Altera Corp (ALTR)

ALTR (NASDAQ:Electronics)
$38.01
pos +0.79
+2.12%
Today's Range: 37.30 - 38.01 | ALTR Avg Daily Volume: 3,103,400
Last Update: 12/22/14 - 4:00 PM EST
Volume: 2,305,187
YTD Performance: 14.48%
Open: $37.31
Previous Close: $37.22
52 Week Range: $30.47 - $38.34
Oustanding Shares: 304,816,766
Market Cap: 11,427,580,557
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 11 10 10
Moderate Buy 2 2 2 2
Hold 5 5 5 4
Moderate Sell 0 0 0 0
Strong Sell 1 2 2 2
Mean Rec. 1.82 1.98 2.03 1.97
Latest Dividend: 0.18
Latest Dividend Yield: 1.92%
Dividend Ex-Date: 11/06/14
Price Earnings Ratio: 25.68
Price Earnings Comparisons:
ALTR Sector Avg. S&P 500
25.68 25.70 25.85
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
2.03% 19.07% 9.25%
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 (12/14) Qtr (03/15) FY (12/14) FY (12/15)
Average Estimate $0.35 $0.38 $1.51 $1.79
Number of Analysts 15 14 17 17
High Estimate $0.36 $0.40 $1.53 $1.95
Low Estimate $0.33 $0.37 $1.48 $1.64
Prior Year $0.31 $0.37 $1.36 $1.51
Growth Rate (Year over Year) 12.47% 3.47% 10.68% 18.60%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands

bullishAltera Corp estimates, price target raised at Jefferies

Dec 11, 2014 | 7:26 AM EST

ALTR price target raised to $40 from $34, said Jefferies. Estimates raised on improved 2015 outlook and potential for buybacks.

By

Chris Laudani

 | Dec 4, 2014 | 3:00 PM EST

Is it time to throw in the towel?

bearishAltera estimates, target lowered at Drexel

Oct 24, 2014 | 8:07 AM EDT

Shares of ALTR now seen reaching $38, according to Drexel Hamilton. Customer spending has been pushed out to the new year. Buy rating. 

By

Doug Kass

 | Oct 23, 2014 | 7:36 AM EDT
Where it began.

bullishAltera estimates, target increased at JMP

Sep 19, 2014 | 7:33 AM EDT

ALTR estimates were raised through 2015, JMP Securities said. Company should benefit from favorable industry checks, including higher growth from China Mobile. Outperform rating and new $47 price target. 

By

Paul Price

 | Jul 24, 2014 | 8:30 AM EDT

Shares are more likely to recover than slip further.

By

Doug Kass

 | Jun 4, 2014 | 11:27 AM EDT
They are T-Mobile, Peabody and Altera.

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
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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.