About Ferrari N.V. (NYSE: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
- Symbol: NYSE:RACE
- CUSIP: N/A
- Web: www.ferrari.com
Capitalization:- Market Cap: $21.71871 billion
- Outstanding Shares: 188,953,000
Average Prices:- 50 Day Moving Avg: $112.79
- 200 Day Moving Avg: $95.40
- 52 Week Range: $50.39 - $118.10
P/E:- Trailing P/E Ratio: 37.51
- Foreward P/E Ratio: 33.47
- P/E Growth: 2.28
Sales & Book Value:- Annual Revenue: $4.04 billion
- Price / Sales: 5.46
- Book Value: $3.24 per share
- Price / Book: 36.05
Dividend:- Annual Dividend: $0.68
- Dividend Yield: 0.6%
Profitability:- EBITDA: $1.09 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: 777,856 shs.
- Beta: 1.71
- Short Ratio: 4.2
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. Investors 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 N.V.'s Dividend History.
How were Ferrari N.V.'s earnings last quarter?
Ferrari N.V. (NYSE:RACE) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.13. The business earned $1.01 billion during the quarter. Ferrari N.V. had a net margin of 14.43% and a return on equity of 128.49%. View Ferrari N.V.'s Earnings History.
When will Ferrari N.V. make its next earnings announcement?
Where is Ferrari N.V.'s stock going? Where will Ferrari N.V.'s stock price be in 2017?
8 brokerages have issued 12-month price objectives for Ferrari N.V.'s shares. Their predictions 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 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. " (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 N.V.'s key competitors?
Some companies that are related to Ferrari N.V. include Denso Corp. (DNZOY), Nissan Motor Co Ltd (NSANY), Cummins (CMI), Fiat Chrysler Automobiles N.V. (FCAU), Fuji Heavy Industries (FUJHY), Delphi Automotive PLC (DLPH), MICHELIN (CGDE) (MGDDY), PACCAR (PCAR), Tata Motors Ltd (TTM), Magna International (MGA), Valeo S.A. (VLEEY), Genuine Parts Company (GPC), Lear Corporation (LEA), LKQ Corporation (LKQ), Autoliv (ALV), BorgWarner (BWA), The Goodyear Tire & Rubber Company (GT) and Wabco Holdings (WBC).
How do I buy Ferrari N.V. stock?
Shares of Ferrari N.V. 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 N.V.'s stock price today?
One share of Ferrari N.V. stock can currently be purchased for approximately $116.81.
MarketBeat Community Rating for Ferrari N.V. (NYSE RACE)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.
Consensus Ratings for Ferrari N.V. (NYSE:RACE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 3 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.38) |
| Consensus Price Target: | $106.40 (8.91% downside) |
Consensus Price Target History for Ferrari N.V. (NYSE:RACE)
Analysts' Ratings History for Ferrari N.V. (NYSE:RACE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/13/2017 | Goldman Sachs Group, Inc. (The) | Initiated Coverage | Neutral -> Neutral | $131.00 | Low |  |
| 9/7/2017 | Morgan Stanley | Downgrade | Overweight -> Underweight | $100.00 | High | |
| 9/1/2017 | Evercore ISI | Boost Price Target | In -> In-Line | $46.00 -> $105.00 | Medium | |
| 8/14/2017 | Berenberg Bank | Reiterated Rating | Buy | | Low | |
| 6/16/2017 | Bank of America Corporation | Reiterated Rating | Buy | $90.00 -> $100.00 | Low | |
| 5/15/2017 | Kepler Capital Markets | Reiterated Rating | Hold | | N/A | |
| 5/6/2017 | Jefferies Group LLC | Set Price Target | Buy | $74.00 -> $96.00 | Low | |
| 3/23/2017 | Citigroup Inc. | Upgrade | Neutral -> Buy | | Low | |
| 10/13/2016 | Societe Generale | Initiated Coverage | Sell | $45.00 | N/A | |
