Brokerages on Wall Street forecast GoDaddy Incorporated (NYSE: GDDY) to report sales amounting to $920.48M for the present fiscal quarter. Earnings estimates have been provided by nine analysts. The highest and lowest estimates for sales stand at $923.98M and $919.50M respectively. Last year, in this quarter, GoDaddy posted $806.40 worth of sales.
Commentary On GDDY Stock
The latest data for the earnings of the quarter of GDDY stock was posted on 5th May, Wednesday. An EPS of $0.06 was reported falling below the consensus $0.31 estimate. It also had a -142.59% equity return and a -15.39% net margin.
Several research brokerages have issued their reports on GDDY stock recently. Zacks Investment Research decreased its rating to “sell” from “hold” while issuing a price target of $87 on 7th April, Wednesday. Raymond James increased their price target to $107 from $96 while issuing a rating of “strong-buy” on 12th February, Friday. Barclays increased their price target to $107 from $90 while issuing a rating of “overweight” on 12th February, Friday. JPMorgan Chase & Co. increased their price target to $113 from $110 while issuing a rating of “overweight” on 12th February, Friday. Rosenblatt Securities decreased their target price to $110 from $120 while issuing a rating of “buy” on 21st May, Friday.
On Monday, GDDY stock opened at a value of $80.96. The highest and lowest value of the shares over a period of one year are $93.75 and $66.50 respectively. The market capitalization of the firm stands at $13.61B with a 0.98 beta. The moving average of the company over a period of 50 days stands at $83.52 while for 200 days it stands at $81.47.
Amanpal Singh Bhutani, the CEO, sold off 2980 GDDY shares on 5th April, Monday at an $81.38 average price per share. Nima Kelly, an insider, sold off 7918 shares on 2nd March, Tuesday at an average $82.64 price per share.
