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

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$55.38 -1.57 (-2.76 %)
(As of 05/23/2019 03:02 PM ET)
Previous Close$56.95
Today's Range$54.65 - $57.06
52-Week Range$50.30 - $85.42
Volume30,158 shs
Average Volume894,510 shs
Market Capitalization$8.11 billion
P/E Ratio28.94
Dividend YieldN/A
Beta1.6
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.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone86-10-5956-5858

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.91 billion
Cash Flow$2.2753 per share
Book Value$22.19 per share

Profitability

Net Income$310.23 million

Miscellaneous

Employees21,347
Market Cap$8.11 billion
Next Earnings Date5/29/2019 (Confirmed)
OptionableOptionable

58.com (NYSE:WUBA) Frequently Asked Questions

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) issued its quarterly earnings data on Thursday, February, 28th. The information services provider reported $0.40 earnings per share for the quarter. The information services provider earned $525.89 million during the quarter, compared to the consensus estimate of $519.09 million. 58.com had a net margin of 15.11% and a return on equity of 9.30%. The company's revenue was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 earnings per share. View 58.com's Earnings History.

When is 58.com's next earnings date?

58.com is scheduled to release their next quarterly earnings announcement on Wednesday, May 29th 2019. View Earnings Estimates for 58.com.

How can I listen to 58.com's earnings call?

58.com will be holding an earnings conference call on Wednesday, May 29th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

What guidance has 58.com issued on next quarter's earnings?

58.com issued an update on its first quarter 2019 earnings guidance on Friday, March, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $427.497-442.445 million, compared to the consensus revenue estimate of $436.39 million.

What price target have analysts set for WUBA?

6 Wall Street analysts have issued 1 year price objectives for 58.com's stock. Their forecasts range from $40.00 to $84.00. On average, they anticipate 58.com's stock price to reach $69.00 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for 58.com.

What is the consensus analysts' recommendation for 58.com?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 58.com.

Has 58.com been receiving favorable news coverage?

News coverage about WUBA stock has trended somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. 58.com earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the immediate future.

Who are some of 58.com's key 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 NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), YY (YY), Micron Technology (MU), Twitter (TWTR), Intel (INTC), Netflix (NFLX), JD.Com (JD) and Baozun (BZUN).

Who are 58.com's key executives?

58.com's management team includes the folowing 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)

Who are 58.com's major shareholders?

58.com's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Genesis Asset Managers LLP (5.36%), BlackRock Inc. (3.63%), Baillie Gifford & Co. (3.26%), Coronation Fund Managers Ltd. (2.95%), Investec Asset Management LTD (1.84%) and Platinum Investment Management Ltd. (1.35%).

Which major investors are selling 58.com stock?

WUBA stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., FIL Ltd, Handelsbanken Fonder AB, Morgan Stanley, Candriam Luxembourg S.C.A., SEI Investments Co and Caisse DE Depot ET Placement DU Quebec.

Which major investors are buying 58.com stock?

WUBA stock was acquired by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Marshall Wace LLP, Platinum Investment Management Ltd., FMR LLC, Wellington Management Group LLP, Marshall Wace North America L.P., Maple Brown Abbott Ltd and Genesis Asset Managers LLP.

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, Scottrade, Fidelity and Charles Schwab.

What is 58.com's stock price today?

One share of WUBA stock can currently be purchased for approximately $55.38.

How big of a company is 58.com?

58.com has a market capitalization of $8.11 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 21,347 workers across the globe.

What is 58.com's official website?

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


MarketBeat Community Rating for 58.com (NYSE WUBA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  347 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  745
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.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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