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Altair Engineering (ALTR) Competitors

Altair Engineering logo
$105.20 +0.85 (+0.81%)
(As of 11/22/2024 ET)

ALTR vs. VERX, SAIL, ACIW, VRNS, 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), ACI Worldwide (ACIW), Varonis Systems (VRNS), Tenable (TENB), Monolithic Power Systems (MPWR), First Solar (FSLR), Skyworks Solutions (SWKS), MACOM Technology Solutions (MTSI), and Lattice Semiconductor (LSCC).

Altair Engineering vs.

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

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

Altair Engineering presently has a consensus price target of $100.71, indicating a potential downside of 4.26%. Vertex has a consensus price target of $52.30, indicating a potential downside of 2.84%. Given Vertex's stronger consensus rating and higher probable upside, analysts plainly believe Vertex is more favorable than Altair Engineering.

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

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
Altair Engineering$644.66M13.88-$8.93M$0.38276.84
Vertex$572.39M14.67-$13.09M$0.18299.06

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

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

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
Altair Engineering5.10% 7.49% 4.26%
Vertex 4.73%24.92%6.65%

In the previous week, Vertex had 7 more articles in the media than Altair Engineering. MarketBeat recorded 13 mentions for Vertex and 6 mentions for Altair Engineering. Altair Engineering's average media sentiment score of 1.26 beat Vertex's score of 0.61 indicating that Altair Engineering is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Altair Engineering
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Vertex
8 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Vertex beats Altair Engineering on 10 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$8.95B$25.38B$10.10B$8.84B
Dividend YieldN/A2.26%1.82%4.09%
P/E Ratio276.8596.9130.6317.69
Price / Sales13.8813.822.70162.66
Price / Cash134.7287.8021.4636.29
Price / Book10.698.955.076.50
Net Income-$8.93M$444.73M$515.90M$226.03M
7 Day Performance1.40%7.15%2.63%3.96%
1 Month Performance2.14%10.13%3.68%3.77%
1 Year Performance46.64%29.20%49.36%29.32%

Altair Engineering Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTR
Altair Engineering
3.839 of 5 stars
$105.20
+0.8%
$100.71
-4.3%
+46.6%$8.95B$644.66M276.853,200Positive News
VERX
Vertex
3.183 of 5 stars
$53.42
+2.1%
$52.30
-2.1%
+98.6%$8.33B$572.39M296.721,500Insider Trade
SAIL
SailPoint Technologies
N/A$65.24
flat
N/AN/A$6.19B$438.95M-67.261,676
ACIW
ACI Worldwide
2.9208 of 5 stars
$55.72
+1.8%
$49.50
-11.2%
+127.3%$5.84B$1.45B26.413,212
VRNS
Varonis Systems
4.0539 of 5 stars
$50.31
+0.7%
$59.67
+18.6%
+26.5%$5.66B$499.16M-67.082,233Positive News
TENB
Tenable
4.1383 of 5 stars
$41.86
+2.5%
$50.81
+21.4%
+7.5%$5.03B$798.71M-80.041,999Insider Trade
MPWR
Monolithic Power Systems
4.9795 of 5 stars
$566.04
+1.1%
$882.64
+55.9%
+6.4%$27.61B$1.82B63.143,564Analyst Forecast
News Coverage
FSLR
First Solar
4.9501 of 5 stars
$182.66
-1.2%
$280.50
+53.6%
+16.5%$19.56B$3.32B15.736,700Analyst Forecast
Analyst Revision
SWKS
Skyworks Solutions
4.865 of 5 stars
$85.13
+2.0%
$101.00
+18.6%
-9.4%$13.61B$4.18B23.019,750Positive News
MTSI
MACOM Technology Solutions
2.185 of 5 stars
$131.33
+3.0%
$125.91
-4.1%
+59.7%$9.51B$729.58M127.511,700Insider Trade
LSCC
Lattice Semiconductor
2.8771 of 5 stars
$52.10
+2.7%
$58.42
+12.1%
-6.7%$7.19B$737.15M49.271,156Insider Trade
Positive News

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This page (NASDAQ:ALTR) was last updated on 11/23/2024 by MarketBeat.com Staff
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