Godaddy Inc (NYSE: GDDY) Emerges As Guiding Light For Investors

Godaddy Inc (NYSE:GDDY) currently has a daily average trading volume of 1.63M but it saw 1321497 shares traded in last market. With a market cap of 26.21B USD, the company’s current market price of $183.97 came rising about 0.26 while comparing to the previous closing price of $183.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $216.00 and as low as $135.73.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which initiated the stock as “Equal Weight” in its note to investors issued on February 03, 2025, recommending a price target of $198 for it. Piper Sandler downgraded its recommendation for the stock as a “Neutral” from “Overweight” on September 23, 2024 while assigning a price target range of $160-$172. Cantor Fitzgerald also issued its recommendations for the stock as it initiated the price target for the stock is $170.

Over the week, GDDY’s stock price is moving -3.15% down while it is 3.35% when we observe its performance for the past one month. Year-to-date it is -6.79% down and over the past year, the stock is showing an upside performance of 33.35%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 1.35 while estimate for next year EPS is 6.03. In next quarter, company is expected to be making quarterly sales of $1.23B as analysts are expecting the sales for current fiscal year at $4.91B and seeing the company making $5.28B in sales next year. Moreover, analysts are in estimates of $1.21B for current-quarter revenue.

Currently, Godaddy Inc’s total number of outstanding shares is 142.43M with 0.71% of that held by the insiders while 98.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 18.64% and return on equity (ROE) at 245.70%. It has a price to earnings ratio (P/E ratio) of 35.32 while having a 24.88 of forward P/E ratio. Stock’s beta reads 1.09. Stock has a price to book (P/B) ratio of 131.21 while price to sale or P/S ratio amounts to 5.63. Its return on asset (ROA) is 9.55% on average.