Godaddy (GDDY) Given News Impact Score of 0.17

Headlines about Godaddy (NYSE:GDDY) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Godaddy earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 44.5620017635478 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern’s analysis:

A number of brokerages recently issued reports on GDDY. Zacks Investment Research cut Godaddy from a “hold” rating to a “sell” rating in a report on Thursday. Jefferies Group reiterated a “buy” rating and issued a $55.00 target price on shares of Godaddy in a report on Wednesday, September 20th. Oppenheimer reiterated a “buy” rating and issued a $53.00 target price (up from $50.00) on shares of Godaddy in a report on Tuesday, November 7th. TheStreet upgraded Godaddy from a “c-” rating to a “b-” rating in a research note on Tuesday, November 7th. Finally, Wedbush started coverage on Godaddy in a research note on Friday, December 8th. They set a “neutral” rating and a $52.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $50.43.

Shares of Godaddy (NYSE:GDDY) traded up $0.10 during trading hours on Thursday, reaching $51.23. The company’s stock had a trading volume of 844,173 shares, compared to its average volume of 1,500,000. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 5.15. Godaddy has a fifty-two week low of $34.58 and a fifty-two week high of $52.11. The company has a market cap of $8,520.00 and a PE ratio of 394.08.

Godaddy (NYSE:GDDY) last issued its quarterly earnings data on Monday, November 6th. The technology company reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. Godaddy had a return on equity of 7.89% and a net margin of 2.34%. equities research analysts forecast that Godaddy will post 0.28 earnings per share for the current year.

In other news, SVP Auguste Goldman sold 8,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $48.62, for a total transaction of $388,960.00. Following the completion of the sale, the senior vice president now directly owns 13,491 shares of the company’s stock, valued at approximately $655,932.42. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Nima Kelly sold 8,112 shares of the firm’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $46.00, for a total value of $373,152.00. Following the sale, the executive vice president now directly owns 37,046 shares of the company’s stock, valued at $1,704,116. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 7,852,345 shares of company stock valued at $371,099,712. Insiders own 22.68% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Godaddy (GDDY) Given News Impact Score of 0.17” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://ledgergazette.com/2018/01/19/godaddy-gddy-given-news-impact-score-of-0-17.html.

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.

Insider Buying and Selling by Quarter for Godaddy (NYSE:GDDY)

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