| 4/19/2016 | J P Morgan Chase & Co | Reiterated Rating | Neutral | $46.00 -> $51.00 | N/A | |
| 2/18/2016 | Banca Akros | Initiated Coverage | Buy | | N/A | |
| 1/20/2016 | Barclays PLC | Initiated Coverage | Hold | | N/A | |
| 11/16/2015 | Mediobanca SpA | Initiated Coverage | Outperform | $64.00 | N/A | |
| 11/16/2015 | BNP Paribas | Initiated Coverage | Underperform | $46.00 | N/A | |
(Data available from 10/17/2015 forward)
Earnings History for Ferrari N.V. (NYSE:RACE)Earnings History by Quarter for Ferrari N.V. (NYSE RACE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | $0.77 | | | | | N/A | |
| 8/2/2017 | 6/30/2017 | $0.66 | $0.79 | | $1.01 billion | View | Listen | |
| 11/7/2016 | Q316 | $0.53 | $0.59 | $826.93 million | $783.00 million | View | Listen | |
| 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 | |
| 10/28/2015 | Q315 | | $0.56 | | $804.27 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ferrari N.V. (NYSE:RACE)Current Year EPS Consensus Estimate: $3.08 EPS
Next Year EPS Consensus Estimate: $3.49 EPS
Current Dividend Information for Ferrari N.V. (NYSE:RACE)| Most Recent Dividend: | 5/2/2017 |
| Annual Dividend: | $0.68 |
| Dividend Yield: | 0.58% |
| 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 History by Quarter for Ferrari N.V. (NYSE RACE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/1/2017 | Annual | $0.67 | | 4/24/2017 | 4/26/2017 | 5/2/2017 |
| 2/19/2016 | Annual | $0.51 | | 5/23/2016 | 5/24/2016 | 5/30/2016 |
(Data available from 1/1/2013 forward)
Insider Trading History for Ferrari N.V. (NYSE:RACE)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ferrari N.V. (NYSE:RACE)
Latest Headlines for Ferrari N.V. (NYSE:RACE)
| Source: |
|
| Date | Headline |
|---|
 | As the Rich Get Richer, Exotic Carmakers Are Winning
finance.yahoo.com - October 16 at 5:46 AM |
 | Why Ferrari Will Continue To Surprise Many Analysts - Ferrari N.V. ... - Seeking Alpha
seekingalpha.com - October 13 at 8:34 AM |
| FERRARI to announce Third Quarter 2017 financial results on November 2
finance.yahoo.com - October 12 at 8:44 AM |
| Ferrari CEO Marchionne Explains Why the Supercar Maker's Stock Has Exploded
finance.yahoo.com - October 11 at 6:57 AM |
| Ferrari CEO: Wall Street Loves That We Have Created an Exclusive Supercar Club
finance.yahoo.com - October 11 at 6:57 AM |
 | Sergio Marchionne Thinks Electric Cars May Not Be A Solution For Pollution - Benzinga
www.benzinga.com - October 10 at 5:53 AM |
| Brand is finally getting its place in the marketplace: Fe...
finance.yahoo.com - October 10 at 5:53 AM |
| Ferrari N.V. Celebrates 70th Anniversary
finance.yahoo.com - October 10 at 5:53 AM |
 | Marchionne Stokes Ferrari SUV Interest, Rules Out Jeep Sale - Bloomberg
www.bloomberg.com - October 9 at 4:09 PM |
 | Ferrari CEO says electric cars may not be as clean as they seem
www.cnbc.com - October 9 at 12:55 PM |
| Aston Martin hires Ferrari's 'key guys' to challenge 488 GTB
finance.yahoo.com - October 8 at 8:12 PM |
 | Ferrari N.V. (RACE) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 7 at 12:38 PM |
| Ferrari: Is This A Stock To Own? - Seeking Alpha
seekingalpha.com - October 6 at 5:41 AM |
| Wall Street doesn't understand Ferrari's business
finance.yahoo.com - October 6 at 5:41 AM |
| Ferrari may go all electric one day, whether fans want it to or not
www.cnbc.com - October 5 at 3:51 PM |
| Valuation Multiples of the Top 5 Rated Auto Stocks
finance.yahoo.com - October 3 at 11:25 AM |
 | RACE Crosses Above Average Analyst Target - Nasdaq
www.nasdaq.com - September 29 at 11:57 AM |
| The World's Most Valuable Brands In 2017: Apple, Google, Coca-Cola And More - Benzinga
