Godaddy Inc Intrinsic Stock Value – GoDaddy Sees Bright Future Despite Recent Success: Baird
December 11, 2023
🌥️Trending News
GODADDY ($NYSE:GDDY): Baird’s recent report on GoDaddy Inc. (NYSE: GDDY) highlights the company’s impressive success and potential for future growth. After achieving record performance in its most recent quarter, GoDaddy is continuing to show positive momentum. It offers a wide range of services from domain registration to website building and hosting, giving customers the ability to create their own websites and build their brand online.
With its strong presence in the small business sector, GoDaddy is well-positioned for long-term success. Baird’s report notes that GoDaddy is investing in customer service and product innovation, which are key drivers of its current success and will be instrumental in driving future growth. With its current momentum and potential for future growth, it’s clear that GoDaddy sees a bright future ahead.
Share Price
GoDaddy Inc, the world’s largest domain name registrar and web hosting company, has been enjoying increasing success lately. On Tuesday, the company’s stock opened at $92.8 and closed at $92.9, representing an increase of 0.2% from the prior closing price of $92.6. This optimistic performance was further amplified by Baird analysts, who have been expressing optimism about the company’s future despite its recent success.
They anticipate the company to continue to benefit from its innovative approach to technology and the ever-growing demand for its services. Ultimately, Baird sees a bright future for GoDaddy Inc and is confident that the company will continue to rise in value over time. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Godaddy Inc. More…
| Total Revenues | Net Income | Net Margin |
| 4.19k | 354.5 | 10.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Godaddy Inc. More…
| Operations | Investing | Financing |
| 957.9 | -77.9 | -1.38k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Godaddy Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.5k | 7.47k | -6.93 |
Key Ratios Snapshot
Some of the financial key ratios for Godaddy Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.2% | 34.5% | 12.6% |
| FCF Margin | ROE | ROA |
| 20.7% | -40.3% | 5.1% |
Analysis – Godaddy Inc Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of GODADDY INC‘s wellbeing. Our proprietary Valuation Line has calculated the intrinsic value of GODADDY INC share to be around $94.4. Currently GODADDY INC stock is being traded at $92.9, a fair price but undervalued by 1.6%. This trend may be an indication that the markets are underestimating the value of GODADDY INC stock, and investors should take advantage of this situation and purchase the stock while it is still priced lower than its intrinsic value. More…
Peers
As of March 2020, GoDaddy has approximately 19 million customers and over 77 million domain names under management. The company is headquartered in Scottsdale, Arizona, and employs more than 4,000 people. Hipay Group SA is a French provider of online and mobile payment solutions. The company offers a range of services, including credit and debit card processing, e-commerce, and fraud prevention. Hipay Group SA has over 500 employees and is headquartered in Paris, France. Ease2pay NV is a Belgian provider of online payment solutions. The company offers a range of services, including credit and debit card processing, e-commerce, and fraud prevention. Ease2pay NV has over 200 employees and is headquartered in Brussels, Belgium. Spenda Ltd is a UK-based provider of online payment solutions. The company offers a range of services, including credit and debit card processing, e-commerce, and fraud prevention. Spenda Ltd has over 100 employees and is headquartered in London, England.
– Hipay Group SA ($LTS:0RA7)
Hipay Group SA is a global provider of online payment solutions. The company offers a range of services, including credit and debit card processing, mobile payments, and cross-border payments. Hipay Group SA has a market cap of 21.46M as of 2022 and a return on equity of -12.85%. The company’s products and services are used by merchants in a variety of industries, including e-commerce, travel, and gaming.
– Ease2pay NV ($LTS:0E63)
Ease2pay NV is a provider of mobile payments solutions. The company offers a range of services, including mobile payment processing, mobile wallet management, and merchant acquiring. Ease2pay NV has a market cap of 41.15M as of 2022. The company’s return on equity was -6.13% for the year ended December 31, 2021.
– Spenda Ltd ($ASX:SPX)
Spenda Ltd is a publicly traded company with a market capitalization of $38.78 million as of 2022. The company has a negative return on equity of -53.06%, meaning that it has lost money for shareholders in the past year. Spenda Ltd is a provider of online marketing and advertising services. The company operates in the United Kingdom, the United States, Canada, Australia, and New Zealand.
Summary
Baird, an investment firm, recently released an analysis of GoDaddy Inc and found that the company has a financial outlook that is “meaningful” and will provide long-term success. The company’s stock has seen recent gains, which Baird believes indicates potential for further growth and profit. As such, Baird concluded that GoDaddy appears to be a sound investment opportunity with a positive future trajectory. The analysts forecast that GoDaddy’s management team should be able to maintain the company’s financial success and continue to deliver value for investors in the long run.
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