About Ferrari (NYSE:RACE)
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports cars, GT cars, special series cars, limited edition supercars, limited editions series, and one-off cars; and open air roadsters and two-seater mid-rear-engined roadsters. It also provides non-registered racing cars; and parts, 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 offers non-registered racing cars; and parts, as well as after sales, repair, maintenance, and restoration services for cars. Additionally, the company provides direct or indirect finance and leasing services to retail clients and dealers; and manages race tracks, as well as owns and manages two museums in Maranello and Modena, Italy. As of December 31, 2017, it had a total of 48 retail Ferrari stores, including 30 franchised stores and 18 owned stores. The company also sells its products through a network of 164 authorized dealers operating 185 points of sale worldwide, as well as through its Website, store.ferrari.com. The company was founded in 1947 and is headquartered in Maranello, Italy.
Industry, Sector and Symbol
Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
SymbolNYSE:RACE
CUSIPN/A
Phone00390536949111
Debt
Debt-to-Equity Ratio2.03
Current Ratio3.17
Quick Ratio2.56
Price-To-Earnings
Trailing P/E Ratio46.23
Forward P/E Ratio40.07
P/E Growth2.33
Sales & Book Value
Annual Sales$3.86 billion
Price / Sales7.22
Cash Flow$4.7233 per share
Price / Cash31.22
Book Value$4.69 per share
Price / Book31.44
Profitability
EPS (Most Recent Fiscal Year)$3.19
Net Income$605.15 million
Net Margins16.44%
Return on Equity79.32%
Return on Assets13.77%
Miscellaneous
Employees3,380
Outstanding Shares188,950,000
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 were Ferrari's earnings last quarter?
Ferrari NV (NYSE:RACE) released its quarterly earnings data on Thursday, May, 3rd. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.10. The firm earned $831 million during the quarter, compared to analyst estimates of $835.47 million. Ferrari had a net margin of 16.44% and a return on equity of 79.32%. The business's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 earnings per share. View Ferrari's Earnings History.
When is Ferrari's next earnings date?
What price target have analysts set for RACE?
8 Wall Street analysts have issued 12 month target prices for Ferrari's stock. Their predictions range from $105.00 to $160.00. On average, they expect Ferrari's stock price to reach $132.00 in the next twelve months. View Analyst Ratings for Ferrari.
Who are some of Ferrari's key competitors?
Some companies that are related to Ferrari include Volkswagen Group (VLKAY), Daimler (DDAIF), General Motors (GM), Tesla (TSLA), Honda Motor (HMC), Ford Motor (F), Fiat Chrysler Automobiles (FCAU), Nissan Motor (NSANY), VOLVO AB/ADR (VLVLY), GEELY AUTOMOBIL/ADR (GELYY), Hyundai Motor (HYMLF), SUBARU Corp/ADR (FUJHY), Paccar (PCAR), Tata Motors (TTM) and MAZDA Mtr Corp/ADR (MZDAY).
Who are Ferrari's key executives?
Ferrari's management team includes the folowing people:
- Mr. Sergio Marchionne, Chairman & CEO (Age 66)
- Mr. Alessandro Gili, Chief Financial Officer (Age 47)
- Mr. Michael Hugo Leiters, Chief Technology Officer (Age 47)
- Mr. Enrico Galliera, Chief Marketing & Commercial Officer (Age 52)
- Mr. Michele Antoniazzi, Chief HR Officer (Age 49)
Has Ferrari been receiving favorable news coverage?
News articles about RACE stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ferrari earned a news sentiment score of 0.13 on Accern's scale. They also gave media stories about the company an impact score of 41.45 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Ferrari's major shareholders?
Ferrari's stock is owned by a number of of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.75%), AKO Capital LLP (2.10%), Winslow Capital Management LLC (0.78%), Amundi Pioneer Asset Management Inc. (0.61%), WCM Investment Management CA (0.60%) and JPMorgan Chase & Co. (0.43%). View Institutional Ownership Trends for Ferrari.
Which institutional investors are selling Ferrari stock?
RACE stock was sold by a variety of institutional investors in the last quarter, including AKO Capital LLP, JPMorgan Chase & Co., Baillie Gifford & Co., Wells Fargo & Company MN, Winslow Capital Management LLC, A.R.T. Advisors LLC, FIL Ltd and Royal Bank of Canada. View Insider Buying and Selling for Ferrari.
Which institutional investors are buying Ferrari stock?
RACE stock was bought by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Jane Street Group LLC, OppenheimerFunds Inc., Jupiter Asset Management Ltd., Lord Abbett & CO. LLC, WCM Investment Management CA, Fiera Capital Corp and Northern Trust Corp. View Insider Buying and Selling for Ferrari.
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 $147.46.
How big of a company is Ferrari?
Ferrari has a market capitalization of $28.14 billion and generates $3.86 billion in revenue each year. The company earns $605.15 million in net income (profit) each year or $3.19 on an earnings per share basis. Ferrari employs 3,380 workers across the globe.
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 00390536949111.
MarketBeat Community Rating for Ferrari (RACE)
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.
