Godaddy Stock Today

GDDY Stock  USD 71.65  1.23  1.69%   

Market Performance

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Odds Of Distress

Less than 35

 
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Godaddy is trading at 71.65 as of the 27th of September 2023; that is -1.69 percent decrease since the beginning of the trading day. The stock's open price was 72.88. Godaddy has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Godaddy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of August 2023 and ending today, the 27th of September 2023. Click here to learn more.
Business Domain
Software & Services
IPO Date
1st of April 2015
Category
Technology
Classification
Information Technology
GoDaddy Inc. engages in the design and development of cloud-based technology products in the United States and internationally. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona. Godaddy operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. The company has 146.81 M outstanding shares of which 2.58 M shares are currently shorted by private and institutional investors with about 1.79 trading days to cover. More on Godaddy

Godaddy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Godaddy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Godaddy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorBlake Irving
Thematic IdeaComputers (view all)
Average Analyst Recommendation
Analysts covering Godaddy report their recommendations after researching Godaddy's financial statements, talking to executives and customers, or listening in on Godaddy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Godaddy. The Godaddy consensus assessment is calculated by taking the average forecast from all of the analysts covering Godaddy.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Godaddy based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Godaddy financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Very StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted153.2 M161.5 M
Notably Down
Slightly volatile
Weighted Average Shares146.1 M158.8 M
Significantly Down
Slightly volatile
Return on Average Assets0.05510.051
Significantly Up
Slightly volatile
Net Cash Flow from Operations800.8 M979.7 M
Significantly Down
Slightly volatile
Current Liabilities2.3 B2.5 B
Significantly Down
Slightly volatile
Total Liabilities6.6 B7.3 B
Moderately Down
Slightly volatile
Gross Margin0.70.637
Significantly Up
Slightly volatile
Total Debt3.4 B3.9 B
Fairly Down
Slightly volatile
Asset Turnover0.590.588
Slightly Up
Slightly volatile
Current Assets1.5 B1.6 B
Notably Down
Slightly volatile
Total Assets6.7 BB
Sufficiently Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Godaddy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Godaddy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Godaddy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Godaddy's financial leverage. It provides some insight into what part of Godaddy's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Godaddy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Godaddy deploys its capital and how much of that capital is borrowed.
Liquidity
Godaddy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.95 B in liabilities. Godaddy has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Godaddy until it has trouble settling it off, either with new capital or with free cash flow. So, Godaddy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Godaddy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Godaddy to invest in growth at high rates of return. When we think about Godaddy's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

800.79 Million
Godaddy (GDDY) is traded on New York Stock Exchange in USA. It is located in 2155 East GoDaddy Way, Tempe, AZ, United States, 85284 and employs 6,910 people. Godaddy is listed under Internet Services & Infrastructure category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Godaddy's market, we take the total number of its shares issued and multiply it by Godaddy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Godaddy conducts business under IT Services sector and is part of Information Technology industry. The entity has 146.81 M outstanding shares of which 2.58 M shares are currently shorted by private and institutional investors with about 1.79 trading days to cover. Godaddy currently holds about 916.5 M in cash with 979.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.86.
Check Godaddy Probability Of Bankruptcy
Ownership
Godaddy secures a total of 146.81 Million outstanding shares. The majority of Godaddy outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Godaddy to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Godaddy. Please pay attention to any change in the institutional holdings of Godaddy as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check Godaddy Ownership Details

Godaddy Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Godaddy jumping above the current price in 90 days from now is about 80.76%. The Godaddy probability density function shows the probability of Godaddy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Godaddy has a beta of 0.7121. This usually indicates as returns on the market go up, Godaddy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Godaddy will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Godaddy is significantly underperforming NYSE Composite.
  Odds Below 71.65HorizonTargetOdds Above 71.65
19.00%90 days
 71.65 
80.76%
Based on a normal probability distribution, the odds of Godaddy to move above the current price in 90 days from now is about 80.76 (This Godaddy probability density function shows the probability of Godaddy Stock to fall within a particular range of prices over 90 days) .

Godaddy Historical Income Statement

Godaddy Income Statement is one of the three primary financial statements used for reporting Godaddy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Godaddy revenue and expense. Godaddy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Godaddy Direct Expenses is fairly stable at the moment as compared to the past year. Godaddy reported Direct Expenses of 1.48 Billion in 2022. Consolidated Income is likely to rise to about 380.8 M in 2023, whereas Cost of Revenue is likely to drop slightly above 1.3 B in 2023. View More Fundamentals

Godaddy Stock Against Markets

Picking the right benchmark for Godaddy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Godaddy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Godaddy is critical whether you are bullish or bearish towards Godaddy at a given time. Please also check how Godaddy's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Godaddy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Godaddy Corporate Directors

Godaddy corporate directors refer to members of a Godaddy board of directors. The board of directors generally takes responsibility for the Godaddy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Godaddy's board members must vote for the resolution. The Godaddy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard KimballDirectorProfile
Greg MondreIndependent DirectorProfile
Bob ParsonsFounder, DirectorProfile
Caroline DonahueIndependent DirectorProfile

How to buy Godaddy Stock?

Before investing in Godaddy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Godaddy. To buy Godaddy stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Godaddy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Godaddy stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Godaddy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Godaddy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Godaddy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.

Already Invested in Godaddy?

The danger of trading Godaddy is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Godaddy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Godaddy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Godaddy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.