Analysts Weigh in on GODADDY INC Stock Performance
January 8, 2023
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Godaddy Inc Stock Intrinsic Value – GODADDY INC ($NYSE:GDDY) is a technology company that specializes in domain name registration and web hosting services. Recently, analysts have taken a close look at GODADDY INC stock performance and provided their insight on the company’s future prospects. The analysts also point out that the company has a strong balance sheet and is well positioned for further growth. Analysts at Zacks Investment Research also have a ‘buy’ rating for GODADDY INC stock, citing the company’s strong fundamentals and attractive valuation. They note that the stock is trading at a discount to its peers and that its growth prospects remain strong.
The analysts at Credit Suisse have assigned an ‘outperform’ rating to the stock and are optimistic about the company’s prospects. They note that the company has done a good job of diversifying its business and that its product portfolio is well-positioned to benefit from increased demand. Overall, Wall Street analysts are bullish on GODADDY INC stock performance. The company’s strong fundamentals, attractive valuations, and growth prospects have attracted positive attention from analysts and investors alike. As long as the company continues to execute on its business plan, GODADDY INC is well positioned for long-term success.
Stock Price
However, on Tuesday, GODADDY INC stock opened at $76.0 and closed at $74.3, down by 0.7% from its last closing price of 74.8. Analysts have cited various reasons for the decline, such as the recent sell-off in tech stocks and the overall market volatility.
Additionally, there has been a decrease in demand for GODADDY INC’s services due to the COVID-19 pandemic and its impact on the economy. Despite this, analysts remain bullish on the company’s stock performance. They believe that GODADDY INC has a strong balance sheet and a solid business model, which will help it weather any economic downturns. Additionally, analysts think that the company’s recent move to offer more services to small businesses could be beneficial in the long run. They believe that the company’s strong fundamentals and relatively low valuation make it an attractive investment option for investors. Additionally, analysts think that the company’s focus on innovation and customer service will help it stay competitive and remain profitable in the future. 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 |
| 4.07k | 345.8 | 9.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Godaddy Inc. More…
| Operations | Investing | Financing |
| 943.9 | -180.8 | -1.08k |
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 |
| 7.07k | 7.35k | -1.79 |
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 |
| 11.9% | 38.6% | 12.0% |
| FCF Margin | ROE | ROA |
| 21.7% | -84.1% | 4.3% |
VI Analysis – Godaddy Inc Stock Intrinsic Value
Company fundamentals are a reliable indicator of the long-term potential of a business. VI app has made it easier than ever to analyze such fundamentals and make informed investment decisions. VI Line, a tool provided by VI app, has estimated the intrinsic value of Godaddy Inc’s stock to be around $91.7. However, the stock is currently trading at $74.3, indicating a fair price that is undervalued by 19%. This provides an opportunity for investors who can take advantage of this market discrepancy and purchase stocks from Godaddy Inc at a discounted price. Godaddy Inc is a leading provider of domain name registration services, web hosting, and website building services. Its products are used by millions of customers worldwide, resulting in a wide user base and strong customer loyalty. Its strong presence in the digital space has enabled it to expand its business and increase its market share. The company also has a strong financial position with a healthy balance sheet and consistent profits over the last five years. This indicates that the company is well-managed and has the resources to sustain itself in the long run. Overall, Godaddy Inc appears to be a good investment option for those looking to take advantage of the current market opportunity. With its strong fundamentals, wide user base and solid financial position, Godaddy Inc could be an attractive option for investors. More…
VI 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
Investors have been optimistic about GODADDY INC in recent months, with analysts giving the stock a positive outlook. Recent trends indicate that the company is performing well and its stock value is rising. Analysts have noted that the company has a strong balance sheet, good management, and a solid presence in the market. With potential for growth and further expansion, investors have been encouraged to consider GODADDY INC as a potential investment.
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