GoDaddy (NYSE:GDDY) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

GoDaddy (NYSE:GDDY) issued its quarterly earnings data on Thursday. The technology company reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.43 by ($0.01), Zacks reports. GoDaddy had a return on equity of 267.29% and a net margin of 41.74%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.18 billion. GoDaddy updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

GoDaddy Stock Down 14.1 %

NYSE:GDDY traded down $29.96 on Friday, hitting $182.58. The stock had a trading volume of 4,395,394 shares, compared to its average volume of 1,094,305. The company has a debt-to-equity ratio of 10.61, a quick ratio of 0.56 and a current ratio of 0.56. The stock has a market cap of $25.63 billion, a P/E ratio of 14.11 and a beta of 1.15. GoDaddy has a 1 year low of $108.02 and a 1 year high of $216.00. The firm’s fifty day simple moving average is $204.20 and its two-hundred day simple moving average is $179.81.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Citigroup boosted their price objective on shares of GoDaddy from $240.00 to $251.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. StockNews.com cut shares of GoDaddy from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 8th. B. Riley upped their price target on shares of GoDaddy from $220.00 to $225.00 and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group upped their price target on shares of GoDaddy from $170.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Finally, Raymond James upped their price target on shares of GoDaddy from $185.00 to $230.00 and gave the company a “strong-buy” rating in a research report on Tuesday, January 21st. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, GoDaddy presently has an average rating of “Moderate Buy” and an average target price of $213.20.

Insider Buying and Selling at GoDaddy

In related news, CAO Phontip Palitwanon sold 770 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $196.64, for a total value of $151,412.80. Following the completion of the transaction, the chief accounting officer now directly owns 23,059 shares of the company’s stock, valued at approximately $4,534,321.76. This trade represents a 3.23 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Mark Mccaffrey sold 5,500 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $199.01, for a total transaction of $1,094,555.00. Following the completion of the transaction, the chief financial officer now directly owns 84,300 shares of the company’s stock, valued at approximately $16,776,543. This trade represents a 6.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,482 shares of company stock worth $4,709,650. Insiders own 0.61% of the company’s stock.

GoDaddy Company Profile

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.