Despite GoDaddy's low industry PE ratio, the negative profit outlook implies uncertainty and risk. Investors should weigh the risks of negative growth prospects before deciding.
Raymond James analysts predict GenAI tech could boost cost efficiency and customer service for platforms. They foresee GoDaddy's use of Airo GenAI reducing adoption hurdles and increasing two plus product customers. Squarespace's payments uptake and Wix.com's Wix Studio launch are expected to create growth tailwinds.
Baird sees GoDaddy in early stages of significant evolution, well-positioned for growth. The firm also sees potential in GoDaddy's AI solution, Airo, and expects positive execution to drive shares higher.
Despite GoDaddy's earnings growth, caution is advised due to lack of insider buying and history of sales. CEO's recent share sale, around current price, adds to the concern.
Baird predicts GoDaddy will prioritize its AI offering, Airo. CEO Aman Bhutani highlights the transformative potential of generative AI for small businesses and the company's dedication to balancing growth and profitability for shareholder value.
GoDaddy's unusual items and tax benefits, likely one-off events, could significantly alter future profitability. Statutory profits may not reflect a harsh business view, but warning signs merit attention.
GoDaddy CEO Aman Bhutani expressed his excitement about Sine's appointment, highlighting his deep expertise and varied business experience. Sine also expressed his enthusiasm about joining GoDaddy and contributing to its mission of empowering entrepreneurs through its technology platform.
Starboard Value believes GoDaddy's stock is undervalued and suggests the company to continue buying back stock. Irenic Capital Management intends to discuss with Barnes Group a range of topics, including board composition, corporate structure, and strategies.
E-commerce software stocks are up 25.7% on average, despite inflation pressures. GoDaddy's slow growth is offset by strong cash flow, Shopify's gross margin improved significantly, while VeriSign and BigCommerce missed revenue estimates.
GoDaddy股票討論區
2015年上市,主要做域名、網站業務,2/3市場在美國,當前價格110.9。
5年來營收持續增長,平均增速12.9%,營業利潤2020年受其他稅費影響大幅虧損3.6億,平均增速22%,淨利潤2020年巨虧4.9億,平均增速20.5%。2022年利息費用佔營業利潤的28.3%,利息負擔極重。毛利率近5年從66.4%下滑到63.7%。
2023前3季度營收增長3.4%,營業利潤受費用降低影響增長了15.4%,淨利潤增長0.9%。
目前市盈率50.6,市盈率TTM48,和增速比依然沒有吸引力,尤其是增速主要來自費用降低,而非營收增長。
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