Altaba 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.
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 / Sales9.40
Cash Flow$1.2622 per share
Price / Cash48.10
Book Value$32.58 per share
Price / Book1.86
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares800,510,000
Market Cap$49.78 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 of Directors has authorized a stock buyback program on Monday, July 31st 2017, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 8.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.
How were Altaba's earnings last quarter?
Altaba Inc (NASDAQ:AABA) released its earnings results on Monday, July, 18th. The company reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.01. The business had revenue of $842 million for the quarter, compared to analyst estimates of $1.08 billion. The firm's revenue was down 19.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.16 EPS. View Altaba's Earnings History.
What price target have analysts set for AABA?
6 analysts have issued 1-year price targets for Altaba's shares. Their forecasts range from $82.00 to $115.00. On average, they anticipate Altaba's stock price to reach $97.40 in the next twelve months. This suggests a possible upside of 59.2% 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 September. As of September 28th, there was short interest totalling 24,789,924 shares, an increase of 9.1% from the September 14th total of 22,718,777 shares. Based on an average daily volume of 8,079,091 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.1% of the company's shares are sold short. View Altaba's Current Options Chain.
Who are some of Altaba's key competitors?
Some companies that are related to Altaba include Cerner (CERN), Godaddy (GDDY), Jack Henry & Associates (JKHY), Leidos (LDOS), Open Text (OTEX), CSRA (CSRA), Caci International (CACI), Science Applications International (SAIC), Verint Systems (VRNT), Allscripts Healthcare Solutions (MDRX), Scientific Games (SGMS), Convergys (CVG), Ebix (EBIX), NetScout Systems (NTCT) and Quality Systems (QSII).
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 65)
- Ms. DeAnn Fairfield Work, Chief Compliance Officer (Age 49)
Who are Altaba's major shareholders?
Altaba's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.04%), Nisa Investment Advisors LLC (0.02%), Aperio Group LLC (0.01%), Laurel Grove Capital LLC (0.00%), Neumann Advisory Hong Kong Ltd (0.00%) and DAVENPORT & Co LLC (0.00%). 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 Aperio Group LLC, Neumann Advisory Hong Kong Ltd, DAVENPORT & Co LLC, Rathbone Brothers plc, Atria Investments LLC and Nisa Investment Advisors 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 purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Laurel Grove Capital LLC, Supplemental Annuity Collective Trust of NJ, New Jersey Better Educational Savings Trust and NEXT Financial Group Inc. 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 $61.20.
How big of a company is Altaba?
Altaba has a market capitalization of $49.78 billion and generates $5.17 billion in revenue each year.
What is Altaba's official website?
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)
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.
