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
Current SymbolNASDAQ:AABA
Previous SymbolNASDAQ:YHOO
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 / Sales7.25
Cash Flow$1.3414 per share
Price / Cash46.37
Book Value$32.58 per share
Price / Book1.91
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 Shares602,600,000
Market Cap$36.13 billion
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 of Directors has initiated a share buyback program on Monday, July 31st 2017, which allows the company to repurchase $5,000,000,000.00 in 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 often a sign that the company's board believes its stock is undervalued.
What price target have analysts set for AABA?
6 brokers have issued twelve-month price objectives for Altaba's shares. Their forecasts range from $80.00 to $115.00. On average, they anticipate Altaba's stock price to reach $95.80 in the next year. This suggests a possible upside of 54.0% 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.
Has Altaba been receiving favorable news coverage?
News articles about AABA stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm 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 -5 to 5, with scores closest to five being the most favorable. Altaba earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.
Are investors shorting Altaba?
Altaba saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 19,832,709 shares, a decline of 20.0% from the September 28th total of 24,789,924 shares. Based on an average daily volume of 10,328,721 shares, the short-interest ratio is currently 1.9 days. Currently, 2.5% 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), Jack Henry & Associates (JKHY), Godaddy (GDDY), Leidos (LDOS), Open Text (OTEX), Caci International (CACI), Science Applications International (SAIC), Verint Systems (VRNT), NetScout Systems (NTCT), Scientific Games (SGMS), Allscripts Healthcare Solutions (MDRX), Ebix (EBIX), Sykes Enterprises (SYKE), Nextgen Healthcare (NXGN) and Unisys (UIS).
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 variety of of institutional and retail investors. Top institutional shareholders include OZ Management LP (1.71%), First Pacific Advisors LP (1.13%), Primecap Management Co. CA (0.97%), Hsbc Holdings PLC (0.95%), Franklin Resources Inc. (0.93%) and JPMorgan Chase & Co. (0.90%). 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 Hsbc Holdings PLC, BlackRock Inc., OZ Management LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Canada Pension Plan Investment Board, Dorsal Capital Management LLC, Laurion Capital Management LP and JPMorgan Chase & Co.. 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 bought by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, FIL Ltd, Connor Clark & Lunn Investment Management Ltd., Locust Wood Capital Advisers LLC, Coronation Fund Managers Ltd., Cornerstone Wealth Management LLC, FMR LLC and State of New Jersey Common Pension Fund D. 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 $62.20.
How big of a company is Altaba?
Altaba has a market capitalization of $36.13 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.
