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

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$68.07 -2.45 (-3.47 %)
(As of 05/20/2019 06:00 AM ET)
Previous Close$68.07
Today's Range$67.77 - $69.35
52-Week Range$54.75 - $82.45
Volume6.43 million shs
Average Volume5.10 million shs
Market Capitalization$41.02 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.73
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.17 billion
Cash Flow$1.2929 per share

Profitability

Miscellaneous

EmployeesN/A
Market Cap$41.02 billion
Next Earnings DateN/A
OptionableOptionable

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 approved a share repurchase plan on Monday, July 31st 2017, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 8.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for AABA?

4 brokers have issued twelve-month price objectives for Altaba's stock. Their forecasts range from $78.00 to $115.00. On average, they anticipate Altaba's stock price to reach $91.6667 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for Altaba.

What is the consensus analysts' recommendation for Altaba?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altaba in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altaba.

Has Altaba been receiving favorable news coverage?

News stories about AABA stock have been trending neutral this week, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Altaba earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Are investors shorting Altaba?

Altaba saw a drop in short interest during the month of April. As of April 15th, there was short interest totalling 32,367,829 shares, a drop of 7.4% from the March 29th total of 34,964,545 shares. Based on an average trading volume of 10,568,962 shares, the days-to-cover ratio is presently 3.1 days. Currently, 5.6% of the company's stock are short sold. View Altaba's Current Options Chain.

Who are some of Altaba's key competitors?

What other stocks do shareholders of Altaba own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Altaba investors own include Alibaba Group (BABA), Netflix (NFLX), Micron Technology (MU), Bank of America (BAC), Twitter (TWTR), Hawkins (HWKN), Alphabet (GOOG), Intel (INTC), Tesla (TSLA) and NVIDIA (NVDA).

Who are Altaba's key executives?

Altaba's management team includes the folowing people:
  • Mr. Thomas J. McInerney, CEO & Director (Age 55)
  • Ms. Alexi A. Wellman, Chief Financial & Accounting Officer (Age 49)
  • Mr. Arthur Chong, Gen. Counsel & Sec. (Age 66)
  • Ms. DeAnn Fairfield Work, Chief Compliance Officer (Age 50)

Who are Altaba's major shareholders?

Altaba's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Owl Creek Asset Management L.P. (3.28%), Aristeia Capital LLC (1.76%), BlueCrest Capital Management Ltd (1.72%), OZ Management LP (1.56%), Redwood Capital Management LLC (0.92%) and Primecap Management Co. CA (0.91%). Company insiders that own Altaba stock include Alexi Wellman, 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 Carve CapitalAB, Aristeia Capital LLC, Morgan Stanley, OZ Management LP, FMR LLC, Primecap Management Co. CA, Redwood Capital Management LLC and Wellington Management Group LLP. 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 CIBC World Markets Inc., BlueCrest Capital Management Ltd, Owl Creek Asset Management L.P., Eminence Capital LP, Cadian Capital Management LP, ExodusPoint Capital Management LP, Wells Fargo & Company MN and Lazard Asset 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 $68.07.

How big of a company is Altaba?

Altaba has a market capitalization of $41.02 billion and generates $5.17 billion in revenue each year.

What is Altaba's official website?

The official website for Altaba is http://www.yahoo.com.

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:  3.0 out of 5 (star star star)
Outperform Votes:  342 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  561
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 5/20/2019 by MarketBeat.com Staff

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