Altair Number of Employees

ALTR
 Stock
  

USD 54.77  1.66  2.94%   

Altair Engineering fundamentals help investors to digest information that contributes to Altair Engineering's financial success or failures. It also enables traders to predict the movement of Altair Stock. The fundamental analysis module provides a way to measure Altair Engineering's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altair Engineering stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Altair Number of Employees Analysis

Altair Engineering's Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
 2019 2021 2022 (projected)
Long Term Debt to Equity0.50.450.35
Interest Coverage1.291.021.05
Number of Employees 
 = 
Full Time 
+  
Part Time 
More About Number of Employees | All Equity Analysis

Current Altair Engineering Number of Employees

    
  3.05 K  
Most of Altair Engineering's fundamental indicators, such as Number of Employees, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altair Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Altair Number of Employees Driver Correlations

Understanding the fundamental principles of building solid financial models for Altair Engineering is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Number of Employees. Since Altair Engineering's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altair Engineering's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altair Engineering's interrelated accounts and indicators.
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Compare to competition

Based on the recorded statements, Altair Engineering is currently employing 3.05 K people. This is 64.95% lower than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The number of employees for all United States stocks is 83.81% higher than that of the company.
Altair Engineering is number one stock in number of employees category among related companies. The total workforce of Software—Infrastructure industry is presently estimated at about 145,050. Altair Engineering holds roughly 3,050 in number of employees claiming about 2.1% of equities listed under Software—Infrastructure industry.

Altair Engineering Current Valuation Drivers

We derive many important indicators used in calculating different scores of Altair Engineering from analyzing Altair Engineering's financial statements. These drivers represent accounts that assess Altair Engineering's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Altair Engineering's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(41.42 K)4.81 K(3.02 K)(3.88 K)(3.14 K)(3.39 K)
Revenue Per Employee138.89 K139.08 K183.57 K173.57 K190.06 K171.64 K
Average Assets269.32 M415.95 M677.11 M770.28 M953.97 M822.73 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(22.5 M)41.96 M31.28 M37.44 M37.42 M34.09 M
Earnings Before Interest Taxes and Depreciation Amortization USD(22.5 M)41.96 M31.28 M37.44 M37.42 M34.09 M
Earnings before Tax(36.41 M)27.02 M3.39 M2.03 M(288 K)(295.58 K)
Average Equity12.96 M192.49 M339.9 M362.28 M503.46 M543.2 M
Free Cash Flow8.57 M29.57 M21.73 M26.79 M53.77 M58.02 M
Invested Capital(35.56 M)76 M274.39 M300.25 M35.51 M36.44 M
Invested Capital Average38.89 M(21.49 M)225.26 M282.01 M89.01 M116.44 M
Tangible Asset Value200.7 M206.83 M442.39 M489.31 M694.04 M565.39 M
Working Capital(53.58 M)26.8 M199.59 M186.18 M114.24 M90.34 M

Altair Fundamentals

About Altair Engineering Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altair Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altair Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altair Engineering based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. Altair Engineering operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 3050 people.

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 Altair Engineering Piotroski F Score and Altair Engineering Altman Z Score analysis. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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.
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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.