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.
Investment analysts gave a few price targets for GDDY. The highest price target was 53, implying potential capital gains of 22.6 percent. The most pessimistic price target was 25, implying potential capital losses of -42.17 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 25 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 100 percent. 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, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
GDDY has traded between a high of 44.22 and a low of 28.13 over the past year. Today's price is 53.68 percent above the 52-week low, and 2.24 percent below the high. GDDY has a P/E 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.