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Is this Large Market Cap Stock target price reasonable for 58.com Inc. (NYSE:WUBA)?

The company in question is, 58.com Inc. (NYSE:WUBA) currently with a stock price of 45.88 (1.71% today). The market cap for 58.com Inc. is 6371.79, and is in the sector Technology, and Internet Information Providers industry. The target price for 58.com Inc. is 61.11. Currently 58.com Inc. is trading with a P/E of *TBA, and a forward P/E of 36.82. Average volume for 58.com Inc. is 1536.83 and so far today it is 274126.

Performance in the last year for 58.com Inc. has been -10.90%. For EPS growth, 58.com Inc. has seen a growth of -921.30%, and is looking to grow in the next year to 392.90%. More long term stats show that EPS growth has been -28.60% over the last five years and could be *TBA for the next five years. 58.com Inc. has seen sales growth quarter over quarter at 86.70%, with EPS growth quarter over quarter at 139.10%. The 20-day simple moving average is -5.54%, with the 200-day simple moving average coming to -11.38%.

Since the IPO date for 58.com Inc. on the 10/31/2013, 58.com Inc. has seen performance year to date to be -31.61%. With 58.com Inc. trading at 45.88, the dividend yield is *TBA, and the EPS is -1.87.

So could 58.com Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 6.39 and the P/B is at 2.38. The P/cash is 20.23, with P/free cash flow at *TBA.

58.com Inc. ability to deal with debt shows that the current ratio is 0.5, and the quick ratio is 0.5. This is with long term debt/equity at 0, and total debt/equity at 0.1.

In terms of margins, 58.com Inc. has a gross margin of 91.60%, an operating margin of -23.50% and a profit margin of -24.10%.Payout ratio for 58.com Inc. is *TBA. Return on assets come to -6.00% with return on investment coming to -8.60%.

Insider ownership for 58.com Inc., is at 14.03% and institutional ownership comes to 68.30%. Outstanding shares are at 141.25. While shares float is 11.76. The float short is currently 87.48%, and short ratio is 6.7.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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