Fairly Good Rating Given to GoDaddy (NYSE:GDDY) By a BidaskScore

GoDaddy (NYSE:GDDY) Stock Upgrade

In analysts report shared with investors this morning, BidaskScore upgraded their rating on shares of GoDaddy (NYSE:GDDY) to a Buy

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 7.93% above currents $81.23 stock price. GoDaddy had 11 analyst reports since November 28, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, February 20 by SunTrust. Barclays Capital maintained GoDaddy Inc. (NYSE:GDDY) rating on Thursday, February 21. Barclays Capital has “Overweight” rating and $82 target. J.P. Morgan maintained GoDaddy Inc. (NYSE:GDDY) rating on Thursday, February 21. J.P. Morgan has “Hold” rating and $83 target. The stock of GoDaddy Inc. (NYSE:GDDY) earned “Buy” rating by RBC Capital Markets on Thursday, February 21. Citigroup maintained GoDaddy Inc. (NYSE:GDDY) on Thursday, February 21 with “Buy” rating. The firm has “Overweight” rating given on Thursday, February 21 by Morgan Stanley. On Thursday, February 21 the stock rating was maintained by Oppenheimer with “Buy”. The stock of GoDaddy Inc. (NYSE:GDDY) earned “Buy” rating by Piper Jaffray on Thursday, February 21. JMP Securities maintained it with “Buy” rating and $93 target in Thursday, February 21 report.

The stock increased 0.16% or $0.13 during the last trading session, reaching $81.23. About 1.74 million shares traded or 9.53% up from the average. GoDaddy Inc. (NYSE:GDDY) has risen 24.16% since May 3, 2018 and is uptrending. It has outperformed by 19.79% the S&P500.

Analysts await GoDaddy Inc. (NYSE:GDDY) to report earnings on May, 14. They expect $0.12 earnings per share, up 500.00 % or $0.10 from last year’s $0.02 per share. GDDY’s profit will be $21.25M for 169.23 P/E if the $0.12 EPS becomes a reality. After $0.28 actual earnings per share reported by GoDaddy Inc. for the previous quarter, Wall Street now forecasts -57.14 % negative EPS growth.

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 $14.38 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 163.11 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.

More notable recent GoDaddy Inc. (NYSE:GDDY) news were published by: Seekingalpha.com which released: “GoDaddy offering 10.4M shares from selling stockholders – Seeking Alpha” on August 14, 2018, also Prnewswire.com with their article: “GoDaddy Inc. Announces First Quarter 2019 Earnings Conference Call… – PRNewswire” published on April 05, 2019, Benzinga.com published: “GODADDY, INC. (NYSE:GDDY) – Q4 Earnings Preview For GoDaddy – Benzinga” on February 20, 2019. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Prnewswire.com and their article: “Entrepreneurs Can Now Easily Sell Everywhere with the Launch of GoDaddy Marketplaces – PRNewswire” published on April 10, 2019 as well as Nasdaq.com‘s news article titled: “GoDaddy Stock: 8 Things to Know About GDDY Earnings – Nasdaq” with publication date: November 06, 2018.