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) released its quarterly earnings data on Friday, March, 1st. The information services provider reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.18. The information services provider earned $525.89 million during the quarter, compared to analyst estimates of $519.09 million. 58.com had a net margin of 15.11% and a return on equity of 9.30%. 58.com's revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.57 EPS. View 58.com's Earnings History.

58.com is scheduled to release their next quarterly earnings announcement on Wednesday, May 22nd 2019. View Earnings Estimates for 58.com.

58.com updated its first quarter 2019 earnings guidance on Friday, March, 1st. The company provided earnings per share (EPS) 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.

5 equities research analysts have issued 1-year target prices 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 6.6% 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 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.

News headlines about WUBA stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. 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 coverage optimism score of 1.7 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the near term.

Some companies that are related to 58.com include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Match Group (MTCH), Snap (SNAP), Weibo (WB), Yandex (YNDX), FactSet Research Systems (FDS), Trade Desk (TTD), Line (LN), Tripadvisor (TRIP), Sabre (SABR), HUYA (HUYA), Wix.Com (WIX) 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), YY (YY), Micron Technology (MU), Baidu (BIDU), Twitter (TWTR), Netflix (NFLX), Intel (INTC), Weibo (WB) and salesforce.com (CRM).

58.com's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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%).

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.

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.

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 $64.71.

58.com has a market capitalization of $9.48 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 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.