ALTR
Price
$86.15
Change
-$0.12 (-0.14%)
Updated
Mar 28, 6:59 PM EST
34 days until earnings call
ANSS
Price
$347.16
Change
-$0.77 (-0.22%)
Updated
Mar 28, 6:59 PM EST
33 days until earnings call
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ALTR vs ANSS ᐉ Comparison: Which is Better to Invest?

Header iconALTR vs ANSS Comparison
Open Charts ALTR vs ANSSBanner chart's image
Altair Engineering
Price$86.15
Change-$0.12 (-0.14%)
Volume$342.49K
CapitalizationN/A
ANSYS
Price$347.16
Change-$0.77 (-0.22%)
Volume$205.74K
CapitalizationN/A
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ALTR vs ANSS Comparison Chart

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ALTRDaily Signal changed days agoGain/Loss if shorted
 
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ANSSDaily Signal changed days agoGain/Loss if shorted
 
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VS
ALTR vs. ANSS commentary
Mar 29, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ALTR is a StrongBuy and ANSS is a Buy.

COMPARISON
Comparison
Mar 29, 2024
Stock price -- (ALTR: $86.11 vs. ANSS: $347.16)
Brand notoriety: ALTR and ANSS are both not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: ALTR: 89% vs. ANSS: 47%
Market capitalization -- ALTR: $7.1B vs. ANSS: $30.21B
ALTR [@Packaged Software] is valued at $7.1B. ANSS’s [@Packaged Software] market capitalization is $30.21B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.13T to $0. The average market capitalization across the [@Packaged Software] industry is $10.45B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ALTR’s FA Score shows that 1 FA rating(s) are green whileANSS’s FA Score has 0 green FA rating(s).

  • ALTR’s FA Score: 1 green, 4 red.
  • ANSS’s FA Score: 0 green, 5 red.
According to our system of comparison, ANSS is a better buy in the long-term than ALTR.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ALTR’s TA Score shows that 5 TA indicator(s) are bullish while ANSS’s TA Score has 5 bullish TA indicator(s).

  • ALTR’s TA Score: 5 bullish, 5 bearish.
  • ANSS’s TA Score: 5 bullish, 3 bearish.
According to our system of comparison, ANSS is a better buy in the short-term than ALTR.

Price Growth

ALTR (@Packaged Software) experienced а -0.80% price change this week, while ANSS (@Packaged Software) price change was -0.30% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +0.07%. For the same industry, the average monthly price growth was +3.49%, and the average quarterly price growth was +11.19%.

Reported Earning Dates

ALTR is expected to report earnings on May 02, 2024.

ANSS is expected to report earnings on May 01, 2024.

Industries' Descriptions

@Packaged Software (+0.07% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
A.I.dvisor published
a Summary for ALTR with price predictions.
OPEN
A.I.dvisor published
a Summary for ANSS with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
ANSS($30.2B) has a higher market cap than ALTR($7.1B). ALTR YTD gains are higher at: 2.323 vs. ANSS (-4.332). ANSS has higher annual earnings (EBITDA): 772M vs. ALTR (57.9M). ANSS has more cash in the bank: 860M vs. ALTR (467M). ALTR has less debt than ANSS: ALTR (339M) vs ANSS (854M). ANSS has higher revenues than ALTR: ANSS (2.27B) vs ALTR (613M).
ALTRANSSALTR / ANSS
Capitalization7.1B30.2B24%
EBITDA57.9M772M8%
Gain YTD2.323-4.332-54%
P/E RatioN/A60.59-
Revenue613M2.27B27%
Total Cash467M860M54%
Total Debt339M854M40%
FUNDAMENTALS RATINGS
ALTR vs ANSS: Fundamental Ratings
ALTR
ANSS
OUTLOOK RATING
1..100
1818
VALUATION
overvalued / fair valued / undervalued
1..100
91
Overvalued
78
Overvalued
PROFIT vs RISK RATING
1..100
2139
SMR RATING
1..100
9072
PRICE GROWTH RATING
1..100
4652
P/E GROWTH RATING
1..100
9550
SEASONALITY SCORE
1..100
50n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

ANSS's Valuation (78) in the Packaged Software industry is in the same range as ALTR (91). This means that ANSS’s stock grew similarly to ALTR’s over the last 12 months.

ALTR's Profit vs Risk Rating (21) in the Packaged Software industry is in the same range as ANSS (39). This means that ALTR’s stock grew similarly to ANSS’s over the last 12 months.

ANSS's SMR Rating (72) in the Packaged Software industry is in the same range as ALTR (90). This means that ANSS’s stock grew similarly to ALTR’s over the last 12 months.

ALTR's Price Growth Rating (46) in the Packaged Software industry is in the same range as ANSS (52). This means that ALTR’s stock grew similarly to ANSS’s over the last 12 months.

ANSS's P/E Growth Rating (50) in the Packaged Software industry is somewhat better than the same rating for ALTR (95). This means that ANSS’s stock grew somewhat faster than ALTR’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ALTRANSS
RSI
ODDS (%)
Bullish Trend 1 day ago
90%
N/A
Stochastic
ODDS (%)
Bearish Trend 1 day ago
67%
Bearish Trend 1 day ago
60%
Momentum
ODDS (%)
Bullish Trend 1 day ago
67%
Bullish Trend 1 day ago
69%
MACD
ODDS (%)
Bullish Trend 1 day ago
79%
Bullish Trend 1 day ago
68%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
67%
Bearish Trend 1 day ago
59%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
71%
Bullish Trend 1 day ago
67%
Advances
ODDS (%)
Bullish Trend 3 days ago
72%
Bullish Trend 8 days ago
65%
Declines
ODDS (%)
Bearish Trend 5 days ago
62%
Bearish Trend 1 day ago
60%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
65%
Bearish Trend 1 day ago
65%
Aroon
ODDS (%)
Bearish Trend 1 day ago
72%
N/A
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ALTRDaily Signal changed days agoGain/Loss if shorted
 
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ANSSDaily Signal changed days agoGain/Loss if shorted
 
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ALTR and

Correlation & Price change

A.I.dvisor indicates that over the last year, ALTR has been loosely correlated with ANSS. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if ALTR jumps, then ANSS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ALTR
1D Price
Change %
ALTR100%
-0.19%
ANSS - ALTR
64%
Loosely correlated
-0.22%
COIN - ALTR
61%
Loosely correlated
+3.28%
CLSK - ALTR
57%
Loosely correlated
-8.31%
OTEX - ALTR
56%
Loosely correlated
+0.03%
RIOT - ALTR
54%
Loosely correlated
N/A
More

ANSS and

Correlation & Price change

A.I.dvisor indicates that over the last year, ANSS has been closely correlated with SNPS. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if ANSS jumps, then SNPS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ANSS
1D Price
Change %
ANSS100%
-0.22%
SNPS - ANSS
74%
Closely correlated
-0.32%
CDNS - ANSS
71%
Closely correlated
-0.02%
ALTR - ANSS
64%
Loosely correlated
-0.19%
COIN - ANSS
63%
Loosely correlated
+3.28%
CLSK - ANSS
60%
Loosely correlated
-8.31%
More