GDDY

GoDaddy Inc

TMT


Presented:11/09/2016
Price:$32.44
Cap:$3.14B
Current Price:$162.92
Cap:$22.97B

Presented

Date11/09/2016
Price$32.44
Market Cap$3.14B
Ent Value$3.26B
P/E RatioN/A
Book Value$5.83
Div Yield0%
Shares O/S96.74M
Ave Daily Vol877,200
Short Int13.92%

Current

Price$162.92
Market Cap$22.97B
GoDaddy, Inc. engages in the provision of domain name registration and web hosting services. Its products and services include domain name registration, web hosting and storage, Marketing tools, Email tools and professional services. The company was founded by Bob Parsons on January 1997 and is headquartered in Scottsdale, AZ.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Endurance International Group Holdings Inc (EIGI), GoDaddy Inc (GDDY), Web.com Group Inc (WEB), Wix.Com Ltd (WIX)

Highlights

The presenter is bullish on shares of GoDaddy (GDDY) after spending a substantial amount of time searching for evidence that would make it a good short. He analyzed the competitive landscape (Endurance, Wix, Web.com, and others) and thinks the stumbles by Web.com and Endurance over the last six months have opened the door for GoDaddy to strengthen its position in the market. Recent acquisitions and initiatives that provide incremental products/ services to small and midsize businesses (SMBs) should provide upside too. While he is not yet long GDDY, he thinks the low-$30s may represent an attractive entry point for the following reasons:

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Idea Discussion

Commentor 1 - 2 weeks ago

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