Godaddy Stock Beta
| GDDY Stock | USD 123.40 1.99 1.64% |
Godaddy fundamentals help investors to digest information that contributes to Godaddy's financial success or failures. It also enables traders to predict the movement of Godaddy Stock. The fundamental analysis module provides a way to measure Godaddy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Godaddy stock.
Godaddy | Beta |
Godaddy Company Beta Analysis
Godaddy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Godaddy Beta | 1.11 |
Most of Godaddy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Godaddy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Godaddy Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Godaddy is extremely important. It helps to project a fair market value of Godaddy Stock properly, considering its historical fundamentals such as Beta. Since Godaddy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Godaddy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Godaddy's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Godaddy has a Beta of 1.111. This is 4.81% higher than that of the IT Services sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Godaddy Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Godaddy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Godaddy could also be used in its relative valuation, which is a method of valuing Godaddy by comparing valuation metrics of similar companies.Godaddy is currently under evaluation in beta category among related companies.
Godaddy Institutional Holders
Institutional Holdings refers to the ownership stake in Godaddy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Godaddy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Godaddy's value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 1.8 M | Bank Of America Corp | 2023-12-31 | 1.7 M | Norges Bank | 2023-12-31 | 1.7 M | Jacobs Levy Equity Management, Inc. | 2023-09-30 | 1.7 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.4 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Neuberger Berman Group Llc | 2023-12-31 | 1.3 M | Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.1 M | Fmr Inc | 2023-12-31 | 1.1 M | Blackrock Inc | 2023-12-31 | 16.6 M | Vanguard Group Inc | 2023-12-31 | 14.4 M |
Godaddy returns are very sensitive to returns on the market. As the market goes up or down, Godaddy is expected to follow.
Godaddy Fundamentals
| Return On Equity | 0.68 | ||||
| Return On Asset | 0.0559 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 20.64 B | ||||
| Shares Outstanding | 142.48 M | ||||
| Shares Owned By Insiders | 0.45 % | ||||
| Shares Owned By Institutions | 91.76 % | ||||
| Number Of Shares Shorted | 2.43 M | ||||
| Price To Earning | 36.04 X | ||||
| Price To Book | 282.44 X | ||||
| Price To Sales | 4.13 X | ||||
| Revenue | 4.24 B | ||||
| Gross Profit | 2.61 B | ||||
| EBITDA | 805.3 M | ||||
| Net Income | 1.37 B | ||||
| Cash And Equivalents | 916.5 M | ||||
| Cash Per Share | 5.86 X | ||||
| Total Debt | 3.94 B | ||||
| Current Ratio | 0.63 X | ||||
| Book Value Per Share | 0.44 X | ||||
| Cash Flow From Operations | 1.05 B | ||||
| Short Ratio | 1.66 X | ||||
| Earnings Per Share | 9.08 X | ||||
| Price To Earnings To Growth | 1.10 X | ||||
| Target Price | 130.53 | ||||
| Number Of Employees | 6.16 K | ||||
| Beta | 1.11 | ||||
| Market Capitalization | 17.3 B | ||||
| Total Asset | 7.56 B | ||||
| Retained Earnings | (2.32 B) | ||||
| Working Capital | (1.43 B) | ||||
| Current Asset | 693.9 M | ||||
| Current Liabilities | 1.11 B | ||||
| Net Asset | 7.56 B |
About Godaddy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Godaddy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Godaddy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Godaddy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Godaddy Piotroski F Score and Godaddy Altman Z Score analysis. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Godaddy Stock analysis
When running Godaddy's price analysis, check to measure Godaddy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
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Is Godaddy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Godaddy. If investors know Godaddy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Godaddy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 11.863 | Earnings Share 9.08 | Revenue Per Share 28.687 | Quarterly Revenue Growth 0.058 | Return On Assets 0.0559 |
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Godaddy's market value can be influenced by many factors that don't directly affect Godaddy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.