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Analysts See $0.06 EPS for Altair Engineering Inc. (ALTR)

Altair Engineering Inc. (NASDAQ:ALTR) LogoInvestors sentiment is 0 in 2018 Q2. Its the same as in 2018Q1. It is flat, as 0 investors sold Altair Engineering Inc. shares while 0 reduced holdings. only 2 funds opened positions while 0 raised stakes. 19,036 shares or Infinity% more from shares in 2018Q1 were reported.
Whittier Trust invested in 2,925 shares. Whittier Trust Company Of Nevada holds 0.03% or 6,593 shares.

Analysts expect Altair Engineering Inc. (NASDAQ:ALTR) to report $0.06 EPS on November, 29.They anticipate $0.63 EPS change or 110.53 % from last quarter’s $-0.57 EPS. ALTR’s profit would be $4.20 million giving it 133.83 P/E if the $0.06 EPS is correct. After having $0.05 EPS previously, Altair Engineering Inc.’s analysts see 20.00 % EPS growth. The stock decreased 4.46% or $1.5 during the last trading session, reaching $32.12. About 533,242 shares traded or 37.26% up from the average. Altair Engineering Inc. (NASDAQ:ALTR) has 0.00% since November 11, 2017 and is . It has underperformed by 15.62% the S&P500.

Altair Engineering Inc. (NASDAQ:ALTR) Ratings Coverage

Among 3 analysts covering Altair Engineering (NASDAQ:ALTR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Altair Engineering had 3 analyst reports since August 10, 2018 according to SRatingsIntel. The firm has “Neutral” rating by JP Morgan given on Friday, August 10. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, August 10. The company was maintained on Friday, August 10 by Canaccord Genuity.

Altair Engineering Inc., together with its subsidiaries, provides enterprise-class engineering software worldwide. The company has market cap of $2.25 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 Acquires SIMSOLID” on October 17, 2018, also Benzinga.com with their article: “52 Biggest Movers From Yesterday” published on November 06, 2018, Nasdaq.com published: “Altair and Oracle Offer Faster High-Performance Computing in the Cloud” on October 23, 2018. More interesting news about Altair Engineering Inc. (NASDAQ:ALTR) were released by: Globenewswire.com and their article: “Altair Announces Third Quarter 2018 Financial Results” published on November 08, 2018 as well as Schaeffersresearch.com‘s news article titled: “Eli Lilly Stock Pops On Diabetes Drug Update” with publication date: November 05, 2018.

Altair Engineering Inc. (NASDAQ:ALTR) Ratings Chart

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