NASDAQ:AABA - Altaba Stock Price, Price Target & More

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$74.66 -0.70 (-0.93 %)
(As of 07/18/2018 04:00 PM ET)
Previous Close$75.36
Today's Range$74.47 - $75.57
52-Week Range$56.84 - $82.45
Volume11.08 million shs
Average Volume7.87 million shs
Market Capitalization$65.21 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.97
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 / Sales12.61
Cash Flow$1.2930 per share
Price / Cash57.74
Book Value$32.58 per share
Price / Book2.29

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees8,500
Outstanding Shares873,380,000
Market Cap$65,206.40

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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 of Directors has initiated a share repurchase program on Monday, July 31st 2017, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

How were Altaba's earnings last quarter?

Altaba Inc (NASDAQ:AABA) released 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 business earned $842 million during the quarter, compared to the consensus estimate of $1.08 billion. The firm's revenue was down 19.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.16 EPS. View Altaba's Earnings History.

When is Altaba's next earnings date?

Altaba is scheduled to release their next quarterly earnings announcement on Wednesday, August, 15th 2018. View Earnings Estimates for Altaba.

What price target have analysts set for AABA?

6 analysts have issued 1-year target prices for Altaba's shares. Their predictions range from $82.00 to $124.00. On average, they anticipate Altaba's stock price to reach $99.80 in the next twelve months. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Ratings 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."

Are investors shorting Altaba?

Altaba saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 29,455,866 shares, an increase of 5.9% from the June 15th total of 27,816,152 shares. Based on an average daily volume of 12,256,306 shares, the short-interest ratio is currently 2.4 days. Approximately 3.6% of the company's shares are sold short. 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?

News articles about AABA stock have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Altaba earned a news sentiment score of 0.12 on Accern's scale. They also gave media coverage about the company an impact score of 46.18 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Altaba's major shareholders?

Altaba's stock is owned by many different of institutional and retail investors. Top institutional investors include Westpac Banking Corp (0.01%), OTA Financial Group L.P. (0.00%), DAVENPORT & Co LLC (0.00%), Laurel Grove Capital LLC (0.00%), FNY Investment Advisers LLC (0.00%) and Filament LLC (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 institutional investors are selling Altaba stock?

AABA stock was sold by a variety of institutional investors in the last quarter, including OTA Financial Group L.P. and DAVENPORT & Co LLC. 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 FNY Investment Advisers LLC, Westpac Banking Corp, Filament LLC and Laurel Grove Capital 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 $74.66.

How big of a company is Altaba?

Altaba has a market capitalization of $65.21 billion and generates $5.17 billion in revenue each year. Altaba employs 8,500 workers across the globe.

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:  2.9 out of 5 (star star)
Outperform Votes:  202 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  349
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 7/18/2018 by MarketBeat.com Staff

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