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 most optimistic price target was 53, implying potential capital gains of 22.6 percent. The most pessimistic price target was 25, which equates to a potential downside of -42.17 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 25 percent. That number becomes 100 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.72 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 49.13 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
In the last 52-weeks, GDDY has achieved a high of 44.22 and a low of 28.13. Today's price is 53.68 percent above the 52-week low, and 2.24 percent lower than its 52-week high. 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 stock has a market capitalization of $7.37 billion. GDDY's next earnings release will be on 0000-00-00, which is days away.