Ferrari NV Company Profile (NYSE:RACE)

About Ferrari NV

Ferrari NV 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: $48.53
  • 50 Day Moving Average: $44.93
  • 200 Day Moving Average: $42.32
  • Trailing P/E Ratio: 25.41
  • Foreward P/E Ratio: 20.31
  • P/E Growth: 1.07
  • Market Cap: $9.17B
  • Outstanding Shares: 188,923,000
Additional Links:
Companies Related to Ferrari NV:

Analyst Ratings

Consensus Ratings for Ferrari NV (NYSE:RACE) (?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $50.00 (3.03% upside)

Analysts' Ratings History for Ferrari NV (NYSE:RACE)
Show:
DateFirmActionRatingPrice TargetDetails
8/17/2016Morgan StanleyBoost Price TargetOverweight$54.00 -> $56.00View Rating Details
4/19/2016JPMorgan Chase & Co.Reiterated RatingNeutral$46.00 -> $51.00View Rating Details
2/18/2016Banca AkrosInitiated CoverageBuyView Rating Details
2/5/2016Bank of America Corp.Reiterated 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 8/24/2014 forward)

Earnings

Earnings History for Ferrari NV (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 NV (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.18 EPS
Next Year EPS Consensus Estimate: $2.39 EPS

Dividends

Current Dividend Information for Ferrari NV (NYSE:RACE)
Annual Dividend:$0.52
Dividend Yield:1.07%
Payout Ratio:27.37% (Based on Trailing 12 Months of Earnings)
23.85% (Based on Current Year Consensus EPS Estimate)
21.76% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

