-300.060.070.0116 
2018-08-09
2018-06-300.040.050.0125 
2018-05-14
2018-03-310.030.080.05166 
2018-03-21
2017-12-310.060.180.12200 
2017-11-30
2017-09-300.04-0.09-0.13325 
2017-07-25
2017-06-300-0.04-0.04

Altair Engineering Corporate Management

Already Invested in Altair Engineering?

The danger of trading Altair Engineering is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Altair Engineering is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Altair Engineering. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Altair Engineering is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Altair Stock Analysis

When running Altair Engineering's price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.