Godaddy Inc Stock Forecast:
According to the predictions of 10 analysts, the average target price for Godaddy Inc‘s stock over the next 12 months is USD 93.18, and the analysts’ consensus rating for the stock is Strong Buy. Stock Target Advisor has conducted its own analysis of Godaddy Inc’s stock and determined that it is Bullish based on 9 positive signals and 3 negative signals. As of the most recent closing, Godaddy Inc’s stock was priced at USD 74.40. The stock’s value has risen by 3.49% in the past week but has decreased by 4.38% over the past month and by 9.16% over the last year.
Analysts Coverage Change:
Piper Jaffray Co. Downgrades Godaddy Inc. to a “Neutral” rating and lowers the target price to $88 from $100.
Positive Fundamentals:
There are several positive indicators for investing in GoDaddy Inc. stock. These include a high market capitalization, low volatility, superior return on equity, superior capital utilization, superior return on assets, positive cash flow, positive free cash flow, superior earnings growth in the previous 5 years, and a high gross profit to asset ratio.
A high market capitalization suggests that the company is among the largest in its sector, providing stability and credibility to investors. Meanwhile, low volatility suggests that the stock’s annual returns have been stable and consistent, indicating a more predictable investment option.
Superior return on equity, capital utilization, and return on assets all indicate that the company’s management has been more effective in generating returns than its peers. Positive cash flow and free cash flow indicate that the company has healthy cash flows, allowing for investment in growth opportunities or shareholder returns.
The superior earnings growth in the previous 5 years suggests that the company has been growing and increasing profitability at a faster rate than its competitors, providing potential for future growth. Finally, a high gross profit to asset ratio indicates that the company is generating more profit per dollar of assets, suggesting that it is undervalued compared to its peers, making it an attractive option for value investors.
Negative Fundamentals:
Godaddy Inc. stock is overpriced compared to its book value, cashflow, and free cash flow on a price-to-peer basis. It is priced above the median for its sectors, and caution is advised for those considering purchasing the stock.
FA Score (Fundamental Analysis):
The fundamental analysis of Godaddy Inc. stock is “Bullish” with a FA score of 7.5 out of 10, where 0 is very bearish and 10 is very bullish.
