Ferrari Company Profile (NYSE:RACE)

About Ferrari

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
  • Exchange: NYSE
  • Symbol: RACE
  • CUSIP:
Key Metrics:
  • Previous Close: $65.67
  • 50 Day Moving Average: $62.70
  • 200 Day Moving Average: $54.98
  • 52-Week Range: $37.92 - $66.74
  • Trailing P/E Ratio: 29.16
  • Foreward P/E Ratio: 25.55
  • P/E Growth: 1.50
  • Market Cap: $12.41B
  • Outstanding Shares: 188,923,000
  • Beta: 1.79
Profitability:
  • Net Margins: 12.88%
  • Return on Equity: 286.55%
  • Return on Assets: 9.92%
Debt:
  • Debt-to-Equity Ratio: 9.41%
  • Current Ratio: 3.15%
  • Quick Ratio: 2.76%
Additional Links:
Companies Related to Ferrari:

Analyst Ratings

Consensus Ratings for Ferrari (NYSE:RACE) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $50.67 (22.85% downside)

Analysts' Ratings History for Ferrari (NYSE:RACE)
Show:
DateFirmActionRatingPrice TargetDetails
11/22/2016Berenberg BankInitiated CoverageBuyView Rating Details
10/13/2016Societe GeneraleInitiated CoverageSell$45.00View Rating Details
8/17/2016Morgan StanleyBoost Price TargetOverweight$54.00 -> $56.00View Rating Details
4/19/2016J P Morgan Chase & CoReiterated RatingNeutral$46.00 -> $51.00View Rating Details
2/18/2016Banca AkrosInitiated CoverageBuyView Rating Details
2/5/2016Bank of America CorpReiterated RatingBuy$60.00 -> $56.00View Rating Details
1/20/2016Barclays PLCInitiated CoverageHoldView Rating Details
1/20/2016Citigroup Inc.Initiated CoverageNeutral$37.00View Rating Details
11/16/2015Mediobanca SpAInitiated CoverageOutperform$64.00View Rating Details
11/16/2015BNP ParibasInitiated CoverageUnderperform$46.00View Rating Details
11/16/2015Evercore ISIInitiated CoverageSell$40.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Ferrari (NYSE:RACE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ferrari (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.56 EPS
Next Year EPS Consensus Estimate: $2.57 EPS

Dividends

Current Dividend Information for Ferrari (NYSE:RACE)
Annual Dividend:$0.52
Dividend Yield:0.79%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:22.32% (Based on Trailing 12 Months of Earnings)
20.31% (Based on Current Year Consensus EPS Estimate)
20.23% (Based on Next Year Consensus EPS Estimate)

Dividend History for Ferrari (NYSE:RACE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Latest Headlines for Ferrari (NYSE:RACE)
DateHeadline
News IconMotor racing-Mercedes shrug off talk of Australia protest (NYSE:RACE)
www.dnaindia.com - February 24 at 12:35 AM
News IconFerrari (NYSE:RACE) Now Worth More Than Ever (NYSE:RACE)
www.livetradingnews.com - February 24 at 12:35 AM
News IconFerrari may protest Mercedes F1, Red Bull Racing suspension systems at Melbourne - Autoweek (NYSE:RACE)
autoweek.com - February 23 at 7:34 PM
News IconcardesigndrawingsFerrariHyperSupercarPatentrace - Live Trading News (NYSE:RACE)
www.livetradingnews.com - February 23 at 8:34 AM
finance.yahoo.com logoFERRARI and RAY-BAN STRENGTHEN THEIR COLLABORATION (NYSE:RACE)
finance.yahoo.com - February 23 at 8:34 AM
News IconThe Ferrari 812 Superfast Is the Most Powerful Prancing Horse Ever Produced (NYSE:RACE)
robbreport.com - February 23 at 12:38 AM
News IconMallya dreams big as Force India eye top three finish (NYSE:RACE)
timesofindia.indiatimes.com - February 23 at 12:38 AM
News IconHaas F1 Team gives us the sound of 2017 Ferrari (VIDEO) (NYSE:RACE)
motorsports.nbcsports.com - February 22 at 7:37 PM
News IconDear Ferrari, Please Stop Giving Childish Names to Your Supercars (NYSE:RACE)
www.topspeed.com - February 22 at 7:37 PM
seekingalpha.com logoFerrari: Galloping To New Heights In 2017 (NYSE:RACE)
seekingalpha.com - February 22 at 7:37 PM
News IconF1: Sebastian Vettel 'still believes' in winning drivers' title with Ferrari (NYSE:RACE)
uk.sports.yahoo.com - February 22 at 9:30 AM
News IconFerrari splits with reserve Vergne (NYSE:RACE)
www.grandprix.com - February 22 at 9:30 AM
News IconMcLaren F1 vs Ferrari F50 (NYSE:RACE)
www.exoticcarlist.com - February 22 at 9:30 AM
News IconAuto Manufacturers – Major: Ferrari N.V. (NYSE:RACE) Position of the day (NYSE:RACE)
twincountynews.com - February 22 at 9:30 AM
News IconThis Great Racing Photobomb Was From The Most Intense Le Mans Rivalry In Years (NYSE:RACE)
blackflag.jalopnik.com - February 21 at 5:24 PM
News IconThe history of Ferrari (NYSE:RACE)
www.telegraph.co.uk - February 21 at 5:24 PM
News IconiRacing – Ferrari 488 GTE Being Scanned (NYSE:RACE)
www.isrtv.com - February 21 at 5:24 PM
News IconFerrari LaFerrari And Porsche 918 Spyder Duel On Texas Drag Strip (NYSE:RACE)
www.carbuzz.com - February 21 at 5:24 PM
News IconRace-winning Ferrari 312 T3 up for sale (NYSE:RACE)
www.foxsports.com - February 21 at 5:24 PM
News IconThe most beautiful Ferrari? on view at the Royal Automobile Club, London (NYSE:RACE)
www.automobilsport.com - February 20 at 6:40 PM
News IconPorsche 918 Spyder Meets Ferrari LaFerrari At San Antonio Raceway (NYSE:RACE)
www.carscoops.com - February 20 at 6:40 PM
News IconFerrari duo Fittipaldi and Armstrong get Prema F4 seats (NYSE:RACE)
motorsport.com - February 20 at 6:40 PM
News IconMotor racing-Sauber aim for return to midfield with new F1 car (NYSE:RACE)
www.financialexpress.com - February 20 at 9:16 AM
News IconFirst look: Sauber unveils 2017 F1 car, the C36-Ferrari (NYSE:RACE)
autoweek.com - February 20 at 9:16 AM
News IconFerrari confirms Bruni’s exit, signs Pier Guidi to AF Corse WEC team (NYSE:RACE)
motorsports.nbcsports.com - February 20 at 9:16 AM
News IconFittipaldi signs for Ferrari! (NYSE:RACE)
en.f1i.com - February 20 at 9:16 AM
News IconLaFerrari vs. Porsche 918 Spyder Amateur Drag Race Shook the San Antonio Raceway (NYSE:RACE)
www.autoevolution.com - February 20 at 9:16 AM
News IconBruni out, Pier Guidi in for WEC Ferrari GT - Racer (NYSE:RACE)
www.racer.com - February 19 at 6:26 PM
News IconAlessandro Pier Guidi to replace Gianmaria Bruni in Ferrari WEC lineup (NYSE:RACE)
www.motorsportweek.com - February 19 at 9:15 AM
News IconFerrari confirms Bruni's departure, WEC seat taken by Pier Guidi (NYSE:RACE)
www.autosport.com - February 19 at 9:15 AM
News IconAutomobilista Development Update 2017 (NYSE:RACE)
www.isrtv.com - February 19 at 9:15 AM
News IconThe Story of the Legendary Ford GT40 (NYSE:RACE)
www.ba-bamail.com - February 19 at 9:15 AM
News IconWelcome Alessandro! – Pier Guidi joins Ferrari as official driver (NYSE:RACE)
races.ferrari.com - February 19 at 9:15 AM
News IconSay hello to the 812 Superfast — the fastest and most powerful Ferrari in history - Business Insider (NYSE:RACE)
www.businessinsider.com - February 18 at 6:32 PM
News IconDividend Growth of Ferrari NV(RACE) - Morning Outlook (NYSE:RACE)
www.morningoutlook.com - February 18 at 8:12 AM
cnbc.com logoFerrari just unveiled its most powerful production car ever (NYSE:RACE)
www.cnbc.com - February 18 at 8:12 AM
forbes.com logoFerrari's Most Powerful, Fastest Berlinetta Ever: The New 789 HP, 211 MPH 812 Superfast (NYSE:RACE)
www.forbes.com - February 18 at 5:02 AM
4-traders.com logoFerrari NV : Post Earnings Coverage as Ferrari's Revenue Accelerated 12%, Net Profit Zoomed 103% (NYSE:RACE)
www.4-traders.com - February 16 at 7:05 PM
finance.yahoo.com logoPost Earnings Coverage as Ferrari's Revenue Accelerated 12%, Net Profit Zoomed 103% (NYSE:RACE)
finance.yahoo.com - February 16 at 7:05 PM
us.rd.yahoo.com logoWhat Does Ferrari’s Strong 2017 Guidance Mean for Investors? (NYSE:RACE)
us.rd.yahoo.com - February 9 at 10:46 PM
us.rd.yahoo.com logoWhat Could Impact Ferrari’s Valuation Multiples in 1Q17? (NYSE:RACE)
us.rd.yahoo.com - February 9 at 10:46 PM
us.rd.yahoo.com logoWhy Did Ferrari’s Shipments to Asia-Pacific Rise Last Year? (NYSE:RACE)
us.rd.yahoo.com - February 9 at 2:56 AM
us.rd.yahoo.com logoKey Factors behind Ferrari’s Margin Expansion in 2016 (NYSE:RACE)
us.rd.yahoo.com - February 9 at 2:56 AM
News IconUBS Just Issued “Buy” Rating on Ferrari NV (RACE) - Highland Mirror (NYSE:RACE)
www.highlandmirror.com - February 7 at 10:31 PM
marketrealist.com logoDid Lower China Shipments Hurt Ferrari’s Revenues? (NYSE:RACE)
marketrealist.com - February 7 at 10:31 PM
marketrealist.com logoDid Ferrari’s Shipments to the Americas Rise in 4Q16? (NYSE:RACE)
marketrealist.com - February 7 at 10:31 PM
finance.yahoo.com logoFastest Car Ever from 0 to 60 mph: Tesla Model S P100D (NYSE:RACE)
finance.yahoo.com - February 7 at 10:31 PM
marketrealist.com logoAnalyzing Ferrari’s Performance Last Year in Its Home Market (NYSE:RACE)
marketrealist.com - February 6 at 8:51 AM
fool.com logoFerrari's Net Income Doubles on Cost Cuts and Pricing Gains - Motley Fool (NYSE:RACE)
www.fool.com - February 4 at 2:58 AM
News IconFerrari N.V. (NYSE:RACE) from Auto Manufacturers – Major – Todays Top Gains (NYSE:RACE)
twincountynews.com - February 3 at 9:56 PM

Social

What is Ferrari's stock symbol?

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

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

4 brokers have issued 1 year price objectives for Ferrari's stock. Their predictions range from $45.00 to $56.00. On average, they expect Ferrari's stock price to reach $50.67 in the next year.

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 $65.67.

Ferrari (NYSE:RACE) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ferrari (NYSE:RACE)

Earnings History Chart

Earnings by Quarter for Ferrari (NYSE:RACE)

Dividend History Chart

Dividend Payments by Quarter for Ferrari (NYSE:RACE)

Last Updated on 2/24/2017 by MarketBeat.com Staff