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In the latest session, Godaddy Inc (NYSE: GDDY) closed at $197.37 down -1.04% from its previous closing price of $199.45. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 0.96 million shares were traded. GDDY stock price reached its highest trading level at $199.5354 during the session, while it also had its lowest trading level at $195.85.
Ratios:
For a deeper understanding of Godaddy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 10.97 whereas as Long-Term Debt/Eq ratio is at 10.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on September 23, 2024, Downgraded its rating to Neutral and sets its target price to $172 from $160 previously.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $170.
B. Riley Securities reiterated its Buy rating for the stock on July 12, 2024, while the target price for the stock was revised from $143 to $170.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when Chen Roger sold 1,000 shares for $207.35 per share. The transaction valued at 207,350 led to the insider holds 184,632 shares of the business.
ROGER CHEN bought 1,000 shares of GDDY for $207,350 on Dec 16 ’24. On Dec 09 ’24, another insider, Palitwanon Phontip, who serves as the Chief Accounting Officer of the company, sold 1,554 shares for $203.90 each. As a result, the insider received 316,864 and left with 21,505 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDDY now has a Market Capitalization of 27708973056 and an Enterprise Value of 30806550528. As of this moment, Godaddy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.26, and their Forward P/E ratio for the next fiscal year is 29.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.13 while its Price-to-Book (P/B) ratio in mrq is 77.66. Its current Enterprise Value per Revenue stands at 6.875 whereas that against EBITDA is 30.333.
Stock Price History:
Over the past 52 weeks, GDDY has reached a high of $211.11, while it has fallen to a 52-week low of $99.90. The 50-Day Moving Average of the stock is 4.38%, while the 200-Day Moving Average is calculated to be 27.85%.
Shares Statistics:
For the past three months, GDDY has traded an average of 1.17M shares per day and 1021850 over the past ten days. A total of 140.35M shares are outstanding, with a floating share count of 139.55M. Insiders hold about 0.60% of the company’s shares, while institutions hold 96.59% stake in the company. Shares short for GDDY as of 1734048000 were 3238307 with a Short Ratio of 2.78, compared to 1731628800 on 2903238. Therefore, it implies a Short% of Shares Outstanding of 3238307 and a Short% of Float of 2.97.
