The stock of GoDaddy Inc. (NYSE:GDDY) is a huge mover today! The stock increased 2.11% or $1.44 during the last trading session, reaching $69.74. About 560,076 shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 34.41% since February 4, 2018 and is uptrending. It has outperformed by 34.41% the S&P500.
The move comes after 8 months positive chart setup for the $12.10B company. It was reported on Feb, 4 by Barchart.com. We have $74.62 PT which if reached, will make NYSE:GDDY worth $847.07 million more.
Analysts await GoDaddy Inc. (NYSE:GDDY) to report earnings on February, 28. They expect $0.13 earnings per share, up 18.18 % or $0.02 from last year’s $0.11 per share. GDDY’s profit will be $22.56 million for 134.12 P/E if the $0.13 EPS becomes a reality. After $0.08 actual earnings per share reported by GoDaddy Inc. for the previous quarter, Wall Street now forecasts 62.50 % EPS growth.
GoDaddy Inc. (NYSE:GDDY) Ratings Coverage
Among 3 analysts covering GoDaddy (NYSE:GDDY), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. GoDaddy had 4 analyst reports since August 6, 2018 according to SRatingsIntel. The firm earned “Overweight” rating on Monday, August 6 by Morgan Stanley. Citigroup upgraded the shares of GDDY in report on Thursday, October 11 to “Buy” rating.
More notable recent GoDaddy Inc. (NYSE:GDDY) news were published by: Bizjournals.com which released: “GoDaddy stockholders plan to sell millions of shares – Phoenix Business Journal” on August 15, 2018, also Bizjournals.com with their article: “Bob Parsons to step down from GoDaddy board – Phoenix Business Journal” published on October 03, 2018, Seekingalpha.com published: “GoDaddy -4 despite Q2 beats, upside guide; net income attributable down Y/Y – Seeking Alpha” on August 02, 2018. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Seekingalpha.com and their article: “GoDaddy offering 10.4M shares from selling stockholders – Seeking Alpha” published on August 14, 2018 as well as Bizjournals.com‘s news article titled: “Alliance of American Football hires Bob Parsons’ production company – Phoenix Business Journal” with publication date: January 24, 2019.
GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company has market cap of $12.10 billion. It provides domain name registration product that enables to engage clients at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security. It has a 94.12 P/E ratio. The firm also offers Website builder, an online tool that enables clients to build Websites; online store product that allows clients to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps clients get their Websites found on search sites through search engine optimization.
Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.