Altair Engineering Earnings Estimate

ALTR
 Stock
  

USD 54.94  1.49  2.64%   

Many public companies, such as Altair Engineering, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Altair Engineering's earnings estimates, investors can diagnose different trends across Altair Engineering's analyst sentiment over time as well as compare current estimates against different timeframes.
Altair Engineering is projected to generate 0.23 in earnings per share on the 31st of December 2021. Altair Engineering earnings estimates module stress-tests analyst consensus about projected Altair Engineering EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please continue to Trending Equities.
  
As of 08/19/2022, Gross Profit is likely to drop to about 376.4 M. In addition to that, Profit Margin is likely to drop to -0.02

Altair Engineering Earnings Estimation Breakdown

Calculation of earning per share of Altair Engineering is based on official Zacks consensus of 2 analysts regarding Altair Engineering future annual earnings. Given the historical accuracy of 16.67%, the future earnings per share of Altair Engineering is estimated to be 0.23 with the lowest and highest values of 0.13 and 0.28, respectively. Please note that this consensus of annual earnings estimates for Altair Engineering is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -0.07
0.13
Lowest
Expected EPS 0.23
0.28
Highest

Altair Engineering Earnings Projection Consensus

Suppose the current estimates of Altair Engineering's value are higher than the current market price of the Altair Engineering stock. In this case, investors may conclude that Altair Engineering is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Altair Engineering's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

2

16.67%

-0.07

0.23

Altair Engineering Earnings History

Earnings estimate consensus by Altair Engineering analysts from Wall Street is used by the market to judge Altair Engineering's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Altair Engineering's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Altair Engineering Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

(21.04 Million)

As of 08/19/2022, Accumulated Retained Earnings Deficit is likely to drop to about (110.1 M). In addition to that, Earning Before Interest and Taxes EBIT is likely to drop to about 11 M As of 08/19/2022, Weighted Average Shares is likely to grow to about 76.2 M. Also, Weighted Average Shares Diluted is likely to grow to about 78.5 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Altair Engineering's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Altair Engineering in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
52.4054.9657.52
Details
Intrinsic
Valuation
LowReal ValueHigh
49.5563.3265.88
Details
Naive
Forecast
LowNext ValueHigh
51.0553.6056.16
Details
7 Analysts
Consensus
LowTarget PriceHigh
80.0088.2095.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altair Engineering. Your research has to be compared to or analyzed against Altair Engineering's peers to derive any actionable benefits. When done correctly, Altair Engineering's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Altair Engineering.
Note that many institutional investors and large investment bankers can move markets due to the volume of Altair assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Altair Engineering. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Altair stock price in the short term.

Altair Engineering Earnings per Share Projection vs Actual

Actual Earning per Share of Altair Engineering refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Altair Engineering predict the company's earnings will be in the future. The higher the earnings per share of Altair Engineering, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Altair Engineering Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Altair Engineering, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Altair Engineering should always be considered in relation to other companies to make a more educated investment decision.

Altair Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Altair Engineering's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-08-04
2022-06-300.090.130.0444 
2022-05-05
2022-03-310.30.380.0826 
2022-02-24
2021-12-310.090.190.1111 
2021-11-04
2021-09-300.010.110.11000 
2021-08-05
2021-06-300.010.070.06600 
2021-05-06
2021-03-310.210.310.147 
2021-02-25
2020-12-31-0.00090.170.170918988 
2020-11-05
2020-09-30-0.080.00460.0846105 
2020-08-06
2020-06-30-0.02-0.020
2020-05-07
2020-03-310.140.160.0214 
2020-02-27
2019-12-310.050.090.0480 
2019-11-07
2019-09-300.05-0.09-0.14280 
2019-08-08
2019-06-300.070.06-0.0114 
2019-05-09
2019-03-310.220.260.0418 
2019-02-28
2018-12-310.10.06-0.0440 
2018-11-08
2018-09-300.060.070.0116 
2018-08-09
2018-06-300.040.050.0125 
2018-05-14
2018-03-310.030.080.05166 
2018-03-21
2017-12-310.060.180.12200 
2017-11-01
2017-09-300.04-0.09-0.13325 

About Altair Engineering Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Altair Engineering earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Altair Engineering estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Altair Engineering fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Altair Engineering Implied Volatility

    
  38.66  
Altair Engineering's implied volatility exposes the market's sentiment of Altair Engineering stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Altair Engineering's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Altair Engineering stock will not fluctuate a lot when Altair Engineering's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altair Engineering in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altair Engineering's short interest history, or implied volatility extrapolated from Altair Engineering options trading.

Pair Trading with Altair Engineering

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altair Engineering

0.74ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
0.76BKKTBakkt Hldgs Normal TradingPairCorr
The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.
The correlation of Altair Engineering is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Altair Engineering information on this page should be used as a complementary analysis to other Altair Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Altair Stock analysis

When running Altair Engineering price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Is Altair Engineering's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altair Engineering. If investors know Altair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altair Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Altair Engineering is measured differently than its book value, which is the value of Altair that is recorded on the company's balance sheet. Investors also form their own opinion of Altair Engineering's value that differs from its market value or its book value, called intrinsic value, which is Altair Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altair Engineering's market value can be influenced by many factors that don't directly affect Altair Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altair Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine Altair Engineering value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altair Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.