Wall Street analysts expect Godaddy Inc (NYSE:GDDY) to post earnings per share (EPS) of $0.09 for the current quarter, Zacks Investment Research reports. Nine analysts have made estimates for Godaddy’s earnings. The lowest EPS estimate is $0.00 and the highest is $0.27. Godaddy reported earnings per share of $0.10 during the same quarter last year, which would suggest a negative year over year growth rate of 10%. The company is scheduled to announce its next quarterly earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Godaddy will report full-year earnings of $0.28 per share for the current fiscal year, with EPS estimates ranging from $0.15 to $0.35. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.50 per share, with EPS estimates ranging from $0.01 to $0.79. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Godaddy.

GDDY has been the subject of several recent research reports. Jefferies Group increased their target price on shares of Godaddy from $55.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, November 7th. B. Riley restated a “buy” rating and issued a $53.00 price objective on shares of Godaddy in a research report on Tuesday, December 5th. BidaskClub upgraded shares of Godaddy from a “hold” rating to a “buy” rating in a research report on Saturday, September 2nd. Oppenheimer restated a “buy” rating on shares of Godaddy in a research report on Monday, November 20th. Finally, TheStreet upgraded shares of Godaddy from a “c-” rating to a “b-” rating in a research report on Tuesday, November 7th. Six research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Godaddy currently has a consensus rating of “Buy” and an average price target of $50.15.

Shares of Godaddy (NYSE:GDDY) opened at $48.95 on Tuesday. Godaddy has a 12 month low of $34.27 and a 12 month high of $51.29. The firm has a market cap of $8,149.76, a PE ratio of 157.68, a PEG ratio of 8.69 and a beta of 0.65. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 5.15.

In other Godaddy news, CEO Blake Irving sold 37,500 shares of Godaddy stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $43.67, for a total value of $1,637,625.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rick Kimball sold 7,102,622 shares of Godaddy stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $47.12, for a total transaction of $334,675,548.64. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,865,146 shares of company stock valued at $370,079,384. Corporate insiders own 22.68% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in GDDY. Dimensional Fund Advisors LP grew its stake in Godaddy by 37.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 139,990 shares of the technology company’s stock worth $5,305,000 after acquiring an additional 38,370 shares during the period. Morgan Stanley boosted its holdings in shares of Godaddy by 101.2% in the 1st quarter. Morgan Stanley now owns 70,970 shares of the technology company’s stock valued at $2,690,000 after purchasing an additional 35,700 shares during the last quarter. Aperio Group LLC boosted its holdings in shares of Godaddy by 5.6% in the 2nd quarter. Aperio Group LLC now owns 6,993 shares of the technology company’s stock valued at $297,000 after purchasing an additional 373 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in shares of Godaddy by 66.8% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 2,462 shares of the technology company’s stock valued at $104,000 after purchasing an additional 986 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of Godaddy by 93.9% in the 2nd quarter. Great West Life Assurance Co. Can now owns 9,211 shares of the technology company’s stock valued at $390,000 after purchasing an additional 4,461 shares during the last quarter. 84.26% of the stock is owned by hedge funds and other institutional investors.

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Godaddy Company Profile

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.

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