Tag Archives: NYSEGDDY

I disagree with the Hold rating that Seeking Alpha’s quantitative assessment algorithm gave GoDaddy, Inc. (NYSE:GDDY). The decades-long survival of GoDaddy in the web hosting business is prima facie evidence of its tenacity and brilliancy. The TTM revenue CAGR of GDDY is 12.70%. Seeking Alpha’s Hold rating for GDDY is largely because of its growth grade of D+.

Seeking Alpha authors have a consensus hold rating for GoDaddy Inc. My dissenting opinion is that GDDY deserves a buy recommendation. This article will show that GoDaddy has other redeeming qualities. Other authors and the AI of Seeking Alpha’s quantitative platform are unhappy with GoDaddy because of that 12.70% TTM revenue CAGR.

The 10-year average CAGR of GoDaddy is 16.03%….

Investment Thesis

Due to its unfavorable product ratings in comparison to rivals, I believe that GoDaddy (NYSE:GDDY) might struggle with the increasing competition. Furthermore, GoDaddy’s price to gross profit value multiple is nearly equivalent to those of Wix and Squarespace, while they have substantially stronger sales growth. For these reasons, I am recommending a “sell” for GoDaddy.

Introducing GoDaddy

GoDaddy, Inc. is a cloud-based solution provider that assists people, corporations, and organizations in establishing an online presence, connecting with clients, and managing their endeavors.

The company offers apps as well as access to third-party products and platforms. It provides a number of solutions, including domains, hosting and presence,…

GoDaddy (NYSE:GDDY – Get Rating) and IonQ (NYSE:IONQ – Get Rating) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, valuation, profitability and risk.

Earnings & Valuation

This table compares GoDaddy and IonQ’s gross revenue, earnings per share and valuation.

GoDaddy has higher revenue and earnings than IonQ.

Analyst Ratings

This is a breakdown of recent ratings and…

Wall Street brokerages predict that GoDaddy Inc. (NYSE:GDDY) will post $970.53 million in sales for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for GoDaddy’s earnings. The highest sales estimate is $973.60 million and the lowest is $968.27 million. GoDaddy reported sales of $873.90 million in the same quarter last year, which indicates a positive year-over-year growth rate of 11.1%. The firm is expected to issue its next earnings results on Thursday, February 10th.

On average, analysts expect that GoDaddy will report full year sales of $3.77 billion for the current financial year, with estimates ranging from $3.76 billion to $3.77 billion. For the next financial year, analysts expect that the company will post sales of $4.16…