NYSE:WUBA 58.com Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding 58.com Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $55.88 +0.18 (+0.32 %) (As of 09/17/2020 12:00 AM ET) Add Compare Share Today's Range$55.59Now: $55.88▼$55.9450-Day Range$55.18MA: $55.65▼$55.8552-Week Range$37.92Now: $55.88▼$69.89Volume8.78 million shsAverage Volume1.31 million shsMarket Capitalization$8.31 billionP/E Ratio6.36Dividend YieldN/ABeta1.12 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 58.com Inc. operates various multi-category online classifieds platforms and vertical listing platforms that enable local businesses and consumers to connect, share information, and conduct business in the People's Republic of China. It operates multi-content category online classified platforms primarily under the 58 and Ganji names; Anjuke, an online real estate listing platform; ChinaHR, an online recruitment platform that focuses on white collar jobs; and Jia Xiao Yi Dian Tong, an online platform for driver's license examination preparation and other related services. The company also operates Zhuan Zhuan, an online used goods trading and service platform; and 58 Town, a rural version of 58.com. Its platform offers content in the categories, including real estate, jobs, automotive, yellow pages, and used goods. 58.com Inc. was founded in 2005 and is headquartered in Beijing, the People's Republic of China.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus Rating58.com has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $59.80, 58.com has a forecasted upside of 7.0% from its current price of $55.88.Amount of Analyst Coverage58.com has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform Votes58.com has received 413 “outperform” votes. (Add your “outperform” vote.)Underperform Votes58.com has received 483 “underperform” votes. (Add your “underperform” vote.)Community Sentiment58.com has received 53.91% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about 58.com and other stocks. Vote “Outperform” if you believe WUBA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WUBA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend Yield58.com does not currently pay a dividend.Dividend Growth58.com does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, 58.com insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 11.85% of the stock of 58.com is held by insiders.Percentage Held by Institutions62.45% of the stock of 58.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of 58.com is 6.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.97.Price to Earnings Ratio vs. SectorThe P/E ratio of 58.com is 6.36, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 62.38.Price to Earnings Growth Ratio58.com has a PEG Ratio of 0.83. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share Ratio58.com has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.39 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:WUBA Previous Symbol CUSIPN/A CIK1525494 Webwww.58.com Phone86-10-5956-5858Debt Debt-to-Equity RatioN/A Current Ratio2.30 Quick Ratio2.30Price-To-Earnings Trailing P/E Ratio6.36 Forward P/E Ratio17.25 P/E Growth0.83 Sales & Book Value Annual Sales$2.23 billion Price / Sales3.72 Cash Flow$8.40 per share Price / Cash Flow6.65 Book Value$30.22 per share Price / Book1.85Profitability EPS (Most Recent Fiscal Year)$7.87 Net Income$1.21 billion Net Margins61.33% Return on Equity30.81% Return on Assets22.35%Miscellaneous Employees21,347 Outstanding Shares148,680,000Market Cap$8.31 billion Next Earnings Date9/23/2020 (Estimated) OptionableOptionable $55.88 +0.18 (+0.32 %) (As of 09/17/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WUBA News and Ratings via Email Sign-up to receive the latest news and ratings for WUBA and its competitors with MarketBeat's FREE daily newsletter. 58.com (NYSE:WUBA) Frequently Asked Questions How has 58.com's stock price been impacted by COVID-19? 58.com's stock was trading at $52.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WUBA shares have increased by 6.3% and is now trading at $55.88. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 58.com? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for 58.com. When is 58.com's next earnings date? 58.com is scheduled to release its next quarterly earnings announcement on Wednesday, September 23rd 2020. View our earnings forecast for 58.com. How were 58.com's earnings last quarter? 58.com Inc (NYSE:WUBA) posted its quarterly earnings data on Friday, June, 26th. The information services provider reported $1.53 earnings per share (EPS) for the quarter. The information services provider had revenue of $361.37 million for the quarter. 58.com had a net margin of 61.33% and a return on equity of 30.81%. View 58.com's earnings history. What price target have analysts set for WUBA? 6 brokerages have issued 12-month price targets for 58.com's shares. Their forecasts range from $53.00 to $72.00. On average, they expect 58.com's stock price to reach $59.80 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View analysts' price targets for 58.com. Are investors shorting 58.com? 58.com saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,550,000 shares, an increase of 18.1% from the August 15th total of 2,160,000 shares. Based on an average daily volume of 1,940,000 shares, the short-interest ratio is presently 1.3 days. Approximately 2.1% of the company's shares are short sold. View 58.com's Short Interest. Who are some of 58.com's key competitors? Some companies that are related to 58.com include Twitter (TWTR), Pinterest (PINS), Trade Desk (TTD), Yandex (YNDX), Livongo Health (LVGO), FactSet Research Systems (FDS), Wix.Com (WIX), Line (LN), GDS (GDS), Weibo (WB), Legend Biotech (DADA), HUYA (HUYA), DouYu International (DOYU), Medallia (MDLA) and Switch (SWCH). View all competitors. What other stocks do shareholders of 58.com own? Based on aggregate information from My MarketBeat watchlists, some companies that other 58.com investors own include Alibaba Group (BABA), Baidu (BIDU), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Twitter (TWTR), YY (YY), JD.Com (JD) and Weibo (WB). Who are 58.com's key executives? 58.com's management team includes the following people: Mr. Jinbo Yao, Chairman & CEO (Age 43)Mr. Jiandong Zhuang, Co-Pres (Age 50)Mr. Mingke He, Co-president (Age 40)Mr. Hao Zhou, Chief Financial Officer (Age 43)Mr. Hongyu Xing, Chief Technology Officer (Age 46) What is 58.com's stock symbol? 58.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "WUBA." Who are 58.com's major shareholders? 58.com's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Genesis Investment Management LLP (3.24%), Vanguard Group Inc. (2.39%), Davis Selected Advisers (1.23%), Coronation Fund Managers Ltd. (0.89%), Dragoneer Investment Group LLC (0.76%) and Krane Funds Advisors LLC (0.61%). Which major investors are selling 58.com stock? WUBA stock was sold by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., Ninety One UK Ltd, Genesis Investment Management LLP, Platinum Investment Management Ltd., Comgest Global Investors S.A.S., Krane Funds Advisors LLC, Global Thematic Partners LLC, and Dragoneer Investment Group LLC. Which major investors are buying 58.com stock? WUBA stock was purchased by a variety of institutional investors in the last quarter, including Davis Selected Advisers, Marshall Wace LLP, California Public Employees Retirement System, Bank of America Corp DE, Healthcare of Ontario Pension Plan Trust Fund, CNH Partners LLC, Man Group plc, and Canada Pension Plan Investment Board. How do I buy shares of 58.com? Shares of WUBA 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, Robinhood, Fidelity, and Charles Schwab. What is 58.com's stock price today? One share of WUBA stock can currently be purchased for approximately $55.88. How big of a company is 58.com? 58.com has a market capitalization of $8.31 billion and generates $2.23 billion in revenue each year. The information services provider earns $1.21 billion in net income (profit) each year or $7.87 on an earnings per share basis. 58.com employs 21,347 workers across the globe. What is 58.com's official website? The official website for 58.com is www.58.com. How can I contact 58.com? 58.com's mailing address is Building 105 10 Jiuxianqiao North Road Jia, Beijing F4, 100015. The information services provider can be reached via phone at 86-10-5956-5858. 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