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