Analyst Ratings for GoDaddy Inc. Cl A (GDDY)Updated: 2017-07-28
Shares of GoDaddy Inc. Cl A (NYSE:GDDY) have received a consensus rating of Overweight from Wall Street analysts. Last month, GDDY received an average rating of Overweight.
15 analysts issued ratings on the stock, where 9 gave GDDY a buy rating, 1 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for GDDY. The highest price target was 53, which equates to a potential upside of 22.6 percent. The most pessimistic analyst gave a price target of 25, implying potential capital losses of -42.17 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 25 percent. The average change in earnings estimates over the last 90 days is 100 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.72 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 49.13 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, GDDY hit 44.22 at the highest peak, while it's lowest trading point was 28.13. The current market price is above the trailing year's low by 53.68 percent, and below the high by 2.24 percent. GDDY has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The GDDY value stock report compares GDDY to some of its peers using value stock charts. The market cap of GDDY is $7.37 billion. GDDY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.