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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

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Interest Coverage 9.17
ALTR's Interest Coverage is ranked lower than
73% of the 659 Companies
in the Global Semiconductors industry.

( Industry Median: 52.95 vs. ALTR: 9.17 )
Ranked among companies with meaningful Interest Coverage only.
ALTR' s Interest Coverage Range Over the Past 10 Years
Min: 0  Med: 0 Max: 9.17
Current: 9.17
0
9.17
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

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» ALTR's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-10-22)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q1 2015

ALTR Guru Trades in Q1 2015

Eric Mindich 328,000 sh (New)
Paul Tudor Jones 9,031 sh (New)
John Burbank 9,415 sh (New)
Jim Simons 25,673 sh (New)
Joel Greenblatt 501,141 sh (+1582.64%)
First Eagle Investment 4,122,662 sh (+182.12%)
John Rogers 195,555 sh (+107.97%)
PRIMECAP Management 13,444,028 sh (+11.47%)
Chris Davis 38,800 sh (unchged)
Ray Dalio Sold Out
» More
Q2 2015

ALTR Guru Trades in Q2 2015

George Soros 97,087 sh (New)
Mario Gabelli 745,000 sh (New)
Louis Moore Bacon 50,000 sh (New)
Jeremy Grantham 1,679,800 sh (New)
Paul Tudor Jones 175,500 sh (+1843.31%)
PRIMECAP Management 13,499,807 sh (+0.41%)
Chris Davis 38,800 sh (unchged)
Jim Simons Sold Out
Eric Mindich Sold Out
John Burbank Sold Out
First Eagle Investment 4,117,712 sh (-0.12%)
John Rogers 84,373 sh (-56.85%)
Joel Greenblatt 32,258 sh (-93.56%)
» More
Q3 2015

ALTR Guru Trades in Q3 2015

Jeff Auxier 83,103 sh (New)
Prem Watsa 20,000 sh (New)
John Paulson 3,486,600 sh (New)
George Soros 441,606 sh (+354.86%)
Mario Gabelli 771,200 sh (+3.52%)
Chris Davis 38,800 sh (unchged)
Joel Greenblatt 32,258 sh (unchged)
Paul Tudor Jones 100,000 sh (unchged)
John Rogers Sold Out
Louis Moore Bacon Sold Out
First Eagle Investment 4,077,866 sh (-0.97%)
PRIMECAP Management 11,839,250 sh (-12.30%)
Paul Tudor Jones 151,404 sh (-13.73%)
Jeremy Grantham 1,327,128 sh (-20.99%)
» More
Q4 2015

ALTR Guru Trades in Q4 2015

Paul Tudor Jones 150,000 sh (unchged)
Mario Gabelli Sold Out
Jeff Auxier Sold Out
Chris Davis Sold Out
Jeremy Grantham Sold Out
Prem Watsa Sold Out
PRIMECAP Management Sold Out
First Eagle Investment Sold Out
Paul Tudor Jones Sold Out
George Soros Sold Out
Joel Greenblatt Sold Out
John Paulson Sold Out
Jerome Dodson Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with ALTR

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Semiconductors » Semiconductors
Compare:NAS:LLTC, NAS:SWKS, NAS:XLNX, NAS:MCHP, NAS:ADI, OTCPK:IFNNY, NAS:MXIM, NYSE:ASX, NAS:QRVO, NYSE:STM, NAS:MRVL, NAS:AMD, OTCPK:ROHCY, NAS:SPIL, NYSE:UMC, NAS:MSCC, NYSE:SMI, NAS:ON, NAS:CY, NAS:ATML » details
Traded in other countries:ALR.Germany,


Altera Corp was founded in 1983 and reincorporated in the State of Delaware in 1997. It designs and sells programmable logic devices, HardCopy application-specific integrated circuit devices, power system-on-chip devices, pre-defined design building blocks known as intellectual property cores, and associated development tools. Its PLDs, which consist of field-programmable gate arrays, including those referred to as systems-on-chip FPGAs which incorporate hard embedded processor cores, and complex programmable logic devices. FPGAs and CPLDs are standard semiconductor integrated circuits that are manufactured as standard chips that its customers program to perform desired logic and processing functions within their electronic systems. With its HardCopy devices it offers its customers a migration path from a PLD to a low-cost, high-volume, non-programmable implementation of their designs. Its customers can license IP cores for implementation of standard functions in their PLD designs. Customers develop, compile, and verify their PLD designs, and then program their designs into its PLDs using its proprietary development software, which operates on personal computers and engineering workstations. Its products serve a range of customers within the Telecom and Wireless, Industrial Automation, Military and Automotive, Networking, Computer and Storage and Other vertical markets. Its geographical segments include US, Japan, China, Europe and Other. Its customers design electronic systems that typically use three types of digital integrated circuits: Processors, which include microprocessors, microcontrollers, graphics processors, and digital signal processors, control central computing tasks and signal processing; Memory stores programming instructions and data; and Logic manages the interchange and manipulation of digital signals within a system. It classifies its products into three categories: New, Mainstream, and Mature and Other Products. New Products include the Stratix V, Stratix IV, Arria 10, Arria V, Arria II, Cyclone V, Cyclone IV, MAX 10 FPGAs, MAX V CPLDs, HardCopy IV devices and Enpirion PowerSoCs. Mainstream Products include the Stratix III, Cyclone III, MAX II and HardCopy III devices. Mature and Other Products include the Stratix II, Stratix, Arria GX, Cyclone II, Cyclone, Classic, MAX 3000A, MAX 7000, MAX 7000A, MAX 7000B, MAX 7000S, MAX 9000, HardCopy II, HardCopy, FLEXseries, APEX series, Mercury, Excalibur devices, configuration and other devices, intellectual property cores, and software and other tools. The Company competes with PLD vendors such as Lattice Semiconductor Corporation, Microsemi Corporation, and Xilinx Inc. Other semiconductor companies with whom it may compete includes Analog Devices Inc., Atmel Corporation, Avago Technologies, Broadcom Corporation, Cavium, Inc., Freescale Semiconductor Inc., GlobalFoundries Inc., HiSilicon Technologies Company, Intel Corporation ("Intel"), Linear Technology Corporation

