Looking at top Wall Street opinions, GoDaddy Inc. (NYSE: GDDY) has recently made its way into the research list of Citigroup – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of Citigroup, whereas its previous rating was Neutral in the eyes of Citigroup, as reported on Thursday, October 11th, 2018. Another heavy-hitting research note was published by Wedbush on Friday September 14th, 2018, with this firm Initiated GDDY to an updated rating of Neutral. In the past six months and three months of trading, shares of GoDaddy Inc. (GDDY) have moved by -9.53% and -13.85%, respectively.
Brokerage Updates Related to GoDaddy Inc. (GDDY) Stock
This publicly-traded organization generated losses of -1.46% over the last 5 sessions. Right now, this stock is the subject of 15 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 5 have given a rating of Buy or better. Based on the 15 stock market experts following this company, the average 12-month price target is $88.43. Moreover, individual price targets range between $85.00-$95.00. With its recent move to $90.00, we can see that these firms project this stock will loss by -15.77% in one year.
Updates from GoDaddy Inc. (GDDY) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.40% rise since the beginning of the calendar year. A Chief Accounting Officer at GoDaddy Inc. (GDDY) sold off some of its shares in a transaction that was finalized on Aug 02. Similarly, Kelly Nima sold 2,000 shares of the organization’s stock at $74.54 apiece and racked up $149,080 in earnings from the sale. Now, Kelly Nima holds 126,009 shares of the company following the exchange. A Chief Accounting Officer of the organization named Morrow Rebecca, was engaged in a transaction that occurred on Jul 24 that managed to be worth $28,762 from the sale of 384 common shares at a price of $74.90 per individual share.
GoDaddy Inc. (NYSE:GDDY) Results in the Pipeline
The next scheduled release of financial results for GoDaddy Inc. will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.10. In the same vein, they expect sales for the quarter to amount to $711.15 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $710.00 million in revenue alongside EPS at $0.07. On average, the analyst projection was calling for $695.80 million with $0.24 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $679.50 million, with earnings per share ending up at $0.08.
Tallgrass Energy, LP (NYSE:TGE) experienced a drop of -1.31% from the closing price in the previous trading day. That drove the price to $16.57 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,708,901 shares of stock – compared to the typical average of 1.23M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $23.79.
Pricing Indications for Tallgrass Energy, LP (TGE)
This organization has had a price-to-earnings ratio of 11.35 in the last year. Meanwhile, it gained 20.93 from its observable 50-day simple moving average. Right at this moment, the per-share value is -27.32% lower than the mean per-share price over the last 200 days in the market.
Tallgrass Energy, LP (NYSE:TGE) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 3 have a Buy rating, 0 have an outperform rating, while 10 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.60, based on information from Thomson Reuters.
TGE Stock Value Potential
In trading activity as of late, this stock’s value was 22.76 up from its 200 day moving average, while also -21.35% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $18.00-$27.00. The market value for the entire organization reached 4.62B. In the last trading session, the price ended the day at $16.79. The institutional holdings related to this organization account for 1.30%, and the Beta factor is now 0.70. This company’s RSI (Relative Strength Index) managed to hit 14.69.
Tallgrass Energy, LP (NYSE:TGE) Analyst Points of Focus
Tallgrass Energy, LP (TGE) has found itself inside of Piper Jaffray’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Neutral, by Piper Jaffray, as garnered from a news report on Wednesday July 17th, 2019. An additional helpful research note was sent out by Goldman’s on Wednesday April 3rd, 2019. The brokerage decided to downgrade TGE to Neutral from its previous rating of Buy.