Godaddy Stock Price on December 9, 2023

GDDY Stock  USD 113.01  0.36  0.32%   
Below is the normalized historical share price chart for Godaddy extending back to March 31, 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 113.01, as last reported on the 28th of February, with the highest price reaching 113.71 and the lowest price hitting 112.71 during the day.
IPO Date
1st of April 2015
200 Day MA
85.0511
50 Day MA
107.6796
Beta
1.119
 
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 0.18, which attests that the entity had 0.18% 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. We have found twenty-eight technical indicators for Godaddy, which you can use to evaluate the future volatility of the firm. Please utilize Godaddy's Downside Deviation of 1.14, market risk adjusted performance of 0.8399, and Risk Adjusted Performance of 0.1725 to validate if our risk estimates are consistent with your expectations.
  
Net Income Common Stock is likely to rise to about 437 M in 2024. 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 3.48 in 2024, whereas Price to Book Value is likely to drop (34.02) in 2024. Godaddy Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1834

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsGDDY
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.12
  actual daily
9
91% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Godaddy is performing at about 14% 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
201.5216
Enterprise Value Ebitda
26.0047
Price Sales
3.797
Shares Float
134 M
Wall Street Target Price
124.13

Godaddy Main Headline on 8th of December 2023

Unclassified Event
by SEC
Unclassified Corporate Event

Godaddy Valuation on December 9, 2023

It is possible to determine the worth of Godaddy on a given historical date. On December 9, 2023 Godaddy was worth 103.44 at the beginning of the trading date compared to the closed value of 104.31. 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
  103.07    104.50    103.07    103.87    1,298,998  
12/08/2023
  103.44    105.06    103.27    104.31    1,402,147  
  104.36    105.54    104.10    105.33    1,897,660  
Backtest Godaddy  |  Godaddy History  |  Godaddy Valuation   PreviousNext  
Open Value
103.44
100.07
Downside
104.31
Closing Value
106.81
Upside

Godaddy Trading Date Momentum on December 9, 2023

On December 11 2023 Godaddy was traded for  105.33  at the closing time. The top price for the day was 105.54  and the lowest listed price was  104.10 . The trading volume for the day was 1.9 M. The trading history from December 11, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.98% . The overall trading delta against the current closing price is 0.66% .

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 2024
Weighted Average Shares182.6 M162.6 M
Weighted Average Shares Diluted185.7 M170.5 M
Issuance Purchase of Equity Shares-1.1 B-1.2 B

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
December 8, 2023
High

 103.44 

  

 104.31 

0.870.84%

Godaddy February 28, 2024 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 unemployment.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Money Managers
Screen money managers from public funds and ETFs managed around the world
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
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
12.082
Earnings Share
9.2
Revenue Per Share
28.687
Quarterly Revenue Growth
0.058
Return On Assets
0.0548
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.