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

Headlines

Latest Headlines for Ferrari NV (NYSE:RACE)
DateHeadline
News IconTesla unveils a powerful new battery. Will more zoom make a difference? - Christian Science Monitor (NYSE:RACE)
www.csmonitor.com - August 24 at 12:37 PM
4-traders.com logoFerrari : Police make appeal as rare £400,000 Ferrari is stolen (NYSE:RACE)
www.4-traders.com - August 24 at 10:05 AM
forbes.com logoTesla's Innovations Are Transforming The Auto Industry - Forbes (NYSE:RACE)
www.forbes.com - August 24 at 9:43 AM
bloomberg.com logoHere's How the New Teslas Stack Up Against Bugatti, Lamborghini, and Ferrari - Bloomberg (NYSE:RACE)
www.bloomberg.com - August 24 at 3:55 AM
usatoday.com logoTesla makes its cars Ferrari-fast with super Ludicrous mode (NYSE:RACE)
rssfeeds.usatoday.com - August 23 at 5:43 PM
finance.yahoo.com logoFerrari newest car was inspired by two classics (NYSE:RACE)
finance.yahoo.com - August 23 at 4:25 PM
thestreet.com logo5 Hottest Supercars You Can't Have (NYSE:RACE)
www.thestreet.com - August 23 at 11:32 AM
News IconStock Trading Above Moving Averages: Ferrari N.V. (NYSE:RACE) - Post News (NYSE:RACE)
www.kentuckypostnews.com - August 22 at 6:56 PM
cnbc.com logoOne auction just sold $345 million in classic cars. Here's why that's a bad sign (NYSE:RACE)
www.cnbc.com - August 22 at 11:39 AM
4-traders.com logoFerrari : F1i Classic – Mayhem, monsoon and the mother of all Belgian Grand Prix (NYSE:RACE)
www.4-traders.com - August 21 at 6:14 PM
News IconCrowd & Street Monitoring Ferrari NV (NYSE:RACE) - Post News (NYSE:RACE)
www.kentuckypostnews.com - August 20 at 6:40 PM
News IconFerrari (NYSE:RACE) Price Target 56/Share at Morgan Stanley - Live Trading News (NYSE:RACE)
www.livetradingnews.com - August 20 at 11:03 AM
finance.yahoo.com logoTesla Ludicrous Mode sounds great — until you actually use it (NYSE:RACE)
finance.yahoo.com - August 18 at 7:12 PM
4-traders.com logoFerrari : 458 Race Car Attacks on LOMA Race Wheels (NYSE:RACE)
www.4-traders.com - August 18 at 10:04 AM
feeds.benzinga.com logoFerrari CEO Says Brexit Hasn't Put The Brakes On His Company's Numbers (NYSE:RACE)
feeds.benzinga.com - August 17 at 12:39 PM
4-traders.com logoFerrari : F1 legend Schumi reacting to treatment, says ex-Ferrari boss (NYSE:RACE)
www.4-traders.com - August 17 at 10:02 AM
cnbc.com logo$370 million in collectible cars slated for Pebble Beach auction (NYSE:RACE)
www.cnbc.com - August 17 at 10:02 AM
capitalcube.com logoFerrari NV :RACE-US: Earnings Analysis: Q2, 2016 By the Numbers : August 16, 2016 (NYSE:RACE)
www.capitalcube.com - August 16 at 7:10 PM
seekingalpha.com logoIs Ferrari Stupidly Overvalued Or Just Plain-Vanilla Overvalued? (NYSE:RACE)
seekingalpha.com - August 15 at 9:13 AM
seekingalpha.com logoIs Ferrari Stupidly Overvalued Or Just Plain-Vanilla Overvalued? - Seeking Alpha (NYSE:RACE)
seekingalpha.com - August 14 at 11:29 AM
abcnews.go.com logoFerrari Collector Sues Luxury Automaker for Denying Him New Model (NYSE:RACE)
abcnews.go.com - August 12 at 2:37 PM
feeds.reuters.com logoRPT-Ferraris and fine wines lure investors hit by rate ructions (NYSE:RACE)
feeds.reuters.com - August 11 at 9:01 PM
feeds.reuters.com logoFerraris and fine wines lure investors hit by rate ructions (NYSE:RACE)
feeds.reuters.com - August 10 at 11:22 AM
News IconCG Stocks Midpoint: WhiteWave Foods Co (WWAV), Ferrari N.V. (RACE) - share market updates (press release) (NYSE:RACE)
sharemarketupdates.com - August 10 at 10:09 AM
News IconBig-ticket home purchases are now on the backburner. Why so? Let's find out... (NYSE:RACE)
content.magicbricks.com - August 10 at 3:49 AM
thecountrycaller.com logoFerrari N.V. (RACE) Price Target Raised To $53: Here's Why - TCC (NYSE:RACE)
www.thecountrycaller.com - August 9 at 7:19 PM
marketrealist.com logoWhat Are Analysts Saying about Ferrari after 2Q16 Earnings? (NYSE:RACE)
marketrealist.com - August 9 at 10:13 AM
benzinga.com logoFerrari's Pricing Power An Underappreciated Profit Driver, Says UBS - Benzinga (NYSE:RACE)
www.benzinga.com - August 8 at 7:15 PM
marketrealist.com logoWhat Could Affect Ferrari’s Valuation Multiples in 2H16? (NYSE:RACE)
marketrealist.com - August 8 at 11:45 AM
marketrealist.com logoHow Ferrari Performed in Its Other Key Markets in 2Q16 (NYSE:RACE)
marketrealist.com - August 5 at 11:35 AM
News IconWorth Watching Stocks on the Run: Ferrari N.V.(NYSE:RACE), United Parcel Service, Inc.(NYSE:UPS) - NYSE Journal (press release) (NYSE:RACE)
stockznews.com - August 4 at 3:15 PM
seekingalpha.com logoFerrari Crushes It In Q2 - Seeking Alpha (NYSE:RACE)
seekingalpha.com - August 4 at 3:15 PM
thecountrycaller.com logoEarnings Whisper: Fitbit Inc (FIT) and Ferrari NV (RACE) - TCC (NYSE:RACE)
www.thecountrycaller.com - August 4 at 3:15 PM
investors.com logoStocks In Neutral; Ferrari Cools Off; Can Tesla Finish Its New Base? (NYSE:RACE)
www.investors.com - August 4 at 3:15 PM
News IconStocks Edge Up; Ferrari Cools Off; Can Tesla Finish Its New Base? (NYSE:RACE)
feedproxy.google.com - August 4 at 12:46 PM
marketrealist.com logoHow the Chinese Market Drove Ferrari’s 2Q16 Revenues Higher (NYSE:RACE)
marketrealist.com - August 4 at 10:12 AM
finance.yahoo.com logoPost Earnings Coverage as Ferrari Vrooms Past Market Expectations (NYSE:RACE)
finance.yahoo.com - August 4 at 10:12 AM
finance.yahoo.com logoEdited Transcript of RACE earnings conference call or presentation 2-Aug-16 3:00pm GMT (NYSE:RACE)
finance.yahoo.com - August 3 at 10:17 AM
finance.yahoo.com logoHave we reached peak auto? (NYSE:RACE)
finance.yahoo.com - August 3 at 10:17 AM
finance.yahoo.com logoFerrari is entering a challenging new era (NYSE:RACE)
finance.yahoo.com - August 3 at 10:17 AM
News IconFerrari Races to Record Results (NYSE:RACE)
news.morningstar.com - August 3 at 10:17 AM
thestreet.com logoFerrari Shares Are Ready to Accelerate Higher (NYSE:RACE)
www.thestreet.com - August 3 at 10:17 AM
finance.yahoo.com logoFerrari's supercar sales fuel second-quarter earnings beat (NYSE:RACE)
in.finance.yahoo.com - August 2 at 7:22 PM
News IconAuto, Consumer Stocks Lead Market Lower, But Ferrari Revs To 7-Month High (NYSE:RACE)
feedproxy.google.com - August 2 at 1:42 PM
biz.yahoo.com logoFerrari NV Earnings Call (Q2 2016) (NYSE:RACE)
biz.yahoo.com - August 2 at 12:00 PM
finance.yahoo.com logoFerrari posts 2Q profit (NYSE:RACE)
finance.yahoo.com - August 2 at 12:00 PM
sg.finance.yahoo.com logoFerrari profits rise as deliveries grow (NYSE:RACE)
sg.finance.yahoo.com - August 2 at 11:59 AM
biz.yahoo.com logoFerrari NV Earnings Call scheduled for 11:00 am ET today (NYSE:RACE)
biz.yahoo.com - August 2 at 11:59 AM
4-traders.com logoFerrari NV : Detroit Free Press Mark Phelan column (NYSE:RACE)
www.4-traders.com - July 31 at 10:59 AM
4-traders.com logoFerrari NV : Rosberg dominates in Hockenheim (NYSE:RACE)
www.4-traders.com - July 30 at 6:22 PM

Social

Ferrari NV (NYSE:RACE) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff