Event-Driven Stocks

Altair Engineering Inc.

ALTR

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

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Signs● 6 gooddetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$665.8M$612.7M$572.2M$532.2M$469.9M$458.9M
Operating income$17.7M$243,000−$6.9M$12.3M$11.7M$8.2M
Net income$14.2M−$8.9M−$43.4M−$8.8M−$10.5M−$7.5M
Total assets$1.45B$1.36B$1.20B$1.16B$829.9M$743.1M
Total liabilities$588.5M$652.2M$635.0M$549.3M$450.5M$386.1M
Equity$857.2M$711.3M$569.7M$613.2M$378.6M$354.7M
EPS (diluted)$0.16$-0.11$-0.55$-0.12$-0.14$-0.11
Shares out.88.6M80.6M79.5M76.2M73.2M71.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
2.7%
Net margin
2.1%
Return on equity
1.7%
Return on assets
1.0%
Return on capital (ROCE)
1.8%
Liabilities / assets
40.7%
Debt / equity
0.69×
Book value / share
$9.68
Revenue growth (YoY)
8.7%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
2.70safe
Accruals / assets
−9.7%clean
Beneish M-Score
-3.02normal
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
87
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 6 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Mar 14, 20255.7M7.0+14.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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