Ferrari Company Profile (NYSE:RACE)

About Ferrari (NYSE:RACE)

Ferrari logoFerrari NV, known as New Business Netherlands NV, is an Italy-based company, incorporated in the Netherlands, that is engaged in designing, manufacturing and selling sports cars under the Ferrari brand. Its products include nine sports car models, including seven sports cars: 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A; as well as two grand tourer (GT) cars: California T and FF. In addition, the Company produces a limited edition supercar, LaFerrari, and limited series and one-off cars. It licenses its Ferrari brand to various produces and retailers of goods. The Company divides its regional markets in EMEA (Europe, the Middle East, India and Africa), Americas, Greater China and Rest of APAC (Asia-Pacific region, excluding Greater China). The Company is active in over 60 markets worldwide through a network of 182 authorized dealers operating 204 points of sale. The Company operates as a subsidiary of Fiat Chrysler Automobiles NV.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Auto Manufacturers - Major
  • Sub-Industry: N/A
  • Symbol: NYSE:RACE
  • CUSIP: N/A
  • Web: www.ferrari.com
Capitalization:
  • Market Cap: $20.79109 billion
  • Outstanding Shares: 188,953,000
Average Prices:
  • 50 Day Moving Avg: $111.44
  • 200 Day Moving Avg: $89.26
  • 52 Week Range: $46.39 - $118.10
P/E:
  • Trailing P/E Ratio: 36.82
  • Foreward P/E Ratio: 32.19
  • P/E Growth: 2.11
Sales & Book Value:
  • Annual Revenue: $3.94 billion
  • Price / Sales: 5.39
  • Book Value: $3.16 per share
  • Price / Book: 35.55
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 0.6%
Profitability:
  • EBIDTA: $1.06 billion
  • Net Margins: 14.43%
  • Return on Equity: 128.49%
  • Return on Assets: 12.46%
Debt:
  • Debt-to-Equity Ratio: 3.41%
  • Current Ratio: 2.96%
  • Quick Ratio: 2.38%
Misc:
  • Average Volume: 787,916 shs.
  • Beta: 1.78
  • Short Ratio: 4.2
 

Frequently Asked Questions for Ferrari (NYSE:RACE)

What is Ferrari's stock symbol?

Ferrari trades on the New York Stock Exchange (NYSE) under the ticker symbol "RACE."

How often does Ferrari pay dividends? What is the dividend yield for Ferrari?

Ferrari declared an annual dividend on Wednesday, March 1st. Stockholders of record on Wednesday, April 26th will be given a dividend of $0.6712 per share on Tuesday, May 2nd. The ex-dividend date of this dividend is Monday, April 24th. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.13. The company had revenue of $1.01 billion for the quarter. Ferrari had a net margin of 14.43% and a return on equity of 128.49%. View Ferrari's Earnings History.

When will Ferrari make its next earnings announcement?

Ferrari is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Ferrari.

Where is Ferrari's stock going? Where will Ferrari's stock price be in 2017?

9 equities research analysts have issued twelve-month target prices for Ferrari's shares. Their predictions range from $45.00 to $131.00. On average, they anticipate Ferrari's share price to reach $96.17 in the next twelve months. View Analyst Ratings for Ferrari.

What are analysts saying about Ferrari stock?

Here are some recent quotes from research analysts about Ferrari stock:

  • 1. According to Zacks Investment Research, "Ferrari N.V. is engaged in designing, manufacturing and selling sports cars. Its products include sports car models consists of 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A as well as two grand tourer (GT) cars: California T and FF. The Company also produces a limited edition supercar, LaFerrari and limited series and one-off cars. It operates primarily in Europe, the Middle East, India, Africa, Americas, Greater China and Rest of Asia-Pacific region. Ferrari N.V. is headquartered in Maranello, Italy. " (7/22/2017)
  • 2. Jefferies Group LLC analysts commented, "We initiate coverage with a BUY rating and '70/$74PT. Ferrari should grow EPS at twice the pace of revenue in the coming 5 years given mix trends and latent operating leverage. We also think capital intensity is misunderstood and that returns already exceed the best in luxury goods. The investment case is not without risks, from F1 to diversification, but these also offer meaningful upside." (3/13/2017)

Who are some of Ferrari's key competitors?

Who owns Ferrari stock?

Ferrari's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (8.23%), AKO Capital LLP (2.56%), Vanguard Group Inc. (1.66%), JPMorgan Chase & Co. (0.66%), Bank of Italy (0.51%) and Bank of New York Mellon Corp (0.43%). View Institutional Ownership Trends for Ferrari.

Who sold Ferrari stock? Who is selling Ferrari stock?

Ferrari's stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Arrowstreet Capital Limited Partnership, AKO Capital LLP, JPMorgan Chase & Co., Capital Research Global Investors, Goldman Sachs Group Inc., CNH Partners LLC and Permian Investment Partners LP. View Insider Buying and Selling for Ferrari.

Who bought Ferrari stock? Who is buying Ferrari stock?

Ferrari's stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital Growth Management LP, Victory Capital Management Inc., Mckinley Capital Management LLC Delaware, Koch Industries Inc., FMR LLC, Conatus Capital Management LP and AXA. View Insider Buying and Selling for Ferrari.

How do I buy Ferrari stock?

Shares of Ferrari can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ferrari's stock price today?

One share of Ferrari stock can currently be purchased for approximately $112.33.


MarketBeat Community Rating for Ferrari (NYSE RACE)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  353
MarketBeat's community ratings are surveys of what our community members think about Ferrari and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ferrari (NYSE:RACE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $96.17 (14.39% downside)

Analysts' Ratings History for Ferrari (NYSE:RACE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/13/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral -> Neutral$131.00LowView Rating Details
9/7/2017Morgan StanleyDowngradeOverweight -> Underweight$100.00HighView Rating Details
9/1/2017Evercore ISIBoost Price TargetIn -> In-Line$46.00 -> $105.00MediumView Rating Details
8/14/2017Berenberg BankReiterated RatingBuyLowView Rating Details
6/16/2017Bank of America CorporationReiterated RatingBuy$90.00 -> $100.00LowView Rating Details
5/15/2017Kepler Capital MarketsReiterated RatingHoldN/AView Rating Details
5/6/2017Jefferies Group LLCSet Price TargetBuy$74.00 -> $96.00LowView Rating Details
3/23/2017Citigroup Inc.UpgradeNeutral -> BuyLowView Rating Details
10/13/2016Societe GeneraleInitiated CoverageSell$45.00N/AView Rating Details
4/19/2016J P Morgan Chase & CoReiterated RatingNeutral$46.00 -> $51.00N/AView Rating Details
2/18/2016Banca AkrosInitiated CoverageBuyN/AView Rating Details
1/20/2016Barclays PLCInitiated CoverageHoldN/AView Rating Details
11/16/2015Mediobanca SpAInitiated CoverageOutperform$64.00N/AView Rating Details
11/16/2015BNP ParibasInitiated CoverageUnderperform$46.00N/AView Rating Details
(Data available from 9/19/2015 forward)

Earnings

Earnings History for Ferrari (NYSE:RACE)
Earnings by Quarter for Ferrari (NYSE:RACE)
Earnings History by Quarter for Ferrari (NYSE RACE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.77N/AView Earnings Details
8/2/20176/30/2017$0.66$0.79$1.01 billionViewListenView Earnings Details
11/7/2016Q316$0.53$0.59$826.93 million$783.00 millionViewListenView Earnings Details
5/2/2016Q116$0.30$0.41$648.56 million$675.00 millionViewListenView Earnings Details
2/2/2016Q415$0.35$0.28$746.55 million$744.00 millionViewListenView Earnings Details
10/28/2015Q315$0.56$804.27 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ferrari (NYSE:RACE)
Current Year EPS Consensus Estimate: $3.08 EPS
Next Year EPS Consensus Estimate: $3.49 EPS

Dividends

Current Dividend Information for Ferrari (NYSE:RACE)
Most Recent Dividend:5/2/2017
Annual Dividend:$0.68
Dividend Yield:0.61%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:24.46% (Trailing 12 Months of Earnings)
22.08% (Based on This Year's Estimates)
19.48% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ferrari (NYSE:RACE)

Dividend History by Quarter for Ferrari (NYSE RACE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017Annual$0.674/24/20174/26/20175/2/2017
2/19/2016Annual$0.515/23/20165/24/20165/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ferrari (NYSE:RACE)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Ferrari (NYSE:RACE)
Latest Headlines for Ferrari (NYSE:RACE)
Source:
DateHeadline
msn.com logoFerrari tweet causes a storm
www.msn.com - September 19 at 6:58 AM
nasdaq.com logoWhy You Shouldn't Bet Against Ferrari (RACE) Stock - Nasdaq
www.nasdaq.com - September 15 at 3:25 PM
benzinga.com logoExxon Mobil, Ferrari, General Motors, Vista Outdoors: Fast Money Picks For September 15 - Benzinga
www.benzinga.com - September 15 at 3:25 PM
finance.yahoo.com logoWhy You Shouldn't Bet Against Ferrari (RACE) Stock
finance.yahoo.com - September 15 at 3:25 PM
finance.yahoo.com logoThe Ferrari IPO is causing major headaches for other carmakers
finance.yahoo.com - September 15 at 3:25 PM
zacks.com logoWhy You Shouldn't Bet Against Ferrari (RACE) Stock
www.zacks.com - September 15 at 8:02 AM
finance.yahoo.com logoFerrari Is No Longer a Company That Makes $400,000 Cars, Goldman Sachs Thinks
finance.yahoo.com - September 15 at 8:02 AM
americanbankingnews.com logoFerrari N.V. (RACE) Earns Neutral Rating from Analysts at Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - September 13 at 5:30 PM
finance.yahoo.com logoFerrari Stock’s Price Corrects in Early September
finance.yahoo.com - September 13 at 3:30 PM
finance.yahoo.com logoFerrari, Lamborghini say no plans yet to develop all-electric cars
finance.yahoo.com - September 13 at 8:13 AM
finance.yahoo.com logoTwo of the best new cars at the Frankfurt Motor Show are throwbacks to another way of life
finance.yahoo.com - September 13 at 8:13 AM
americanbankingnews.com logoFerrari N.V. (RACE) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 12 at 12:48 PM
finance.yahoo.com logoFerrari Bets Racetrack Wins Will Lead to Showroom Sales
finance.yahoo.com - September 12 at 9:01 AM
bloomberg.com logoFerrari's Entry-Level Portofino Confronts $2.5 Million Mercedes
www.bloomberg.com - September 12 at 8:41 AM
americanbankingnews.com logoFerrari N.V. (RACE) Stock Rating Lowered by Morgan Stanley
www.americanbankingnews.com - September 10 at 9:04 AM
thestreet.com logoFerrari Just Got Run Over by Wall Street - TheStreet - TheStreet.com
www.thestreet.com - September 9 at 7:44 AM
finance.yahoo.com logoHybrid Hypercar, Tiny Electric Concepts Headline Frankfurt Motor Show
finance.yahoo.com - September 8 at 7:31 AM
finance.yahoo.com logoMORGAN STANLEY ON FERRARI: 'It's time for a pit stop'
finance.yahoo.com - September 8 at 7:30 AM
finance.yahoo.com logoWhy Ferrari’s Stock Price Has Doubled in the Last 8 Months
finance.yahoo.com - September 7 at 8:07 AM
finance.yahoo.com logoFerrari Just Got Run Over By Wall Street
finance.yahoo.com - September 7 at 8:07 AM
finance.yahoo.com logoHamilton wins at Monza, takes Formula One lead from Vettel
finance.yahoo.com - September 5 at 5:25 PM
finance.yahoo.com logoVolkswagen Is Deaf to Ferrari's Roar
finance.yahoo.com - September 5 at 5:25 PM
finance.yahoo.com logoWhy Ferrari Stock is Trading Much Higher Than Analysts’ Target
finance.yahoo.com - September 5 at 5:26 AM
nasdaq.com logoFERRARI: Scuderia Ferrari renews its partnership with Philip Morris International
www.nasdaq.com - September 4 at 6:10 AM
