GoDaddy (NYSE:GDDY) Stock Upgrade
In an analyst note made public this morning, BidaskScore increased their rating on shares of GoDaddy (NYSE:GDDY) to a “Hold”
GoDaddy Inc. (NYSE:GDDY) Ratings Coverage
Among 2 analysts covering GoDaddy (NYSE:GDDY), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. GoDaddy has $8900 highest and $8500 lowest target. $87’s average target is 34.32% above currents $64.77 stock price. GoDaddy had 5 analyst reports since May 3, 2019 according to SRatingsIntel. The stock has “Outperform” rating by Raymond James on Friday, August 2. Barclays Capital maintained the stock with “Overweight” rating in Thursday, October 24 report.
The stock decreased 1.30% or $0.85 during the last trading session, reaching $64.77. About 583,715 shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 0.04% since October 29, 2018 and is uptrending. It has outperformed by 0.04% the S&P500.
Analysts await GoDaddy Inc. (NYSE:GDDY) to report earnings on November, 5. They expect $0.22 EPS, up 175.00 % or $0.14 from last year’s $0.08 per share. GDDY’s profit will be $39.27 million for 73.60 P/E if the $0.22 EPS becomes a reality. After $0.13 actual EPS reported by GoDaddy Inc. for the previous quarter, Wall Street now forecasts 69.23 % 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 $11.56 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 206.27 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: Finance.Yahoo.com which released: “Is Godaddy Inc (GDDY) A Good Stock To Buy ? – Yahoo Finance” on October 12, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Have Never Been More Bullish On Godaddy Inc (GDDY) – Yahoo Finance” published on June 18, 2019, Streetinsider.com published: “JPMorgan Slightly Cautios on Wix.com (WIX) and GoDaddy (NYSE: GDDY) – StreetInsider.com” on October 01, 2019. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Seekingalpha.com and their article: “GoDaddy Fails To Impress – Seeking Alpha” published on September 01, 2019 as well as Finance.Yahoo.com‘s news article titled: “GoDaddy Inc. (NYSE:GDDY) Delivered A Weaker ROE Than Its Industry – Yahoo Finance” with publication date: October 16, 2019.
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