Altair Engineering Inc
Closed
SectorTechnology
0
Overview
Share price change
24h
Min
Max
Recommendations | Neutral |
|---|---|
12 Months Forecast | +1.03% upside |
News Sentiment
By Acuity
30%
70%
75 / 371 Ranking in Technology
Altair Engineering Inc Chart
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Peer Comparison
Price change
Altair Engineering Inc Forecast
Price Target
By TipRanks
1.03% upside
12 Months Forecast
Average 113 USD 1.03%
High 113 USD
Low 113 USD
Based on 2 Wall Street analysts offering 12 month price targets forAltair Engineering Inc - Dist in the last 3 months.
Sentiment
By Acuity
75 / 371 Ranking in Technology
News Sentiment
Bullish Evidence
Volatility
Below average
News Volume (RCV)
Below average
Financials
Selling and administration expenses
Operating expenses
Pre-tax profit
Sales
Cost of sales
Gross profit on sales
Interest expense on debt
EBITDA
Operating profit
$
About Altair Engineering Inc
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.
