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 data on Thursday, February, 28th. The information services provider reported $0.40 earnings per share for the quarter. The information services provider earned $525.89 million during the quarter, compared to the consensus estimate of $519.09 million. 58.com had a net margin of 15.11% and a return on equity of 9.30%. The company's revenue was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 earnings per share. View 58.com's Earnings History.

58.com is scheduled to release their next quarterly earnings announcement on Wednesday, May 29th 2019. View Earnings Estimates for 58.com.

58.com will be holding an earnings conference call on Wednesday, May 29th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

58.com issued an update on 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.

6 Wall Street analysts have issued 1 year price objectives for 58.com's stock. Their forecasts range from $40.00 to $84.00. On average, they anticipate 58.com's stock price to reach $69.00 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for 58.com.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 58.com.

News coverage about WUBA stock has trended somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. 58.com earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the immediate future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other 58.com investors own include NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), YY (YY), Micron Technology (MU), Twitter (TWTR), Intel (INTC), Netflix (NFLX), JD.Com (JD) and Baozun (BZUN).

58.com's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Genesis Asset Managers LLP (5.36%), BlackRock Inc. (3.63%), Baillie Gifford & Co. (3.26%), Coronation Fund Managers Ltd. (2.95%), Investec Asset Management LTD (1.84%) and Platinum Investment Management Ltd. (1.35%).

WUBA stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., FIL Ltd, Handelsbanken Fonder AB, Morgan Stanley, Candriam Luxembourg S.C.A., SEI Investments Co and Caisse DE Depot ET Placement DU Quebec.

WUBA stock was acquired by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Marshall Wace LLP, Platinum Investment Management Ltd., FMR LLC, Wellington Management Group LLP, Marshall Wace North America L.P., Maple Brown Abbott Ltd and Genesis Asset Managers LLP.

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 $55.38.

58.com has a market capitalization of $8.11 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.

The official website for 58.com is http://g.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.