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Altair Engineering (ALTR)

(Real Time Quote from BATS)

$87.39 USD

87.39
267,514

+0.05 (0.06%)

Updated Jul 31, 2024 09:38 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%

Zacks Rank Education - Learn about the Zacks Rank

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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.

Zacks News

Is MasTec's (MTZ) Stock Poised for a Turnaround in 2023?

MasTec (MTZ) gains from the country's clean energy drive and acquisitions. Yet, inflationary pressure and the oil and gas segment remain risks.

Will TopBuild (BLD) Overcome Industry-Related Woes in 2023?

Solid operational efficiency and strategic buyouts bode well for TopBuild (BLD). Yet, inflation woes persist.

The Zacks Analyst Blog Highlights Altair Engineering, ChampionX, ASML Holding, Datadog and Tenaris

Altair Engineering, ChampionX, ASML Holding, Datadog and Tenaris are part of the Zacks top Analyst Blog.

Sejuti Banerjea headshot

5 Stocks Set to Pop In 2023

Numbers give you a fairly good idea on which stocks have better potential and are therefore worth betting on.

Quanta (PWR) Wins Renewable Energy Contract From Xcel Energy

Quanta's (PWR) recent win will increase the reliability of the state's power grid and enable future renewable energy development in Colorado.

Ankita Gupta headshot

Will Lennar (LEN) Be Able to Regain in 2023 Amid Challenges?

Rising mortgage rates and affordability issues are potent headwinds for Lennar (LEN).

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

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

Sterling (STRL) Buys CCS for $22M, Aids Building Solutions Arm

Sterling's (STRL) focus on inorganic moves, the execution of projects and strategic objectives bode well.

Installed Building's (IBP) ABS Buyout to Expand Business

Installed Building Products (IBP) is expanding its footprint across the greater Charlotte and Myrtle Beach markets with the acquisition of ABS.

Martin Marietta (MLM) Sees 12.7% Six-Month Gains Amid Inflation

U.S. administration's infrastructural push is set to drive Martin Marietta Materials' (MLM) growth amid inflationary pressure and slow residential construction activity.

D.R. Horton (DHI) Acquires Riggins Custom Homes for $107M (Revised)

D.R. Horton (DHI) expands its footprint in Northwest Arkansas with the Riggins Custom Homes buyout.

The Zacks Analyst Blog Highlights EMCOR Group, Dycom Industries, Altair Engineering, ChampionX and Cavco Industries

EMCOR Group, Dycom Industries, Altair Engineering, ChampionX and Cavco Industries are part of the Zacks top Analyst Blog.

Ankita Gupta headshot

5 Construction Stocks Wall Street Analysts Think Will Rally in 2023

Defying the odds, investors must consider EMCOR (EME), Dycom (DY), Altair (ALTR) and ChampionX (CHX) on strong non-residential market prospects.

Shrabana Mukherjee headshot

3 Construction Stocks You'll Regret Not Buying on Their Dips

Here we take a peek at three construction stocks that are expected to give solid returns in 2023 despite various headwinds.

United Rentals (URI) Buys Ahern Rentals, Lifts Core Business

The acquisition of family-owned Ahern Rentals bolsters United Rentals' (URI) core business and expands its presence in key geographies.

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

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

AECOM (ACM) Affiliate Receives $90 Million U.S. Army Contract

AECOM (ACM) unit and others will provide hazardous, toxic and radioactive waste services with a contract from U.S. Army.

Quanta (PWR) Stock Sees 26.1% YTD Gains Amid Challenges

More demand for infrastructure solutions, aiding energy-transition efforts and modernization, drives growth for Quanta Services (PWR). Supply-chain woes are headwinds.

Ankita Gupta headshot

KBR Wins Place in DoD IAC to Build/Upgrade US Navy Aircraft

KBR boosts backlog with its recent contract win from the U.S. Air Force to modify and develop the NSWC Crane and NAVAIR.

Dycom (DY) Sinks Despite Solid Q3 Performance: Here's Why

Dycom Industries (DY) ails from macro-economic woes despite gaining from the deployment of a single high-capacity fiber network.

Here's Why Investors Should Steer Clear of Lennar (LEN) Now

Rising mortgage rates and affordability issues are potent headwinds for Lennar (LEN).

Why is Louisiana-Pacific (LPX) Rallying Amid Inflation Woes?

Louisiana-Pacific's (LPX) strong Siding business and strategic investments drive growth. Yet, inflation hurts performance.

MasTec (MTZ) Stock Sees 17.8% One-Month Gains Amid Inflation

Focus on renewable power generation, power grid modernization and civil infrastructure services to benefit MasTec (MTZ) amid inflationary pressures.

United Rentals (URI) Up 29.9% in 6 Months: More Room to Run?

U.S. administrations' infrastructural push and solid momentum in its underlying business are set to drive United Rentals' (URI) growth.

Sterling's (STRL) RLW Wins Aviation Contract at Salt Lake City

Sterling's (STRL) focus on the execution of projects and strategic objectives bode well.