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Altair Engineering (ALTR) Competitors

$87.33
-1.03 (-1.17%)
(As of 05/31/2024 08:50 PM 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.

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

In the previous week, Altair Engineering had 3 more articles in the media than SailPoint Technologies. MarketBeat recorded 3 mentions for Altair Engineering and 0 mentions for SailPoint Technologies. Altair Engineering's average media sentiment score of 1.05 beat SailPoint Technologies' score of 0.00 indicating that Altair Engineering is being referred to more favorably in the media.

Company Overall Sentiment
Altair Engineering Positive
SailPoint Technologies Neutral

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

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

Altair Engineering has a net margin of 1.55% compared to SailPoint Technologies' net margin of -18.58%. Altair Engineering's return on equity of 5.60% beat SailPoint Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Altair Engineering1.55% 5.60% 2.91%
SailPoint Technologies -18.58%-15.79%-5.53%

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
Altair Engineering$612.70M11.83-$8.93M$0.09970.33
SailPoint Technologies$438.95M14.09-$61.63M-$0.97-67.26

63.4% of Altair Engineering shares are owned by institutional investors. 21.8% of Altair Engineering shares are owned by insiders. Comparatively, 2.0% of SailPoint Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Altair Engineering currently has a consensus target price of $94.60, indicating a potential upside of 8.32%. Given Altair Engineering's higher possible upside, research analysts clearly believe Altair Engineering is more favorable than SailPoint Technologies.

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

Summary

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

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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$7.25B$21.11B$8.70B$7.99B
Dividend YieldN/A2.14%1.94%4.00%
P/E Ratio970.3357.1522.7715.98
Price / Sales11.838.143.6176.65
Price / Cash112.8667.4616.3031.55
Price / Book9.508.714.674.59
Net Income-$8.93M$365.37M$500.16M$213.90M
7 Day Performance-6.00%-3.20%0.08%0.87%
1 Month Performance6.83%-4.02%4.04%1.82%
1 Year Performance17.05%4.85%32.03%5.90%

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
1.3882 of 5 stars
$33.24
+1.3%
$35.67
+7.3%
+52.1%$5.16B$572.39M831.001,500Short Interest ↑
News Coverage
Positive News
TENB
Tenable
3.9912 of 5 stars
$42.53
-1.0%
$57.20
+34.5%
+3.6%$5.06B$798.71M-73.331,999Insider Selling
CYBR
CyberArk Software
2.7395 of 5 stars
$233.54
-1.7%
$267.29
+14.5%
+53.5%$9.87B$751.89M-364.913,018Short Interest ↑
Analyst Revision
Positive News
VRNS
Varonis Systems
2.6733 of 5 stars
$44.82
-2.0%
$49.06
+9.5%
+62.2%$5.00B$505.85M-47.682,233Positive News
FSLR
First Solar
4.5438 of 5 stars
$278.19
-0.7%
$239.16
-14.0%
+31.5%$29.78B$3.32B29.166,700Analyst Forecast
Insider Selling
Short Interest ↑
Analyst Revision
News Coverage
SWKS
Skyworks Solutions
4.9599 of 5 stars
$90.02
-1.5%
$106.25
+18.0%
-11.9%$14.44B$4.77B16.929,750Insider Selling
Positive News
LSCC
Lattice Semiconductor
3.9274 of 5 stars
$76.24
-1.6%
$82.09
+7.7%
-6.7%$10.49B$737.15M48.871,156Positive News
MTSI
MACOM Technology Solutions
3.0494 of 5 stars
$101.97
-2.4%
$111.00
+8.9%
+65.2%$7.35B$648.41M115.881,500Insider Selling
CRUS
Cirrus Logic
3.9854 of 5 stars
$115.14
-1.3%
$107.86
-6.3%
+44.2%$6.21B$1.79B23.351,702Insider Selling
Short Interest ↑

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This page (NASDAQ:ALTR) was last updated on 6/3/2024 by MarketBeat.com Staff

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