GoDaddy (GDDY) Stock Price, News & Analysis

Company Overview

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. The segment also offers connected commerce comprising Smart Terminal, a dual screen all-in-one Point-of-Sale system that allows customers to manage in-store inventory and product catalogs and take payments; GoDaddy Payments, a payment facilitator that enables customers to accept all major forms of payments; and email service plans with a multi-feature web interface, and Microsoft Office 365 accounts that connects to customers' domains. The Core Platform segment offers domain products, including primary registrations, domain aftermarket platform, and domain name add-ons, as well as GoDaddy Registry, a provider of domain name registry services; and hosting and security services comprising shared website hosting, virtual private servers, and managed wordpress hosting services, as well as security products with a comprehensive suite of tools designed to help secure customers' online presence. The company serves small businesses, individuals, organizations, developers, designers, and domain investors. GoDaddy Inc. was founded in 1997 and is headquartered in Tempe, Arizona.

Key Stats

• Today's Range: $200.03 to $206.62
• 50-Day Range: $159.94 to $209.03
• 52-Week Range: $99.90 to $211.11
• Volume: 2.42 million shs
• Average Volume: 1.46 million shs
• Market Capitalization: $28.84 billion
• P/E Ratio: 15.87
• Dividend Yield: N/A
• Price Target: $181.57
• Consensus Rating: Moderate Buy

GoDaddy Stock Analysis - MarketRank™

GoDaddy scored higher than 88% of companies evaluated by MarketBeat, and ranked 120th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

GoDaddy has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

GoDaddy has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 34.88%

Earnings Growth

Earnings for GoDaddy are expected to grow by 34.88% in the coming year, from $4.96 to $6.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GoDaddy is 15.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of GoDaddy is 15.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.11.

Price to Book Value per Share Ratio

GoDaddy has a P/B Ratio of 466.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.43% of the float of GoDaddy has been sold short.

Short Interest Ratio / Days to Cover

GoDaddy has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GoDaddy has recently increased by 16.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GoDaddy does not currently pay a dividend.

Dividend Growth

GoDaddy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -0.85

Percentage of Shares Shorted

2.43% of the float of GoDaddy has been sold short.

Short Interest Ratio / Days to Cover

GoDaddy has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GoDaddy has recently increased by 16.90%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.97

News Sentiment

GoDaddy has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for GoDaddy this week, compared to 14 articles on an average week.

Search Interest

Only 10 people have searched for GDDY on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.

MarketBeat Follows

Only 20 people have added GoDaddy to their MarketBeat watchlist in the last 30 days. This is a decrease of -74% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $4,158,033.00 in company stock.

Percentage Held by Insiders

Only 0.61% of the stock of GoDaddy is held by insiders.

Percentage Held by Institutions

90.28% of the stock of GoDaddy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GDDY Stock Analysis - Frequently Asked Questions

How have GDDY shares performed this year?

GoDaddy's stock was trading at $106.16 at the start of the year. Since then, GDDY shares have increased by 93.5% and is now trading at $205.41.
View the best growth stocks for 2024 here.

How were GoDaddy's earnings last quarter?

GoDaddy Inc. (NYSE:GDDY) posted its earnings results on Wednesday, October, 30th. The technology company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.25 by $0.07. GoDaddy's quarterly revenue was up 7.3% on a year-over-year basis.

When did GoDaddy IPO?

GoDaddy (GDDY) raised $396 million in an initial public offering (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 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.

Who are GoDaddy's major shareholders?

Top institutional investors of GoDaddy include Janus Henderson Group PLC (5.02%), State Street Corp (4.91%), Geode Capital Management LLC (2.44%) and Starboard Value LP (2.23%). Insiders that own company stock include Amanpal Singh Bhutani, Roger Chen, Mark Mccaffrey, Michele Lau, Brian Sharples, Phontip Palitwanon, Nick Daddario, Leah Sweet and Sigal Zarmi.
View institutional ownership trends.

How do I buy shares of GoDaddy?

Shares of GDDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of GoDaddy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GoDaddy investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Computer integrated systems design
• Sub-Industry: N/A
• Current Symbol: NYSE:GDDY
• CUSIP: N/A
• CIK: 1609711
• Web: www.godaddy.com
• Phone: (480) 505-8800
• Fax: 512-777-2870
• Employees: 6,159
• Year Founded: 1997

Price Target and Rating

• Average Stock Price Target: $181.57
• High Stock Price Target: $230.00
• Low Stock Price Target: $130.00
• Potential Upside/Downside: -11.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $12.94
• Trailing P/E Ratio: 15.87
• Forward P/E Ratio: 41.41
• P/E Growth: N/A
• Net Income: $1.37 billion
• Net Margins: 41.74%
• Pretax Margin: 15.32%
• Return on Equity: 267.29%
• Return on Assets: 8.47%

Debt

• Debt-to-Equity Ratio: 10.61
• Current Ratio: 0.56
• Quick Ratio: 0.56

Sales & Book Value

• Annual Sales: $4.48 billion
• Price / Sales: 6.44
• Cash Flow: $4.14 per share
• Price / Cash Flow: 49.67
• Book Value: $0.44 per share
• Price / Book: 466.84

Miscellaneous

• Outstanding Shares: 140,391,000
• Free Float: 139,535,000
• Market Cap: $28.84 billion
• Optionable: Optionable
• Beta: 1.15