For its second fiscal quarter (ending June 30), GoDaddy Inc (NYSE: GDDY) has reported E.P.S. of $1.04 compared to $0.54 a year ago. For the latest four quarters through June 30, E.P.S. were $12.64 versus $2.09 for the same period a year ago.
Recent Price Action
On 8/1/24, GoDaddy Inc (NYSE: GDDY) stock declined by -2.8%, closing at $141.41. NORMAL trading volume accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GDDY is expected to continue to be a major Value Builder.
GoDaddy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. GoDaddy has a very high Power Rating of 87 and a very high Appreciation Score of 92, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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