Dec. 17, 2019 Price forecast | 2 weeks: -3.55% | 1 month: -7.90% | 3 months: -8.93%


ALTR stock forecast

Our latest prediction for Altair Engineering, Inc.'s stock price was made on the Dec. 17, 2019 when the stock price was at 34.41$.

In the short term (2weeks), ALTR's stock price should underperform the market by -3.55%. During that period the price should oscillate between -6.89% and +4.89%.

In the medium term (3months), ALTR's stock price should underperform the market by -8.93%. During that period the price should oscillate between -22.32% and +11.39%.


About Altair Engineering, Inc.

Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing and data intelligence. It operates through the following segments: Software and Client Engineering Services. The Software segment includes a portfolio of software products; as well as solvers and optimization technology products, modelling and visualization tools. The Client Engineering Services segment engages in the provision of client engineering services to support customers with long-term, ongoing product design and development expertise. The company was founded by James R. Scapa in 1985 and is headquartered in Troy, MI.

At the moment the company generates 438M USD in revenues.

On its last earning announcement, the company reported a loss of -0.25$ per share.

The book value per share is 2.89$

Altair Engineering, Inc. website


Three months stock forecastDec. 17, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
438M 71.30% 1M 0.10% -17M -0.25 - - 73M 2.89 26M -10M 16M