Altair Engineering, Inc. (ALTR)

Evaluation: Based on all recent filings, financial statements, and news.

See full evaluation
Ask a question about Altair Engineering, Inc. (ALTR)
Company Performance

Current Price

as of Dec 06, 2024

$106.17

P/E Ratio

282.59

Market Cap

$9.06B

Description

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 Ralph Scapa in 1985 and is headquartered in Troy, MI.

Metrics

Overview

  • HQTroy, MI
  • SectorTechnology Services
  • IndustryPackaged Software
  • TickerALTR
  • Price$106.17+0.41%

Trading Information

  • Market cap$9.06B
  • Float68.89%
  • Average Daily Volume (1m)853,238
  • Average Daily Volume (3m)878,058
  • EPS$0.40

Company

  • Revenue$644.66M
  • Rev growth (1yr)13.02%
  • Net income$1.78M
  • Gross margin74.08%
  • EBITDA margin3.03%
  • EBITDA$4.58M
  • EV$8.19B
  • EV/Revenue12.71
  • P/E282.59
  • P/S14.56
  • P/B10.78