Godaddy Earnings Estimate

GDDY Stock  USD 71.65  1.23  1.69%   
Many public companies, such as Godaddy, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Godaddy's earnings estimates, investors can diagnose different trends across Godaddy's analyst sentiment over time as well as compare current estimates against different timeframes. .
Godaddy is projected to generate 0.7 in earnings per share on the 30th of September 2023. Godaddy earnings estimates module stress-tests analyst consensus about projected Godaddy EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Profit Margin is likely to rise to 0.09 in 2023, whereas Gross Profit is likely to drop slightly above 2.2 B in 2023.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.

Godaddy Earnings Estimation Breakdown

The calculation of earning per share of Godaddy is based on the official Zacks consensus of 7 analysts regarding Godaddy's future annual earnings. Given the historical accuracy of 76.92%, Godaddy's future earnings per share of Godaddy is estimated to be 0.7 with the lowest and highest values of 0.58 and 0.92, respectively. Please note that this consensus of annual earnings estimates for Godaddy is an estimate of EPS before non-recurring items and includes employee stock options expenses
  Current EPS 2.03
0.58
Lowest
Expected EPS 0.7
0.92
Highest

Godaddy Earnings Projection Consensus

Suppose the current estimates of Godaddy's value are higher than the current market price of the Godaddy stock. In this case, investors may conclude that Godaddy is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Godaddy's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 30th of September 2023
776.92%2.030.7

Godaddy Earnings History

Earnings estimate consensus by Godaddy analysts from Wall Street is used by the market to judge Godaddy's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Godaddy's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Godaddy Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

169.7 Million

Godaddy Earning Before Interest and Taxes EBIT is fairly stable at the moment as compared to the past year. Godaddy reported Earning Before Interest and Taxes EBIT of 502.1 Million in 2022. Earnings per Basic Share is likely to rise to 2.39 in 2023, whereas Accumulated Retained Earnings Deficit are likely to drop (2.5 B) in 2023. Weighted Average Shares is likely to drop to about 146.1 M in 2023. Weighted Average Shares Diluted is likely to drop to about 153.2 M in 2023.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Godaddy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Godaddy in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
70.2171.6973.17
Details
Intrinsic
Valuation
LowRealHigh
64.4982.5384.01
Details
Naive
Forecast
LowNextHigh
67.1968.6770.15
Details
12 Analysts
Consensus
LowTargetHigh
80.0092.27107.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Godaddy. Your research has to be compared to or analyzed against Godaddy's peers to derive any actionable benefits. When done correctly, Godaddy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Godaddy. Note that many institutional investors and large investment bankers can move markets due to the volume of Godaddy assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Godaddy. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Godaddy's stock price in the short term.

Godaddy Earnings per Share Projection vs Actual

Actual Earning per Share of Godaddy refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Godaddy predict the company's earnings will be in the future. The higher the earnings per share of Godaddy, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Godaddy Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Godaddy, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Godaddy should always be considered in relation to other companies to make a more educated investment decision.

Godaddy Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Godaddy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-08-03
2023-06-300.570.54-0.03
2023-05-04
2023-03-310.50.3-0.240 
2023-02-14
2022-12-310.620.620
2022-11-03
2022-09-300.580.630.05
2022-08-03
2022-06-300.490.560.0714 
2022-05-04
2022-03-310.420.41-0.01
2022-02-10
2021-12-310.410.520.1126 
2021-11-03
2021-09-300.40.580.1845 
2021-08-04
2021-06-300.320.27-0.0515 
2021-05-05
2021-03-310.320.06-0.2681 
2021-02-11
2020-12-310.360.410.0513 
2020-11-04
2020-09-300.330.380.0515 
2020-08-05
2020-06-300.150.250.166 
2020-05-06
2020-03-310.170.240.0741 
2020-02-13
2019-12-310.310.340.03
2019-11-06
2019-09-300.210.310.147 
2019-08-01
2019-06-300.160.01-0.1593 
2019-05-02
2019-03-310.10.07-0.0330 
2019-02-20
2018-12-310.130.240.1184 
2018-11-06
2018-09-300.170.08-0.0952 
2018-08-02
2018-06-300.080.110.0337 
2018-05-08
2018-03-310.010.020.01100 
2018-02-22
2017-12-310.090.090
2017-11-06
2017-09-300.040.040
2017-08-08
2017-06-300.010.10.09900 
2017-05-02
2017-03-31-0.060.010.07116 
2017-02-15
2016-12-310.09-0.02-0.11122 
2016-11-02
2016-09-300.030.050.0266 
2016-08-03
2016-06-30-0.07-0.11-0.0457 
2016-05-04
2016-03-31-0.17-0.150.0211 
2016-02-17
2015-12-31-0.03-0.15-0.12400 
2015-11-04
2015-09-30-0.07-0.040.0342 
2015-08-05
2015-06-30-0.170.330.5294 
2015-05-12
2015-03-310.33-0.34-0.67203 

About Godaddy Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Godaddy earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Godaddy estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Godaddy fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide. Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Godaddy's price analysis, check to measure Godaddy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
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Is Godaddy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Godaddy. If investors know Godaddy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Godaddy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.036)
Earnings Share
2.03
Revenue Per Share
26.93
Quarterly Revenue Growth
0.032
Return On Assets
0.0477
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Godaddy's market value can be influenced by many factors that don't directly affect Godaddy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.