The stock of Godaddy Inc Class A (NYSE:GDDY) registered a decrease of 2.39% in short interest. GDDY’s total short interest was 5.94 million shares in March as published by FINRA. Its down 2.39% from 6.09 million shares, reported previously. With 1.26 million shares average volume, it will take short sellers 5 days to cover their GDDY’s short positions.
The stock decreased 3.21% or $2.49 during the last trading session, reaching $74.99. About 1.05 million shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 24.16% since March 23, 2018 and is uptrending. It has outperformed by 19.79% the S&P500.
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 $13.43 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 166.64 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.
GoDaddy Inc. (NYSE:GDDY) Ratings Coverage
Among 9 analysts covering GoDaddy (NYSE:GDDY), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. GoDaddy has $97 highest and $82 lowest target. $87.67’s average target is 16.91% above currents $74.99 stock price. GoDaddy had 12 analyst reports since October 11, 2018 according to SRatingsIntel. The company was maintained on Thursday, February 21 by JMP Securities. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, February 21 report. The stock of GoDaddy Inc. (NYSE:GDDY) has “Buy” rating given on Thursday, February 21 by Piper Jaffray. The company was maintained on Thursday, February 21 by RBC Capital Markets. J.P. Morgan maintained the stock with “Hold” rating in Thursday, February 21 report. Citigroup maintained the shares of GDDY in report on Thursday, February 21 with “Buy” rating. The firm has “Overweight” rating by Barclays Capital given on Thursday, February 21. The firm earned “Buy” rating on Thursday, October 11 by Citigroup. The rating was maintained by SunTrust on Wednesday, February 20 with “Buy”. The rating was maintained by Oppenheimer on Thursday, February 21 with “Buy”.
More notable recent GoDaddy Inc. (NYSE:GDDY) news were published by: Seekingalpha.com which released: “Will GoDaddy Follow The PaaS Route? – GoDaddy Inc. (NYSE:GDDY) – Seeking Alpha” on March 22, 2019, also Investorplace.com with their article: “7 Top Stocks to Buy From Goldman Sachs’ Secret Portfolio – Investorplace.com” published on March 08, 2019, Bizjournals.com published: “Private equity firms put millions of GoDaddy shares on the block – Phoenix Business Journal” on February 26, 2019. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Finance.Yahoo.com and their article: “6 of the Most Expensive Stocks That Could Go On Sale – Yahoo Finance” published on March 08, 2019 as well as Investorplace.com‘s news article titled: “Now Is the Best Time to Lock in Those Shopify Stock Profits – Investorplace.com” with publication date: March 04, 2019.
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