Altair Engineering Inc. (ALTR) Analysts See $0.06 EPS

November 11, 2018 - By Robert Sims

Altair Engineering Inc. (NASDAQ:ALTR) LogoInvestors sentiment is 0 in 2018 Q2. Its the same as in 2018Q1. It is flat, as 0 investors sold Altair Engineering Inc. shares while 0 reduced holdings. only 2 funds opened positions while 0 raised stakes. 19,036 shares or Infinity% more from shares in 2018Q1 were reported.
Whittier Trust reported 2,925 shares. The Nevada-based Whittier Company Of Nevada has invested 0.03% in Altair Engineering Inc. (NASDAQ:ALTR).

Analysts expect Altair Engineering Inc. (NASDAQ:ALTR) to report $0.06 EPS on November, 29.They anticipate $0.63 EPS change or 110.53 % from last quarter’s $-0.57 EPS. ALTR’s profit would be $4.20 million giving it 133.83 P/E if the $0.06 EPS is correct. After having $0.05 EPS previously, Altair Engineering Inc.’s analysts see 20.00 % EPS growth. The stock decreased 4.46% or $1.5 during the last trading session, reaching $32.12. About 533,242 shares traded or 37.26% up from the average. Altair Engineering Inc. (NASDAQ:ALTR) has 0.00% since November 11, 2017 and is . It has underperformed by 15.62% the S&P500.

Altair Engineering Inc. (NASDAQ:ALTR) Ratings Coverage

Among 3 analysts covering Altair Engineering (NASDAQ:ALTR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Altair Engineering had 3 analyst reports since August 10, 2018 according to SRatingsIntel. The stock of Altair Engineering Inc. (NASDAQ:ALTR) earned “Neutral” rating by JP Morgan on Friday, August 10. Canaccord Genuity maintained it with “Hold” rating and $38 target in Friday, August 10 report. RBC Capital Markets maintained it with “Sector Perform” rating and $40 target in Friday, August 10 report.

Altair Engineering Inc., together with its subsidiaries, provides enterprise-class engineering software worldwide. The company has market cap of $2.25 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 notable recent Altair Engineering Inc. (NASDAQ:ALTR) news were published by: Globenewswire.com which released: “Altair Announces Third Quarter 2018 Financial Results” on November 08, 2018, also Schaeffersresearch.com with their article: “Eli Lilly Stock Pops On Diabetes Drug Update” published on November 05, 2018, Nasdaq.com published: “Altair and Oracle Offer Faster High-Performance Computing in the Cloud” on October 23, 2018. More interesting news about Altair Engineering Inc. (NASDAQ:ALTR) were released by: Streetinsider.com and their article: “Altair Engineering (ALTR) PT Lowered to $38 at Needham & Company” published on November 09, 2018 as well as Benzinga.com‘s news article titled: “52 Biggest Movers From Yesterday” with publication date: November 06, 2018.

Altair Engineering Inc. (NASDAQ:ALTR) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.