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

-1.24 (-2.11 %)
(As of 02/23/2020 02:59 PM ET)
Today's Range
Now: $57.57
50-Day Range
MA: $62.68
52-Week Range
Now: $57.57
Volume500,982 shs
Average Volume890,888 shs
Market Capitalization$8.56 billion
P/E Ratio9.81
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. Read More…

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
SectorComputer and Technology



Sales & Book Value

Annual Sales$1.91 billion
Cash Flow$2.35 per share
Book Value$22.19 per share


Net Income$310.23 million


Market Cap$8.56 billion
Next Earnings Date2/27/2020 (Estimated)

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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) announced its earnings results on Monday, November, 18th. The information services provider reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.29. The information services provider earned $602 million during the quarter, compared to the consensus estimate of $589.12 million. 58.com had a net margin of 40.54% and a return on equity of 24.00%. The firm's revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.82 EPS. 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 Thursday, February 27th 2020. View Earnings Estimates for 58.com.

What guidance has 58.com issued on next quarter's earnings?

58.com issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$572.608-586.747 million, compared to the consensus revenue estimate of $$585.93 million.

What price target have analysts set for WUBA?

6 brokerages have issued 12 month target prices for 58.com's shares. Their forecasts range from $57.23 to $83.00. On average, they anticipate 58.com's share price to reach $68.88 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Price Targets for 58.com.

What is the consensus analysts' recommendation for 58.com?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 4 hold ratings and 2 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?

Press coverage about WUBA stock has been trending negative recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. 58.com earned a news impact score of -2.4 on InfoTrie's scale. They also gave news 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 near term. View News Stories for 58.com.

Are investors shorting 58.com?

58.com saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,630,000 shares, an increase of 15.9% from the December 31st total of 2,270,000 shares. Based on an average trading volume of 679,800 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.2% of the shares of the company 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), Micron Technology (MU), YY (YY), Netflix (NFLX), Twitter (TWTR), JD.Com (JD), Tesla (TSLA) and Intel (INTC).

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 many different of retail and institutional investors. Top institutional shareholders include Standard Life Aberdeen plc (5.02%), Genesis Investment Management LLP (4.82%), Baillie Gifford & Co. (2.99%), Coronation Fund Managers Ltd. (2.86%), Investec Asset Management LTD (2.36%) and Platinum Investment Management Ltd. (1.64%).

Which institutional 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, Coronation Fund Managers Ltd., Lakewood Capital Management LP, Acadian Asset Management LLC, Amundi Pioneer Asset Management Inc., Baillie Gifford & Co., Matthews International Capital Management LLC and Franklin Resources Inc..

Which institutional 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, Platinum Investment Management Ltd., Global Thematic Partners LLC, Marshall Wace North America L.P., Investec Asset Management LTD, Krane Funds Advisors LLC, Goldman Sachs Group Inc. and NS Partners 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 $57.57.

How big of a company is 58.com?

58.com has a market capitalization of $8.56 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:  403 (Vote Outperform)
Underperform Votes:  462 (Vote Underperform)
Total Votes:  865
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 2/23/2020 by MarketBeat.com Staff

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