Godaddy Inc (GDDY) is expecting 12.93% growth in the next quarter: What can investors do to maximize their returns?

A new trading day began on Tuesday, with Godaddy Inc (NYSE: GDDY) stock price down -0.70% from the previous day of trading, before settling in for the closing price of $164.07. GDDY’s price has ranged from $71.15 to $167.65 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 9.82% over the last five years. Meanwhile, its annual earnings per share averaged -29.91%. With a float of $140.13 million, this company’s outstanding shares have now reached $142.05 million.

The firm has a total of 6159 workers. Let’s measure their productivity. In terms of profitability, gross margin is 58.97%, operating margin of 17.74%, and the pretax margin is 13.49%.

Godaddy Inc (GDDY) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Godaddy Inc is 0.60%, while institutional ownership is 99.72%. The most recent insider transaction that took place on Oct 15 ’24, was worth 164,160. Before that another transaction happened on Oct 01 ’24, when Company’s Chief Financial Officer sold 5,500 for $155.60, making the entire transaction worth $855,800. This insider now owns 93,102 shares in total.

Godaddy Inc (GDDY) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -29.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.00% during the next five years compared to 84.46% growth over the previous five years of trading.

Godaddy Inc (NYSE: GDDY) Trading Performance Indicators

Here are Godaddy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.23. Likewise, its price to free cash flow for the trailing twelve months is 19.96.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.50, a number that is poised to hit 1.23 in the next quarter and is forecasted to reach 6.62 in one year’s time.

Technical Analysis of Godaddy Inc (GDDY)

Analysing the last 5-days average volume posted by the [Godaddy Inc, GDDY], we can find that recorded value of 0.9 million was lower than the volume posted last year of 1.5 million. As of the previous 9 days, the stock’s Stochastic %D was 91.15%. Additionally, its Average True Range was 2.82.

During the past 100 days, Godaddy Inc’s (GDDY) raw stochastic average was set at 85.18%, which indicates a significant increase from 84.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.90% in the past 14 days, which was lower than the 24.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $158.31, while its 200-day Moving Average is $133.68. Now, the first resistance to watch is $164.41. This is followed by the second major resistance level at $165.89. The third major resistance level sits at $166.85. If the price goes on to break the first support level at $161.97, it is likely to go to the next support level at $161.01. Should the price break the second support level, the third support level stands at $159.53.

Godaddy Inc (NYSE: GDDY) Key Stats

With a market capitalization of 22.97 billion, the company has a total of 142,688K Shares Outstanding. Currently, annual sales are 4,254 M while annual income is 1,375 M. The company’s previous quarter sales were 1,125 M while its latest quarter income was 146,300 K.