Top Ranked Articles about Altera Corp

Auxier Buys New Stake in Allstate Auxier added only two new stocks during the 3rd quarter
Value investor Jeff Auxier (Trades, Portfolio) heads Auxier Asset Management in Portland, Ore., far from the noise of Wall Street. When evaluating potential investments, Auxier and the firm look for companies that have strong or improving fundamentals, consistency in operating results and understandable products, among other attributes. Read more...
Prem Watsa Buys Stock Buffett Sold, 2 Other Holdings Canada-based investor releases recent quarter portfolio update
Prem Watsa (Trades, Portfolio)’s Fairfax Financial Holdings, a Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B)-style insurance conglomerate with a stock portfolio, purchased three new stocks in the recent quarter, one of which is a former Warren Buffett (Trades, Portfolio) holding, he reported Friday. Read more...
Weekly 52-Week Highs Highlights: Altera, Paychex, Becton Dickinson, Intercontinental Exchange A look at the performances of companies that have recently reached their yearly high stock prices.
According to GuruFocus list of 52-week highs, Altera Corp. (NASDAQ:ALTR), Paychex Inc. (NASDAQ:PAYX), Becton Dickinson & Co. (NYSE:BDX) and Intercontinental Exchange Inc. (NYSE:ICE) have all reached their 52-week highs. Read more...

Ratios

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Dividend & Buy Back

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Dividend Yield 1.33
ALTR's Dividend Yield is ranked lower than
66% of the 566 Companies
in the Global Semiconductors industry.

( Industry Median: 1.89 vs. ALTR: 1.33 )
Ranked among companies with meaningful Dividend Yield only.
ALTR' s Dividend Yield Range Over the Past 10 Years
Min: 0  Med: 0 Max: 1.33
Current: 1.33
0
1.33
Dividend Payout 0.65
ALTR's Dividend Payout is ranked lower than
62% of the 388 Companies
in the Global Semiconductors industry.

( Industry Median: 0.50 vs. ALTR: 0.65 )
Ranked among companies with meaningful Dividend Payout only.
ALTR' s Dividend Payout Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0.65
Current: 0.65
0
0.65
Forward Dividend Yield 1.33
ALTR's Forward Dividend Yield is ranked lower than
69% of the 526 Companies
in the Global Semiconductors industry.

( Industry Median: 2.21 vs. ALTR: 1.33 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 1.33
ALTR's Yield on cost (5-Year) is ranked higher than
72% of the 681 Companies
in the Global Semiconductors industry.

( Industry Median: 2.31 vs. ALTR: 1.33 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
ALTR' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 1.33
Current: 1.33
0
1.33

Valuation & Return

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More Statistics

Revenue (TTM) (Mil) $1,729
EPS (TTM) $ 1.10
Short Percentage of Float2.32%
52-Week Range $32.67 - 53.97
Shares Outstanding (Mil)302.86

Analyst Estimate

Dec15 Dec16
Revenue (Mil $) 1,675 1,871
EPS ($) 1.16 1.35
EPS w/o NRI ($) 1.16 1.35
EPS Growth Rate
(3Y to 5Y Estimate)
8.84%
Dividends Per Share ($) 0.69 0.75
» More Articles for ALTR

Headlines

Articles On GuruFocus.com
Increasing Yields for Altera, Coach, Ambev May 19 2016 
5 Companies Hit 52-Week Highs May 03 2016 
John Rogers Sells Position in CVS Dec 12 2015 
Bearish Sentiment in Intel's Stock in the Future Nov 30 2015 
Auxier Buys New Stake in Allstate Nov 13 2015 
Prem Watsa Buys Stock Buffett Dropped, 2 More Nov 13 2015 
Weekly 52-Week Highs Highlights: Altera, Paychex, Becton Dickinson, Intercontinental Exchange Nov 10 2015 
Cisco Acquires Three New Businesses in October Nov 03 2015 
Is Intel a Buy at These Depressed Prices? Aug 31 2015 
GAMCO Investors' Top Buys in Q2 2015 Aug 09 2015 

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Intel’s Programmable Solutions Segment Posts Double-Digit Growth Aug 01 2016
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Will Fiscal 1Q17 Earnings Bring Good News for Xilinx Investors? Jul 21 2016
Xilinx Would Be An Attractive Takeover Candidate for At Least 2 Other Rivals Jun 13 2016
Intel’s $17 Billion Altera Bet ‘Unexciting,’ Won’t Slug Rival Xilinx Jun 10 2016
Did Xilinx’s 2021 Forecast Undercut Intel’s $17 Billion Altera Buy? May 24 2016
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Google, Alphabet Could Be Big Winners From Intel-IRS Tax Dispute Feb 29 2016
Macnica Releases Mpression Sodia Board Based on Altera Cyclone V ST SoC Feb 16 2016
Industry's First 5G Algorithm Innovation Competition Will Help Accelerate 5G Development Jan 26 2016
The Zacks Analyst Blog Highlights: Intel, Taiwan Semiconductor, ASML Holding and Advanced Micro... Jan 21 2016

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