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

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$67.09 +2.11 (+3.25 %)
(As of 09/20/2018 08:17 AM ET)
Previous Close$64.98
Today's Range$65.43 - $67.30
52-Week Range$62.80 - $82.45
Volume8.68 million shs
Average Volume8.09 million shs
Market Capitalization$52.02 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.88
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 / Sales10.39
Cash Flow$1.3349 per share
Price / Cash50.26
Book Value$32.58 per share
Price / Book2.06

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$52.02 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 announced that its board has authorized a share buyback program on Monday, July 31st 2017, which allows the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were Altaba's earnings last quarter?

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

What price target have analysts set for AABA?

6 Wall Street 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 45.2% 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 drop in short interest in the month of 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 daily volume of 8,440,342 shares, the days-to-cover ratio is presently 2.9 days. Currently, 3.1% of the shares of the stock 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 65)
  • Ms. DeAnn Fairfield Work, Chief Compliance Officer (Age 49)

Has Altaba been receiving favorable news coverage?

Headlines about AABA stock have been trending somewhat positive on Thursday, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Altaba earned a news impact score of 0.18 on Accern's scale. They also assigned headlines about the company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Altaba.

Who are Altaba's major shareholders?

Altaba's stock is owned by many different of institutional and retail 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 major 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 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 $67.09.

How big of a company is Altaba?

Altaba has a market capitalization of $52.02 billion and generates $5.17 billion in revenue each year.

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:  253 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  427
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 9/20/2018 by MarketBeat.com Staff

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