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

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$72.59 +0.09 (+0.12 %)
(As of 04/21/2019 04:00 PM ET)
Previous Close$72.59
Today's Range$71.13 - $72.59
52-Week Range$50.30 - $89.90
Volume656,130 shs
Average Volume832,767 shs
Market Capitalization$10.64 billion
P/E Ratio37.42
Dividend YieldN/A
Beta1.59
58.com Inc. engages in the operation of online classifieds and listing platforms. Its businesses include include Zhuan Zhua, an online used good trading platform; 58 Home, an online home and moving services platform; Che Hao Duo, an online used and new car trading platform which contains Guazi, the used car platform; and Mao Dou, the new car platform. The company was founded by Jin Bo Yao in December 2005 and is headquartered in Beijing, China.

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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$1.7972 per share
Book Value$22.19 per share

Profitability

Net Income$310.23 million

Miscellaneous

Employees21,347
Market Cap$10.64 billion
Next Earnings Date5/22/2019 (Estimated)
OptionableOptionable

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 Friday, March, 1st. The information services provider reported $0.74 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.18. The information services provider had revenue of $525.89 million for the quarter, compared to analyst estimates of $519.09 million. 58.com had a return on equity of 9.30% and a net margin of 15.11%. The firm's quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter last year, the company earned $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 issued an update on 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.

What price target have analysts set for WUBA?

6 analysts have issued 1 year price targets for 58.com's shares. Their forecasts range from $40.00 to $84.00. On average, they expect 58.com's stock price to reach $69.00 in the next year. This suggests that the stock has a possible downside of 4.9%. 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 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.

Has 58.com been receiving favorable news coverage?

News stories about WUBA stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news 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 positive five, with scores closest to five being the most favorable. 58.com earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company'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), Intel (INTC), Netflix (NFLX), Weibo (WB) and salesforce.com (CRM).

Who are 58.com's key executives?

58.com's management team includes the folowing people:
  • Jin Bo Yao, Chairman & Chief Executive Officer
  • Jian Dong Zhuang, Co-President
  • Ming Ke He, Co-President
  • Hao Zhou, Chief Financial Officer
  • Hong Yu Xing, Chief Technology Officer

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 (5.36%).

Which institutional investors are buying 58.com stock?

WUBA stock was acquired by a variety of institutional investors in the last quarter, including 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 $72.59.

How big of a company is 58.com?

58.com has a market capitalization of $10.64 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:  345 (Vote Outperform)
Underperform Votes:  392 (Vote Underperform)
Total Votes:  737
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 4/21/2019 by MarketBeat.com Staff

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