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ALTR

Altair Engineering Inc.
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About Altair Engineering Inc.

Altair Engineering Inc., along with its affiliates, delivers cutting-edge software and cloud-based solutions globally, spanning critical domains such as simulation, high-performance computing (HPC), data analytics, and artificial intelligence. The company operates through two primary divisions: Software Segment: This segment encompasses a wide array of products, including advanced solvers and optimization technologies, HPC software applications complemented by hardware, intuitive modeling and visualization tools, comprehensive data analytics platforms, and an Internet of Things (IoT) platform with integrated analytics capabilities. It also features specialized software for computational fluid dynamics (CFD), fatigue analysis, manufacturing process simulation, and cost estimation, catering to diverse sectors like marine, motorcycle, aerospace, chemical, and architecture. Beyond products, it offers expert software-related services such as consulting, implementation, and training, applying deep product design and development expertise from component-level analysis to complete product engineering across the entire lifecycle. Client Engineering Services Segment: This division focuses on providing direct engineering support to clients. Furthermore, Altair develops and markets solid-state lighting technology, specifically LED lamps designed to directly replace fluorescent tubes, utilizing its proprietary communication and control protocols. Its sophisticated, integrated software suite empowers users to optimize design performance across multiple engineering disciplines, including structural integrity, motion dynamics, fluid dynamics, thermal management, electromagnetics, system modeling, and embedded systems. Altair serves a broad and varied customer base, which includes academic institutions, governmental bodies, manufacturing enterprises, pharmaceutical companies, financial services firms (banking, finance, insurance), meteorological agencies, and electronics design companies. Founded in 1985, Altair Engineering Inc. maintains its corporate headquarters in Troy, Michigan.

CEO
James R. Scapa
IPO Date
Nov 1, 2017

Market Data

OpenThe first traded price for the current trading session.
$111.85
HighThe highest traded price in the current trading session.
$111.85
LowThe lowest traded price in the current trading session.
$111.85
VolumeTotal shares traded during the current trading session.
888.8K
Avg VolumeAverage number of shares traded per session, as reported by FMP.
790.5K
52W HighThe highest traded price over the past 52 weeks.
$113.12
52W LowThe lowest traded price over the past 52 weeks.
$75.71

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$9.6B
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$9.3B
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
$140M
RevenueTotal sales from the latest annual income statement.
$666M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
$14M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$562M
DebtTotal debt from the latest balance sheet.
$259M

Events

EarningsFeb 20

EPS est. 0.51 · actual 0.52

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