About Altaba (NASDAQ:AABA)
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
Trailing P/E Ratio325.84
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$5.17 billion
Price / Sales13.79
Cash Flow$1.2954 per share
Price / Cash63.00
Book Value$32.58 per share
Price / Book2.50
EPS (Most Recent Fiscal Year)N/A
Return on EquityN/A
Return on AssetsN/A
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 authorized a stock repurchase program on Monday, July 31st 2017, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 8.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.
How were Altaba's earnings last quarter?
Altaba Inc (NASDAQ:AABA) announced its quarterly earnings data on Monday, July, 18th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.01. The company earned $842 million during the quarter, compared to analyst estimates of $1.08 billion. The company's quarterly revenue was down 19.3% on a year-over-year basis. During the same quarter in the prior 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?
7 brokers have issued twelve-month price objectives for Altaba's shares. Their predictions range from $48.00 to $124.00. On average, they anticipate Altaba's stock price to reach $89.2857 in the next twelve months. View Analyst Ratings for Altaba.
Are investors shorting Altaba?
Altaba saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 26,714,465 shares, an increase of 0.9% from the May 15th total of 26,957,021 shares. Based on an average daily trading volume, of 3,297,490 shares, the days-to-cover ratio is presently 8.1 days. Approximately 3.3% of the shares of the stock are short sold.
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. 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 identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Altaba earned a media sentiment score of 0.13 on Accern's scale. They also assigned media coverage about the company an impact score of 46.85 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect 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 retail and institutional investors. Top institutional investors include Canyon Capital Advisors LLC (4.96%), Element Capital Management LLC (2.39%), OZ Management LP (1.66%), Hsbc Holdings PLC (1.07%), Farallon Capital Management LLC (0.97%) and First Pacific Advisors LLC (0.79%). 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 Iridian Asset Management LLC CT, Farallon Capital Management LLC, PointState Capital LP, Element Capital Management LLC, Twin Securities Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, First Pacific Advisors LLC and Carve CapitalAB. 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 acquired by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, OZ Management LP, Suvretta Capital Management LLC, Hsbc Holdings PLC, P Schoenfeld Asset Management LP, MSD Partners L.P., Zweig DiMenna Associates LLC and Stonehill Capital Management 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 $81.61.
How big of a company is Altaba?
Altaba has a market capitalization of $71.15 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 (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.