Godaddy Inc (NYSE: GDDY) is -8.55% lower on its value in year-to-date trading and has touched a low of $119.76 and a high of $216.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GDDY stock was last observed hovering at around $180.72 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $180.50, the stock is 1.12% and -4.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing -0.12% at the moment leaves the stock 4.06% off its SMA200. GDDY registered 49.04% gain for a year compared to 6-month gain of 15.13%. The firm has a 50-day simple moving average (SMA 50) of $188.8798 and a 200-day simple moving average (SMA200) of $173.46304.
The stock witnessed a 2.31% loss in the last 1 month and extending the period to 3 months gives it a -9.50%, and is -1.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.46% over the week and 2.41% over the month.
Godaddy Inc (GDDY) has around 5518 employees, a market worth around $25.51B and $4.57B in sales. Current P/E ratio is 27.97 and Fwd P/E is 22.65. Profit margin for the company is 20.50%. Distance from 52-week low is 50.72% and -16.44% from its 52-week high. The company has generated returns on investments over the last 12 months (20.60%).
The EPS is expected to grow by 0.02% this year
1107.0 institutions hold shares in Godaddy Inc (GDDY), with institutional investors hold 99.62% of the company’s shares. The shares outstanding are 141.21M, and float is at 140.29M with Short Float at 1.93%. Institutions hold 98.90% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.45 million shares valued at $2.44 billion. The investor’s holdings represent 12.2405 of the GDDY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.41 million shares valued at $1.87 billion to account for 9.4946 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 7.67 million shares representing 5.4307 and valued at over $1.07 billion, while STATE STREET CORP holds 4.7746 of the shares totaling 6.75 million with a market value of $942.35 million.
Godaddy Inc (GDDY) Insider Activity
Still, SEC filings show that on Apr 01 ’25, MARK D MCCAFFREY (Officer) Proposed Sale 5,500 shares at an average price of $179.85 for $0.99 million. The insider now directly holds shares of Godaddy Inc (GDDY).
