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Godaddy Inc (NYSE: GDDY) closed the day trading at $138.66 down -0.69% from the previous closing price of $139.63. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 1.15 million shares were traded. GDDY stock price reached its highest trading level at $140.7 during the session, while it also had its lowest trading level at $138.63.
Ratios:
For a better understanding of GDDY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 9.46 whereas as Long-Term Debt/Eq ratio is at 9.35.
On February 14, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also upped its target price recommendation from $100 to $110.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 04 ’24 when Bhutani Amanpal Singh sold 6,825 shares for $138.09 per share. The transaction valued at 942,457 led to the insider holds 377,498 shares of the business.
McCaffrey Mark sold 2,687 shares of GDDY for $371,045 on Jun 04 ’24. The Chief Financial Officer now owns 106,786 shares after completing the transaction at $138.09 per share. On Jun 04 ’24, another insider, Daddario Nick, who serves as the Chief Accounting Officer of the company, sold 523 shares for $138.09 each. As a result, the insider received 72,220 and left with 22,666 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 19542878208 and an Enterprise Value of 22667759616. As of this moment, Godaddy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.53, and their Forward P/E ratio for the next fiscal year is 22.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.53 while its Price-to-Book (P/B) ratio in mrq is 47.61. Its current Enterprise Value per Revenue stands at 5.239 whereas that against EBITDA is 25.316.
Stock Price History:
Over the past 52 weeks, GDDY has reached a high of $141.27, while it has fallen to a 52-week low of $69.18. The 50-Day Moving Average of the stock is 7.48%, while the 200-Day Moving Average is calculated to be 34.42%.
Shares Statistics:
Over the past 3-months, GDDY traded about 1.28M shares per day on average, while over the past 10 days, GDDY traded about 1440790 shares per day. A total of 142.05M shares are outstanding, with a floating share count of 139.90M. Insiders hold about 0.74% of the company’s shares, while institutions hold 97.40% stake in the company. Shares short for GDDY as of 1715731200 were 2998558 with a Short Ratio of 2.34, compared to 1713139200 on 2519187. Therefore, it implies a Short% of Shares Outstanding of 2998558 and a Short% of Float of 2.74.
