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Altair Engineering (ALTR)

(Real Time Quote from BATS)

$88.04 USD

88.04
267,514

+0.70 (0.80%)

Updated Jul 31, 2024 11:08 AM 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%.

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

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BCKIY vs. ALTR: Which Stock Is the Better Value Option?

BCKIY vs. ALTR: Which Stock Is the Better Value Option?

ACM or ALTR: Which Is the Better Value Stock Right Now?

ACM vs. ALTR: Which Stock Is the Better Value Option?

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ACM vs. ALTR: Which Stock Should Value Investors Buy Now?

ACM vs. ALTR: Which Stock Is the Better Value Option?

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Sherwin-Williams (SHW) Q3 Earnings and Revenues Surpass Estimates

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Down -16.14% in 4 Weeks, Here's Why You Should You Buy the Dip in Altair Engineering (ALTR)

Altair Engineering (ALTR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -18.35% in 4 Weeks, Here's Why You Should You Buy the Dip in Altair Engineering (ALTR)

Altair Engineering (ALTR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Altair Engineering (ALTR) Q2 Earnings and Revenues Top Estimates

Altair Engineering (ALTR) delivered earnings and revenue surprises of 25% and 1.68%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

AECOM (ACM) Wins 7-Year Deal to Design Cloudburst Strategies

AECOM's (ACM) recent deal to support NYCDEP's cloudburst management program.

Altair (ALTR) Hits 52-Week High: What's Driving the Stock?

Altair (ALTR) benefits from strategic innovation investments, accretive acquisitions and solid market demand.

Altair Engineering (ALTR) Q1 Earnings and Revenues Surpass Estimates

Altair Engineering (ALTR) delivered earnings and revenue surprises of 24.14% and 5.69%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

VSE (VSEC) Surpasses Q1 Earnings and Revenue Estimates

VSE (VSEC) delivered earnings and revenue surprises of 48.21% and 6.79%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

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