Ferrari N.V. Stock Price, News & Analysis (NYSE:RACE)

$109.17 -0.85 (-0.77 %)
(As of 11/18/2017 07:32 AM ET)
Previous Close$109.17
Today's Range$109.88 - $108.87
52-Week Range$52.72 - $121.14
Volume342,472 shs
Average Volume582,369 shs
Market Capitalization$20.62811 billion
P/E Ratio35.33
Dividend Yield0.62%
Beta1.72

About Ferrari N.V. (NYSE:RACE)

Ferrari N.V. 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:
  • Industry: Auto Manufacturers - Major
  • Sub-Industry: N/A
  • Sector: Auto/Tires/Trucks
  • Symbol: NYSE:RACE
  • CUSIP: N/A
  • Web: www.ferrari.com
Debt:
  • Debt-to-Equity Ratio: 2.77%
  • Current Ratio: 3.26%
  • Quick Ratio: 2.68%
Price-To-Earnings:
  • Trailing P/E Ratio: 35.33
  • Forward P/E Ratio: 37.13
  • P/E Growth: 2.56
Sales & Book Value:
  • Annual Sales: $3.437 billion
  • Price / Sales: 6.00
  • Cash Flow: $3.94 per share
  • Price / Cash: 27.70
  • Book Value: $4.04 per share
  • Price / Book: 27.02
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 0.6%
Profitability:
  • Trailing EPS: $2.99
  • Net Income: $441.27 million
  • Net Margins: 15.06%
  • Return on Equity: 106.38%
  • Return on Assets: 13.30%
Misc:
  • Employees: 3,248
  • Outstanding Shares: 188,950,000
 

Frequently Asked Questions for Ferrari N.V. (NYSE:RACE)

What is Ferrari N.V.'s stock symbol?

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

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

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

How were Ferrari N.V.'s earnings last quarter?

Ferrari N.V. (NYSE:RACE) posted its quarterly earnings data 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 company had revenue of $675 million for the quarter, compared to analyst estimates of $648.56 million. Ferrari N.V. had a return on equity of 106.38% and a net margin of 15.06%. The firm's revenue was up 8.7% compared to the same quarter last year. View Ferrari N.V.'s Earnings History.

When will Ferrari N.V. make its next earnings announcement?

Ferrari N.V. is scheduled to release their next quarterly earnings announcement on Thursday, February, 1st 2018. View Earnings Estimates for Ferrari N.V..

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

8 Wall Street analysts have issued 12-month target prices for Ferrari N.V.'s stock. Their forecasts range from $96.00 to $131.00. On average, they anticipate Ferrari N.V.'s share price to reach $106.40 in the next twelve months. View Analyst Ratings for Ferrari N.V..

What are Wall Street analysts saying about Ferrari N.V. stock?

Here are some recent quotes from research analysts about Ferrari N.V. 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. " (11/8/2017)
  • 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 N.V.'s key competitors?

Who owns Ferrari N.V. stock?

Ferrari N.V.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (8.08%), AKO Capital LLP (2.22%), WCM Investment Management CA (0.52%), JPMorgan Chase & Co. (0.48%), Bank of New York Mellon Corp (0.44%) and Wells Fargo & Company MN (0.34%). View Institutional Ownership Trends for Ferrari N.V..

Who sold Ferrari N.V. stock? Who is selling Ferrari N.V. stock?

Ferrari N.V.'s stock was sold by a variety of institutional investors in the last quarter, including AKO Capital LLP, JPMorgan Chase & Co., Victory Capital Management Inc., Baillie Gifford & Co., Mckinley Capital Management LLC Delaware, Magnetar Financial LLC, SG Americas Securities LLC and Cubist Systematic Strategies LLC. View Insider Buying and Selling for Ferrari N.V..

Who bought Ferrari N.V. stock? Who is buying Ferrari N.V. stock?

Ferrari N.V.'s stock was acquired by a variety of institutional investors in the last quarter, including WCM Investment Management CA, Wells Fargo & Company MN, Ardevora Asset Management LLP, Crestwood Capital Management L.P., Allianz Asset Management GmbH, Sei Investments Co., Westpac Banking Corp and Assetmark Inc.. View Insider Buying and Selling for Ferrari N.V..

How do I buy Ferrari N.V. stock?

Shares of Ferrari N.V. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ferrari N.V.'s stock price today?

One share of Ferrari N.V. stock can currently be purchased for approximately $109.17.

How big of a company is Ferrari N.V.?

Ferrari N.V. has a market capitalization of $20.62811 billion and generates $3.437 billion in revenue each year. The company earns $441.27 million in net income (profit) each year or $2.99 on an earnings per share basis. Ferrari N.V. employs 3,248 workers across the globe.

How can I contact Ferrari N.V.?

Ferrari N.V.'s mailing address is VIA ABETONE INFERIORE N. 4, MARANELLO L6, I-41053. The company can be reached via phone at 00390536949111.


MarketBeat Community Rating for Ferrari N.V. (NYSE RACE)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  395
MarketBeat's community ratings are surveys of what our community members think about Ferrari N.V. 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

Analysts' Consensus Rating for Ferrari N.V. (NYSE:RACE)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $106.40 (2.54% downside)

Consensus Price Target History for Ferrari N.V. (NYSE:RACE)

Price Target History for Ferrari N.V. (NYSE:RACE)

Analysts' Ratings History for Ferrari N.V. (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
(Data available from 11/19/2015 forward)

Earnings

Earnings History and Estimates Chart for Ferrari N.V. (NYSE:RACE)

Earnings by Quarter for Ferrari N.V. (NYSE:RACE)

Earnings History by Quarter for Ferrari N.V. (NYSE RACE)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/31/2018N/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 N.V. (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.94 EPS
Next Year EPS Consensus Estimate: $3.34 EPS

Dividends

Current Dividend Information for Ferrari N.V. (NYSE:RACE)

Most Recent Dividend:5/2/2017
Annual Dividend:$0.68
Dividend Yield:0.62%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:22.74% (Trailing 12 Months of Earnings)
23.13% (Based on This Year's Estimates)
20.36% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ferrari N.V. (NYSE:RACE)

Dividend History by Quarter for Ferrari N.V. (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 N.V. (NYSE RACE)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Ferrari N.V. (NYSE RACE)

Source:
DateHeadline
Why It Has Been So Hard to Win the Spinoff TradeWhy It Has Been So Hard to Win the Spinoff Trade
www.wsj.com - November 17 at 11:36 AM
Teslas Transformers-Like Semi Truck Must Terrify Billionaire Warren BuffetTesla's Transformers-Like Semi Truck Must Terrify Billionaire Warren Buffet
finance.yahoo.com - November 17 at 8:08 AM
FERRARI: Settlement of Notes offeringFERRARI: Settlement of Notes offering
finance.yahoo.com - November 16 at 9:48 AM
Ferrari won't quit F1, says Christian HornerFerrari won't quit F1, says Christian Horner
finance.yahoo.com - November 14 at 7:12 AM
You can own this Ferrari go-kart for $30,000You can own this Ferrari go-kart for $30,000
finance.yahoo.com - November 12 at 12:06 PM
What Analysts Recommend for Ferrari Stock after 3Q17 ResultsWhat Analysts Recommend for Ferrari Stock after 3Q17 Results
finance.yahoo.com - November 9 at 12:10 PM
Ferrari NV breached its 50 day moving average in a Bearish Manner : RACE-US : November 9, 2017Ferrari NV breached its 50 day moving average in a Bearish Manner : RACE-US : November 9, 2017
finance.yahoo.com - November 9 at 12:10 PM
Could Ferrari Stock Accelerate after Its Solid 3Q17 Results?Could Ferrari Stock Accelerate after Its Solid 3Q17 Results?
finance.yahoo.com - November 9 at 12:10 PM
Ferrari N.V. (RACE) Rating Lowered to Sell at Zacks Investment ResearchFerrari N.V. (RACE) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - November 8 at 9:43 AM
Ferrari: When Records Arent Good Enough - Seeking AlphaFerrari: When Records Aren't Good Enough - Seeking Alpha
seekingalpha.com - November 7 at 9:21 AM
How Ferrari Performed in Its Home Market in 3Q17How Ferrari Performed in Its Home Market in 3Q17
finance.yahoo.com - November 7 at 9:21 AM
Ferrari’s Shipments to the UK and Asia Strengthened in 3Q17Ferrari’s Shipments to the UK and Asia Strengthened in 3Q17
finance.yahoo.com - November 7 at 9:21 AM
These Factors Helped Ferrari Expand Its 3Q17 Profit MarginsThese Factors Helped Ferrari Expand Its 3Q17 Profit Margins
finance.yahoo.com - November 7 at 9:21 AM
This Turbocharged Gran Turismo Is the Gateway Drug to Ferrari LifestyleThis Turbocharged Gran Turismo Is the Gateway Drug to Ferrari Lifestyle
finance.yahoo.com - November 7 at 9:21 AM
Edited Transcript of RACE earnings conference call or presentation 2-Nov-17 3:00pm GMTEdited Transcript of RACE earnings conference call or presentation 2-Nov-17 3:00pm GMT
finance.yahoo.com - November 7 at 9:21 AM
What Does Ferrari’s Raised 2017 Guidance Mean for Investors?What Does Ferrari’s Raised 2017 Guidance Mean for Investors?
finance.yahoo.com - November 7 at 9:21 AM
How Do Ferrari’s Valuation Multiples Look after 3Q17 Results?How Do Ferrari’s Valuation Multiples Look after 3Q17 Results?
finance.yahoo.com - November 7 at 9:21 AM
Ferraris (RACE) Q3 Earnings Beat Estimate, Up Y/Y - NasdaqFerrari's (RACE) Q3 Earnings Beat Estimate, Up Y/Y - Nasdaq
www.nasdaq.com - November 4 at 10:10 AM
Ferrari N.V. (RACE) Posts  Earnings Results, Misses Estimates By $0.03 EPSFerrari N.V. (RACE) Posts Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - November 2 at 10:40 PM
Ferrari Profit Jumps 17% on Big Sales of V-12 CarsFerrari Profit Jumps 17% on Big Sales of V-12 Cars
www.fool.com - November 2 at 3:25 PM
[$$] The Ferrari files: how one mans obsession saved racing car history[$$] The Ferrari files: how one man's obsession saved racing car history
finance.yahoo.com - November 2 at 8:12 AM
Ferrari Raises 2017 Profit Target on Limited-Edition CarsFerrari Raises 2017 Profit Target on Limited-Edition Cars
finance.yahoo.com - November 2 at 8:12 AM
Ferrari disappoints on Q3 results, modest guidance liftFerrari disappoints on Q3 results, modest guidance lift
finance.yahoo.com - November 2 at 8:12 AM
Ferrari raises forecasts after record third-quarter earningsFerrari raises forecasts after record third-quarter earnings
finance.yahoo.com - November 2 at 8:12 AM
Ferrari Raises Earnings, Revenue Views After Tesla's Big FlopFerrari Raises Earnings, Revenue Views After Tesla's Big Flop
finance.yahoo.com - November 2 at 8:12 AM
Ferrari N.V. (RACE) Receives Consensus Recommendation of "Buy" from AnalystsFerrari N.V. (RACE) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - November 1 at 12:21 PM
Could Ferrari’s Profit Margins Continue to Improve in 3Q17?Could Ferrari’s Profit Margins Continue to Improve in 3Q17?
finance.yahoo.com - November 1 at 7:57 AM
Lamborghinis Huracan successor will be a hybridLamborghini's Huracan successor will be a hybrid
finance.yahoo.com - November 1 at 7:57 AM
Stocks Rise, Show No Fear On Halloween; 2 Global Brands Break OutStocks Rise, Show No Fear On Halloween; 2 Global Brands Break Out
finance.yahoo.com - November 1 at 7:57 AM
Whats in Store for Ferrari (RACE) This Earnings Season? - NasdaqWhat's in Store for Ferrari (RACE) This Earnings Season? - Nasdaq
www.nasdaq.com - November 1 at 7:57 AM
What Analysts Predict for Ferrari’s 3Q17 EarningsWhat Analysts Predict for Ferrari’s 3Q17 Earnings
finance.yahoo.com - October 31 at 8:25 AM
How Analysts Rate Ferrari Stock ahead of 3Q17 ResultsHow Analysts Rate Ferrari Stock ahead of 3Q17 Results
finance.yahoo.com - October 31 at 8:25 AM
These Factors Could Drive Ferrari’s Revenues Higher in 3Q17These Factors Could Drive Ferrari’s Revenues Higher in 3Q17
finance.yahoo.com - October 31 at 8:25 AM
The Seven Most Fun Cars to Take on a Ski TripThe Seven Most Fun Cars to Take on a Ski Trip
finance.yahoo.com - October 28 at 4:07 PM
Ferrari NV (RACE): What Are The Future Prospects?Ferrari NV (RACE): What Are The Future Prospects?
finance.yahoo.com - October 28 at 4:07 PM
What Factors Could Drive GM’s Valuation Multiples in 4Q17?What Factors Could Drive GM’s Valuation Multiples in 4Q17?
finance.yahoo.com - October 27 at 12:57 PM
Ferrari N.V. (RACE) Set to Announce Earnings on ThursdayFerrari N.V. (RACE) Set to Announce Earnings on Thursday
www.americanbankingnews.com - October 26 at 2:14 AM
Pre-Market Technical Recap on Auto Makers Stocks -- General Motors, Honda Motor, Ferrari, and Tata Motors - PR Newswire (press release)Pre-Market Technical Recap on Auto Makers Stocks -- General Motors, Honda Motor, Ferrari, and Tata Motors - PR Newswire (press release)
www.prnewswire.com - October 25 at 9:38 AM
Pre-Market Technical Recap on Auto Makers Stocks -- General Motors, Honda Motor, Ferrari, and Tata MotorsPre-Market Technical Recap on Auto Makers Stocks -- General Motors, Honda Motor, Ferrari, and Tata Motors
www.bizjournals.com - October 25 at 9:38 AM
Motor racing - Hamilton set to finish the job in MexicoMotor racing - Hamilton set to finish the job in Mexico
finance.yahoo.com - October 25 at 9:38 AM
Ferrari N.V. (RACE) Upgraded at TheStreetFerrari N.V. (RACE) Upgraded at TheStreet
www.americanbankingnews.com - October 24 at 3:32 PM
Ferrari N.V. (RACE) Expected to Post Earnings of $0.72 Per ShareFerrari N.V. (RACE) Expected to Post Earnings of $0.72 Per Share
www.americanbankingnews.com - October 22 at 2:06 PM
The Race Between Tesla Inc Stock and Ferrari NV Stock Isnt Close - Investorplace.comThe Race Between Tesla Inc Stock and Ferrari NV Stock Isn't Close - Investorplace.com
www.investorplace.com - October 22 at 6:09 AM
The Race Between Tesla Inc and Ferrari Isnt Close - Investorplace.comThe Race Between Tesla Inc and Ferrari Isn't Close - Investorplace.com
investorplace.com - October 21 at 8:32 AM
The Race Between Tesla Inc Stock and Ferrari NV Stock Isn’t CloseThe Race Between Tesla Inc Stock and Ferrari NV Stock Isn’t Close
investorplace.com - October 20 at 11:19 AM
BorgWarner's (BWA) Advance R2S Technology Raises PerformanceBorgWarner's (BWA) Advance R2S Technology Raises Performance
finance.yahoo.com - October 19 at 3:28 PM
Genuine Parts (GPC) Q3 Earnings Lag Estimates, Revenues BeatGenuine Parts (GPC) Q3 Earnings Lag Estimates, Revenues Beat
finance.yahoo.com - October 19 at 3:28 PM
BorgWarners (BWA) Advance R2S Technology Raises PerformanceBorgWarner's (BWA) Advance R2S Technology Raises Performance
www.zacks.com - October 19 at 7:58 AM
BorgWarners (BWA) Advance R2S Technology Raises PerformanceBorgWarner's (BWA) Advance R2S Technology Raises Performance
www.zacks.com - October 19 at 7:58 AM
Understanding HOG’s Valuation Multiples before 3Q17 EarningsUnderstanding HOG’s Valuation Multiples before 3Q17 Earnings
finance.yahoo.com - October 17 at 4:27 PM

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Financials

Financials are not available for this stock.

Chart

Ferrari N.V. (NYSE RACE) Chart for Sunday, November, 19, 2017
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This page was last updated on 11/19/2017 by MarketBeat.com Staff

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