GoDaddy Inc. (GDDY) Declines A lot Today, Is Now One of The Worst Performer

The stock of GoDaddy Inc. (NYSE:GDDY) is a huge mover today! The stock decreased 7.48% or $5.27 during the last trading session, reaching $65.15. About 2.87M shares traded or 89.66% up from the average. GoDaddy Inc. (NYSE:GDDY) has risen 0.04% since August 5, 2018 and is uptrending. It has outperformed by 0.04% the S&P500.
The move comes after 9 months negative chart setup for the $11.55 billion company. It was reported on Aug, 5 by Barchart.com. We have $59.29 PT which if reached, will make NYSE:GDDY worth $1.04B less.

GoDaddy Inc. (NYSE:GDDY) Ratings Coverage

Among 10 analysts covering GoDaddy (NYSE:GDDY), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. GoDaddy had 13 analyst reports since February 20, 2019 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Wednesday, February 20. Piper Jaffray maintained GoDaddy Inc. (NYSE:GDDY) rating on Thursday, February 21. Piper Jaffray has “Buy” rating and $97 target. The firm earned “Outperform” rating on Friday, August 2 by Raymond James. Barclays Capital maintained it with “Overweight” rating and $82 target in Thursday, February 21 report. The firm has “Buy” rating by Citigroup given on Thursday, February 21. The firm earned “Buy” rating on Thursday, February 21 by RBC Capital Markets. On Thursday, February 21 the stock rating was maintained by Oppenheimer with “Buy”. J.P. Morgan maintained the shares of GDDY in report on Thursday, February 21 with “Hold” rating. The firm earned “Overweight” rating on Thursday, February 21 by Morgan Stanley. The rating was maintained by JMP Securities on Thursday, February 21 with “Buy”.

More notable recent GoDaddy Inc. (NYSE:GDDY) news were published by: Prnewswire.com which released: “Small Business Owners Can Now Easily Create and Claim their Yelp Listing within GoDaddy’s GoCentral Platform – PRNewswire” on May 15, 2019, also Benzinga.com with their article: “Q4 Earnings Preview For GoDaddy – Benzinga” published on February 20, 2019, Prnewswire.com published: “GoDaddy Inc. Announces Second Quarter 2019 Earnings Conference Call On August 1, 2019 – PRNewswire” on July 09, 2019. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Fool.com and their article: “GoDaddy Inc (GDDY) Q1 2019 Earnings Call Transcript – Motley Fool” published on May 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here is What Hedge Funds Think About STMicroelectronics N.V. (STM) – Yahoo Finance” with publication date: June 29, 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 $11.55 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 207.48 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.