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

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$72.01 -1.72 (-2.33 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$73.73
Today's Range$71.72 - $73.35
52-Week Range$54.75 - $82.45
Volume7.68 million shs
Average Volume6.88 million shs
Market Capitalization$43.39 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.77
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$1.2622 per share

Profitability

Miscellaneous

EmployeesN/A
Market Cap$43.39 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 announced that its board has initiated a share repurchase 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 stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

What price target have analysts set for AABA?

4 equities research analysts have issued 1 year target prices for Altaba's stock. Their forecasts range from $80.00 to $115.00. On average, they expect Altaba's share price to reach $92.3333 in the next year. This suggests a possible upside of 28.2% 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altaba.

Has Altaba been receiving favorable news coverage?

Headlines about AABA stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Altaba earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Altaba?

Altaba saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 33,949,107 shares, an increase of 20.3% from the February 15th total of 28,227,475 shares. Based on an average daily volume of 6,517,399 shares, the short-interest ratio is presently 5.2 days. Approximately 5.9% of the shares of the company 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), Twitter (TWTR), Alphabet (GOOG), Bank of America (BAC), Tesla (TSLA), Micron Technology (MU), Intel (intc), Starbucks (SBUX) and Gilead Sciences (GILD).

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. Joon Huh, Head of Investor Relation
  • 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 a variety of of institutional and retail investors. Top institutional investors include Elliott Management Corp (3.68%), Owl Creek Asset Management L.P. (2.97%), Millennium Management LLC (1.93%), Hsbc Holdings PLC (1.00%), Canada Pension Plan Investment Board (0.87%) and Norges Bank (0.73%). 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 Prudential PLC, Elliott Management Corp, Bank of Nova Scotia, AGF Investments Inc., Bank of New York Mellon Corp, Gates Capital Management Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Coronation Fund Managers Ltd.. 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 Norges Bank, Samlyn Capital LLC, Canada Pension Plan Investment Board, FMR LLC, LMR Partners LLP, Syquant Capital Sas, Hsbc Holdings PLC and BlackRock 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 $72.01.

How big of a company is Altaba?

Altaba has a market capitalization of $43.39 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:  3.1 out of 5 (star star star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  541
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 3/23/2019 by MarketBeat.com Staff

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