Altair Engineering-a share price today

(ALTR)

Altair Engineering-a share price is $109.02 & ₹9,288.29 as on 25 Dec 2024, 2.30 'hrs' IST

$109.02

▲

0.31

(0.29%)

Market is closed - opens 8 PM, 26 Dec 2024

View live Altair Engineering-a share price in Dollar and Rupees. Guide to invest in Altair Engineering-a from India. Also see the sentimental analysis on Indian investors investing in Altair Engineering-a. Get details on the Indian mutual funds that are investing in Altair Engineering-a. Get Analyst recommendations and forecasts along with all the Altair Engineering-a's financials.

Altair Engineering-a share price movements

Today's Low: $108.75
Today's High: $109.02
$109.02
0.25%
Downside
Day's Volatility :0.25%
Upside
0.0%
52 Weeks Low: $75.71
52 Weeks High: $113.12
$109.02
30.55%
Downside
52 Weeks Volatility :33.07%
Upside
3.62%

Altair Engineering-a Returns

Period	Altair Engineering Inc.-a	Sector (Technology)	Index (Russel 2000)
3 Months	14.69%	7.3%	0.0%
6 Months	11.39%	6.2%	0.0%
1 Year	29.42%	25.2%	0.0%
3 Years	44.61%	39.1%	-21.1%

Altair Engineering-a Key Statistics

in dollars & INR

Previous Close	$108.71
Open	$108.8
Today's High	$109.02
Today's Low	$108.75
Market Capitalization	$9.3B
Today's Volume	$222.3K
52 Week High	$113.12
52 Week Low	$75.71
Revenue TTM	$644.7M
EBITDA	$71.7M
Earnings Per Share (EPS)	$0.4
PE Ratio	271.77
Profit Margin	5.1%
Quarterly Earnings Growth YOY	0.63%
Return On Equity TTM	4.47%

How to invest in Altair Engineering-a from India?

It is very easy for Indian residents to invest directly in Altair Engineering-a from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Altair Engineering-a stock in both Indian Rupees (INR) and US Dollars (USD). Search for Altair Engineering-a or ALTR on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Altair Engineering-a or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Altair Engineering-a shares which would translate to 0.008 fractional shares of Altair Engineering-a as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Altair Engineering-a, in just a few clicks!

Returns in Altair Engineering-a for Indian investors in Rupees

Investment Value

₹1,00,000

Altair Engineering-a investment value today

Current value as on today

₹1,31,842

Returns

₹31,842

(+31.84%)

Returns from Altair Engineering-a Stock

₹29,416 (+29.42%)

Dollar Returns

₹2,426 (+2.43%)

Indian investors sentiment towards Altair Engineering-a

-61%

Period: Sep 26, 2024 to Dec 25, 2024. Change in 30 Days versus previous period

Search volume for Altair Engineering-a on INDmoney from India has reduced in the last 30 days as on Dec 26, 2024. -61% less investors are searching Altair Engineering-a in the last 30 days versus the previous period.

Global Institutional Holdings in Altair Engineering-a

Matrix Capital Management Company, LLC
14.59%
BlackRock Inc
9.25%
Vanguard Group Inc
7.72%
Conestoga Capital Advisors, LLC
2.96%
Pictet Asset Manangement SA
2.67%
State Street Corp
2.41%

Analyst Recommendation on Altair Engineering-a

Buy

68%Buy

31%Hold

0%Sell

Based on 16 Wall street analysts offering stock ratings for Altair Engineering-a(by analysts ranked 0 to 5 stars)

Based on 16 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Altair Engineering-a

What analysts predicted

Downside of 2.79%

Current:

$109.02

Target:

$105.98

Insights on Altair Engineering-a

Price Movement
In the last 1 month, ALTR stock has moved up by 3.0%
Increasing Revenue
Revenue is up for the last 2 quarters, 148.79M → 151.45M (in $), with an average increase of 1.8% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -5.14M → 1.77M (in $), with an average increase of 389.3% per quarter
ALTR vs PLTR (1 yr)
In the last 1 year, Palantir Technologies Inc has given 373.2% return, outperforming this stock by 342.3%
ALTR vs PLTR (3 yr)
In the last 3 years, Palantir Technologies Inc has given 335.2% return, outperforming this stock by 287.4%
Price to Sales
ForALTR every $1 of sales, investors are willing to pay $14.1, whereas for Palantir Technologies Inc, the investors are paying $69.1 for every $1 of sales.

