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Altair Engineering (ALTR)

(Real Time Quote from BATS)

$89.49 USD

89.49
102,888

+2.64 (3.04%)

Updated Jul 31, 2024 03:16 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value A Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 31% (78 out of 251)

Industry: Engineering - R and D Services

Better trading starts here.

Zacks News

Will Software Services Aid Altair in (ALTR) Q2 Earnings?

Altair Engineering (ALTR) is likely to benefit from solid growth in software products during the second quarter. However, incremental costs raise a concern.

Altair Engineering Inc. (ALTR) Stock Moves -0.65%: What You Should Know

Altair Engineering Inc. (ALTR) closed at $41.34 in the latest trading session, marking a -0.65% move from the prior day.

Altair Engineering Inc. (ALTR) Reports Next Week: Wall Street Expects Earnings Growth

Altair Engineering Inc. (ALTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

KBR Q2 Earnings & Revenues Beat on Solid Government Business

Higher revenues, increased margins and strong execution help KBR to post better-than-expected Q2 results.

Altair Engineering Inc. (ALTR) Outpaces Stock Market Gains: What You Should Know

Altair Engineering Inc. (ALTR) closed the most recent trading day at $42.87, moving +0.8% from the previous trading session.

All You Need to Know About Altair Engineering Inc. (ALTR) Rating Upgrade to Buy

Altair Engineering Inc. (ALTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Jacobs-Aramco JV Sells Stake to Saudi Sovereign Wealth Fund

Saudi Arabia's sovereign wealth fund buys a 40% interest in Jasara, leaving Aramco and Jacobs with respective stakes of 20% and 40% in the entity.

Jacobs Wins Commissioning Services Deal, Boosts Backlog

Jacobs Engineering Group (JEC) inks an U.S. Department of State commissioning services contract, in turn fortifying the Buildings, Infrastructure and Advanced Facilities business.

AECOM Inks Deal for Saudi Arabia's $500B NEOM Bay Project

AECOM (ACM) receives a project management consultancy services contract for Phase 1 of NEOM Bay.

KBR Wins Seat on DLA's Automated Fuel Systems Contract

KBR wins a seat on DLA's automated fuel systems installation contract, in turn fortifying the Government Solutions business.

Has Altair Engineering (ALTR) Outpaced Other Construction Stocks This Year?

Is (ALTR) Outperforming Other Construction Stocks This Year?

Here's Why Altair (ALTR) Stock is a Must Buy at the Moment

Solid simulation industry fundamentals, growth prospects and aggressive acquisitions will help Altair Engineering (ALTR) to grow further.

KBR Wins Navy Contract, Eyes Government Solutions Growth

KBR receives task order from Naval Air Systems Command's Logistics and Maintenance Information Systems and Technology Division.

Shrabana Mukherjee headshot

7 Winning Construction Stocks of 1H With Room to Run

The construction space looks attractive for the balance of 2019 given consistent job growth, Fed's Dovish stance and apparent trade truce with China.

KBR Wins Contract From Haiwan Chemical, Backlog Keeps Growing

Continual contact win and efficiency in technology solution offerings position KBR for long-term growth.

Tirthankar Chakraborty headshot

New Strong Buy Stocks for July 1st

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today

5 Reasons to Add Quanta Services Stock to Your Portfolio Now

Solid end-market prospects & growth strategies will help Quanta Services (PWR) to grow further.

AECOM Wins a Position in DoS' DiPSS Program, Boosts MS Unit

AECOM (ACM) will provide global logistical and mission support services across the globe. This, in turn, will boost backlog in the Management Services business.

Jacobs Inks Contact for the Largest Shipyard in Arabian Gulf

Jacobs (JEC) is set to deliver engineering services for the Maritime Industries and Services project at Ras Al Khair in the Kingdom of Saudi Arabia.

Altair Engineering Inc. (ALTR) Upgraded to Strong Buy: Here's What You Should Know

Altair Engineering Inc. (ALTR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Tirthankar Chakraborty headshot

New Strong Buy Stocks for June 21st

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday

AECOM (ACM) to Spin Off Government Services Unit, Shares Up

AECOM's (ACM) shares jump more than 5%, following the announcement of the board's approval of a plan to spin off the Management Services business.

Altair Engineering, Netgear, Fitbit, Microsoft and DexCom highlighted as Zacks Bull and Bear of the Day

Altair Engineering, Netgear, Fitbit, Microsoft and DexCom highlighted as Zacks Bull and Bear of the Day

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Bull Of The Day: Altair Engineering (ALTR)

This aggressive growth style name has positive estimate revisions and expanding margins.

KBR Fortifies Government Unit With $200M NASA Contract Win

KBR's $200-million NASA contract win boosts the government business.