NYSE:GDDYGodaddy Stock Price, Forecast & News

$79.14

-2.33 (-2.86 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$78.52

Now: $79.14▼

$81.63

50-Day Range

$63.67

MA: $72.25▼

$81.47

52-Week Range

$40.25

Now: $79.14▼

$82.47

Volume1.01 million shs

Average Volume1.36 million shs

Market Capitalization$13.18 billion

P/E Ratio85.10

Dividend YieldN/A

Beta0.89

GoDaddy Inc. designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity; and hosting products, including shared Website hosting, Website hosting on virtual private servers and virtual dedicated servers, managed hosting, and security. It also offers presence products, such as GoCentral, an online tool that enables customers to build Websites and online stores; a range of marketing tools designed to help businesses acquire and engage customers, as well as search engine optimization that helps customers get their Websites found on search sites; and social media management services. In addition, the company offers business application products, such as Microsoft Office 365, email accounts, email marketing, and telephony services. GoDaddy Inc. was incorporated in 2014 and is headquartered in Scottsdale, Arizona.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Godaddy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.91, Godaddy has a potential upside of 6.0% from its current price of $79.14.
Amount of Analyst Coverage
Godaddy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.5 Community Rank

Outperform Votes
Godaddy has received 805 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Godaddy has received 349 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Godaddy has received 69.76% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Godaddy and other stocks. Vote “Outperform” if you believe GDDY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GDDY will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Godaddy does not currently pay a dividend.
Dividend Growth
Godaddy does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Godaddy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,878,082.00 in company stock.
Percentage Held by Insiders
Only 12.64% of the stock of Godaddy is held by insiders.
Percentage Held by Institutions
98.46% of the stock of Godaddy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Godaddy are expected to grow by 37.14% in the coming year, from $1.05 to $1.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Godaddy is 85.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of Godaddy is 85.10, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 44.20.
Price to Earnings Growth Ratio
Godaddy has a PEG Ratio of 2.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Godaddy has a P/B Ratio of 17.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.65 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Computer integrated systems design

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:GDDY

Previous Symbol

CUSIPN/A

CIK1609711

Webwww.godaddy.com

Phone480-505-8800

Debt

Debt-to-Equity Ratio5.24

Current Ratio0.64

Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio85.10

Forward P/E Ratio75.37

P/E Growth2.42

Sales & Book Value

Annual Sales$2.99 billion

Price / Sales4.41

Cash Flow$2.06 per share

Price / Cash Flow38.50

Book Value$4.49 per share

Price / Book17.63

Profitability

EPS (Most Recent Fiscal Year)$0.82

Net Income$137 million

Net Margins5.44%

Return on Equity27.82%

Return on Assets3.22%

Miscellaneous

Employees7,024

Outstanding Shares166,540,000

Market Cap$13.18 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Godaddy (NYSE:GDDY) Frequently Asked Questions

How has Godaddy's stock been impacted by COVID-19 (Coronavirus)?

Godaddy's stock was trading at $58.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GDDY shares have increased by 36.0% and is now trading at $79.14. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Godaddy?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Godaddy in the last year. There are currently 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Godaddy.

When is Godaddy's next earnings date?

Godaddy is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Godaddy.

How were Godaddy's earnings last quarter?

Godaddy Inc (NYSE:GDDY) issued its earnings results on Wednesday, May, 6th. The technology company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.06. The technology company had revenue of $792 million for the quarter, compared to analyst estimates of $789.80 million. Godaddy had a return on equity of 27.82% and a net margin of 5.44%. The firm's quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 EPS. View Godaddy's earnings history.

What guidance has Godaddy issued on next quarter's earnings?

Godaddy issued an update on its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $790-790 million, compared to the consensus revenue estimate of $790.38 million.

What price target have analysts set for GDDY?

11 brokers have issued 12-month price targets for Godaddy's stock. Their forecasts range from $73.00 to $93.00. On average, they anticipate Godaddy's stock price to reach $83.91 in the next year. This suggests a possible upside of 6.0% from the stock's current price. View analysts' price targets for Godaddy.

What are Wall Street analysts saying about Godaddy stock?

Here are some recent quotes from research analysts about Godaddy stock:

1. According to Zacks Investment Research, "GoDaddy reported solid fourth-quarter revenues driven by strong product demand and efficient execution. The company continues to ride on personalized products and services, and the technology platform. Growing adoption of its domain products continues to drive top-line growth. Acquisitions, international expansion, robust feature engagements and strength in GoCentral are driving growth of the Hosting and Presence segment. Moreover, increasing subscription of GoCentral remains a major positive. Additionally, growing momentum of Open-Xchange in emerging markets is likely to accelerate revenues within the Business Applications unit. However, the company’s heavy debt burden and rising expenses remain concerns. Notably, the stock has outperformed the industry it belongs to in the past year." (2/18/2020)
2. SunTrust Banks, Inc. analysts commented, "We view the introduction of new marketing technology called the launch of integrated product suite called Websites + Marketing positively given that a) the move bolsters GoDaddy’s offering for small business marketing, which should arguably lead to higher ARPU and LTV over time and b) the offering should boost customer value proposition (given the promising early results) and help GoDaddy’s competitive positioning, both of which bode well for customer retention and acquisition, in our view. Note: We’ll be hosting a investor meeting with mgt in SF on Thursday, 9/18." (9/17/2019)

Has Godaddy been receiving favorable news coverage?

News headlines about GDDY stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Godaddy earned a news impact score of -2.7 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutGodaddy.

Are investors shorting Godaddy?

Godaddy saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 5,890,000 shares, a drop of 15.9% from the April 30th total of 7,000,000 shares. Based on an average daily volume of 2,120,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 3.6% of the shares of the stock are short sold. View Godaddy's Current Options Chain.

Who are some of Godaddy's key competitors?

Some companies that are related to Godaddy include Cerner (CERN), Leidos (LDOS), Jack Henry & Associates (JKHY), Open Text (OTEX), Altaba (AABA), Caci International (CACI), Science Applications International (SAIC), Parsons (PSN), Verint Systems (VRNT), NetScout Systems (NTCT), Scientific Games (SGMS), Sykes Enterprises (SYKE), Allscripts Healthcare Solutions (MDRX), Simulations Plus (SLP) and Ebix (EBIX). View all competitors.

What other stocks do shareholders of Godaddy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Godaddy investors own include Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), Cisco Systems (CSCO), Tesla (TSLA), Adobe (ADBE), Intel (INTC), Advanced Micro Devices (AMD) and salesforce.com (CRM).

Who are Godaddy's key executives?

Godaddy's management team includes the following people:

Mr. Scott W. Wagner, CEO & Director (Age 48)
Mr. Raymond E. Winborne Jr., Chief Financial Officer (Age 51)
Mr. Arne M. Josefsberg, Exec. VP, Chief Infrastructure Officer & Chief Information Officer (Age 61)
Ms. Nima J. Kelly, Chief Legal Officer, Exec. VP & Sec. (Age 56)
Mr. Steven Aldrich, Chief Product Officer (Age 48)

When did Godaddy IPO?

(GDDY) raised $396 million in an IPO on Wednesday, April 1st 2015. The company issued 22,000,000 shares at $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR, Stifel, Piper Jaffray, Oppenheimer and JMP Securities were co-managers.

What is Godaddy's stock symbol?

Godaddy trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDDY."

Who are Godaddy's major shareholders?

Godaddy's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.87%), Capital International Investors (4.41%), Wellington Management Group LLP (4.25%), Janus Henderson Group PLC (4.23%), State Street Corp (2.17%) and BlueSpruce Investments LP (2.16%). Company insiders that own Godaddy stock include 2006 Fund (Gdg) LP Kkr, Ah Kee Andrew Low, Arne Josefsberg, Brian Sharples, Greg Mondre, James M Carroll, Nima Kelly, Raymond E Winborne Jr, Rebecca Morrow, Robert R Parsons, Scott Wagner and Steven Aldrich. View institutional ownership trends for Godaddy.

Which institutional investors are selling Godaddy stock?

GDDY stock was sold by a variety of institutional investors in the last quarter, including Eminence Capital LP, BlackRock Inc., Wellington Management Group LLP, First Manhattan Co., Carmignac Gestion, Franklin Resources Inc., Balyasny Asset Management LLC, and Engle Capital Management L.P.. Company insiders that have sold Godaddy company stock in the last year include Ah Kee Andrew Low, Arne Josefsberg, Brian Sharples, James M Carroll, Nima Kelly, Raymond E Winborne Jr, Rebecca Morrow, and Scott Wagner. View insider buying and selling activity for Godaddy.

Which institutional investors are buying Godaddy stock?

GDDY stock was bought by a variety of institutional investors in the last quarter, including Newbrook Capital Advisors LP, Los Angeles Capital Management & Equity Research Inc., Capital International Investors, FDx Advisors Inc., BlueSpruce Investments LP, First Trust Advisors LP, Spyglass Capital Management LLC, and Assenagon Asset Management S.A.. View insider buying and selling activity for Godaddy.

How do I buy shares of Godaddy?

Shares of GDDY 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, Robinhood, Fidelity, and Charles Schwab.

What is Godaddy's stock price today?

One share of GDDY stock can currently be purchased for approximately $79.14.

How big of a company is Godaddy?

Godaddy has a market capitalization of $13.18 billion and generates $2.99 billion in revenue each year. The technology company earns $137 million in net income (profit) each year or $0.82 on an earnings per share basis. Godaddy employs 7,024 workers across the globe.

What is Godaddy's official website?

The official website for Godaddy is www.godaddy.com.

How can I contact Godaddy?

Godaddy's mailing address is 14455 NORTH HAYDEN ROAD, SCOTTSDALE AZ, 85260. The technology company can be reached via phone at 480-505-8800 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff