NYSE:RACE - Ferrari Stock Price, News, & Analysis

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$143.41 +1.87 (+1.32 %)
(As of 05/21/2019 11:31 AM ET)
Previous Close$141.54
Today's Range$142.00 - $143.43
52-Week Range$93.85 - $149.85
Volume127,904 shs
Average Volume428,492 shs
Market Capitalization$27.10 billion
P/E Ratio35.67
Dividend Yield0.62%
Beta1.53
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hypercars; Fuori series, one-off, and track cars; and Icona cars. It also provides non-registered racing cars; and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; and Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages race tracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2018, it had a total of 35 retail Ferrari stores, including 17 franchised stores and 18 owned stores. The company also sells its products through a network of 167 authorized dealers operating 190 points of sale worldwide, as well as through its Website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

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Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
CUSIPN/A
Phone39-05-3694-9111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.04 billion
Cash Flow$5.8775 per share
Book Value$8.90 per share

Profitability

Net Income$926.71 million

Miscellaneous

Employees3,851
Market Cap$27.10 billion
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

Ferrari (NYSE:RACE) Frequently Asked Questions

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 Thursday, February 28th. Stockholders of record on Wednesday, April 24th will be paid a dividend of $1.1677 per share on Thursday, May 2nd. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Tuesday, April 23rd. This is a boost from Ferrari's previous annual dividend of $0.88. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari NV (NYSE:RACE) issued its quarterly earnings results on Tuesday, May, 7th. The company reported $0.95 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.89 by $0.06. The firm had revenue of $940 million for the quarter, compared to analyst estimates of $868.32 million. Ferrari had a return on equity of 53.74% and a net margin of 23.17%. The company's revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 earnings per share. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Ferrari.

What guidance has Ferrari issued on next quarter's earnings?

Ferrari issued an update on its FY19 earnings guidance on Tuesday, May, 7th. The company provided EPS guidance of €3.50-3.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.60. The company issued revenue guidance of >€3.5 billion, compared to the consensus revenue estimate of $3.66 billion.Ferrari also updated its FY 2019 guidance to $3.92-4.14 EPS.

What price target have analysts set for RACE?

7 Wall Street analysts have issued 1 year target prices for Ferrari's stock. Their predictions range from $112.29 to $160.00. On average, they anticipate Ferrari's stock price to reach $140.0725 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferrari.

Has Ferrari been receiving favorable news coverage?

Media coverage about RACE stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ferrari earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days.

Who are some of Ferrari's key competitors?

What other stocks do shareholders of Ferrari own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferrari investors own include Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Ford Motor (F), Home Depot (HD), JPMorgan Chase & Co. (JPM), Visa (V), Boeing (BA), Paypal (PYPL) and Caterpillar (CAT).

Who are Ferrari's key executives?

Ferrari's management team includes the folowing people:
  • Mr. Louis C. Camilleri BA, CEO & Exec. Director (Age 64)
  • Mr. Antonio Picca Piccon, Chief Financial Officer
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 48)
  • Ms. Nicoletta Russo, Head of Investor Relations
  • Mr. Carlo Daneo, Gen. Counsel

Who are Ferrari's major shareholders?

Ferrari's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (7.48%), AKO Capital LLP (1.69%), Wellington Management Group LLP (1.40%), Amundi Pioneer Asset Management Inc. (1.25%), FMR LLC (0.54%) and Comgest Global Investors S.A.S. (0.53%).

Which major investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Hsbc Holdings PLC, Bank of Italy, Baillie Gifford & Co., Alatus Capital Ltd., SG Americas Securities LLC, Victory Capital Management Inc. and AQR Capital Management LLC.

Which major investors are buying Ferrari stock?

RACE stock was acquired by a variety of institutional investors in the last quarter, including Comgest Global Investors S.A.S., BlackRock Inc., GQG Partners LLC, Wellington Management Group LLP, AKO Capital LLP, Lombard Odier Asset Management USA Corp, GAM Holding AG and Stormborn Capital Management LLC.

How do I buy shares of Ferrari?

Shares of RACE 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's stock price today?

One share of RACE stock can currently be purchased for approximately $143.41.

How big of a company is Ferrari?

Ferrari has a market capitalization of $27.10 billion and generates $4.04 billion in revenue each year. The company earns $926.71 million in net income (profit) each year or $4.02 on an earnings per share basis. Ferrari employs 3,851 workers across the globe.

What is Ferrari's official website?

The official website for Ferrari is http://www.ferrari.com.

How can I contact Ferrari?

Ferrari's mailing address is VIA ABETONE INFERIORE N. 4, MARANELLO L6, I-41053. The company can be reached via phone at 39-05-3694-9111.


MarketBeat Community Rating for Ferrari (NYSE RACE)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  400 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  721
MarketBeat's community ratings are surveys of what our community members think about Ferrari and other stocks. Vote "Outperform" if you believe RACE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RACE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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