Altair Engineering-a Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$396.4M	↑ 18.91%
Net Income	$13.7M	↓ 113.8%
Net Profit Margin	3.46%	↑ 33.28%

	FY19	Y/Y Change
Revenue	$458.9M	↑ 15.78%
Net Income	$-7.5M	↓ 154.99%
Net Profit Margin	-1.64%	↓ 5.1%

	FY20	Y/Y Change
Revenue	$469.9M	↑ 2.4%
Net Income	$-10.5M	↑ 39.22%
Net Profit Margin	-2.23%	↓ 0.59%

	FY21	Y/Y Change
Revenue	$532.2M	↑ 13.25%
Net Income	$-8.8M	↓ 16.25%
Net Profit Margin	-1.65%	↑ 0.58%

	FY22	Y/Y Change
Revenue	$572.2M	↑ 7.52%
Net Income	$-43.4M	↑ 393.85%
Net Profit Margin	-7.59%	↓ 5.94%

	FY23	Y/Y Change
Revenue	$612.7M	↑ 7.07%
Net Income	$-8.9M	↓ 79.45%
Net Profit Margin	-1.46%	↑ 6.13%

	Q2 FY23	Q/Q Change
Revenue	$141.2M	↓ 14.98%
Net Income	$-22.3M	↑ 1037.31%
Net Profit Margin	-15.78%	↓ 14.6%

	Q3 FY23	Q/Q Change
Revenue	$134.0M	↓ 5.07%
Net Income	$-4.4M	↓ 80.42%
Net Profit Margin	-3.26%	↑ 12.52%

	Q4 FY23	Q/Q Change
Revenue	$171.5M	↑ 27.98%
Net Income	$19.7M	↓ 551.05%
Net Profit Margin	11.47%	↑ 14.73%

	Q1 FY24	Q/Q Change
Revenue	$172.9M	↑ 0.82%
Net Income	$16.5M	↓ 15.9%
Net Profit Margin	9.57%	↓ 1.9%

	Q2 FY24	Q/Q Change
Revenue	$148.8M	↓ 13.95%
Net Income	$-5.1M	↓ 131.11%
Net Profit Margin	-3.46%	↓ 13.03%

	Q3 FY24	Q/Q Change
Revenue	$151.5M	↑ 1.78%
Net Income	$1.8M	↓ 134.56%
Net Profit Margin	1.17%	↑ 4.63%

	FY18	Y/Y Change
Profit	$280.4M	↑ 23.67%

	FY19	Y/Y Change
Profit	$326.3M	↑ 16.37%

	FY20	Y/Y Change
Profit	$348.6M	↑ 6.83%

	FY21	Y/Y Change
Profit	$402.5M	↑ 15.46%

	FY22	Y/Y Change
Profit	$449.3M	↑ 11.63%

	FY23	Y/Y Change
Profit	$490.9M	↑ 9.25%

	Q2 FY23	Q/Q Change
Profit	$110.4M	↓ 17.21%

	Q3 FY23	Q/Q Change
Profit	$104.9M	↓ 4.94%

	Q4 FY23	Q/Q Change
Profit	$142.3M	↑ 35.66%

	Q1 FY24	Q/Q Change
Profit	$142.0M	↓ 0.22%

	Q2 FY24	Q/Q Change
Profit	$110.7M	↓ 22.09%

	Q3 FY24	Q/Q Change
Profit	$121.4M	↑ 9.75%

	FY18	Y/Y Change
Operating Cash Flow	$36.2M	↑ 125.16%
Investing Cash Flow	$-206.2M	↑ 729.79%
Financing Cash Flow	$167.5M	↑ 466.78%

	FY19	Y/Y Change
Operating Cash Flow	$31.4M	↓ 13.35%
Investing Cash Flow	$-35.8M	↓ 82.62%
Financing Cash Flow	$191.9M	↑ 14.56%

	FY20	Y/Y Change
Operating Cash Flow	$32.9M	↑ 4.74%
Investing Cash Flow	$-49.1M	↑ 36.98%
Financing Cash Flow	$31.3M	↓ 83.72%

	FY21	Y/Y Change
Operating Cash Flow	$61.6M	↑ 87.41%
Investing Cash Flow	$-62.5M	↑ 27.28%
Financing Cash Flow	$175.9M	↑ 463.03%

	FY22	Y/Y Change
Operating Cash Flow	$39.6M	↓ 35.79%
Investing Cash Flow	$-154.5M	↑ 147.29%
Financing Cash Flow	$23.0M	↓ 86.94%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$30.0M	↓ 49.27%
Investing Cash Flow	$-5.2M	↑ 66.83%
Financing Cash Flow	$15.5M	↑ 184.92%

Altair Engineering-a Technicals Summary

Sell

Neutral

Buy

Altair Engineering-a is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Altair Engineering-a Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Altair Engineering Inc.-a	2.98%	11.39%	29.42%	44.61%	57.82%
Microsoft Corporation	4.9%	-2.99%	17.45%	28.29%	178.78%
Palantir Technologies Inc	27.42%	226.65%	371.55%	334.95%	767.16%
Palo Alto Networks, Inc.	-1.9%	11.21%	27.4%	100.07%	391.32%
Adobe Systems Inc.	-13.65%	-18.07%	-24.85%	-22.46%	36.43%
Oracle Corp.	-8.82%	22.28%	61.8%	91.43%	225.26%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Altair Engineering Inc.-a	271.78	271.77	6.47	1.31	0.04	0.01	NA	9.85
Microsoft Corporation	35.97	35.97	2.28	11.8	0.36	0.15	0.01	38.69
Palantir Technologies Inc	403.45	403.45	3.46	0.38	0.12	0.05	NA	1.98
Palo Alto Networks, Inc.	49.1	49.1	2.08	5.57	0.75	0.03	NA	15.9
Adobe Systems Inc.	36.11	36.11	1.46	18.27	0.35	0.16	NA	32.69
Oracle Corp.	41.35	41.35	1.83	5.59	1.56	0.07	0.01	3.16

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Altair Engineering Inc.-a	Buy	$9.3B	57.82%	271.78	5.1%
Microsoft Corporation	Buy	$3.2T	178.78%	35.97	35.61%
Palantir Technologies Inc	Hold	$183.8B	767.16%	403.45	18.01%
Palo Alto Networks, Inc.	Buy	$124.4B	391.32%	49.1	32.11%
Adobe Systems Inc.	Buy	$196.7B	36.43%	36.11	25.59%
Oracle Corp.	Buy	$473.1B	225.26%	41.35	20.4%

About Altair Engineering-a

altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. privately held with more than 2,500 employees, altair has more than 45 offices in 24 countries throughout north america, south america, europe and asia/pacific. with a 30-year track record for product design, advanced engineering software, on-demand computing technologies and enterprise analytics solutions, altair consistently delivers a competitive advantage to more than 5,000 corporate clients representing the automotive, aerospace, government and defense, and consumer products verticals. altair also has a growing client presence in the life sciences, financial services and energy markets.

Organization	Altair Engineering-a
Employees	3400
CEO	Mr. James R. Scapa
Industry	Technology Services

Management People of Altair Engineering-a

Name	Title
Mr. James R. Scapa	Founder, Chairman & CEO
Mr. Srikanth Mahalingam	Chief Technology Officer
Mr. Nelson Dias	Chief Revenue Officer
Mr. Stephen Palmtag	Head of Investor Relations
Ms. Amy Messano	Chief Marketing Officer
Mr. Ming Zhou	Senior Vice President of Software Development - Structural Analysis and Optimization
Mr. Jeffrey Marraccini	Chief Information Security Officer

Important FAQs about investing in Altair Engineering-a from India :

What is Altair Engineering-a share price today?

Altair Engineering-a share price today stands at $109.02, Open: $108.80 ; Previous Close: $108.71 ; High: $109.02 ; Low: $108.75 ; 52 Week High: $113.12 ; 52 Week Low: $75.71. The stock opens at $108.80, after a previous close of $108.71. The stock reached a daily high of $109.02 and a low of $108.75, with a 52-week high of $113.12 and a 52-week low of $75.71.

Can Indians buy Altair Engineering-a shares?

Yes, Indians can invest in the Altair Engineering-a (ALTR) from India.

With INDmoney, you can buy Altair Engineering-a at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Altair Engineering-a at zero transaction cost.

How can I buy Altair Engineering-a shares from India?

It is very easy to buy Altair Engineering-a from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Altair Engineering-a be purchased?

Yes, you can buy fractional shares of Altair Engineering-a with INDmoney app.

What are the documents required to start investing in Altair Engineering-a stocks?

To start investing in Altair Engineering-a, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.