The stock of Godaddy Inc (NYSE:GDDY) is a huge mover today! About 487,630 shares traded hands. Godaddy Inc (NYSE:GDDY) has risen 10.14% since February 29, 2016 and is uptrending. It has underperformed by 2.07% the S&P500.
The move comes after 7 months positive chart setup for the $5.68B company. It was reported on Oct, 3 by Barchart.com. We have $45.51 PT which if reached, will make NYSE:GDDY worth $1.76B more.
Analysts await Godaddy Inc (NYSE:GDDY) to report earnings on November, 2. They expect $0.04 earnings per share, up 200.00% or $0.08 from last year’s $-0.04 per share. GDDY’s profit will be $6.54M for 217.13 P/E if the $0.04 EPS becomes a reality. After $-0.11 actual earnings per share reported by Godaddy Inc for the previous quarter, Wall Street now forecasts -136.36% EPS growth.
Godaddy Inc (NYSE:GDDY) Ratings Coverage
Out of 12 analysts covering GoDaddy Inc (NYSE:GDDY), 9 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 75% are positive. GoDaddy Inc has been the topic of 22 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Oppenheimer maintained the shares of GDDY in a report on Thursday, November 5 with “Outperform” rating. The stock of Godaddy Inc (NYSE:GDDY) has “Neutral” rating given on Friday, April 15 by B. RIley. The rating was maintained by Deutsche Bank with “Buy” on Thursday, August 4. Citigroup maintained the shares of GDDY in a report on Monday, August 31 with “Buy” rating. The stock of Godaddy Inc (NYSE:GDDY) has “Outperform” rating given on Thursday, November 5 by RBC Capital Markets. The stock has “Buy” rating given by Monness Crespi & Hardt on Friday, December 18. The firm earned “Buy” rating on Thursday, November 5 by Deutsche Bank. The rating was maintained by Deutsche Bank on Thursday, August 6 with “Buy”. As per Wednesday, August 12, the company rating was initiated by Monness Crespi & Hardt. Oppenheimer maintained the shares of GDDY in a report on Thursday, August 6 with “Outperform” rating.
According to Zacks Investment Research, “GoDaddy, Inc. is engaged in the designing and development of cloud-based technology products for small businesses, Web design professionals and individuals. The Company’s products include domain, hosting and presence and business applications. GoDaddy, Inc. is headquartered in Scottsdale, Arizona.”
More notable recent Godaddy Inc (NYSE:GDDY) news were published by: Marketwatch.com which released: “GoDaddy narrows losses as revenue surges” on August 03, 2016, also Prnewswire.com with their article: “GoDaddy Inc. Announces Second Quarter 2016 Earnings Conference Call” published on July 11, 2016, Prnewswire.com published: “GoDaddy Inc. Announces Proposed Follow-on Offering by Stockholders” on April 05, 2016. More interesting news about Godaddy Inc (NYSE:GDDY) were released by: Prnewswire.com and their article: “GoDaddy Inc. Announces Pricing of Follow-on Offering by Stockholders” published on April 07, 2016 as well as Prnewswire.com‘s news article titled: “GoDaddy Reports Continued Growth In Second Quarter 2016” with publication date: August 03, 2016.
GDDY Company Profile
GoDaddy Inc., incorporated on May 28, 2014, is a technology well-known provider to small businesses, Web design professionals and individuals. The Firm delivers cloud products and personalized customer care. The Firm operates a domain marketplace, where its clients can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help clients construct and protect online presence. It provides applications that enable connecting to clients and managing businesses. The Firm provides search, discovery and recommendation tools, as well as a selection of domain name for ventures. The Firm provides productivity tools, such as domain-specific e-mail, online storage, invoicing, bookkeeping and payment solutions to run ventures, as well as marketing products.
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