www.benzinga.com - September 25 at 3:31 PM |
 | Auto Makers Stocks on Investors' Radar -- SORL Auto Parts, Ferrari, Honda Motor, and Tata Motors
www.prnewswire.com - September 20 at 8:09 AM |
| Tesla Model 3 Waiting List Is Insane Just Like These Other Hot Cars
finance.yahoo.com - September 20 at 8:09 AM |
 | Ferrari tweet causes a storm
www.msn.com - September 19 at 6:58 AM |
| Why You Shouldn't Bet Against Ferrari (RACE) Stock - Nasdaq
www.nasdaq.com - September 15 at 3:25 PM |
| Exxon Mobil, Ferrari, General Motors, Vista Outdoors: Fast Money Picks For September 15 - Benzinga
www.benzinga.com - September 15 at 3:25 PM |
| Why You Shouldn't Bet Against Ferrari (RACE) Stock
finance.yahoo.com - September 15 at 3:25 PM |
| The Ferrari IPO is causing major headaches for other carmakers
finance.yahoo.com - September 15 at 3:25 PM |
 | Why You Shouldn't Bet Against Ferrari (RACE) Stock
www.zacks.com - September 15 at 8:02 AM |
| Ferrari Is No Longer a Company That Makes $400,000 Cars, Goldman Sachs Thinks
finance.yahoo.com - September 15 at 8:02 AM |
| Ferrari N.V. (RACE) Earns Neutral Rating from Analysts at Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - September 13 at 5:30 PM |
| Ferrari Stock’s Price Corrects in Early September
finance.yahoo.com - September 13 at 3:30 PM |
| Ferrari, Lamborghini say no plans yet to develop all-electric cars
finance.yahoo.com - September 13 at 8:13 AM |
| Two 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 |
| Ferrari N.V. (RACE) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 12 at 12:48 PM |
| Ferrari Bets Racetrack Wins Will Lead to Showroom Sales
finance.yahoo.com - September 12 at 9:01 AM |
| Ferrari's Entry-Level Portofino Confronts $2.5 Million Mercedes
www.bloomberg.com - September 12 at 8:41 AM |
| Ferrari N.V. (RACE) Stock Rating Lowered by Morgan Stanley
www.americanbankingnews.com - September 10 at 9:04 AM |
 | Ferrari Just Got Run Over by Wall Street - TheStreet - TheStreet.com
www.thestreet.com - September 9 at 7:44 AM |
| Hybrid Hypercar, Tiny Electric Concepts Headline Frankfurt Motor Show
finance.yahoo.com - September 8 at 7:31 AM |
| MORGAN STANLEY ON FERRARI: 'It's time for a pit stop'
finance.yahoo.com - September 8 at 7:30 AM |
| Why Ferrari’s Stock Price Has Doubled in the Last 8 Months
finance.yahoo.com - September 7 at 8:07 AM |
| Ferrari Just Got Run Over By Wall Street
finance.yahoo.com - September 7 at 8:07 AM |
| Hamilton wins at Monza, takes Formula One lead from Vettel
finance.yahoo.com - September 5 at 5:25 PM |
| Volkswagen Is Deaf to Ferrari's Roar
finance.yahoo.com - September 5 at 5:25 PM |
| Why Ferrari Stock is Trading Much Higher Than Analysts’ Target
finance.yahoo.com - September 5 at 5:26 AM |
| FERRARI: Scuderia Ferrari renews its partnership with Philip Morris International
www.nasdaq.com - September 4 at 6:10 AM |
| Watch team build life-size Ferrari F1 car from Lego bricks
finance.yahoo.com - September 3 at 6:07 AM |
| Evercore ISI Raises Ferrari N.V. (RACE) Price Target to $105.00
www.americanbankingnews.com - September 1 at 11:08 AM |
| Can Ferrari (RACE) Run Higher on Strong Earnings Estimate Revisions?
www.zacks.com - August 31 at 9:13 AM |
| Toyota (TM) Forms a Group to Enhance In-Car User Experiences
finance.yahoo.com - August 30 at 8:22 AM |
 | Fiat Chrysler Could Spin-Off Maserati, Alfa Romeo, Jeep, Ram Or Auto Parts Unit - Forbes
www.forbes.com - August 29 at 7:02 AM |
| Vettel sticks with Ferrari for three more years in 'a no-brainer' move
finance.yahoo.com - August 28 at 5:55 AM |
Ferrari N.V. (RACE) Chart for Tuesday, October, 17, 2017
