GoDaddy (GDDY) Set to Announce Quarterly Earnings on Monday

GoDaddy (NYSE:GDDY) is scheduled to issue its quarterly earnings data after the market closes on Monday, April 30th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

GoDaddy (NYSE:GDDY) last released its quarterly earnings data on Thursday, February 22nd. The technology company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The business had revenue of $602.20 million during the quarter, compared to the consensus estimate of $593.47 million. GoDaddy had a return on equity of 9.87% and a net margin of 6.45%. On average, analysts expect GoDaddy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

GDDY stock opened at $63.77 on Monday. The firm has a market cap of $10,709.09, a PE ratio of 151.83, a PEG ratio of 7.61 and a beta of 0.55. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.59 and a quick ratio of 0.59. GoDaddy has a 52 week low of $37.25 and a 52 week high of $65.34.

GDDY has been the subject of a number of research analyst reports. B. Riley restated a “buy” rating and set a $53.00 price objective on shares of GoDaddy in a report on Wednesday, January 3rd. Deutsche Bank upped their price objective on GoDaddy from $60.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Goldman Sachs initiated coverage on GoDaddy in a report on Friday, March 23rd. They set a “buy” rating for the company. SunTrust Banks upped their price objective on GoDaddy to $71.00 and gave the stock a “buy” rating in a report on Friday, March 23rd. Finally, William Blair reaffirmed a “buy” rating on shares of GoDaddy in a research report on Monday, April 2nd. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $61.63.

In other GoDaddy news, CRO Ah Kee Andrew Low sold 10,951 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $61.38, for a total value of $672,172.38. Following the completion of the transaction, the executive now directly owns 51,880 shares of the company’s stock, valued at approximately $3,184,394.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Fund Holdings L.P. Kkr sold 5,000,000 shares of the company’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $59.21, for a total transaction of $296,050,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,741,578 shares of company stock valued at $813,457,433. 22.68% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The correct version of this news story can be read at

About GoDaddy

GoDaddy Inc designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally. It provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity; hosting products, such as shared Website hosting, Website hosting on virtual private servers and virtual dedicated servers, managed hosting, and security.

Earnings History for GoDaddy (NYSE:GDDY)

Receive News & Ratings for GoDaddy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy and related companies with's FREE daily email newsletter.

Leave a Reply