NYSE:WUBA - 58.com Stock Price, News & Analysis

58.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "WUBA."

58.com Inc (NYSE:WUBA) announced its earnings results on Tuesday, May, 28th. The information services provider reported $0.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.12. The information services provider had revenue of $438.30 million for the quarter, compared to analysts' expectations of $434.43 million. 58.com had a return on equity of 26.73% and a net margin of 41.67%. The firm's revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 earnings per share. View 58.com's Earnings History.

58.com is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for 58.com.

8 Wall Street analysts have issued 1 year price objectives for 58.com's shares. Their forecasts range from $40.00 to $83.00. On average, they anticipate 58.com's stock price to reach $61.6575 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price. View Analyst Price Targets for 58.com.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 58.com.

News headlines about WUBA stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. 58.com earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for 58.com.

58.com saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 2,807,200 shares, an increase of 50.3% from the June 30th total of 1,868,300 shares. Based on an average daily trading volume, of 871,100 shares, the short-interest ratio is currently 3.2 days. Approximately 2.5% of the shares of the company are short sold. View 58.com's Current Options Chain.

Some companies that are related to 58.com include Zoom Video Communications (ZM), IHS Markit (INFO), Match Group (MTCH), Snap (SNAP), Yandex (YNDX), Trade Desk (TTD), FactSet Research Systems (FDS), Weibo (WB), Line (LN), Wix.Com (WIX), Sabre (SABR), InterXion (INXN), Tripadvisor (TRIP), GDS (GDS) and HUYA (HUYA).

Based on aggregate information from My MarketBeat watchlists, some companies that other 58.com investors own include NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), YY (YY), Micron Technology (MU), Twitter (TWTR), Intel (INTC), Netflix (NFLX), Baozun (BZUN) and JD.Com (JD).

58.com's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Genesis Asset Managers LLP (5.44%), Price T Rowe Associates Inc. MD (5.11%), BlackRock Inc. (3.37%), BlackRock Inc. (3.37%), Baillie Gifford & Co. (3.24%) and Coronation Fund Managers Ltd. (2.84%).

WUBA stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Platinum Investment Management Ltd., Acadian Asset Management LLC, BlackRock Inc., BlackRock Inc., Marshall Wace LLP, Krane Funds Advisors LLC and Renaissance Technologies LLC.

WUBA stock was purchased by a variety of institutional investors in the last quarter, including Hillhouse Capital Advisors LTD., Price T Rowe Associates Inc. MD, Man Group plc, KEYWISE CAPITAL MANAGEMENT Ltd, Dragoneer Investment Group LLC, Ward Ferry Management BVI Ltd, Nuveen Asset Management LLC and Genesis Asset Managers LLP.

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, Scottrade, Fidelity and Charles Schwab.

One share of WUBA stock can currently be purchased for approximately $52.05.

58.com has a market capitalization of $7.63 billion and generates $1.91 billion in revenue each year. The information services provider earns $310.23 million in net income (profit) each year or $1.94 on an earnings per share basis. 58.com employs 22,916 workers across the globe.View Additional Information About 58.com.

The official website for 58.com is http://g.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.