NASDAQ:AABA - Altaba Stock Price, News, & Analysis

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$68.17 +0.03 (+0.04 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$68.14
Today's Range$67.04 - $68.94
52-Week Range$62.06 - $82.45
Volume13.24 million shs
Average Volume9.15 million shs
Market Capitalization$56.81 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.91
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
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 RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.17 billion
Price / Sales10.56
Cash Flow$1.2419 per share
Price / Cash54.89
Book Value$32.58 per share
Price / Book2.09

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 Shares800,510,000
Market Cap$56.81 billion

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 declared that its board has authorized a stock buyback program on Monday, July 31st 2017, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 8.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.

How were Altaba's earnings last quarter?

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

What price target have analysts set for AABA?

6 brokers have issued 12-month price targets for Altaba's stock. Their forecasts range from $82.00 to $115.00. On average, they expect Altaba's stock price to reach $98.00 in the next year. This suggests a possible upside of 43.8% from the stock's current price. View Analyst Price Targets for Altaba.

What is the consensus analysts' recommendation for Altaba?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altaba in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altaba.

Are investors shorting Altaba?

Altaba saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 40,812,828 shares, an increase of 14.1% from the July 13th total of 35,761,739 shares. Based on an average daily trading volume, of 11,488,557 shares, the short-interest ratio is currently 3.6 days. Currently, 5.0% of the company's shares are short sold. View Altaba's Current Options Chain.

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. Joon Huh, Head of Investor Relation
  • Mr. Arthur Chong, Gen. Counsel & Sec. (Age 64)
  • Ms. DeAnn Fairfield Work, Chief Compliance Officer (Age 49)

Has Altaba been receiving favorable news coverage?

News articles about AABA stock have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Altaba earned a news impact score of 0.14 on Accern's scale. They also assigned news coverage about the company an impact score of 48.42 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Altaba.

Who are Altaba's major shareholders?

Altaba's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Canyon Capital Advisors LLC (5.45%), LMR Partners LLP (0.89%), Canada Pension Plan Investment Board (0.76%), Starboard Value LP (0.70%), Bank of Nova Scotia (0.50%) and Abrams Capital Management L.P. (0.48%). 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 Starboard Value LP, Nokota Management LP, Canada Pension Plan Investment Board, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, PointState Capital LP, Segantii Capital Management Ltd, Bank of Nova Scotia and Zweig DiMenna Associates LLC. 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 acquired by a variety of institutional investors in the last quarter, including LMR Partners LLP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Coronation Fund Managers Ltd., TD Asset Management Inc., Fred Alger Management Inc., Morgan Stanley, SG Americas Securities LLC and Canyon Capital Advisors 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 $68.17.

How big of a company is Altaba?

Altaba has a market capitalization of $56.81 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 (NASDAQ AABA)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  386
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 8/18/2018 by MarketBeat.com Staff

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