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ALTERA CP (NASD)
ALTR 21.07 0.03 (0.14%) Vol.  3,233,918 15:59 ET

Day Low - High 20.96 - 21.12
52wk Low - High 12.99 - 22.15
Avg Volume 6,581,620
Industry ELEC COMP-SEMIC
Market Cap 6.19 B
Div - Yield 0.20 - 0.95
PE (forward) 28.12
PEG Ratio 1.87
Current Year Est. .75
EPS Last Year 0.80
Detailed Quote


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Zacks Rank

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Zacks Rank Definition Annualized Return
#1 Strong Buy 26.51%
#2 Buy 16.63%
#3 Hold 7.53%
#4 Sell 2.01%
#5 Strong Sell -0.07%
S&P 500 8.70%
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downgraded 11/06/2009
Short-Term Rating 1-3 Months
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Long-Term Rating 6+ Months
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Updated as of 08/19/2009
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Premium Research: Industry Analysis

Top Peers Ticker Zacks Rank
ALTERA CP ALTR PREMIUM
XILINX INC XLNX PREMIUM
ANALOG DEVICES ADI PREMIUM
LSI CORP LSI PREMIUM
See all ELEC COMP-SEMIC Peers

BROKERAGE RECOMMENDATIONS
Current ABR 2.05
ABR (Last Week) 2.05
# of Recs in ABR 21
Average Target Price 22.84
Industry Rank by ABR 107 out of 217
Rank in Industry 50 out of 103
More Brokerage Recommendations

Zacks Community PeopleAndPicks.com
Community Rating

PeopleAndPicks.com Community Stock Ratings

Rating Recommendation % of Stocks
5 stars Strong Buy 10%
4 stars Buy 20%
3 stars Hold 40%
2 stars Sell 20%
1 stars Strong Sell 10%
0 stars Not Rated  

We believe that a community of investors working together can create a superior stock rating system. Some call this "collective intelligence". Or simply...together we can beat the market!

A stock's Community Rating is calculated based on the aggregate input of the PeopleAndPicks Community. The proportion of buy to sell ratings, recency of analysis, and the average score of the users who rate it favorably all factor into a score of one to five stars.


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Find out what the Zacks Community
thinks of ALTR at PeopleAndPicks.com

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ZACKS COMMENTARY FOR ALTR
Zacks Blog: Company News for November 3, 2009
Nov 03, 2009
Zacks Blog: Xilinx Sales Grow Sequentially
Oct 15, 2009
Zacks Blog: Zacks Analyst Blog Highlights: Linear Technology, Maxim Integrated Products, Intersil Corporation, Semtech and Altera Corporation
Oct 15, 2009
Zacks Blog: Altera Meets Expectations
Oct 14, 2009
Zacks Blog: Earnings Preview for Xilinx
Oct 14, 2009
More Zacks Commentary
NEWS
Altera's Stratix IV GT FPGAs Wins Best Product Award at EDN China's 2009 Innovation Awards
Nov 24, 2009
Over 100 countries to attend World Future Energy Summit in Abu Dhabi
Nov 24, 2009
Altera Introduces Serial RapidIO 2.1 IP Solution
Nov 21, 2009
Altera Signs Distribution Agreement with Newark
Nov 20, 2009
Altera Signs Distribution Agreement with Newark
Nov 20, 2009
More News
EARNINGS ESTIMATES
  This Quarter
12/2009
Next Quarter
03/2010
This Year
12/2009
Next Year
12/2010
Average Estimate 0.24 0.25 0.75 1.09
Number of Estimates 19 17 21 19
Low Estimates 0.14 0.20 0.64 0.90
High Estimate 0.25 0.28 0.81 1.25
Year Ago EPS 0.28 0.17 1.18 0.75
EPS Growth -15.23% 47.40% -36.60% 46.27%

More Estimates

COMPANY DESCRIPTION
Altera Corporation designs, manufactures, and markets a broad range of high-performance, high-density programmable logic devices and associated development tools, focusing on ease of use, lower risk, and fast time-to-market. Altera's solution to customer needs includes a combination of silicon and software products. The company sells the widest range of product families, allowing customers to find the density, speed, and package type to meet almost any need.

Full Company Report
FINANCIALS
EPS TTM .8
Sales 1367.22
Net Income 231.13
Price/Earnings 26.3
Price/Book 6.46
Price/Cash Flow 16.06
Price/Sales 5.41


More Financials