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

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$79.46 -0.16 (-0.20 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$79.46
Today's Range$78.87 - $80.17
52-Week Range$53.13 - $82.45
Volume8.65 million shs
Average Volume7.69 million shs
Market Capitalization$69.54 billion
P/E Ratio318.48
Dividend YieldN/A
Beta1.97
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

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 Ratio318.48
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.17 billion
Price / Sales13.43
Cash Flow$1.2904 per share
Price / Cash61.58
Book Value$32.58 per share
Price / Book2.44

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

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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 stock buyback plan 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 buy up to 8.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

How were Altaba's earnings last quarter?

Altaba Inc (NASDAQ:AABA) issued its quarterly earnings data 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 the consensus estimate of $1.08 billion. The business'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.

When is Altaba's next earnings date?

Altaba is scheduled to release their next quarterly earnings announcement on Tuesday, June, 26th 2018. View Earnings Estimates for Altaba.

What price target have analysts set for AABA?

5 equities research analysts have issued twelve-month price targets for Altaba's stock. Their forecasts range from $88.00 to $124.00. On average, they expect Altaba's share price to reach $101.00 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 daily trading volume, of 3,297,490 shares, the days-to-cover ratio is currently 8.1 days. Currently, 3.3% of the shares of the stock are sold short. 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. Arthur Chong, Gen. Counsel & Sec. (Age 65)
  • Ms. DeAnn Fairfield Work, Chief Compliance Officer (Age 49)

Has Altaba been receiving favorable news coverage?

Media coverage about AABA stock has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Altaba earned a media sentiment score of 0.02 on Accern's scale. They also assigned news stories about the company an impact score of 47.61 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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 (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 bought 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 $79.46.

How big of a company is Altaba?

Altaba has a market capitalization of $69.54 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:  171 (Vote Outperform)
Underperform Votes:  133 (Vote Underperform)
Total Votes:  304
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 6/23/2018 by MarketBeat.com Staff

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