$0.08 EPS Expected for Godaddy Inc (GDDY)

October 20, 2017 - By Ellis Scott

Wall Street await Godaddy Inc (NYSE:GDDY) to release earnings on November, 1. Analysts forecast earnings per share of $0.08, up exactly $0.03 or 60.00 % from 2014’s $0.05 EPS. The expected GDDY’s profit could reach $13.21M giving the stock 138.13 P/E in the case that $0.08 earnings per share is reported. After posting $0.13 EPS for the previous quarter, Godaddy Inc’s analysts now forecast -38.46 % negative EPS growth. The stock decreased 0.45% or $0.2 during the last trading session, reaching $44.2. About 890,597 shares traded. Godaddy Inc (NYSE:GDDY) has risen 31.53% since October 20, 2016 and is uptrending. It has outperformed by 14.83% the S&P500.

Godaddy Inc (NYSE:GDDY) Ratings Coverage

Among 20 analysts covering GoDaddy Inc (NYSE:GDDY), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. GoDaddy Inc had 43 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, August 4 with “Buy”. The rating was initiated by Singular Research with “Sell” on Tuesday, April 5. The stock of Godaddy Inc (NYSE:GDDY) earned “Overweight” rating by Barclays Capital on Wednesday, March 29. On Friday, December 18 the stock rating was maintained by Monness Crespi & Hardt with “Buy”. The firm has “Hold” rating by Cantor Fitzgerald given on Monday, June 26. The firm has “Buy” rating by Oppenheimer given on Tuesday, June 20. The firm has “Neutral” rating given on Tuesday, November 1 by Monness Crespi & Hardt. Oppenheimer maintained Godaddy Inc (NYSE:GDDY) on Thursday, November 5 with “Outperform” rating. The firm has “Neutral” rating given on Tuesday, June 7 by Citigroup. The stock has “Buy” rating by Monness Crespi & Hardt on Wednesday, August 12.

GoDaddy Inc. is a technology provider to small businesses, Web design professionals and individuals. The company has market cap of $7.30 billion. The Firm delivers cloud products and personalized customer care. It has a 243.3 P/E ratio. It operates a domain marketplace, where its clients can find the digital real estate that matches their idea.

More recent Godaddy Inc (NYSE:GDDY) news were published by: Prnewswire.com which released: “Stocks Under Scanner in the Internet Space — Square, GoDaddy, Momo Inc., and …” on October 18, 2017. Also Prnewswire.com published the news titled: “GoDaddy Launches Pro Managed WordPress” on October 17, 2017. Prnewswire.com‘s news article titled: “GoDaddy Releases Annual Diversity and Salary Data” with publication date: October 02, 2017 was also an interesting one.

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