Altair Engineering Stock Price and Value Analysis

Should you buy Altair Engineering stock? (NasdaqGS:ALTR). Let's see how it does in our automated value investing analysis system.

ALTR Free Cash Flow Trend

Free Cash Flow trendline for ALTR
Free Cash Flow trendline for Altair Engineering

Based on historical returns, we believe that Altair Engineering can grow its free cash at a rate of about 7%. That's positive!

AdvantagesDisadvantagesNeutral
  • This company is very stable.
  • This stock is available at a great discount!
  • This company is making money at a decent rate.
  • This company has amazingly consistent growth!
None.
  • This company pays no dividend.

Inside the ALTR Numbers

ALTR Price
(Altair Engineering stock price per share)
$34.46
[?] ALTR Fair Price
(based on intrinsic value)
$149.99
[?] ALTR Safety Price (based on a variable margin of safety) $119.99
[?] PE Ratio versus Sector 1155% higher than other Technology stocks
[?] PE Ratio versus Industry 72% higher than other Software - Infrastructure stocks
[?] Cash Yield 27.55%

Is Altair Engineering Stock on Sale?

We believe that Altair Engineering may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Even better, Altair Engineering looks like a stock on sale. Based on our analysis—if the company keeps making money the way it has been—you may be looking at a bargain. Keep this stock in mind as you put together your portfolio! See Before You Buy for your next steps (and read our disclaimer about investing risk).

Should You Buy ALTR Stock?

Does Altair Engineering have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.