ALTR
Price
$71.00
Change
-$0.84 (-1.17%)
Updated
Dec 5, 6:59 PM EST
78 days until earnings call
FTNT
Price
$52.52
Change
+$0.27 (+0.52%)
Updated
Dec 5, 6:59 PM EST
63 days until earnings call
Ad is loading...

Compare predictions ALTR vs FTNT

Header iconALTR vs FTNT Comparison
Open Charts ALTR vs FTNTBanner chart's image
Altair Engineering
Price$71.00
Change-$0.84 (-1.17%)
Volume$124.32K
CapitalizationN/A
Fortinet
Price$52.52
Change+$0.27 (+0.52%)
Volume$2.34M
CapitalizationN/A
View a ticker or compare two or three
ALTR vs FTNT Comparison Chart

Loading...

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
VS
ALTR vs. FTNT commentary
Dec 06, 2023

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 Hold and FTNT is a Hold.

COMPARISON
Comparison
Dec 06, 2023
Stock price -- (ALTR: $71.04 vs. FTNT: $52.53)
Brand notoriety: ALTR and FTNT are both not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: ALTR: 71% vs. FTNT: 50%
Market capitalization -- ALTR: $5.85B vs. FTNT: $41.27B
ALTR [@Packaged Software] is valued at $5.85B. FTNT’s [@Packaged Software] market capitalization is $41.27B. The market cap for tickers in the [@Packaged Software] industry ranges from $2.84T to $0. The average market capitalization across the [@Packaged Software] industry is $9.19B.

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 whileFTNT’s FA Score has 2 green FA rating(s).

  • ALTR’s FA Score: 1 green, 4 red.
  • FTNT’s FA Score: 2 green, 3 red.
According to our system of comparison, FTNT 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 3 TA indicator(s) are bullish while FTNT’s TA Score has 4 bullish TA indicator(s).

  • ALTR’s TA Score: 3 bullish, 6 bearish.
  • FTNT’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, FTNT is a better buy in the short-term than ALTR.

Price Growth

ALTR (@Packaged Software) experienced а -0.74% price change this week, while FTNT (@Packaged Software) price change was -0.49% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +2.14%. For the same industry, the average monthly price growth was +6.61%, and the average quarterly price growth was -6.55%.

Reported Earning Dates

ALTR is expected to report earnings on Feb 22, 2024.

FTNT is expected to report earnings on Feb 07, 2024.

Industries' Descriptions

@Packaged Software (+2.14% 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 FTNT with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
FTNT($41.3B) has a higher market cap than ALTR($5.85B). ALTR YTD gains are higher at: 56.235 vs. FTNT (7.445). FTNT has higher annual earnings (EBITDA): 1.42B vs. ALTR (41.8M). FTNT has more cash in the bank: 3.17B vs. ALTR (431M). ALTR has less debt than FTNT: ALTR (340M) vs FTNT (992M). FTNT has higher revenues than ALTR: FTNT (5.17B) vs ALTR (602M).
ALTRFTNTALTR / FTNT
Capitalization5.85B41.3B14%
EBITDA41.8M1.42B3%
Gain YTD56.2357.445755%
P/E RatioN/A36.63-
Revenue602M5.17B12%
Total Cash431M3.17B14%
Total Debt340M992M34%
FUNDAMENTALS RATINGS
ALTR vs FTNT: Fundamental Ratings
ALTR
FTNT
OUTLOOK RATING
1..100
734
VALUATION
overvalued / fair valued / undervalued
1..100
89
Overvalued
100
Overvalued
PROFIT vs RISK RATING
1..100
2319
SMR RATING
1..100
907
PRICE GROWTH RATING
1..100
4360
P/E GROWTH RATING
1..100
9486
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.

ALTR's Valuation (89) in the Packaged Software industry is in the same range as FTNT (100) in the Computer Communications industry. This means that ALTR’s stock grew similarly to FTNT’s over the last 12 months.

FTNT's Profit vs Risk Rating (19) in the Computer Communications industry is in the same range as ALTR (23) in the Packaged Software industry. This means that FTNT’s stock grew similarly to ALTR’s over the last 12 months.

FTNT's SMR Rating (7) in the Computer Communications industry is significantly better than the same rating for ALTR (90) in the Packaged Software industry. This means that FTNT’s stock grew significantly faster than ALTR’s over the last 12 months.

ALTR's Price Growth Rating (43) in the Packaged Software industry is in the same range as FTNT (60) in the Computer Communications industry. This means that ALTR’s stock grew similarly to FTNT’s over the last 12 months.

FTNT's P/E Growth Rating (86) in the Computer Communications industry is in the same range as ALTR (94) in the Packaged Software industry. This means that FTNT’s stock grew similarly to ALTR’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ALTRFTNT
RSI
ODDS (%)
Bearish Trend 1 day ago
67%
Bullish Trend 1 day ago
81%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
59%
Bearish Trend 1 day ago
53%
Momentum
ODDS (%)
Bearish Trend 1 day ago
66%
Bullish Trend 1 day ago
73%
MACD
ODDS (%)
Bearish Trend 1 day ago
59%
Bullish Trend 1 day ago
67%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
67%
Bearish Trend 1 day ago
66%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
71%
Bearish Trend 1 day ago
66%
Advances
ODDS (%)
Bullish Trend 6 days ago
72%
Bullish Trend 9 days ago
80%
Declines
ODDS (%)
Bearish Trend 1 day ago
63%
Bearish Trend 2 days ago
64%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
73%
Bearish Trend 1 day ago
57%
Aroon
ODDS (%)
N/A
Bearish Trend 1 day ago
53%
View a ticker or compare two or three
Ad is loading...
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
SPAB25.060.13
+0.52%
SPDR® Portfolio Aggregate Bond ETF
DOCT35.67-0.01
-0.02%
FT Cboe Vest US Equity Deep Bffr ETF Oct
BGY5.10-0.05
-0.97%
BlackRock Enhanced International Dividend Trust
CHIS16.92-0.23
-1.34%
Global X MSCI China Consumer Stpls ETF
WBIY27.34-0.37
-1.35%
WBI Power Factor® High Dividend ETF

ALTR and

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ALTR
1D Price
Change %
ALTR100%
-1.11%
COIN - ALTR
61%
Loosely correlated
-0.63%
ANSS - ALTR
61%
Loosely correlated
-2.89%
CLSK - ALTR
57%
Loosely correlated
+4.96%
RIOT - ALTR
54%
Loosely correlated
+0.90%
SPT - ALTR
54%
Loosely correlated
-3.50%
More

FTNT and

Correlation & Price change

A.I.dvisor indicates that over the last year, FTNT has been loosely correlated with PANW. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if FTNT jumps, then PANW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FTNT
1D Price
Change %
FTNT100%
+0.54%
PANW - FTNT
54%
Loosely correlated
+2.16%
CLSK - FTNT
50%
Loosely correlated
+4.96%
RIOT - FTNT
48%
Loosely correlated
+0.90%
OTEX - FTNT
47%
Loosely correlated
-0.25%
COIN - FTNT
45%
Loosely correlated
-0.63%
More