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) issued its quarterly earnings results on Wednesday, August, 15th. The information services provider reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.26. The information services provider had revenue of $518.47 million for the quarter, compared to analyst estimates of $485.03 million. 58.com had a return on equity of 7.54% and a net margin of 13.92%. The business's revenue for the quarter was up 35.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.66 EPS. View 58.com's Earnings History.

58.com is scheduled to release their next quarterly earnings announcement on Monday, November, 12th 2018. View Earnings Estimates for 58.com.

5 equities research analysts have issued 1-year target prices for 58.com's stock. Their predictions range from $68.00 to $94.00. On average, they anticipate 58.com's share price to reach $80.50 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for 58.com.

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

Some companies that are related to 58.com include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Weibo (WB), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), Line (LN), FactSet Research Systems (FDS), Tripadvisor Inc Common Stock (TRIP), Stars Group (TSG), Sabre (SABR), Trade Desk (TTD), Wix.Com (WIX) and InterXion (INXN).

News coverage about WUBA stock has been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. 58.com earned a media and rumor sentiment score of 0.14 on Accern's scale. They also assigned media coverage about the information services provider an impact score of 46.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for 58.com.

58.com's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Genesis Asset Managers LLP (4.69%), Hillhouse Capital Management Ltd. (3.65%), Baillie Gifford & Co. (3.24%), BlackRock Inc. (3.05%), FMR LLC (2.21%) and Acadian Asset Management LLC (1.79%).

WUBA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of America Corp DE, Coronation Fund Managers Ltd., Hillhouse Capital Management Ltd., BNP Paribas Arbitrage SA, Krane Funds Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank and Millennium Management LLC.

WUBA stock was acquired by a variety of institutional investors in the last quarter, including Genesis Asset Managers LLP, Acadian Asset Management LLC, Marshall Wace LLP, KBC Group NV, Janus Henderson Group PLC, Cornerstone Wealth Management LLC, Bank of Montreal Can and Connor Clark & Lunn Investment Management Ltd..

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 $70.70.

58.com has a market capitalization of $9.69 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 23,132 workers across the globe.

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.