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

$55.30
-1.25 (-2.21 %)
(As of 09/17/2019 11:22 AM ET)
Today's Range
$54.69
Now: $55.30
$55.84
50-Day Range
$51.08
MA: $53.97
$59.10
52-Week Range
$49.93
Now: $55.30
$77.13
Volume13,148 shs
Average Volume988,396 shs
Market Capitalization$8.10 billion
P/E Ratio28.25
Dividend YieldN/A
Beta1.72
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. Read More…

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$2.3412 per share
Book Value$22.19 per share

Profitability

Net Income$310.23 million

Miscellaneous

Employees22,916
Market Cap$8.10 billion
Next Earnings Date11/13/2019 (Estimated)
OptionableOptionable

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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 results on Wednesday, August, 21st. The information services provider reported $4.04 EPS for the quarter. The information services provider had revenue of $601.44 million for the quarter. 58.com had a net margin of 41.67% and a return on equity of 25.35%. 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, November 13th 2019. View Earnings Estimates for 58.com.

What price target have analysts set for WUBA?

8 brokerages have issued 1-year target prices for 58.com's stock. Their forecasts range from $40.00 to $83.00. On average, they expect 58.com's share price to reach $61.6575 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for 58.com.

What is the consensus analysts' recommendation 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.

Has 58.com been receiving favorable news coverage?

Media headlines about WUBA stock have been trending negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of 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 -2.9 on InfoTrie's scale. They also assigned news articles about the information services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories 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 totalling 3,707,100 shares, an increase of 32.1% from the July 31st total of 2,807,200 shares. Based on an average daily volume of 859,200 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the company's shares are short sold. View 58.com's Current Options Chain.

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), Baozun (BZUN) and Alphabet (GOOG).

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 (5.44%), 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%).

Which major investors are selling 58.com stock?

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.

Which major investors are buying 58.com stock?

WUBA stock was bought 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.

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 $55.32.

How big of a company is 58.com?

58.com has a market capitalization of $8.10 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.

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:  370 (Vote Outperform)
Underperform Votes:  420 (Vote Underperform)
Total Votes:  790
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 9/17/2019 by MarketBeat.com Staff

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