About Ferrari (RACE)
Ferrari 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
- Exchange: NYSE
- Symbol: RACE
- CUSIP: N/A
- Previous Close: $67.09
- 50 Day Moving Average: $65.90
- 200 Day Moving Average: $57.54
- 52-Week Range: $38.71 - $69.50
- Trailing P/E Ratio: 30.34
- Foreward P/E Ratio: 25.35
- P/E Growth: 1.44
- Market Cap: $12.88B
- Outstanding Shares: 188,943,000
- Beta: 1.79
- Net Margins: 12.88%
- Return on Equity: 286.55%
- Return on Assets: 9.92%
- Debt-to-Equity Ratio: 9.41%
- Current Ratio: 3.15%
- Quick Ratio: 2.76%
Companies Related to Ferrari:
Earnings History for Ferrari (NYSE:RACE)Earnings History by Quarter for Ferrari (NYSE:RACE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/2/2016||Q116||$0.30||$0.41||$648.56 million||$675.00 million||View||Listen|
|2/2/2016||Q415||$0.35||$0.28||$746.55 million||$744.00 million||View||Listen|
Earnings Estimates for Ferrari (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.62 EPS
Next Year EPS Consensus Estimate: $2.69 EPS
Current Dividend Information for Ferrari (NYSE:RACE)
|Most Recent Dividend:||5/30/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||22.32% (Trailing 12 Months of Earnings) |
19.85% (Based on This Year's Estimates)
19.33% (Based on Next Year's Estimates)
Dividend History by Quarter for Ferrari (NYSE:RACE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Ferrari (NYSE:RACE)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ferrari (NYSE:RACE)
Latest Headlines for Ferrari (NYSE:RACE)
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 were Ferrari's earnings last quarter?
Ferrari (NYSE:RACE) announced its earnings results on Monday, May, 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.11. The business had revenue of $675 million for the quarter, compared to analyst estimates of $648.56 million. Ferrari had a return on equity of 286.55% and a net margin of 12.88%. The firm's revenue was up 8.7% on a year-over-year basis.
Where is Ferrari's stock going? Where will Ferrari's stock price be in 2017?
6 brokerages have issued 1 year price targets for Ferrari's shares. Their forecasts range from $45.00 to $56.00. On average, they anticipate Ferrari's stock price to reach $50.67 in the next twelve months.
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.
How much does a share of Ferrari stock cost?
One share of Ferrari stock can currently be purchased for approximately $68.18.
Ferrari (RACE) Chart for Thursday, March, 23, 2017