Godaddy Stock Price on September 12, 2023

GDDY Stock  USD 102.01  1.95  1.95%   
Below is the normalized historical share price chart for Godaddy extending back to April 01, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Godaddy stands at 102.01, as last reported on the 4th of December, with the highest price reaching 102.39 and the lowest price hitting 99.19 during the day.
IPO Date
1st of April 2015
200 Day MA
75.9169
50 Day MA
81.3584
Beta
0.905
 
Yuan Drop
 
Covid
If you're considering investing in Godaddy Stock, it is important to understand the factors that can impact its stock price. Godaddy appears to be very steady, given 3 months investment horizon. Godaddy holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had 0.27% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By evaluating Godaddy technical indicators you can presently evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Godaddy's Market Risk Adjusted Performance of 0.4349, risk adjusted performance of 0.217, and Downside Deviation of 1.06 to validate if our risk estimates are consistent with your expectations.
  
Net Income Common Stock is likely to rise to about 380 M in 2023. At this time, Godaddy's Price to Earnings Ratio is fairly stable as compared to the past year. Price to Sales Ratio is likely to rise to 3.25 in 2023, whereas Price to Book Value is likely to drop (37.80) in 2023. Godaddy Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2681

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Estimated Market Risk

 2.03
  actual daily
17
83% of assets are more volatile

Expected Return

 0.54
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
20
80% of assets perform better
Based on monthly moving average Godaddy is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Godaddy by adding it to a well-diversified portfolio.
Price Book
24.3495
Enterprise Value Ebitda
25.2626
Price Sales
3.433
Shares Float
130.4 M
Wall Street Target Price
104.07

Godaddy Main Headline on 12th of September 2023

Unclassified Event
by SEC
Unclassified Corporate Event

Godaddy Valuation on September 12, 2023

It is possible to determine the worth of Godaddy on a given historical date. On September 12, 2023 Godaddy was worth 74.92 at the beginning of the trading date compared to the closed value of 74.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Godaddy stock. Still, in general, we apply an absolute valuation method to find Godaddy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Godaddy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Godaddy's related companies.
 Open High Low Close Volume
  74.99    75.47    73.61    73.70    1,957,071  
09/12/2023
  74.92    77.21    74.09    74.64    3,515,580  
  74.77    76.13    74.58    75.07    3,233,818  
Backtest Godaddy  |  Godaddy History  |  Godaddy Valuation   PreviousNext  
Open Value 74.92
74.64
Closing Value
81.01
Upside

Godaddy Trading Date Momentum on September 12, 2023

On September 13 2023 Godaddy was traded for  75.07  at the closing time. The top price for the day was 76.13  and the lowest listed price was  74.58 . The trading volume for the day was 3.2 M. The trading history from September 13, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.58% . The overall trading delta against the current closing price is 1.90% .

Godaddy Fundamentals Correlations and Trends

By evaluating Godaddy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Godaddy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Godaddy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Godaddy Stock history

Godaddy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Godaddy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Godaddy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Godaddy stock prices may prove useful in developing a viable investing in Godaddy
Last ReportedProjected for 2023
Weighted Average Shares158.8 M146.1 M
Weighted Average Shares Diluted161.5 M153.2 M
Issuance Purchase of Equity Shares-1.3 B-1.3 B

Godaddy Quarterly Market Capitalization

10.96 Billion

Godaddy Stock Technical Analysis

Godaddy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Godaddy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Godaddy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Godaddy Period Price Range

Low
September 12, 2023
High

 74.92 

  

 74.64 

-0.28-0.37%

Godaddy December 4, 2023 Market Strength

Market strength indicators help investors to evaluate how Godaddy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Godaddy shares will generate the highest return on investment. By undertsting and applying Godaddy stock market strength indicators, traders can identify Godaddy entry and exit signals to maximize returns

Godaddy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Godaddy stock's direction in advance. Along with the technical and fundamental analysis of Godaddy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Godaddy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Godaddy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Godaddy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Godaddy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Godaddy Stock:
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Godaddy Stock analysis

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
0.413
Earnings Share
2.31
Revenue Per Share
27.656
Quarterly Revenue Growth
0.035
Return On Assets
0.0511
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.