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NYSE:WUBA58.com Stock Price, Forecast & News

+0.80 (+1.59 %)
(As of 06/5/2020 04:00 PM ET)
Today's Range
Now: $51.03
50-Day Range
MA: $50.90
52-Week Range
Now: $51.03
Volume676,978 shs
Average Volume826,564 shs
Market Capitalization$7.59 billion
P/E Ratio6.42
Dividend YieldN/A
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.93 out of 5 stars

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related



Sales & Book Value

Annual Sales$2.23 billion
Cash Flow$8.51 per share
Book Value$30.22 per share


Net Income$1.21 billion


Market Cap$7.59 billion
Next Earnings Date6/9/2020 (Estimated)

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58.com (NYSE:WUBA) Frequently Asked Questions

How has 58.com's stock been impacted by COVID-19 (Coronavirus)?

58.com's stock was trading at $52.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WUBA stock has decreased by 2.9% and is now trading at $51.03. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 58.com?

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

When is 58.com's next earnings date?

58.com is scheduled to release its next quarterly earnings announcement on Tuesday, June 9th 2020. View our earnings forecast for 58.com.

How were 58.com's earnings last quarter?

58.com Inc (NYSE:WUBA) released its quarterly earnings data on Wednesday, March, 11th. The information services provider reported $2.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.63 by $1.85. The information services provider earned $595.67 million during the quarter, compared to the consensus estimate of $585.71 million. 58.com had a net margin of 53.25% and a return on equity of 30.01%. View 58.com's earnings history.

What price target have analysts set for WUBA?

7 analysts have issued 12-month price objectives for 58.com's shares. Their forecasts range from $53.00 to $72.00. On average, they anticipate 58.com's stock price to reach $61.88 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price. View analysts' price targets for 58.com.

Has 58.com been receiving favorable news coverage?

News headlines about WUBA stock have been trending positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. 58.com earned a daily sentiment score of 2.4 on InfoTrie's scale. They also gave media stories about the information services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about58.com.

Are investors shorting 58.com?

58.com saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,210,000 shares, a decline of 8.3% from the April 30th total of 1,320,000 shares. Based on an average daily volume of 818,300 shares, the short-interest ratio is currently 1.5 days. Currently, 1.0% of the company's shares are sold short. 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 Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), YY (YY), Twitter (TWTR), JD.Com (JD) and Weibo (WB).

Who are 58.com's key executives?

58.com's management team includes the following 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)

What is 58.com's stock symbol?

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

Who are 58.com's major shareholders?

58.com's stock is owned by a variety of institutional and retail investors. Top institutional investors include Genesis Investment Management LLP (4.62%), Coronation Fund Managers Ltd. (3.30%), Carmignac Gestion (3.24%), Baillie Gifford & Co. (2.99%), BlackRock Inc. (2.78%) and Wellington Management Group LLP (2.07%).

Which major investors are selling 58.com stock?

WUBA stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, Franklin Resources Inc., MERIAN GLOBAL INVESTORS UK Ltd, Acadian Asset Management LLC, Morgan Stanley, Morgan Stanley, APG Asset Management N.V., and Deutsche Bank AG.

Which major investors are buying 58.com stock?

WUBA stock was bought by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., Wellington Management Group LLP, Davis Selected Advisers, Carmignac Gestion, Bogle Investment Management L P DE, Intellectus Partners LLC, Caisse DE Depot ET Placement DU Quebec, and Invesco Ltd..

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 $51.03.

How big of a company is 58.com?

58.com has a market capitalization of $7.59 billion and generates $2.23 billion in revenue each year. The information services provider earns $1.21 billion in net income (profit) each year or $7.87 on an earnings per share basis. 58.com employs 22,916 workers across the globe.

What is 58.com's official website?

The official website for 58.com is www.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.

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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