NASDAQ:AABA - Altaba Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$81.46 -0.90 (-1.09 %)
(As of 06/17/2018 04:00 PM ET)
Previous Close$81.46
Today's Range$80.63 - $82.14
52-Week Range$51.90 - $82.45
Volume11.17 million shs
Average Volume5.90 million shs
Market Capitalization$71.15 billion
P/E Ratio325.84
Dividend YieldN/A
Beta1.97

About Altaba (NASDAQ:AABA)

Altaba logoAltaba Inc. operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc. and changed its name to Altaba Inc. in June 2017. Altaba Inc. was founded in 1994 and is based in New York, New York.

Receive AABA News and Ratings via Email

Sign-up to receive the latest news and ratings for AABA and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:AABA
CUSIPN/A
Phone408-349-3300

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio325.84
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.17 billion
Price / Sales13.76
Cash Flow$1.2928 per share
Price / Cash63.01
Book Value$32.58 per share
Price / Book2.50

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees8,500
Outstanding Shares873,380,000

Altaba (NASDAQ:AABA) Frequently Asked Questions

What is Altaba's stock symbol?

Altaba trades on the NASDAQ under the ticker symbol "AABA."

How will Altaba's stock buyback program work?

Altaba announced that its board has initiated a share repurchase plan on Monday, July 31st 2017, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 8.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

How were Altaba's earnings last quarter?

Altaba Inc (NASDAQ:AABA) announced its quarterly earnings data on Monday, July, 18th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by $0.01. The firm earned $842 million during the quarter, compared to analysts' expectations of $1.08 billion. The company's revenue for the quarter was down 19.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 EPS. View Altaba's Earnings History.

When is Altaba's next earnings date?

Altaba is scheduled to release their next quarterly earnings announcement on Tuesday, June, 19th 2018. View Earnings Estimates for Altaba.

What price target have analysts set for AABA?

7 Wall Street analysts have issued 1 year target prices for Altaba's stock. Their forecasts range from $48.00 to $124.00. On average, they expect Altaba's stock price to reach $89.2857 in the next twelve months. View Analyst Ratings for Altaba.

Are investors shorting Altaba?

Altaba saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 26,714,465 shares, an increase of 0.9% from the May 15th total of 26,957,021 shares. Based on an average trading volume of 3,297,490 shares, the days-to-cover ratio is currently 8.1 days. Approximately 3.3% of the shares of the company are short sold.

Who are some of Altaba's key competitors?

Who are Altaba's key executives?

Altaba's management team includes the folowing people:
  • Mr. Thomas J. McInerney, CEO & Director (Age 54)
  • Ms. Alexi A. Wellman, Chief Financial & Accounting Officer (Age 48)
  • Mr. Arthur Chong, Gen. Counsel & Sec. (Age 65)
  • Ms. DeAnn Fairfield Work, Chief Compliance Officer (Age 49)

Has Altaba been receiving favorable news coverage?

Press coverage about AABA stock has trended somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Altaba earned a news impact score of 0.13 on Accern's scale. They also assigned media headlines about the company an impact score of 45.77 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Altaba's major shareholders?

Altaba's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Canyon Capital Advisors LLC (4.96%), Element Capital Management LLC (2.39%), OZ Management LP (1.66%), Hsbc Holdings PLC (1.07%), Farallon Capital Management LLC (0.97%) and First Pacific Advisors LLC (0.79%). Company insiders that own Altaba stock include Alexi Wellman, Lisa Utzschneider, Tci Fund Management Ltd and Tor Braham. View Institutional Ownership Trends for Altaba.

Which major investors are selling Altaba stock?

AABA stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Farallon Capital Management LLC, PointState Capital LP, Element Capital Management LLC, Twin Securities Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, First Pacific Advisors LLC and Carve CapitalAB. Company insiders that have sold Altaba company stock in the last year include Alexi Wellman, Tci Fund Management Ltd and Tor Braham. View Insider Buying and Selling for Altaba.

Which major investors are buying Altaba stock?

AABA stock was purchased by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, OZ Management LP, Suvretta Capital Management LLC, Hsbc Holdings PLC, P Schoenfeld Asset Management LP, MSD Partners L.P., Zweig DiMenna Associates LLC and Stonehill Capital Management LLC. View Insider Buying and Selling for Altaba.

How do I buy shares of Altaba?

Shares of AABA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Altaba's stock price today?

One share of AABA stock can currently be purchased for approximately $81.46.

How big of a company is Altaba?

Altaba has a market capitalization of $71.15 billion and generates $5.17 billion in revenue each year. Altaba employs 8,500 workers across the globe.

How can I contact Altaba?

Altaba's mailing address is 701 FIRST AVENUE, SUNNYVALE CA, 94089. The company can be reached via phone at 408-349-3300 or via email at [email protected]


MarketBeat Community Rating for Altaba (AABA)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  297
MarketBeat's community ratings are surveys of what our community members think about Altaba and other stocks. Vote "Outperform" if you believe AABA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AABA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/17/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.