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:
- Sector: Computer and Technology
- Industry: Internet Services
- Sub-Industry: N/A
- Symbol: NYSE:WUBA
- CUSIP: N/A
- Web: g.58.com
- Market Cap: $9.72143 billion
- Outstanding Shares: 145,574,000
- 50 Day Moving Avg: $59.97
- 200 Day Moving Avg: $46.46
- 52 Week Range: $27.58 - $68.85
Sales & Book Value:
- Trailing P/E Ratio: 351.47
- Foreward P/E Ratio: 46.70
- P/E Growth: 0.85
- Annual Revenue: $1.33 billion
- Price / Sales: 7.31
- Book Value: $19.55 per share
- Price / Book: 3.42
- EBIDTA: $230.09 million
- Net Margins: 2.14%
- Return on Equity: 1.04%
- Return on Assets: 0.72%
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 0.95%
- Quick Ratio: 0.95%
- Average Volume: 1.52 million shs.
- Beta: 2.17
- Short Ratio: 7.4
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 earnings results on Monday, August, 21st. The company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.42. The business had revenue of $382.81 million for the quarter. 58.com had a net margin of 2.14% and a return on equity of 1.04%. 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?
13 brokers have issued 12-month price objectives for 58.com's stock. Their predictions range from $30.00 to $70.00. On average, they anticipate 58.com's share price to reach $53.10 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 IAC/InterActiveCorp (IAC), CoStar Group (CSGP), Autohome (ATHM), Just Eat PLC (JE), YY (YY), Rightmove Plc (RMV), Trivago N.V. ADS (TRVG), Auto Trader Group PLC (AUTO), Yelp (YELP), Bitauto Holdings Limited (BITA), Yirendai (YRD), WebMD Health Corp (WBMD), Moneysupermarket.Com Group PLC (MONY), TrueCar (TRUE), Shutterstock (SSTK), Yext (YEXT), NIC (EGOV) and Blucora (BCOR).
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
- Hao Zhou, Chief Financial Officer
- Jiandong Zhuang, Executive Vice President of Housing Business Group
- Hongyu Xing, Chief Technology Officer
- Xiaohua Chen, Chief Strategic Officer, Chief Executive Officer of 58 Home
- Xiaoguang Wu, Director
- Frank Lin, Independent Director
- Cheng-Chun Yu CPA, Independent Director
- Chi Zhang, Independent Director
Who owns 58.com stock?
58.com's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (8.33%), General Atlantic LLC (4.92%), Hillhouse Capital Management Ltd. (3.82%), FIL Ltd (3.72%), Platinum Investment Management Ltd. (3.05%) and Coronation Fund Managers Ltd. (3.02%). 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 Platinum Investment Management Ltd., Sloane Robinson LLP, Carmignac Gestion, EastBay Asset Management LLC, UBS Asset Management Americas Inc., Global Thematic Partners LLC, Tiger Pacific Capital LP and TIAA CREF Investment Management LLC. View Insider Buying and Selling for 58.com.
Who bought 58.com stock? Who is buying 58.com stock?
58.com's stock was bought by a variety of institutional investors in the last quarter, including Dodge & Cox, Baillie Gifford & Co., General Atlantic LLC, Coronation Fund Managers Ltd., Franklin Resources Inc., Acadian Asset Management LLC, GMT Capital Corp and BlackRock Inc.. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is 58.com's stock price today?
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.
One share of 58.com stock can currently be purchased for approximately $66.78.
Consensus Ratings for 58.com (NYSE:WUBA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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, 4 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.23)|
|Consensus Price Target: ||$53.10 (20.49% downside)|
Analysts' Ratings History for 58.com (NYSE:WUBA)
(Data available from 9/24/2015 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|
|8/22/2017||HSBC Holdings plc||Upgrade||Hold -> Buy||$45.00 -> $69.00||High|
|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||Goldman Sachs Group, Inc. (The)||Boost Price Target||Neutral||$58.00||N/A|
Earnings History 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|
|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: $0.62 EPS
Next Year EPS Consensus Estimate: $1.43 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 (WUBA) Chart for Sunday, September, 24, 2017