ALTR vs. SUM, SSD, UFPI, AZEK, FLR, MTH, IBP, CHX, LPX, and AYI
Should you be buying Altair Engineering stock or one of its competitors? The main competitors of Altair Engineering include Summit Materials (SUM), Simpson Manufacturing (SSD), UFP Industries (UFPI), AZEK (AZEK), Fluor (FLR), Meritage Homes (MTH), Installed Building Products (IBP), ChampionX (CHX), Louisiana-Pacific (LPX), and Acuity Brands (AYI). These companies are all part of the "construction" sector.
Altair Engineering (NASDAQ:ALTR) and Summit Materials (NYSE:SUM) are both mid-cap construction companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, risk, profitability, dividends, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.
Altair Engineering presently has a consensus target price of $94.60, indicating a potential upside of 4.53%. Summit Materials has a consensus target price of $46.92, indicating a potential upside of 17.17%. Given Summit Materials' stronger consensus rating and higher probable upside, analysts clearly believe Summit Materials is more favorable than Altair Engineering.
Summit Materials has higher revenue and earnings than Altair Engineering. Summit Materials is trading at a lower price-to-earnings ratio than Altair Engineering, indicating that it is currently the more affordable of the two stocks.
Altair Engineering has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500. Comparatively, Summit Materials has a beta of 1.34, indicating that its stock price is 34% more volatile than the S&P 500.
Summit Materials has a net margin of 8.36% compared to Altair Engineering's net margin of 1.55%. Summit Materials' return on equity of 7.33% beat Altair Engineering's return on equity.
In the previous week, Altair Engineering had 5 more articles in the media than Summit Materials. MarketBeat recorded 13 mentions for Altair Engineering and 8 mentions for Summit Materials. Summit Materials' average media sentiment score of 0.87 beat Altair Engineering's score of 0.68 indicating that Summit Materials is being referred to more favorably in the news media.
Altair Engineering received 153 more outperform votes than Summit Materials when rated by MarketBeat users. However, 62.42% of users gave Summit Materials an outperform vote while only 58.61% of users gave Altair Engineering an outperform vote.
63.4% of Altair Engineering shares are owned by institutional investors. 21.8% of Altair Engineering shares are owned by company insiders. Comparatively, 0.6% of Summit Materials shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Summary
Summit Materials beats Altair Engineering on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALTR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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