Back to top
more

Altair Engineering (ALTR)

(Real Time Quote from BATS)

$83.44 USD

83.44
116,722

-0.34 (-0.41%)

Updated Apr 24, 2024 03:12 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value B Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 32% (81 out of 252)

Industry: Engineering - R and D Services

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for ALTR

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for Altair Engineering Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 467 316 414 241 223
Receivables 207 182 147 125 112
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 26 29 28 21 17
Total Current Assets 701 527 588 387 352
Net Property & Equipment 40 38 40 36 36
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 10 10 9 7 6
Intangibles 542 557 469 341 301
Deposits & Other Assets 41 40 28 25 20
Total Assets 1,363 1,205 1,163 830 743
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 9 10 7 9 9
Current Portion Long-Term Debt 81 0 200 30 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 93 99 165 66 59
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 131 113 93 86 75
Total Current Liabilities 324 233 474 201 153
Mortgages 0 0 0 0 0
Deferred Taxes/Income 32 31 13 9 8
Convertible Debt 226 306 0 0 0
Long-Term Debt 0 0 0 189 178
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 47 41 44 28 29
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 652 635 550 451 388
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 864 721 724 475 447
Retained Earnings -131 -122 -102 -93 -82
Other Equity -22 -30 -9 -3 -10
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 711 570 613 379 355
Total Liabilities & Shareholder's Equity 1,363 1,205 1,163 830 743
Total Common Equity 711 570 613 379 355
Shares Outstanding 82.00 80.00 79.20 74.30 72.40
Book Value Per Share 8.67 7.12 7.74 5.10 4.90

Fiscal Year End for Altair Engineering Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 467 431 418 378
Receivables NA 207 134 139 142
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 26 27 30 28
Total Current Assets NA 701 592 587 549
Net Property & Equipment NA 40 38 39 38
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 10 8 8 10
Intangibles NA 542 539 548 553
Deposits & Other Assets NA 41 42 44 44
Total Assets NA 1,363 1,252 1,256 1,226
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 9 5 5 6
Current Portion Long-Term Debt NA 81 81 81 81
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 93 90 102 89
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 131 111 122 114
Total Current Liabilities NA 324 297 319 300
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 32 28 27 28
Convertible Debt NA 226 226 225 225
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 44 43 42
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 652 618 636 619
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 864 817 790 753
Retained Earnings NA -131 -150 -146 -124
Other Equity NA -22 -32 -24 -23
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 711 634 620 607
Total Liabilities & Shareholder's Equity NA 1,363 1,252 1,256 1,226
Total Common Equity 0 711 634 620 607
Shares Outstanding 82.40 82.00 81.60 81.20 80.60
Book Value Per Share 0.00 8.67 7.77 7.64 7.53