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Altair Engineering (ALTR) Competitors

$87.33
-1.03 (-1.17%)
(As of 05/31/2024 ET)

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).

Altair Engineering vs.

SailPoint Technologies (NYSE:SAIL) and Altair Engineering (NASDAQ:ALTR) are both mid-cap business services companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, community ranking, media sentiment, dividends, profitability and analyst recommendations.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SailPoint Technologies$438.95M14.09-$61.63M-$0.97-67.26
Altair Engineering$612.70M11.90-$8.93M$0.09975.56

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.

CompanyUnderperformOutperform
SailPoint TechnologiesOutperform Votes
365
65.41%
Underperform Votes
193
34.59%
Altair EngineeringOutperform Votes
565
58.61%
Underperform Votes
399
41.39%

In the previous week, Altair Engineering had 8 more articles in the media than SailPoint Technologies. MarketBeat recorded 8 mentions for Altair Engineering and 0 mentions for SailPoint Technologies. SailPoint Technologies' average media sentiment score of 0.81 beat Altair Engineering's score of 0.00 indicating that Altair Engineering is being referred to more favorably in the news media.

Company Overall Sentiment
SailPoint Technologies Neutral
Altair Engineering Positive

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 stock will outperform the market over the long term.

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.

Company Net Margins Return on Equity Return on Assets
SailPoint Technologies-18.58% -15.79% -5.53%
Altair Engineering 1.55%5.60%2.91%

Altair Engineering has a consensus price target of $94.60, suggesting a potential upside of 7.78%. Given SailPoint Technologies' higher possible upside, analysts clearly believe Altair Engineering is more favorable than SailPoint Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SailPoint Technologies
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Altair Engineering
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

SailPoint Technologies has a beta of 1.41, meaning that its stock price is 41% more volatile than the S&P 500. Comparatively, Altair Engineering has a beta of 1.42, meaning that its stock price is 42% more volatile than the S&P 500.

Summary

Altair Engineering beats SailPoint Technologies on 15 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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$7.29B$21.31B$8.59B$7.87B
Dividend YieldN/A2.17%1.97%4.02%
P/E Ratio975.5656.2922.3915.21
Price / Sales11.908.183.6574.55
Price / Cash115.8969.9716.1130.94
Price / Book9.558.624.644.58
Net Income-$8.93M$366.04M$500.16M$213.53M
7 Day Performance-5.49%-3.67%-0.37%0.39%
1 Month Performance9.14%-3.42%4.78%3.28%
1 Year Performance19.73%3.95%37.23%8.17%

Altair Engineering Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SAIL
SailPoint Technologies
0 of 5 stars
$65.24
flat
N/AN/A$6.19B$438.95M-67.261,676
VERX
Vertex
1.3678 of 5 stars
$33.24
+1.3%
$35.67
+7.3%
+52.2%$5.16B$572.39M831.001,500Short Interest ↑
Positive News
TENB
Tenable
3.9657 of 5 stars
$42.53
-1.0%
$57.20
+34.5%
+6.0%$5.06B$798.71M-73.331,999Insider Selling
CYBR
CyberArk Software
2.7071 of 5 stars
$233.54
-1.7%
$267.29
+14.5%
+48.7%$9.87B$751.89M-364.913,018Short Interest ↑
Analyst Revision
Positive News
VRNS
Varonis Systems
2.6761 of 5 stars
$44.82
-2.0%
$49.06
+9.5%
+70.0%$5.00B$505.85M-47.682,233Positive News
FSLR
First Solar
4.5307 of 5 stars
$278.19
-0.7%
$239.16
-14.0%
+36.7%$29.78B$3.32B29.166,700Analyst Forecast
Short Interest ↑
Analyst Revision
SWKS
Skyworks Solutions
4.9644 of 5 stars
$90.02
-1.5%
$106.25
+18.0%
-13.6%$14.44B$4.77B16.929,750Insider Selling
Positive News
LSCC
Lattice Semiconductor
3.888 of 5 stars
$76.24
-1.6%
$82.09
+7.7%
-10.2%$10.49B$737.15M48.871,156Positive News
MTSI
MACOM Technology Solutions
3.2271 of 5 stars
$101.97
-2.4%
$111.00
+8.9%
+68.5%$7.35B$648.41M115.881,500Insider Selling
CRUS
Cirrus Logic
4.0944 of 5 stars
$115.14
-1.3%
$107.86
-6.3%
+48.0%$6.21B$1.79B23.351,702Insider Selling
Short Interest ↑

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This page (NASDAQ:ALTR) was last updated on 5/31/2024 by MarketBeat.com Staff

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