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Altair Engineering Inc (DE:8A2)
FRANKFURT:8A2
Holding DE:8A2?
Track your performance easily
8A2 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€55.00 - €93.50
Previous Close€88
Volume0.00
Average Volume (3M)16.00
Market Cap
€7.48B
Enterprise Value€7.25B
Total Cash (Recent Filing)$507.01M
Total Debt (Recent Filing)$259.14M
Price to Earnings (P/E)―
Beta0.67
Next Earnings
Oct 30, 2024EPS Estimate
€0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding84,886,191
10 Day Avg. Volume0
30 Day Avg. Volume16
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)9.50
Price to Sales (P/S)12.96
Price to Cash Flow (P/CF)71.20
P/FCF Ratio72.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.56
Enterprise Value/Gross Profit14.77
Enterprise Value/Ebitda87.99
Forecast
1Y Price Target
€83.30Price Target Upside-5.34% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Altair Engineering News
Bulls Say, Bears Say
Bulls Say
Market PerformanceManagement sees the aerospace and defense vertical as particularly strong for the quarter and expects the strength to continue into 2025.
Revenue GrowthAltair's Software Product Revenue grew 10.6%, outpacing the guidance of approximately 8%.
Strategic PositioningThe company remains well positioned to capitalize on the growing convergence of HPC, simulation, and data analytics through the company’s unique pooled unit model.
Bears Say
Performance RankingAltair's 'Rule Of' profile ranks in the bottom tercile of the broader coverage and lags behind the engineering software peer set.
Revenue OutlookThe company slightly trimmed its full-year revenue outlook, but attributed the cut to FX headwinds.
ValuationAltair’s valuation could limit future upside despite its strong positioning within the simulation landscape.
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8A2 FAQ
What was Altair Engineering Inc’s price range in the past 12 months?
Altair Engineering Inc lowest stock price was €55.00 and its highest was €93.50 in the past 12 months.
What is Altair Engineering Inc’s market cap?
Currently, no data Available
When is Altair Engineering Inc’s upcoming earnings report date?
Altair Engineering Inc’s upcoming earnings report date is Oct 30, 2024 which is in 11 days.
How were Altair Engineering Inc’s earnings last quarter?
Altair Engineering Inc released its earnings results on Aug 01, 2024. The company reported €0.146 earnings per share for the quarter, beating the consensus estimate of €0.142 by €0.005.
Is Altair Engineering Inc overvalued?
According to Wall Street analysts Altair Engineering Inc’s price is currently Overvalued.
Does Altair Engineering Inc pay dividends?
Altair Engineering Inc does not currently pay dividends.
What is Altair Engineering Inc’s EPS estimate?
Altair Engineering Inc’s EPS estimate is €0.15.
How many shares outstanding does Altair Engineering Inc have?
Altair Engineering Inc has 59,427,616 shares outstanding.
What happened to Altair Engineering Inc’s price movement after its last earnings report?
Altair Engineering Inc reported an EPS of €0.146 in its last earnings report, beating expectations of €0.142. Following the earnings report the stock price went down -3.846%.
Which hedge fund is a major shareholder of Altair Engineering Inc?
Among the largest hedge funds holding Altair Engineering Inc’s share is Matrix Capital Management Company, LP. It holds Altair Engineering Inc’s shares valued at 1B.
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Altair Engineering Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€83.30 (-5.34% Downside)
€83.30 (-5.34% Downside)
Blogger Sentiment
Bullish
DE:8A2 Sentiment 85%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $38.1M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.33%
12-Months-Change
Fundamentals
Return on Equity
3.78%
Trailing 12-Months
Asset Growth
6.38%
Trailing 12-Months
Company Description
Altair Engineering Inc
Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing and data intelligence. It operates through the following segments: Software and Client Engineering Services. The Software segment includes a portfolio of software products; as well as solvers and optimization technology products, modelling and visualization tools. The Client Engineering Services segment engages in the provision of client engineering services to support customers with long-term, ongoing product design and development expertise. The company was founded by James R. Scapa in 1985 and is headquartered in Troy, MI.
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8A2 Earnings Call
Q2 2024
0:00 / 0:00
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8A2 Stock 12 Month Forecast
Average Price Target
€83.30
▼(-5.34% Downside)
Technical Analysis
Best Analysts Covering 8A2
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+18.57%
reiterated a buy rating 2 months ago
Copying Kenneth Wong's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +18.57% per trade.
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