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
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$1.2960 per share
Price / Cash57.61
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$65,049.20
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.
How were Altaba's earnings last quarter?
Altaba Inc (NASDAQ:AABA) issued its earnings results on Monday, July, 18th. The company reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.01. The business had revenue of $842 million for the quarter, compared to analysts' expectations of $1.08 billion. The firm's revenue was down 19.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.16 EPS. View Altaba's Earnings History.
When is Altaba's next earnings date?
What price target have analysts set for AABA?
6 Wall Street analysts have issued 12 month price objectives for Altaba's stock. Their forecasts range from $82.00 to $124.00. On average, they expect Altaba's share 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 in 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 days-to-cover ratio is presently 2.4 days. Currently, 3.6% 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), CSRA (CSRA), Scientific Games (SGMS), CACI INTERNATIONAL INC Common Stock (CACI), Science Applications International (SAIC), Verint Systems (VRNT), Ebix (EBIX), NetScout Systems (NTCT), Convergys (CVG), Allscripts Healthcare Solutions (MDRX) and Sykes Enterprises (SYKE).
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?
Media coverage about AABA stock has been trending somewhat negative this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Altaba earned a media sentiment score of -0.06 on Accern's scale. They also assigned press coverage about the company an impact score of 47.53 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Altaba's major shareholders?
Altaba's stock is owned by a variety of of institutional and retail investors. Top institutional investors include OTA Financial Group L.P. (0.00%), DAVENPORT & Co LLC (0.00%), Laurel Grove Capital 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 major 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 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 $74.66.
How big of a company is Altaba?
Altaba has a market capitalization of $65.05 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)
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.
