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Altair Engineering (ALTR) Competitors

Altair Engineering logo
$103.82 -0.18 (-0.17%)
(As of 11/13/2024 ET)

ALTR vs. VERX, SAIL, VRNS, ACIW, TENB, MPWR, FSLR, SWKS, MTSI, and LSCC

Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Vertex (VERX), SailPoint Technologies (SAIL), Varonis Systems (VRNS), ACI Worldwide (ACIW), Tenable (TENB), Monolithic Power Systems (MPWR), First Solar (FSLR), Skyworks Solutions (SWKS), MACOM Technology Solutions (MTSI), and Lattice Semiconductor (LSCC).

Altair Engineering vs.

Vertex (NASDAQ:VERX) and Altair Engineering (NASDAQ:ALTR) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, media sentiment, valuation, risk, community ranking, analyst recommendations and dividends.

Altair Engineering received 525 more outperform votes than Vertex when rated by MarketBeat users. Likewise, 58.11% of users gave Altair Engineering an outperform vote while only 46.07% of users gave Vertex an outperform vote.

CompanyUnderperformOutperform
VertexOutperform Votes
41
46.07%
Underperform Votes
48
53.93%
Altair EngineeringOutperform Votes
566
58.11%
Underperform Votes
408
41.89%

Vertex presently has a consensus target price of $52.30, suggesting a potential upside of 3.40%. Altair Engineering has a consensus target price of $100.71, suggesting a potential downside of 2.99%. Given Vertex's stronger consensus rating and higher possible upside, analysts clearly believe Vertex is more favorable than Altair Engineering.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vertex
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.82
Altair Engineering
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

59.1% of Vertex shares are held by institutional investors. Comparatively, 63.4% of Altair Engineering shares are held by institutional investors. 44.6% of Vertex shares are held by company insiders. Comparatively, 21.8% of Altair Engineering shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Vertex has a beta of 0.67, suggesting that its share price is 33% less volatile than the S&P 500. Comparatively, Altair Engineering has a beta of 1.44, suggesting that its share price is 44% more volatile than the S&P 500.

Altair Engineering has a net margin of 5.10% compared to Vertex's net margin of 4.73%. Vertex's return on equity of 24.92% beat Altair Engineering's return on equity.

Company Net Margins Return on Equity Return on Assets
Vertex4.73% 24.92% 6.65%
Altair Engineering 5.10%7.49%4.26%

Altair Engineering has higher revenue and earnings than Vertex. Altair Engineering is trading at a lower price-to-earnings ratio than Vertex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vertex$572.39M13.74-$13.09M$0.18281.00
Altair Engineering$644.66M13.70-$8.93M$0.38273.21

In the previous week, Vertex had 13 more articles in the media than Altair Engineering. MarketBeat recorded 33 mentions for Vertex and 20 mentions for Altair Engineering. Vertex's average media sentiment score of 0.71 beat Altair Engineering's score of 0.48 indicating that Vertex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Vertex
11 Very Positive mention(s)
3 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Altair Engineering
6 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Vertex beats Altair Engineering on 11 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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.
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ALTR vs. The Competition

MetricAltair EngineeringPrepackaged software IndustryConstruction SectorNASDAQ Exchange
Market Cap$8.83B$25.39B$9.95B$8.94B
Dividend YieldN/A2.29%1.79%4.03%
P/E Ratio273.2258.1630.1614.03
Price / Sales13.709.003.4792.24
Price / Cash134.4089.2822.0636.42
Price / Book10.559.275.445.97
Net Income-$8.93M$444.76M$516.02M$224.92M
7 Day Performance-0.16%1.92%0.32%0.32%
1 Month Performance9.49%6.07%3.94%5.66%
1 Year Performance47.58%25.25%60.63%31.71%

Altair Engineering Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTR
Altair Engineering
3.8266 of 5 stars
$103.82
-0.2%
$100.71
-3.0%
+47.6%$8.83B$644.66M273.223,200
VERX
Vertex
3.5555 of 5 stars
$49.29
-5.2%
N/A+85.1%$7.67B$643.23M273.831,500Earnings Report
Analyst Forecast
Insider Selling
High Trading Volume
SAIL
SailPoint Technologies
N/A$65.24
flat
N/AN/A$6.19B$438.95M-67.261,676
VRNS
Varonis Systems
4.2397 of 5 stars
$52.47
+0.2%
N/A+48.3%$5.90B$499.16M-69.962,233Positive News
ACIW
ACI Worldwide
2.7715 of 5 stars
$55.82
-3.8%
N/A+118.4%$5.84B$1.45B26.463,212Short Interest ↓
TENB
Tenable
4.3482 of 5 stars
$41.43
-0.9%
N/A+12.7%$4.98B$877.60M-81.241,999
MPWR
Monolithic Power Systems
4.9817 of 5 stars
$647.31
-15.0%
N/A+18.6%$31.58B$1.82B72.983,564Analyst Forecast
Insider Selling
News Coverage
Positive News
Gap Up
High Trading Volume
FSLR
First Solar
4.9722 of 5 stars
$193.83
-0.1%
N/A+36.1%$20.75B$3.32B16.706,700Analyst Upgrade
Short Interest ↑
SWKS
Skyworks Solutions
4.838 of 5 stars
$87.98
-1.3%
N/A-6.4%$14.05B$4.77B18.149,750Earnings Report
Dividend Announcement
Analyst Forecast
Insider Selling
Short Interest ↑
News Coverage
Gap Down
MTSI
MACOM Technology Solutions
2.5003 of 5 stars
$134.49
-2.4%
N/A+64.3%$9.71B$729.58M130.571,500Analyst Forecast
LSCC
Lattice Semiconductor
3.7163 of 5 stars
$52.56
-3.6%
N/A-7.7%$7.25B$737.15M51.031,156Gap Up

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This page (NASDAQ:ALTR) was last updated on 11/14/2024 by MarketBeat.com Staff
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