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.
GDDY was given price targets by several analysts. The highest price target was 53, implying a possible profit of 22.6 percent. The most pessimistic analyst gave a price target of 25, which equates to a potential downside of -42.17 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 25 percent on average, compared to last month. That number becomes 100 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.72 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 49.13 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, 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 a 52-week high of 44.22 and a 52-week low of 28.13. Currently the stock is 53.68 percent higher than its 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 will post this quarters earnings in days, on 0000-00-00.