Altair Engineering Inc. (ALTR) EPS Estimated At $0.05

July 14, 2018 - By Mary Kidd

Altair Engineering Inc. (NASDAQ:ALTR) Logo

Analysts expect Altair Engineering Inc. (NASDAQ:ALTR) to report $0.05 EPS on August, 13.ALTR’s profit would be $3.41M giving it 173.15 P/E if the $0.05 EPS is correct. After having $0.08 EPS previously, Altair Engineering Inc.’s analysts see -37.50 % EPS growth. The stock decreased 0.29% or $0.1 during the last trading session, reaching $34.63. About 151,934 shares traded. Altair Engineering Inc. (NASDAQ:ALTR) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Altair Engineering Inc. (NASDAQ:ALTR) Ratings Coverage

Among 5 analysts covering Altair Engineering (NASDAQ:ALTR), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Altair Engineering had 6 analyst reports since January 30, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, March 22 by Berenberg. The firm has “Buy” rating given on Thursday, March 22 by Cowen & Co. RBC Capital Markets maintained it with “Hold” rating and $3100 target in Thursday, March 22 report. The firm earned “Hold” rating on Wednesday, March 21 by Canaccord Genuity.

Altair Engineering Inc., together with its subsidiaries, provides enterprise-class engineering software worldwide. The company has market cap of $2.36 billion. The Company’s integrated suite of multi-disciplinary computer aided engineering software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling and embedded systems, as well as provides data analytics and true-to-life visualization and rendering. It currently has negative earnings. The firm also offers client engineering services to support clients with long-term ongoing product design and development services, as well as consulting, training, and support services.

More important recent Altair Engineering Inc. (NASDAQ:ALTR) news were published by: Nasdaq.com which released: “WEYV Announces Partnership with Cricket Media, Expands In-App Content to Include E-Books” on June 19, 2018, also Nasdaq.com published article titled: “Altair Elevates the Cloud High-Performance Computing Experience with the Release of Altair PBS Professional v18”, Nasdaq.com published: “World-Class Speakers, Premier Presentations – 2018 Global Altair Technology Conference Keynotes and Agenda …” on July 11, 2018. More interesting news about Altair Engineering Inc. (NASDAQ:ALTR) was released by: Globenewswire.com and their article: “New Research: Key Drivers of Growth for Five Below, Progenics Pharmaceuticals, Advanced Micro Devices, Agilysys …” with publication date: June 21, 2018.

Altair Engineering Inc. (NASDAQ:ALTR) Ratings Chart

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