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

Sign in or create an account to add this stock to your watchlist.
$61.79 +0.10 (+0.16 %)
(As of 03/26/2019 12:10 PM ET)
Previous Close$61.69
Today's Range$61.35 - $62.54
52-Week Range$50.30 - $89.90
Volume177,489 shs
Average Volume1.23 million shs
Market Capitalization$9.05 billion
P/E Ratio31.85
Dividend YieldN/A
58.com Inc. operates online classifieds and 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; and Anjuke, an online real estate listing platform. The company's platform provides various content categories, including jobs, real estate, used goods, automotive, yellow pages, and other local services categories. It offers membership services, such as merchant certification and listing benefits, as well as display of online storefronts; and online marketing services comprising real-time bidding, priority listing, various other lead-generation services, and display advertising. The company was founded in 2005 and is headquartered in Beijing, the People's Republic of China.

Receive WUBA News and Ratings via Email

Sign-up to receive the latest news and ratings for WUBA and its competitors with MarketBeat's FREE daily newsletter.

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$1.7983 per share
Book Value$22.19 per share


Net Income$310.23 million


Market Cap$9.05 billion
Next Earnings Date5/22/2019 (Estimated)

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) released its quarterly earnings data on Friday, March, 1st. The information services provider reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.18. The information services provider earned $525.89 million during the quarter, compared to the consensus estimate of $519.09 million. 58.com had a return on equity of 9.30% and a net margin of 15.11%. The firm's revenue was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 earnings per share. 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, May 22nd 2019. View Earnings Estimates for 58.com.

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

58.com updated its first quarter 2019 earnings guidance on Friday, March, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $427.497-442.445 million, compared to the consensus revenue estimate of $436.39 million.

What price target have analysts set for WUBA?

5 analysts have issued 12-month price objectives for 58.com's shares. Their predictions range from $40.00 to $84.00. On average, they expect 58.com's share price to reach $69.00 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for 58.com.

What is the consensus analysts' recommendation 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 sell rating, 1 hold rating 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?

News coverage about WUBA stock has been trending somewhat negative on Tuesday, InfoTrie Sentiment reports. The research firm scores the sentiment of news 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 daily sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the information services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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), Micron Technology (MU), YY (YY), Baidu (BIDU), Twitter (TWTR), Netflix (NFLX), Intel (INTC), Weibo (WB) and salesforce.com (CRM).

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 investors include Genesis Asset Managers LLP (5.17%), BlackRock Inc. (3.50%), Baillie Gifford & Co. (3.28%), Standard Life Aberdeen plc (3.02%), Coronation Fund Managers Ltd. (2.86%) and Carmignac Gestion (2.50%).

Which institutional investors are selling 58.com stock?

WUBA stock was sold by a variety of institutional investors in the last quarter, including Carmignac Gestion, FMR LLC, Candriam Luxembourg S.C.A., Bank of Montreal Can, Genesis Asset Managers LLP, Los Angeles Capital Management & Equity Research Inc., Two Sigma Advisers LP and Dimensional Fund Advisors LP.

Which institutional investors are buying 58.com stock?

WUBA stock was bought by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Hillhouse Capital Advisors Ltd., Coronation Fund Managers Ltd., Norges Bank, Lakewood Capital Management LP, Tree Line Advisors Hong Kong Ltd., Handelsbanken Fonder AB and Two Sigma Investments LP.

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, Scottrade, Fidelity and Charles Schwab.

What is 58.com's stock price today?

One share of WUBA stock can currently be purchased for approximately $61.79.

How big of a company is 58.com?

58.com has a market capitalization of $9.05 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 21,347 workers across the globe.

What is 58.com's official website?

The official website for 58.com is 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:  343 (Vote Outperform)
Underperform Votes:  389 (Vote Underperform)
Total Votes:  732
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 3/26/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel