GoDaddy Inc. (GDDY) Reaches $74.79 High on Jun, 18; AK Steel Holding (AKS) Shorts Increased By 9.96%

June 18, 2018 - By reb123z

GoDaddy Inc. (NYSE:GDDY) Logo

AK Steel Holding Corporation (NYSE:AKS) had an increase of 9.96% in short interest. AKS’s SI was 84.83 million shares in June as released by FINRA. Its up 9.96% from 77.15M shares previously. With 16.53M avg volume, 5 days are for AK Steel Holding Corporation (NYSE:AKS)’s short sellers to cover AKS’s short positions. The SI to AK Steel Holding Corporation’s float is 27.25%. The stock increased 0.75% or $0.03 during the last trading session, reaching $4.7. About 5.14 million shares traded. AK Steel Holding Corporation (NYSE:AKS) has declined 24.75% since June 18, 2017 and is downtrending. It has underperformed by 37.32% the S&P500. Some Historical AKS News: ; 13/03/2018 – AK STEEL HOLDING CORP – NEW AGREEMENT WILL BE EFFECTIVE UNTIL MARCH 15, 2020; 30/04/2018 – AK Steel: Remain Optimistic About 2018; 01/05/2018 – AK STEEL: NEED RETROACTIVE STEPS AFTER IMPORT SURGE BEFORE LEVY; 24/04/2018 – GM Recognizes AK Steel for Performance, Quality, and Innovation; 12/04/2018 – AK Steel Chief Executive Officer Roger Newport Testifies in Support of the Administration’s Actions on Section 232; 30/04/2018 – AK STEEL SAYS AUTOMOTIVE MARKET REMAINS HEALTHY; 12/04/2018 – AK Steel Chief Executive Officer Roger Newport Testifies in Support of the Administration’s Actions on Section 232; 03/05/2018 – AK Steel Research and Innovation Employees Receive Prestigious Award for Work on Third Generation Advanced High Strength Steel; 16/05/2018 – AK Steel Closes Above 50-Day Moving Average: Technicals; 30/04/2018 – AK Steel: Expect Automotive, Other Key End-Use Markets to Remain Strong in 2018

The stock of GoDaddy Inc. (NYSE:GDDY) reached all time high today, Jun, 18 and still has $78.53 target or 5.00% above today’s $74.79 share price. This indicates more upside for the $12.78B company. This technical setup was reported by Barchart.com. If the $78.53 PT is reached, the company will be worth $638.85 million more. The stock increased 1.96% or $1.44 during the last trading session, reaching $74.79. About 1.22 million shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 71.44% since June 18, 2017 and is uptrending. It has outperformed by 58.87% the S&P500. Some Historical GDDY News: ; 08/05/2018 – GODADDY INC GDDY.N : RBC RAISES TARGET PRICE TO $77 FROM $69; 15/05/2018 – Cubist Adds GoDaddy, Exits Deere, Buys More Agilent: 13F; 08/05/2018 – Web hosting firm GoDaddy’s quarterly revenue jumps 29 percent; 09/05/2018 – GODADDY INC GDDY.N : JP MORGAN RAISES TARGET PRICE TO $67 FROM $60; 09/05/2018 – GODADDY INC GDDY.N : MORGAN STANLEY RAISES TARGET PRICE TO $72; RATING OVERWEIGHT; 20/05/2018 – GODADDY REPORTS PROPOSED SHR SALE BY SELLING STOCKHOLDERS; 28/03/2018 – GoDaddy Goes All-In on AWS; 08/05/2018 – GODADDY BOOSTS YR REV. FORECAST; 08/05/2018 – GODADDY 1Q EPS 2C, EST. 2C; 08/05/2018 – GODADDY INC – FOR FULL YEAR 2018, GODADDY IS RAISING ITS UNLEVERED FREE CASH OUTLOOK TO $615 MLN TO $625 MLN

