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

$56.00
+0.80 (+1.45 %)
(As of 08/21/2019 04:00 PM ET)
Today's Range
$55.36
Now: $56.00
$57.49
50-Day Range
$51.08
MA: $56.52
$63.83
52-Week Range
$49.93
Now: $56.00
$77.60
Volume1.25 million shs
Average Volume856,556 shs
Market Capitalization$8.20 billion
P/E Ratio28.87
Dividend YieldN/A
Beta1.62
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
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone86-10-5956-5858

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.91 billion
Cash Flow$2.5466 per share
Book Value$22.19 per share

Profitability

Net Income$310.23 million

Miscellaneous

Employees22,916
Market Cap$8.20 billion
Next Earnings Date8/22/2019 (Confirmed)
OptionableOptionable

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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 Tuesday, May, 28th. The information services provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.12. The information services provider earned $438.30 million during the quarter, compared to the consensus estimate of $434.43 million. 58.com had a net margin of 18.44% and a return on equity of 11.48%. The business's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 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 Thursday, August 22nd 2019. View Earnings Estimates for 58.com.

How can I listen to 58.com's earnings call?

58.com will be holding an earnings conference call on Thursday, August 22nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

What price target have analysts set for WUBA?

7 Wall Street analysts have issued 12-month price objectives for 58.com's stock. Their forecasts range from $40.00 to $83.00. On average, they expect 58.com's stock price to reach $61.6575 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for 58.com.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 1 sell rating, 3 hold ratings 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?

Headlines about WUBA stock have been trending positive this week, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news 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 daily sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the information services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for 58.com.

Are investors shorting 58.com?

58.com saw a increase in short interest in July. As of July 31st, there was short interest totalling 2,807,200 shares, an increase of 50.3% from the June 30th total of 1,868,300 shares. Based on an average daily volume of 871,100 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.5% of the shares of the company 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 NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), YY (YY), Micron Technology (MU), Twitter (TWTR), Intel (INTC), Netflix (NFLX), Baozun (BZUN) and Weibo (WB).

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 a number of of retail and institutional investors. Top institutional investors include Genesis Asset Managers LLP (5.44%), Price T Rowe Associates Inc. MD (5.11%), BlackRock Inc. (3.37%), Baillie Gifford & Co. (3.24%), Coronation Fund Managers Ltd. (2.84%) and Vanguard Group Inc. (2.41%).

Which major investors are selling 58.com stock?

WUBA stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Platinum Investment Management Ltd., Acadian Asset Management LLC, BlackRock Inc., Marshall Wace LLP, Krane Funds Advisors LLC, Renaissance Technologies LLC and Coronation Fund Managers Ltd..

Which major investors are buying 58.com stock?

WUBA stock was bought by a variety of institutional investors in the last quarter, including Hillhouse Capital Advisors LTD., Price T Rowe Associates Inc. MD, Man Group plc, KEYWISE CAPITAL MANAGEMENT Ltd, Dragoneer Investment Group LLC, Ward Ferry Management BVI Ltd, Nuveen Asset Management LLC and Genesis Asset Managers LLP.

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 $56.00.

How big of a company is 58.com?

58.com has a market capitalization of $8.20 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:  366 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  780
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 8/21/2019 by MarketBeat.com Staff

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