GoDaddy Inc. designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally. It provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity; hosting products, such as shared Website hosting, Website hosting on virtual private servers and virtual dedicated servers, managed hosting, and security. The company also offers presence products, including GoCentral, an online tool that enables customers to build Websites and online stores; and 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. In addition, the company offers business application products, including Microsoft Office 365, email accounts, email marketing, and telephony services. GoDaddy Inc. was incorporated in 2014 and is headquartered in Scottsdale, Arizona.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Computer integrated systems design
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:GDDY
CUSIPN/A
Phone480-505-8800
Debt
Debt-to-Equity Ratio3.56
Current Ratio0.73
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio175.60
Forward P/E Ratio134.09
P/E Growth8.15
Sales & Book Value
Annual Sales$2.23 billion
Price / Sales5.69
Cash Flow$1.5946 per share
Price / Cash46.25
Book Value$3.25 per share
Price / Book22.69
Profitability
EPS (Most Recent Fiscal Year)$0.42
Net Income$136.40 million
Net Margins5.83%
Return on Equity8.78%
Return on Assets0.86%
Miscellaneous
Employees5,990
Outstanding Shares172,290,000
Market Cap$13.10 billion
Godaddy (NYSE:GDDY) Frequently Asked Questions
What is Godaddy's stock symbol?
Godaddy trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDDY."
How were Godaddy's earnings last quarter?
Godaddy Inc (NYSE:GDDY) issued its quarterly earnings results on Thursday, August, 2nd. The technology company reported $0.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.03. The technology company had revenue of $652 million for the quarter, compared to analysts' expectations of $643.59 million. Godaddy had a return on equity of 8.78% and a net margin of 5.83%. The firm's revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.10 EPS. View Godaddy's Earnings History.
When is Godaddy's next earnings date?
What price target have analysts set for GDDY?
17 brokers have issued 12 month price objectives for Godaddy's stock. Their forecasts range from $52.00 to $90.00. On average, they expect Godaddy's stock price to reach $74.1429 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Godaddy.
What is the consensus analysts' recommendation for Godaddy?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Godaddy in the last year. There are currently 1 sell rating, 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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 has outperformed the industry it belongs to in the past 12-months. The second quarter revenues continues to benefit from new product introductions and improving customer base. However, lower-than-expected web hosting sales in the quarter impacted results. The company's new mobile-optimized website builder, GoCentral, has been gaining momentum and will be contributing to the company's further revenue generation. We note that growing subscriptions, expanding product portfolio and contributions from HEG acquisition remain the key drivers of the company’s growth. The company’s investment in products, technology platform and customer care, as well as offering highly personalized products and services globally will drive shareholder value. However, significant competition remains a headwind. Also, heavy debt burden along with controversies surrounding the company will pose major challenges." (8/14/2018)
- 2. SunTrust Banks, Inc. analysts commented, "We reiterate our Buy/$87 PT following a strong 2Q print and early signs of progress against medium/LT growth objectives (conversational marketing, GoCentral, customer experience, etc). Better than expected 2Q performance was driven by solid sub growth and higher ARPU, attesting to the strength of the underlying fundamentals. We note that the core domains business continues to grow at a double-digit pace, with the strength likely to be sustained into 2H18 on sub growth, higher retention and after-market strength. Balance sheet capacity for accretive M&A represents potential upside to our PT. Results vs. consensus. Top line was $651.6M (+17% Y/Y) vs. FactSet consensus of $643.5M, while bookings were $754.2M vs. consensus of $750.2M. We note that excluding purchase accounting and FX, top line grew ~14-15% Y/Y." (8/6/2018)
Who are some of Godaddy's key competitors?
Some companies that are related to Godaddy include Cerner (CERN), Jack Henry & Associates (JKHY), Leidos (LDOS), Open Text (OTEX), CSRA (CSRA), CACI INTERNATIONAL INC Common Stock (CACI), Science Applications International (SAIC), Scientific Games (SGMS), Verint Systems (VRNT), Ebix (EBIX), Allscripts Healthcare Solutions (MDRX), Convergys (CVG), NetScout Systems (NTCT), Quality Systems (QSII) and Sykes Enterprises (SYKE).
Who are Godaddy's key executives?
Godaddy's management team includes the folowing people:
- Mr. Scott W. Wagner, CEO & Director (Age 47)
- Mr. Robert R. Parsons CPA, CPA, Founder & Non-Employee Director (Age 68)
- Mr. Raymond E. Winborne Jr., Chief Financial Officer (Age 50)
- Mr. Arne M. Josefsberg, Exec. VP, Chief Infrastructure Officer & Chief Information Officer (Age 60)
- Ms. Nima J. Kelly, Exec. VP & Gen. Counsel (Age 55)
When did Godaddy IPO?
(GDDY) raised $396 million in an initial public offering 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 served 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.
Has Godaddy been receiving favorable news coverage?
News coverage about GDDY stock has trended somewhat positive on Saturday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Godaddy earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news headlines about the technology company an impact score of 45.47 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Godaddy.
Who are Godaddy's major shareholders?
Godaddy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (7.67%), BlackRock Inc. (5.05%), Select Equity Group L.P. (2.64%), Renaissance Technologies LLC (2.41%), Winslow Capital Management LLC (2.34%) and First Trust Advisors LP (2.08%). Company insiders that own Godaddy stock include Ah Kee Andrew Low, Arne Josefsberg, Auguste Goldman, Barbara J Rechterman, Betsy Rafael, Blake Irving, Brian Sharples, Charles J Robel, Fund Holdings LP Kkr, James M Carroll, Jay C Hoag, Kkr 2006 Gp Llc, Lake Group LLC Silver, Matthew B Kelpy, Nima Kelly, Raymond E Winborne Jr, Rebecca Morrow, Rick Kimball, 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 FMR LLC, Select Equity Group L.P., Egerton Capital UK LLP, Millennium Management LLC, Laurion Capital Management LP, Partner Fund Management L.P., Winslow Capital Management LLC and Cubist Systematic Strategies LLC. Company insiders that have sold Godaddy company stock in the last year include Ah Kee Andrew Low, Arne Josefsberg, Auguste Goldman, Barbara J Rechterman, Blake Irving, Brian Sharples, Fund Holdings LP Kkr, James M Carroll, Kkr 2006 Gp Llc, Lake Group LLC Silver, Nima Kelly, Raymond E Winborne Jr, Rebecca Morrow, Rick Kimball, Robert R Parsons, Scott Wagner and Steven Aldrich. View Insider Buying and Selling for Godaddy.
Which institutional investors are buying Godaddy stock?
GDDY stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Voya Investment Management LLC, Bank of America Corp DE, First Trust Advisors LP, Sumitomo Mitsui Trust Holdings Inc., Renaissance Technologies LLC, Janus Henderson Group PLC and Schwab Charles Investment Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Godaddy's stock price today?
One share of GDDY stock can currently be purchased for approximately $73.75.
How big of a company is Godaddy?
Godaddy has a market capitalization of $13.10 billion and generates $2.23 billion in revenue each year. The technology company earns $136.40 million in net income (profit) each year or $0.42 on an earnings per share basis. Godaddy employs 5,990 workers across the globe.
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]
MarketBeat Community Rating for Godaddy (NYSE GDDY)
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.