Among 25 analysts covering GoDaddy Inc (NYSE:GDDY), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. GoDaddy Inc has $8400 highest and $31 lowest target. $58.83’s average target is -21.34% below currents $74.79 stock price. GoDaddy Inc had 75 analyst reports since August 6, 2015 according to SRatingsIntel. As per Thursday, October 22, the company rating was initiated by UBS. Oppenheimer maintained the stock with “Buy” rating in Tuesday, June 20 report. Summit Redstone initiated the shares of GDDY in report on Monday, October 3 with “Buy” rating. The company was maintained on Monday, May 7 by Jefferies. The stock of GoDaddy Inc. (NYSE:GDDY) earned “Buy” rating by Barclays Capital on Friday, August 7. The rating was maintained by Oppenheimer on Thursday, April 5 with “Buy”. Morgan Stanley maintained the stock with “Overweight” rating in Tuesday, January 30 report. The firm has “Overweight” rating given on Wednesday, May 9 by Morgan Stanley. As per Friday, February 23, the company rating was maintained by JMP Securities. Deutsche Bank maintained the shares of GDDY in report on Thursday, August 6 with “Buy” rating.

Analysts await GoDaddy Inc. (NYSE:GDDY) to report earnings on August, 14. They expect $0.07 EPS, down 46.15% or $0.06 from last year’s $0.13 per share. GDDY’s profit will be $11.96 million for 267.11 P/E if the $0.07 EPS becomes a reality. After $0.02 actual EPS reported by GoDaddy Inc. for the previous quarter, Wall Street now forecasts 250.00% EPS growth.

GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company has market cap of $12.78 billion. It provides domain name registration product that enables to engage clients at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security. It has a 103.3 P/E ratio. The firm also offers Website builder, an online tool that enables clients to build Websites; online store product that allows clients to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps clients get their Websites found on search sites through search engine optimization.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels and tubular products in the United States and internationally. The company has market cap of $1.48 billion. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; specialty stainless and electrical steels in sheet and strip forms; and carbon and stainless steel that is finished into welded steel tubing. It currently has negative earnings. The firm also buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania.

Since May 8, 2018, it had 0 buys, and 2 sales for $101,488 activity. On Thursday, May 31 GERBER WILLIAM K sold $55,776 worth of AK Steel Holding Corporation (NYSE:AKS) or 12,000 shares. $45,712 worth of AK Steel Holding Corporation (NYSE:AKS) shares were sold by THOMSON JAMES A.

Among 21 analysts covering AK Steel Holding Corporation (NYSE:AKS), 8 have Buy rating, 3 Sell and 10 Hold. Therefore 38% are positive. AK Steel Holding Corporation had 91 analyst reports since July 29, 2015 according to SRatingsIntel. As per Friday, October 28, the company rating was upgraded by Jefferies. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Hold” rating by BB&T Capital on Thursday, September 10. Bank of America upgraded AK Steel Holding Corporation (NYSE:AKS) on Wednesday, October 26 to “Buy” rating. Jefferies maintained the stock with “Hold” rating in Thursday, September 15 report. The firm has “Outperform” rating given on Wednesday, April 27 by Macquarie Research. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Buy” rating by Longbow on Monday, June 19. On Monday, September 19 the stock rating was upgraded by KeyBanc Capital Markets to “Sector Weight”. On Wednesday, March 9 the stock rating was maintained by Nomura with “Neutral”. The firm earned “Market Perform” rating on Thursday, April 27 by Cowen & Co. The stock has “Sell” rating by Citigroup on Thursday, January 19.

More recent AK Steel Holding Corporation (NYSE:AKS) news were published by: Seekingalpha.com which released: “AK Steel -2% as Goldman cuts to Sell with $4 price target” on May 30, 2018. Also 247Wallst.com published the news titled: “5 Stocks Rated Buy Under $10 With Massive Upside Potential” on June 16, 2018. Seekingalpha.com‘s news article titled: “AT&T Is A Buy – Cramer’s Lightning Round (6/6/18)” with publication date: June 07, 2018 was also an interesting one.

AK Steel Holding Corporation (NYSE:AKS) Institutional Positions Chart

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