About 58.com (NYSE:WUBA)
58.com Inc. is a holding company. The Company's business consists of its online classifieds and listing platforms. Its online classifieds and listings platforms enable local merchants and consumers to connect, share information and conduct business in China. These platforms include 58, Ganji and Anjuke. 58 and Ganji are online multi-content category-classified advertising platforms, while Anjuke is an online real estate listing platform. In addition, 58 Daojia Inc., its subsidiary, operates a mobile-based closed-loop transactional platform for home services, which directly connects consumers and individual service providers for local services, such as home cleaning, moving services and manicure services provided at home. Its classifieds and listing platforms contain local information for over 480 cities across various content categories, including jobs, real estate, used goods, automotive and yellow pages. It also offers membership, online marketing services and e-commerce services.
Industry, Sector and Symbol:
- Industry: Internet Services
- Sub-Industry: N/A
- Sector: Internet Services - NEC
- Symbol: NYSE:WUBA
- CUSIP: N/A
- Web: www.58.com
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 0.95%
- Quick Ratio: 0.95%
Sales & Book Value:
- Trailing P/E Ratio: 97.82
- Forward P/E Ratio: 72.62
- Annual Sales: $1.14218 billion
- Price / Sales: 9.53
- Book Value: $17.68 per share
- Price / Book: 4.23
- Trailing EPS: $0.76
- Net Income: ($110,710,000.00)
- Net Margins: 7.93%
- Return on Equity: 4.18%
- Return on Assets: 2.87%
- Employees: 23,132
- Outstanding Shares: 145,570,000
Frequently Asked Questions for 58.com (NYSE:WUBA)
What is 58.com's stock symbol?
58.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "WUBA."
How were 58.com's earnings last quarter?
58.com Inc. (NYSE:WUBA) posted its quarterly earnings results on Monday, August, 21st. The information services provider reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.42. The information services provider had revenue of $382.81 million for the quarter. 58.com had a return on equity of 4.18% and a net margin of 7.93%. View 58.com's Earnings History.
When will 58.com make its next earnings announcement?
Where is 58.com's stock going? Where will 58.com's stock price be in 2017?
11 equities research analysts have issued twelve-month price objectives for 58.com's shares. Their predictions range from $30.00 to $70.00. On average, they anticipate 58.com's share price to reach $50.63 in the next twelve months. View Analyst Ratings for 58.com.
Who are some of 58.com's key competitors?
Some companies that are related to 58.com include CoStar Group (CSGP), YY (YY), Just Eat PLC (JE), Youku Tudou (YOKU), Yelp (YELP), Rightmove Plc (RMV), CarGurus (CARG), Auto Trader Group PLC (AUTO), Trivago N.V. ADS (TRVG), Yirendai (YRD), Moneysupermarket.Com Group PLC (MONY), Cars.com (CARS), Qunar Cayman Islands Ltd (QUNR), Yext (YEXT), TrueCar (TRUE), NIC (EGOV), Blucora (BCOR) and Angie's List (ANGI).
Who are 58.com's key executives?
58.com's management team includes the folowing people:
- Jinbo Yao, Chairman of the Board, Chief Executive Officer, Founder (Age 39)
- Hao Zhou, Chief Financial Officer (Age 39)
- Jiandong Zhuang, Executive Vice President of Housing Business Group (Age 47)
- Hongyu Xing, Chief Technology Officer (Age 43)
- Xiaohua Chen, Chief Strategic Officer, Chief Executive Officer of 58 Home (Age 34)
- Xiaoguang Wu, Director (Age 40)
- Frank Lin, Independent Director (Age 52)
- Cheng-Chun Yu CPA, Independent Director (Age 45)
- Chi Zhang, Independent Director (Age 41)
Who owns 58.com stock?
58.com's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Carmignac Gestion (3.55%), Baillie Gifford & Co. (3.31%), Platinum Investment Management Ltd. (2.62%), Ruane Cunniff & Goldfarb Inc. (1.11%), Dragoneer Investment Group LLC (0.78%) and GMT Capital Corp (0.57%). View Institutional Ownership Trends for 58.com.
Who sold 58.com stock? Who is selling 58.com stock?
58.com's stock was sold by a variety of institutional investors in the last quarter, including Ruane Cunniff & Goldfarb Inc., Platinum Investment Management Ltd., Dragoneer Investment Group LLC, Ameriprise Financial Inc., New York State Common Retirement Fund, Formula Growth Ltd., SG Americas Securities LLC and GMT Capital Corp. View Insider Buying and Selling for 58.com.
Who bought 58.com stock? Who is buying 58.com stock?
58.com's stock was acquired by a variety of institutional investors in the last quarter, including Carmignac Gestion, Baillie Gifford & Co., JPMorgan Chase & Co., Pictet Asset Management Ltd., Parametrica Management Ltd, Legal & General Group Plc, Russell Investments Group Ltd. and Penserra Capital Management LLC. View Insider Buying and Selling for 58.com.
How do I buy 58.com stock?
Shares of 58.com 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 58.com's stock price today?
One share of 58.com stock can currently be purchased for approximately $74.80.
How big of a company is 58.com?
58.com has a market capitalization of $10.75 billion and generates $1.14218 billion in revenue each year. The information services provider earns ($110,710,000.00) in net income (profit) each year or $0.76 on an earnings per share basis. 58.com employs 23,132 workers across the globe.
How can I contact 58.com?
58.com's mailing address is Block E, The North American Bus Center Yi 108 Beiyuan road Chaoyang District, BEIJING, BEJ 100015, China. The information services provider can be reached via phone at +86-10-579608888.
MarketBeat Community Rating for 58.com (NYSE WUBA)MarketBeat's community ratings are surveys of what our community members think about 58.com and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for 58.com (NYSE:WUBA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 3 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.18)|
|Consensus Price Target: ||$50.63 (32.32% downside)|
Consensus Price Target History for 58.com (NYSE:WUBA)
Analysts' Ratings History for 58.com (NYSE:WUBA)
(Data available from 11/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/23/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||$62.00 -> $68.00||Medium|
|8/22/2017||Deutsche Bank AG||Upgrade||Hold -> Buy||$41.00 -> $70.00||Medium|
|6/30/2017||Morgan Stanley||Downgrade||Equal Weight -> Underweight||$42.00 -> $40.00||High|
|5/30/2017||Bank of America Corporation||Boost Price Target||Neutral||$46.00 -> $51.00||High|
|5/25/2017||CLSA||Upgrade||Underperform -> Outperform||$39.00 -> $50.00||Low|
|5/10/2017||TH Capital||Initiated Coverage||Buy||$48.00||Low|
|5/10/2017||T.H. Capital||Initiated Coverage||Buy -> Buy||$48.00||Low|
|4/18/2017||Benchmark Co.||Initiated Coverage||Hold -> Hold||High|
|3/14/2017||Haitong Bank||Downgrade||Neutral -> Sell||$31.00 -> $30.00||Low|
|1/24/2017||Brean Capital||Reiterated Rating||Hold||N/A|
|1/11/2017||Sanford C. Bernstein||Initiated Coverage||Underperform||N/A|
|11/11/2016||Credit Suisse Group||Downgrade||Outperform -> Neutral||N/A|
|11/30/2015||The Goldman Sachs Group, Inc.||Boost Price Target||Neutral||$58.00||N/A|
Earnings History and Estimates Chart for 58.com (NYSE:WUBA)
Earnings History by Quarter for 58.com (NYSE WUBA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/26/2018|| || || || || || || || |
|11/10/2016||Q316||($0.11)||($0.21)||$308.29 million||$306.50 million||View||Listen|
|8/18/2016||Q216||($0.11)||$0.15||$303.42 million||$297.80 million||View||N/A|
|11/30/2015||Q315||($0.72)||($0.50)||$200.02 million||$212.90 million||View||N/A|
|8/20/2015||Q215||($0.51)||$0.19||$149.46 million||$159.50 million||View||Listen|
|5/26/2015||Q115||($0.25)||($0.54)||$85.10 million||$87.10 million||View||N/A|
|3/9/2015||($0.15)||$0.06||$78.10 million||$80.20 million||View||N/A|
|11/11/2014||Q314||($0.01)||$0.07||$67.90 million||$72.00 million||View||N/A|
|8/21/2014||Q214||$0.08||$0.15||$62.70 million||$64.60 million||View||N/A|
|5/23/2014||$0.04||$0.03||$44.63 million||$48.20 million||View||N/A|
|2/28/2014||Q413||$0.05||$0.14||$42.00 million||$45.30 million||View||N/A|
|11/27/2013||Q3 13||$0.05||$23.40 million||$41.60 million||View||N/A|
Earnings Estimates for 58.com (NYSE:WUBA)
Current Year EPS Consensus Estimate: $1.03 EPS
Next Year EPS Consensus Estimate: $2.05 EPS
Dividend History for 58.com (NYSE:WUBA)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for 58.com (NYSE WUBA)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for 58.com (NYSE:WUBA)
Latest Headlines for 58.com (NYSE WUBA)
58.com (NYSE WUBA) Chart for Saturday, November, 18, 2017