ALTR vs. SAIL, VERX, TENB, CYBR, VRNS, FSLR, SWKS, LSCC, MTSI, and CRUS
Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include SailPoint Technologies (SAIL), Vertex (VERX), Tenable (TENB), CyberArk Software (CYBR), Varonis Systems (VRNS), First Solar (FSLR), Skyworks Solutions (SWKS), Lattice Semiconductor (LSCC), MACOM Technology Solutions (MTSI), and Cirrus Logic (CRUS).
SailPoint Technologies (NYSE:SAIL) and Altair Engineering (NASDAQ:ALTR) are both mid-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, institutional ownership, community ranking, valuation, earnings, dividends and media sentiment.
Altair Engineering has higher revenue and earnings than SailPoint Technologies. SailPoint Technologies is trading at a lower price-to-earnings ratio than Altair Engineering, indicating that it is currently the more affordable of the two stocks.
63.4% of Altair Engineering shares are owned by institutional investors. 2.0% of SailPoint Technologies shares are owned by company insiders. Comparatively, 21.8% of Altair Engineering shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
SailPoint Technologies has a beta of 1.41, indicating that its stock price is 41% more volatile than the S&P 500. Comparatively, Altair Engineering has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500.
Altair Engineering has a net margin of 1.55% compared to Altair Engineering's net margin of -18.58%. SailPoint Technologies' return on equity of 5.60% beat Altair Engineering's return on equity.
In the previous week, Altair Engineering had 5 more articles in the media than SailPoint Technologies. MarketBeat recorded 5 mentions for Altair Engineering and 0 mentions for SailPoint Technologies. SailPoint Technologies' average media sentiment score of 1.08 beat Altair Engineering's score of 0.00 indicating that Altair Engineering is being referred to more favorably in the news media.
Altair Engineering received 200 more outperform votes than SailPoint Technologies when rated by MarketBeat users. However, 65.41% of users gave SailPoint Technologies an outperform vote while only 58.61% of users gave Altair Engineering an outperform vote.
Altair Engineering has a consensus price target of $94.60, indicating a potential upside of 8.32%. Given SailPoint Technologies' higher possible upside, analysts clearly believe Altair Engineering is more favorable than SailPoint Technologies.
Summary
Altair Engineering beats SailPoint Technologies on 15 of the 17 factors compared between the two stocks.
Get Altair Engineering News Delivered to You Automatically
Sign up to receive the latest news and ratings for ALTR and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ALTR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Altair Engineering Competitors List
Related Companies and Tools
