Altair Engineering Inc. with ticker code (ALTR) have now 8 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 81 and 67 calculating the average target price we see $73.50. Given that the stocks previous close was at $71.36 this would imply there is now a potential upside of 3.0%. The day 50 moving average is $69.41 and the 200 day moving average is $55.53. The company has a market capitalization of 5.64B. The current share price for the company is: 69.91 USD
The potential market cap would be $5,811,559,964 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of -, revenue per share of 7.26 and a -1.19% return on assets.
Altair Engineering Inc. is engaged in computational science and artificial intelligence. The Company delivers software and cloud solutions in the areas of simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI). The Company operates through two segments: Software and Client Engineering Services. The Software segment includes software, software services, and software-related services. The software component of this segment includes ITS portfolio of software products, including ITS solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products, Internet of things (IoT) platform and analytics tools as well as support and the complementary software products that offer through its Altair Partner Alliance (APA). The Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise.