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 / Sales10.52
Cash Flow$1.2851 per share
Price / Cash52.86
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
EmployeesN/A
Outstanding Shares800,510,000
Market Cap$54.71 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 approved a stock buyback 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 purchase up to 8.4% of its stock through open market purchases. Stock repurchase plans are typically an indication 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 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.01. The business earned $842 million during the quarter, compared to the consensus estimate of $1.08 billion. Altaba's quarterly revenue was down 19.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.16 earnings per share. View Altaba's Earnings History.
What price target have analysts set for AABA?
6 brokerages have issued 12-month price objectives for Altaba's stock. Their predictions range from $82.00 to $115.00. On average, they expect Altaba's stock price to reach $97.40 in the next year. This suggests a possible upside of 43.4% 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 drop in short interest in August. As of August 31st, there was short interest totalling 24,719,649 shares, a drop of 42.8% from the August 15th total of 43,230,031 shares. Based on an average trading volume of 8,440,342 shares, the days-to-cover ratio is presently 2.9 days. Approximately 3.1% of the shares of the company are short sold. 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), Ebix (EBIX), Allscripts Healthcare Solutions (MDRX), Scientific Games (SGMS), Convergys (CVG), 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 a number of of retail and institutional investors. Top institutional investors 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 institutional investors are selling Altaba stock?
AABA stock was sold by a variety of institutional investors in the last quarter, including Starboard Value LP, Bain Capital Public Equity Management LLC, 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 and Bank of Nova Scotia. 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 institutional investors are buying Altaba stock?
AABA stock was purchased 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 $67.93.
How big of a company is Altaba?
Altaba has a market capitalization of $54.71 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.
