GoDaddy Inc. (NYSE:GDDY) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.
GoDaddy (NYSE:GDDY) last issued its earnings results on Tuesday, August 8th. The technology company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.03 by $0.10. The business had revenue of $557.80 million for the quarter, compared to the consensus estimate of $551.26 million. GoDaddy had a return on equity of 6.05% and a net margin of 1.21%. The company’s revenue was up 22.3% compared to the same quarter last year. During the same period last year, the business posted ($0.11) EPS. On average, analysts expect GoDaddy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
GoDaddy Inc. (NYSE:GDDY) opened at $46.86 on Friday. The stock has a market capitalization of $7,722.20, a price-to-earnings ratio of 161.59, a PEG ratio of 8.08 and a beta of 0.64. GoDaddy Inc. has a 52 week low of $31.63 and a 52 week high of $46.95. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 4.89.
In other GoDaddy news, EVP James M. Carroll sold 33,600 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $41.58, for a total transaction of $1,397,088.00. Following the sale, the executive vice president now directly owns 42,087 shares of the company’s stock, valued at $1,749,977.46. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Barbara J. Rechterman sold 35,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $46.54, for a total value of $1,628,900.00. Following the sale, the insider now directly owns 50,427 shares in the company, valued at $2,346,872.58. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,333,060 shares of company stock worth $538,959,419. 22.68% of the stock is owned by insiders.
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A number of equities analysts have recently issued reports on the company. BidaskClub upgraded GoDaddy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 28th. B. Riley restated a “buy” rating and issued a $53.00 price target on shares of GoDaddy in a research note on Thursday, October 26th. Zacks Investment Research downgraded GoDaddy from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. William Blair assumed coverage on GoDaddy in a research note on Thursday, October 5th. They issued an “outperform” rating on the stock. Finally, Jefferies Group LLC restated a “buy” rating and issued a $55.00 price target on shares of GoDaddy in a research note on Wednesday, September 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. GoDaddy currently has an average rating of “Buy” and an average target price of $47.46.
GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.
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