Altera (NASDAQ: ALTR) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $32.33 as of 9:35 a.m. ET, the dividend yield is 1.8%. The average volume for Altera has been 3.4 million shares per day over the past 30 days. Altera has a market cap of $10.4 billion and is part of the electronics industry. Shares are unchanged year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Altera Corporation, a semiconductor company, designs, manufactures, and markets programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, pre-defined design building blocks, and proprietary development software. The company has a P/E ratio of 23.92. TheStreet Ratings rates Altera as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Altera Ratings Report now.
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