GoDaddy (GDDY) Expected to Announce Earnings on Thursday

GoDaddy (NYSE:GDDY - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect GoDaddy to post earnings of $1.46 per share and revenue of $1.19 billion for the quarter. GoDaddy has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

GoDaddy (NYSE:GDDY - Get Free Report) last posted its earnings results on Thursday, February 13th. The technology company reported $1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.43 by ($0.01). The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.18 billion. GoDaddy had a return on equity of 176.06% and a net margin of 20.49%. On average, analysts expect GoDaddy to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

GoDaddy Trading Up 0.6 %

Shares of NYSE GDDY traded up $1.13 during trading hours on Tuesday, hitting $186.20. The company's stock had a trading volume of 144,906 shares, compared to its average volume of 1,467,670. The business has a 50-day simple moving average of $175.53 and a 200-day simple moving average of $186.88. The company has a debt-to-equity ratio of 5.46, a quick ratio of 0.56 and a current ratio of 0.72. The stock has a market cap of $26.32 billion, a price-to-earnings ratio of 28.84 and a beta of 1.19. GoDaddy has a 12 month low of $120.59 and a 12 month high of $216.00.

Insider Buying and Selling

In other GoDaddy news, COO Roger Chen sold 1,000 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $171.75, for a total transaction of $171,750.00. Following the transaction, the chief operating officer now owns 256,949 shares of the company's stock, valued at approximately $44,130,990.75. This trade represents a 0.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Mark Mccaffrey sold 5,500 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $179.85, for a total transaction of $989,175.00. Following the completion of the sale, the chief financial officer now owns 115,375 shares in the company, valued at $20,750,193.75. This represents a 4.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,000 shares of company stock valued at $3,518,150 in the last 90 days. Company insiders own 0.61% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on GDDY. Benchmark reiterated a "buy" rating on shares of GoDaddy in a report on Monday. Citigroup dropped their target price on GoDaddy from $260.00 to $234.00 and set a "buy" rating on the stock in a research report on Friday. Wells Fargo & Company began coverage on GoDaddy in a research note on Monday, February 3rd. They issued an "equal weight" rating and a $198.00 price objective on the stock. StockNews.com downgraded GoDaddy from a "buy" rating to a "hold" rating in a research note on Monday, February 17th. Finally, JPMorgan Chase & Co. lifted their target price on GoDaddy from $224.00 to $231.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, GoDaddy presently has an average rating of "Moderate Buy" and a consensus target price of $209.60.

About GoDaddy

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.