EPS for Altair Engineering Inc. (ALTR) Expected At $0.06

March 14, 2018 - By Linda Rogers

 EPS for Altair Engineering Inc. (ALTR) Expected At $0.06

Analysts expect Altair Engineering Inc. (NASDAQ:ALTR) to report $0.06 EPS on March, 21 after the close.ALTR’s profit would be $3.77 million giving it 122.58 P/E if the $0.06 EPS is correct. After having $-0.57 EPS previously, Altair Engineering Inc.’s analysts see -110.53 % EPS growth. The stock decreased 0.61% or $0.18 during the last trading session, reaching $29.42. About 92,599 shares traded. Altair Engineering Inc. (NASDAQ:ALTR) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Altair Engineering Inc. (NASDAQ:ALTR) Ratings Coverage

Among 10 analysts covering Altera (NASDAQ:ALTR), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Altera had 11 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Vetr to “Hold” on Thursday, September 3. The firm earned “Market Perform” rating on Friday, July 24 by Northland Capital. The stock of Altair Engineering Inc. (NASDAQ:ALTR) earned “Hold” rating by J.P. Morgan on Monday, November 27.

Altair Engineering Inc., together with its subsidiaries, provides enterprise-class engineering software worldwide. The company has market cap of $1.85 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 Engineering Inc. Announces Pricing of Initial Public Offering” on November 01, 2017, also Globenewswire.com with their article: “Federal Court Dismisses MSC’s Trade Secret Claim Against Altair” published on December 18, 2017, Seekingalpha.com published: “Altair Engineering Soars In IPO, Little Upside Remains” on November 06, 2017. More interesting news about Altair Engineering Inc. (NASDAQ:ALTR) were released by: Seekingalpha.com and their article: “Altair Engineering: Uninspired Results” published on December 05, 2017 as well as Globenewswire.com‘s news article titled: “Nasdaq Welcomes Altair Engineering Inc. (Nasdaq: ALTR) to The Nasdaq Stock Market” with publication date: November 01, 2017.

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