58.com Inc. operates online classifieds and 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; and Anjuke, an online real estate listing platform. The company's platform provides various content categories, including jobs, real estate, used goods, automotive, yellow pages, and other local services categories. It offers membership services, such as merchant certification and listing benefits, as well as display of online storefronts; and online marketing services comprising real-time bidding, priority listing, various other lead-generation services, and display advertising. The company was founded in 2005 and is headquartered in Beijing, the People's Republic of China.
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
Phone86-10-5956-5858
Debt
Debt-to-Equity RatioN/A
Current Ratio1.24
Quick Ratio1.24
Price-To-Earnings
Trailing P/E Ratio41.00
Forward P/E Ratio29.20
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.54 billion
Price / Sales5.11
Cash Flow$1.6621 per share
Price / Cash32.32
Book Value$21.52 per share
Price / Book2.50
Profitability
EPS (Most Recent Fiscal Year)$1.33
Net Income$211.89 million
Net Margins16.13%
Return on Equity9.57%
Return on Assets6.66%
Miscellaneous
Employees21,347
Outstanding Shares146,510,000
Market Cap$8.51 billion
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) announced its quarterly earnings results on Wednesday, November, 14th. The information services provider reported $0.82 EPS for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.20. The information services provider had revenue of $527.20 million for the quarter, compared to analysts' expectations of $515.83 million. 58.com had a net margin of 16.13% and a return on equity of 9.57%. 58.com's revenue was up 28.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 EPS. View 58.com's Earnings History.
When is 58.com's next earnings date?
What price target have analysts set for WUBA?
4 analysts have issued 12 month price targets for 58.com's stock. Their predictions range from $85.00 to $94.00. On average, they expect 58.com's share price to reach $89.6667 in the next twelve months. This suggests a possible upside of 67.1% from the stock's current price. View Analyst Price Targets for 58.com.
What is the consensus analysts' recommendation for 58.com?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for 58.com.
Has 58.com been receiving favorable news coverage?
Media coverage about WUBA stock has trended very positive on Wednesday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. 58.com earned a coverage optimism score of 3.1 on InfoTrie's scale. They also assigned media headlines about the information services provider a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the company's share price in the immediate future.
Who are some of 58.com's key competitors?
Some companies that are related to 58.com include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Weibo (WB), Match Group (MTCH), Yandex (YNDX), FactSet Research Systems (FDS), Tripadvisor (TRIP), Snap (SNAP), Line (LN), Sabre (SABR), Trade Desk (TTD), Stars Group (TSG), InterXion (INXN) and Wix.Com (WIX).
Who are 58.com's key executives?
58.com's management team includes the folowing people:
- Mr. Jinbo Yao, Chairman & CEO (Age 42)
- Mr. Jiandong Zhuang, Co-Pres (Age 49)
- Mr. Mingke He, Co-president (Age 39)
- Mr. Hao Zhou, Chief Financial Officer (Age 42)
- Mr. Hongyu Xing, Chief Technology Officer (Age 45)
Who are 58.com's major shareholders?
58.com's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Genesis Asset Managers LLP (5.25%), BlackRock Inc. (3.34%), Baillie Gifford & Co. (3.26%), Standard Life Aberdeen plc (2.87%), Coronation Fund Managers Ltd. (2.14%) and Acadian Asset Management LLC (1.77%).
Which major investors are selling 58.com stock?
WUBA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Capital Fund Management S.A., Morgan Stanley, Los Angeles Capital Management & Equity Research Inc., FIL Ltd, Mitsubishi UFJ Trust & Banking Corp, Candriam Luxembourg S.C.A. and TIAA CREF Investment Management LLC.
Which major investors are buying 58.com stock?
WUBA stock was purchased by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Coronation Fund Managers Ltd., Genesis Asset Managers LLP, Alliancebernstein L.P., BlackRock Inc., William Blair Investment Management LLC, Janus Henderson Group PLC and The Manufacturers Life Insurance Company .
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 $53.65.
How big of a company is 58.com?
58.com has a market capitalization of $8.51 billion and generates $1.54 billion in revenue each year. The information services provider earns $211.89 million in net income (profit) each year or $1.33 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 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)
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.
