This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: GoDaddy Inc. (GDDY)
Earnings Release Date: 2/22/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
GoDaddy Inc. (GDDY) will be posting its FQ4-17 quarterly earnings results today at close. [GDDY] is expected to post earnings of $.09 per share on revenue of $593.47 Million. In the last quarter, the company reported $.04 earnings per share BELOW the analysts’ consensus estimate of $.08 The stock is currently trading at $55.88 per share.
Last 3 Quarters – “Jump Zone” Move: 4.53%, 6.61%, -3.32%
Consensus Estimates: ($.10 whisper) ($.09 estimize) ($ ($.09 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
OUR TRADE PLAN: SELL
ANALYSIS: market reaction to today’s news even with a potential beat. It may be a bit overbought and so any down moves may be filled. We do not have high confidence this will sustain, so will be in with a small trade allocation.see-saw market reaction… some up moves and some down moves. Overall though we see a more negative
We are SHORT for today’s event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
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