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
Industry Computer integrated systems design
Sub-IndustryN/A
SectorFinance
Phone408-349-3300
Debt
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Sales & Book Value
Annual Sales$5.17 billion
Price / Sales7.32
Price / Cash FlowN/A
Price / BookN/A
Profitability
Net IncomeN/A
Net MarginsN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/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 of Directors has approved a share buyback program on Monday, July 31st 2017, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits 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 management believes its shares are undervalued.
What price target have analysts set for AABA?
6 brokerages have issued 12-month target prices for Altaba's stock. Their forecasts range from $80.00 to $115.00. On average, they expect Altaba's stock price to reach $95.80 in the next twelve months. This suggests a possible upside of 52.6% 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 stories about AABA stock have trended negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. 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 media sentiment score of -2.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the immediate future.
Are investors shorting Altaba?
Altaba saw a decline in short interest during the month of December. As of December 14th, there was short interest totalling 17,639,187 shares, a decline of 37.3% from the November 30th total of 28,117,996 shares. Based on an average daily trading volume, of 8,171,005 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.3% of the company's stock 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), Open Text (OTEX), Leidos (LDOS), Caci International (CACI), Verint Systems (VRNT), Science Applications International (SAIC), Allscripts Healthcare Solutions (MDRX), NetScout Systems (NTCT), Scientific Games (SGMS), 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 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 many different of institutional and retail investors. Top institutional shareholders include Steward Partners Investment Advisory LLC (0.00%) and Watermark Asset Management Inc. (0.00%). 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 Steward Partners Investment Advisory LLC. Company insiders that have sold Altaba company stock in the last year include Alexi Wellman and Tci Fund Management Ltd. View Insider Buying and Selling for Altaba.
Which major investors are buying Altaba stock?
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 $62.78.
How big of a company is Altaba?
Altaba has a market capitalization of $37.89 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.
