Altera Corp (ALTR)

ALTR (NASDAQ:Electronics)
$34.36
neg -0.38
-1.09%
Today's Range: 34.32 - 34.79 | ALTR Avg Daily Volume: 3,204,200
Last Update: 04/23/14 - 4:00 PM EDT
Volume: 1,887,312
YTD Performance: 6.86%
Open: $34.68
Previous Close: $34.74
52 Week Range: $30.73 - $39.18
Oustanding Shares: 317,564,307
Market Cap: 10,897,692,117
6-Month Chart
TheStreet Ratings Grade for ALTR
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 11 9 8 8
Moderate Buy 1 1 1 1
Hold 4 4 5 5
Moderate Sell 0 0 0 0
Strong Sell 2 2 2 2
Mean Rec. 1.92 2.03 2.16 2.16
Latest Dividend: 0.15
Latest Dividend Yield: 1.67%
Dividend Ex-Date: 02/06/14
Price Earnings Ratio: 26.44
Price Earnings Comparisons:
ALTR Sector Avg. S&P 500
26.44 25.40 29.20
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
4.26% 10.71% -24.46%
GROWTH 12 Mo 3 Yr CAGR
Revenue -2.80 -0.11 -0.04
Net Income -21.00 -0.44 -0.17
EPS -20.60 -0.46 -0.19
Earnings for ALTR:
EBITDA 0.53B
Revenue 1.73B
Average Earnings Estimates
Qtr (03/14) Qtr (06/14) FY (12/14) FY (12/15)
Average Estimate $0.32 $0.34 $1.45 $1.79
Number of Analysts 16 15 18 17
High Estimate $0.33 $0.38 $1.65 $2.24
Low Estimate $0.31 $0.29 $1.33 $1.50
Prior Year $0.37 $0.31 $1.36 $1.45
Growth Rate (Year over Year) -13.85% 10.75% 6.86% 23.12%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands

bullishAltera upgraded at JP Morgan

Jan 21, 2014 | 8:24 AM EST

ALTR was upgraded from Neutral to Overweight, JP Morgan said. Comapny is leveraged to higher carrier spending in China. 

bearishAltera downgraded at Goldman

Jan 2, 2014 | 8:11 AM EST

ALTR was downgraded from Buy to Neutral, Goldman Sachs said. $34 price target. Company is facing headwinds in the 28 nm market. 

By

Doug Kass

 | Dec 16, 2013 | 10:36 AM EST
The sector is hot.

bullishAltera rated new Outperform at JMP

Dec 12, 2013 | 7:46 AM EST

ALTR was initiated with an Outperform rating, JMP Securities said. $41 price target. Company has a consistent track record, but the stock has lagged the market in 2013. 

bullishAltera lifts price target at Jefferies

Nov 19, 2013 | 8:02 AM EST

ALTR bumps up price target, Jefferies said. Choice of Intel product expected to provide competitive advantage. $35 price target and Hold rating.

bearishAltera cut from Conviction Buy List at Goldman

Nov 19, 2013 | 7:55 AM EST

ALTR was removed from the Conviction Buy list, according to Goldman Sachs. Company lacks near-term catalysts. $39 price target. 

By

Christopher Versace

 | Oct 28, 2013 | 10:00 AM EDT

Use any weakness from AAPL's call to revisit Qualcomm.

By

Jim Cramer

 | Oct 24, 2013 | 3:37 PM EDT

Stop playing themes and start investing in best-of-breed stocks.

bearishAltera estimates, price target lowered at Jefferies

Oct 23, 2013 | 8:10 AM EDT

ALTR numbers were decreased into 2014, Jefferies said. Missed Q3 revenue and lowered Q4 guidance. $34 price target and Hold rating.

By

Chris Laudani

 | Oct 17, 2013 | 9:00 AM EDT

It could be an excellent buy on dips.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.