ADSK
Price
$271.90
Change
-$1.46 (-0.53%)
Updated
Sep 27 closing price
51 days until earnings call
ALTR
Price
$94.87
Change
-$0.19 (-0.20%)
Updated
Sep 27 closing price
32 days until earnings call
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ADSK vs ALTR

Header iconADSK vs ALTR Comparison
Open Charts ADSK vs ALTRBanner chart's image
Autodesk
Price$271.90
Change-$1.46 (-0.53%)
Volume$614.89K
CapitalizationN/A
Altair Engineering
Price$94.87
Change-$0.19 (-0.20%)
Volume$235.76K
CapitalizationN/A
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ADSK vs ALTR Comparison Chart
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ADSK
Daily Signalchanged days ago
Gain/Loss if shorted
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ALTR
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ADSK vs. ALTR commentary
Sep 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 ADSK is a StrongBuy and ALTR is a StrongBuy.

COMPARISON
Comparison
Sep 29, 2024
Stock price -- (ADSK: $257.83 vs. ALTR: $87.25)
Brand notoriety: ADSK: Notable vs. ALTR: Not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: ADSK: 155% vs. ALTR: 85%
Market capitalization -- ADSK: $55.71B vs. ALTR: $7.11B
ADSK [@Packaged Software] is valued at $55.71B. ALTR’s [@Packaged Software] market capitalization is $7.11B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.15T to $0. The average market capitalization across the [@Packaged Software] industry is $10.81B.

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).

ADSK’s FA Score shows that 1 FA rating(s) are green whileALTR’s FA Score has 1 green FA rating(s).

  • ADSK’s FA Score: 1 green, 4 red.
  • ALTR’s FA Score: 1 green, 4 red.
According to our system of comparison, ADSK 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.

ADSK’s TA Score shows that 8 TA indicator(s) are bullish while ALTR’s TA Score has 4 bullish TA indicator(s).

  • ADSK’s TA Score: 8 bullish, 3 bearish.
  • ALTR’s TA Score: 4 bullish, 3 bearish.
According to our system of comparison, ADSK is a better buy in the short-term than ALTR.

Price Growth

ADSK (@Packaged Software) experienced а +0.33% price change this week, while ALTR (@Packaged Software) price change was -3.33% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +1.25%. For the same industry, the average monthly price growth was +2.09%, and the average quarterly price growth was -2.89%.

Reported Earning Dates

ADSK is expected to report earnings on Nov 19, 2024.

ALTR is expected to report earnings on Oct 31, 2024.

Industries' Descriptions

@Packaged Software (+1.25% 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
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FUNDAMENTALS
Fundamentals
ADSK($55.7B) has a higher market cap than ALTR($7.11B). ADSK YTD gains are higher at: 5.894 vs. ALTR (3.684). ADSK has higher annual earnings (EBITDA): 1.16B vs. ALTR (57.9M). ADSK has more cash in the bank: 2.07B vs. ALTR (467M). ALTR has less debt than ADSK: ALTR (339M) vs ADSK (2.67B). ADSK has higher revenues than ALTR: ADSK (5.21B) vs ALTR (613M).
ADSKALTRADSK / ALTR
Capitalization55.7B7.11B784%
EBITDA1.16B57.9M2,003%
Gain YTD5.8943.684160%
P/E Ratio61.92N/A-
Revenue5.21B613M850%
Total Cash2.07B467M444%
Total Debt2.67B339M786%
FUNDAMENTALS RATINGS
ADSK vs ALTR: Fundamental Ratings
ADSK
ALTR
OUTLOOK RATING
1..100
1416
VALUATION
overvalued / fair valued / undervalued
1..100
81
Overvalued
92
Overvalued
PROFIT vs RISK RATING
1..100
5622
SMR RATING
1..100
1490
PRICE GROWTH RATING
1..100
4748
P/E GROWTH RATING
1..100
5595
SEASONALITY SCORE
1..100
n/an/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.

ADSK's Valuation (81) in the Packaged Software industry is in the same range as ALTR (92). This means that ADSK’s stock grew similarly to ALTR’s over the last 12 months.

ALTR's Profit vs Risk Rating (22) in the Packaged Software industry is somewhat better than the same rating for ADSK (56). This means that ALTR’s stock grew somewhat faster than ADSK’s over the last 12 months.

ADSK's SMR Rating (14) in the Packaged Software industry is significantly better than the same rating for ALTR (90). This means that ADSK’s stock grew significantly faster than ALTR’s over the last 12 months.

ADSK's Price Growth Rating (47) in the Packaged Software industry is in the same range as ALTR (48). This means that ADSK’s stock grew similarly to ALTR’s over the last 12 months.

ADSK's P/E Growth Rating (55) in the Packaged Software industry is somewhat better than the same rating for ALTR (95). This means that ADSK’s stock grew somewhat faster than ALTR’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ADSKALTR
RSI
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Stochastic
ODDS (%)
Bearish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
Momentum
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
MACD
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendWeek
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendMonth
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Advances
ODDS (%)
Bullish Trend about 2 months ago
0%
Bullish Trend about 2 months ago
0%
Declines
ODDS (%)
Bearish Trend about 2 months ago
0%
Bearish Trend about 2 months ago
0%
BollingerBands
ODDS (%)
Bullish Trend about 1 month ago
0%
N/A
Aroon
ODDS (%)
Bearish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
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ADSK
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
ALTR
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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ADSK and

Correlation & Price change

A.I.dvisor indicates that over the last year, ADSK has been loosely correlated with PTC. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if ADSK jumps, then PTC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ADSK
1D Price
Change %
ADSK100%
-0.22%
PTC - ADSK
61%
Loosely correlated
-3.05%
CDNS - ADSK
59%
Loosely correlated
-4.70%
DSGX - ADSK
54%
Loosely correlated
-1.24%
SNPS - ADSK
53%
Loosely correlated
-7.38%
CYBR - ADSK
52%
Loosely correlated
-2.31%
More

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 62% 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%
-3.44%
ANSS - ALTR
62%
Loosely correlated
-3.86%
CDNS - ALTR
53%
Loosely correlated
-4.70%
BSY - ALTR
52%
Loosely correlated
-5.40%
ADSK - ALTR
51%
Loosely correlated
-0.22%
SPSC - ALTR
47%
Loosely correlated
-4.29%
More