ALTR vs. MCHP, MPWR, FSLR, SWKS, MTSI, LSCC, RMBS, CRUS, SMTC, and SLAB
Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Microchip Technology (MCHP), Monolithic Power Systems (MPWR), First Solar (FSLR), Skyworks Solutions (SWKS), MACOM Technology Solutions (MTSI), Lattice Semiconductor (LSCC), Rambus (RMBS), Cirrus Logic (CRUS), Semtech (SMTC), and Silicon Laboratories (SLAB). These companies are all part of the "semiconductors" industry.
Altair Engineering vs.
Altair Engineering (NASDAQ:ALTR) and Microchip Technology (NASDAQ:MCHP) are both construction companies, but which is the better stock? We will compare the two companies based on the strength of their risk, analyst recommendations, community ranking, institutional ownership, media sentiment, valuation, dividends, earnings and profitability.
Altair Engineering has a beta of 1.44, meaning that its share price is 44% more volatile than the S&P 500. Comparatively, Microchip Technology has a beta of 1.5, meaning that its share price is 50% more volatile than the S&P 500.
Microchip Technology received 367 more outperform votes than Altair Engineering when rated by MarketBeat users. Likewise, 68.75% of users gave Microchip Technology an outperform vote while only 58.11% of users gave Altair Engineering an outperform vote.
In the previous week, Microchip Technology had 8 more articles in the media than Altair Engineering. MarketBeat recorded 15 mentions for Microchip Technology and 7 mentions for Altair Engineering. Altair Engineering's average media sentiment score of 1.27 beat Microchip Technology's score of 0.17 indicating that Altair Engineering is being referred to more favorably in the media.
63.4% of Altair Engineering shares are held by institutional investors. Comparatively, 91.5% of Microchip Technology shares are held by institutional investors. 21.8% of Altair Engineering shares are held by insiders. Comparatively, 2.1% of Microchip Technology shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Microchip Technology has a net margin of 14.22% compared to Altair Engineering's net margin of 5.10%. Microchip Technology's return on equity of 19.47% beat Altair Engineering's return on equity.
Altair Engineering pays an annual dividend of $0.72 per share and has a dividend yield of 0.7%. Microchip Technology pays an annual dividend of $1.82 per share and has a dividend yield of 3.3%. Altair Engineering pays out 189.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Microchip Technology pays out 127.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Microchip Technology has increased its dividend for 23 consecutive years. Microchip Technology is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Altair Engineering currently has a consensus target price of $100.71, indicating a potential downside of 7.60%. Microchip Technology has a consensus target price of $89.63, indicating a potential upside of 61.47%. Given Microchip Technology's stronger consensus rating and higher possible upside, analysts plainly believe Microchip Technology is more favorable than Altair Engineering.
Microchip Technology has higher revenue and earnings than Altair Engineering. Microchip Technology is trading at a lower price-to-earnings ratio than Altair Engineering, indicating that it is currently the more affordable of the two stocks.
Summary
Microchip Technology beats Altair Engineering on 17 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:ALTR) was last updated on 12/23/2024 by MarketBeat.com Staff
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