GoDaddy (NYSE:GDDY) Releases Earnings Results, Misses Estimates By $0.01 EPS

GoDaddy (NYSE:GDDY) posted its quarterly earnings data on Thursday. The technology company reported $1.42 EPS for the quarter, missing the consensus estimate of $1.43 by ($0.01), Zacks reports. GoDaddy had a net margin of 41.74% and a return on equity of 267.29%. GoDaddy updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

GoDaddy Stock Performance

NYSE GDDY opened at $212.99 on Friday. The company has a 50-day simple moving average of $204.59 and a two-hundred day simple moving average of $179.30. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 10.61. GoDaddy has a 12-month low of $108.00 and a 12-month high of $216.00. The firm has a market cap of $29.90 billion, a price-to-earnings ratio of 16.46 and a beta of 1.15.

Insider Buying and Selling at GoDaddy

In other news, COO Roger Chen sold 1,000 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $207.35, for a total transaction of $207,350.00. Following the completion of the sale, the chief operating officer now directly owns 184,632 shares in the company, valued at approximately $38,283,445.20. This represents a 0.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Amanpal Singh Bhutani sold 3,000 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $197.77, for a total transaction of $593,310.00. Following the sale, the chief executive officer now owns 342,956 shares of the company’s stock, valued at approximately $67,826,408.12. This represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,482 shares of company stock worth $4,709,650 over the last three months. Company insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on GDDY shares. StockNews.com cut shares of GoDaddy from a “strong-buy” rating to a “buy” rating in a report on Friday, November 8th. Raymond James boosted their target price on shares of GoDaddy from $185.00 to $230.00 and gave the company a “strong-buy” rating in a report on Tuesday, January 21st. Piper Sandler boosted their target price on shares of GoDaddy from $176.00 to $177.00 and gave the company a “neutral” rating in a report on Friday. Wells Fargo & Company started coverage on shares of GoDaddy in a report on Monday, February 3rd. They set an “equal weight” rating and a $198.00 target price on the stock. Finally, Benchmark upped their price target on shares of GoDaddy from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $200.60.

About GoDaddy

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.