finance.yahoo.com logoWatch team build life-size Ferrari F1 car from Lego bricks
finance.yahoo.com - September 3 at 6:07 AM
americanbankingnews.com logoEvercore ISI Raises Ferrari N.V. (RACE) Price Target to $105.00
www.americanbankingnews.com - September 1 at 11:08 AM
zacks.com logoCan Ferrari (RACE) Run Higher on Strong Earnings Estimate Revisions?
www.zacks.com - August 31 at 9:13 AM
finance.yahoo.com logoToyota (TM) Forms a Group to Enhance In-Car User Experiences
finance.yahoo.com - August 30 at 8:22 AM
forbes.com logoFiat Chrysler Could Spin-Off Maserati, Alfa Romeo, Jeep, Ram Or Auto Parts Unit - Forbes
www.forbes.com - August 29 at 7:02 AM
finance.yahoo.com logoVettel sticks with Ferrari for three more years in 'a no-brainer' move
finance.yahoo.com - August 28 at 5:55 AM
nasdaq.com logoFERRARI: Extension of the agreement between Scuderia Ferrari and Sebastian Vettel
www.nasdaq.com - August 26 at 8:44 AM
finance.yahoo.com logoOne-of-a-kind aluminum Ferrari Daytona barn find to be auctioned
finance.yahoo.com - August 26 at 8:44 AM
cnbc.com logoCan’t afford to buy a $3 million Ferrari Enzo? Lease one instead
www.cnbc.com - August 25 at 12:47 PM
finance.yahoo.com logoCopart (CPRT) Expands Conway-Prairie Grove Sites at Arkansas
finance.yahoo.com - August 25 at 10:35 AM
finance.yahoo.com logoKimi Raikkonen fastest in first Belgian Grand Prix practice
finance.yahoo.com - August 25 at 10:35 AM
finance.yahoo.com logoMeritor (MTOR) Well Placed on Business Wins, Investments
finance.yahoo.com - August 25 at 10:35 AM
finance.yahoo.com logo[$$] Aston Martin profits jump ahead of possible listing
finance.yahoo.com - August 25 at 10:35 AM
finance.yahoo.com logoFerrari has unleashed the new Portofino convertible — its most affordable sports car
finance.yahoo.com - August 24 at 11:37 AM
finance.yahoo.com logoFerrari’s Portofino Is the Entry-Level Sports Car of Your Dreams
finance.yahoo.com - August 24 at 11:37 AM
finance.yahoo.com logoFiat Chrysler Stock Rises On Hope For Maserati, Alfa Romeo Spinoffs
finance.yahoo.com - August 24 at 11:37 AM
finance.yahoo.com logoFerrari building one more LaFerrari Aperta for charity auction
finance.yahoo.com - August 24 at 11:37 AM
finance.yahoo.com logo[video]Fiat Chrysler Has a Rip Your Face Off Rally That Probably Isn't Over
finance.yahoo.com - August 24 at 11:37 AM
forbes.com logoGreat Wall Interest In FCA Cools, But Take-Over Action Still On The Cards - Forbes
www.forbes.com - August 23 at 10:40 AM
finance.yahoo.com logoFerrari unveils its new entry-level model: the Portofino
finance.yahoo.com - August 23 at 10:28 AM
finance.yahoo.com logoLewis Hamilton needs to step up in his 200th F1 race
finance.yahoo.com - August 23 at 10:28 AM
finance.yahoo.com logoFiat Chrysler is reportedly considering breaking itself up
finance.yahoo.com - August 23 at 10:28 AM
finance.yahoo.com logoThe Portofino: Ferrari's New Entry Level Beast
finance.yahoo.com - August 23 at 10:28 AM
cnbc.com logoFiat Chrysler's stock surges on report of Maserati spinoff, following successful Ferrari separation
www.cnbc.com - August 23 at 10:21 AM
finance.yahoo.com logoFerrari celebrates 70th anniversary on the 18th fairway at Pebble Beach
finance.yahoo.com - August 22 at 6:09 AM
finance.yahoo.com logo1929 Mercedes-Benz S Barker Tourer wins 2017 Pebble Beach Best of Show
finance.yahoo.com - August 21 at 4:39 AM

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Chart

Ferrari (RACE) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff