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

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

58.com Inc (NYSE:WUBA) announced its 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 the consensus estimate of $485.03 million. 58.com had a return on equity of 7.54% and a net margin of 13.92%. The company's revenue was up 35.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 brokerages have issued 12-month target prices for 58.com's shares. Their forecasts range from $68.00 to $94.00. On average, they expect 58.com's stock price to reach $80.50 in the next twelve months. This suggests a possible upside of 23.4% 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 stories about WUBA stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. 58.com earned a news and rumor sentiment score of 0.00 on Accern's scale. They also gave media headlines about the information services provider an impact score of 46.59 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for 58.com.

58.com's stock is owned by a variety of 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 purchased 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 $65.22.

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.