Ferrari Company Profile (NYSE:RACE)

About Ferrari (NYSE:RACE)

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
  • Symbol: NYSE:RACE
  • CUSIP: N/A
  • Web: www.ferrari.com
Capitalization:
  • Market Cap: $16.15 billion
  • Outstanding Shares: 188,947,000
Average Prices:
  • 50 Day Moving Avg: $78.32
  • 200 Day Moving Avg: $66.14
  • 52 Week Range: $38.71 - $85.76
P/E:
  • Trailing P/E Ratio: 33.35
  • Foreward P/E Ratio: 27.76
  • P/E Growth: 2.22
Sales & Book Value:
  • Annual Revenue: $3.55 billion
  • Price / Sales: 4.55
  • Book Value: $2.75 per share
  • Price / Book: 31.09
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 0.8%
Profitability:
  • EBIDTA: $922.17 million
  • 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%
Misc:
  • Average Volume: 534,127 shs.
  • Beta: 1.79
  • Short Ratio: 8.57
 

Frequently Asked Questions for Ferrari (NYSE:RACE)

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 announced an annual dividend on Wednesday, March 1st. Stockholders of record on Wednesday, April 26th will be given a dividend of $0.6712 per share on Tuesday, May 2nd. The ex-dividend date is Monday, April 24th. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) announced its quarterly earnings results on Monday, May, 2nd. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.11. The firm earned $675 million during the quarter, compared to the consensus estimate of $648.56 million. Ferrari had a return on equity of 286.55% and a net margin of 12.88%. Ferrari's revenue for the quarter was up 8.7% compared to the same quarter last year. View Ferrari's Earnings History.

When will Ferrari make its next earnings announcement?

Ferrari is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Ferrari.

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

8 equities research analysts have issued 1 year target prices for Ferrari's stock. Their forecasts range from $45.00 to $96.00. On average, they expect Ferrari's stock price to reach $75.75 in the next twelve months. View Analyst Ratings for Ferrari.

What are analysts saying about Ferrari stock?

Here are some recent quotes from research analysts about Ferrari 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. " (5/10/2017)
  • 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's key competitors?

Who owns Ferrari stock?

Ferrari's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (9.28%), AKO Capital LLP (2.88%), Vanguard Group Inc. (1.64%), JPMorgan Chase & Co. (0.97%), Credit Suisse AG (0.55%) and Bank of Italy (0.51%). View Institutional Ownership Trends for Ferrari.

Who sold Ferrari stock? Who is selling Ferrari stock?

Ferrari's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Baillie Gifford & Co., Swiss National Bank, Commerzbank Aktiengesellschaft FI, Credit Agricole S A, Edmond DE Rothschild Holding S.A., Fairfield Bush & CO. and Renaissance Technologies LLC. View Insider Buying and Selling for Ferrari.

Who bought Ferrari stock? Who is buying Ferrari stock?

Ferrari's stock was bought by a variety of institutional investors in the last quarter, including AKO Capital LLP, JPMorgan Chase & Co., AQR Capital Management LLC, Credit Suisse AG, Vanguard Group Inc., Spark Investment Management LLC, Segantii Capital Management Ltd and Karp Capital Management Corp. View Insider Buying and Selling for Ferrari.

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.

What is Ferrari's stock price today?

One share of Ferrari stock can currently be purchased for approximately $85.50.


MarketBeat Community Rating for Ferrari (NYSE RACE)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  96 (Vote Underperform)
Total Votes:  240
MarketBeat's community ratings are surveys of what our community members think about Ferrari 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.

Analyst Ratings

Consensus Ratings for Ferrari (NYSE:RACE) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $75.75 (11.40% downside)

Analysts' Ratings History for Ferrari (NYSE:RACE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Kepler Capital MarketsReiterated RatingHoldN/AView Rating Details
5/15/2017Bank of America CorpBoost Price TargetBuy$82.00 -> $90.00N/AView Rating Details
5/8/2017Morgan StanleyLower Price TargetOverweight$100.00 -> $72.00LowView Rating Details
5/6/2017Jefferies Group LLCSet Price TargetBuy$74.00 -> $96.00LowView Rating Details
3/23/2017Citigroup IncUpgradeNeutral -> BuyLowView Rating Details
11/28/2016Berenberg BankReiterated RatingBuyN/AView Rating Details
11/8/2016Evercore ISIUpgradeSell -> HoldN/AView Rating Details
10/13/2016Societe GeneraleInitiated CoverageSell$45.00N/AView Rating Details
4/19/2016JPMorgan Chase & Co.Reiterated RatingNeutral$46.00 -> $51.00N/AView Rating Details
2/18/2016Banca AkrosInitiated CoverageBuyN/AView Rating Details
1/20/2016Barclays PLCInitiated CoverageHoldN/AView Rating Details
11/16/2015Mediobanca SpAInitiated CoverageOutperform$64.00N/AView Rating Details
11/16/2015BNP ParibasInitiated CoverageUnderperform$46.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Ferrari (NYSE:RACE)
Earnings by Quarter for Ferrari (NYSE:RACE)
Earnings History by Quarter for Ferrari (NYSE RACE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
11/7/2016Q316$0.53$0.59$826.93 million$783.00 millionViewListenView Earnings Details
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$0.56$804.27 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ferrari (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.92 EPS
Next Year EPS Consensus Estimate: $3.08 EPS

Dividends

Current Dividend Information for Ferrari (NYSE:RACE)
Most Recent Dividend:5/2/2017
Annual Dividend:$0.52
Dividend Yield:0.61%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:22.32% (Trailing 12 Months of Earnings)
17.81% (Based on This Year's Estimates)
16.88% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ferrari (NYSE:RACE)

Dividend History by Quarter for Ferrari (NYSE RACE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017Annual$0.674/24/20174/26/20175/2/2017
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

Headline Trends for Ferrari (NYSE:RACE)
Latest Headlines for Ferrari (NYSE:RACE)
Source:
DateHeadline
nytimes.com logoVettel and Ferrari Are Quickly Putting Lean Years Behind Them
www.nytimes.com - May 27 at 3:29 AM
finance.yahoo.com logoETFs with exposure to Ferrari NV : May 26, 2017
finance.yahoo.com - May 27 at 3:29 AM
seekingalpha.com logoIs There Any Upside Left To Ferrari? - Seeking Alpha
seekingalpha.com - May 26 at 6:18 AM
abcnews.go.com logoBottas remains confident he can close gap in F1 title race
abcnews.go.com - May 24 at 7:51 PM
finance.yahoo.com logoTrump's Ferrari Sale Spotlights a Struggling Luxury-Asset Market
finance.yahoo.com - May 24 at 7:51 PM
reuters.com logoMotor racing: Red Bull 'a bit in no-man's land', says Horner
www.reuters.com - May 19 at 8:02 PM
finance.yahoo.com logoAston Martin Is Considering a London IPO as Soon as Next Year
finance.yahoo.com - May 19 at 12:18 PM
finance.yahoo.com logoAston Martin Dreams of Catching Ferrari
finance.yahoo.com - May 19 at 12:18 PM
bloomberg.com logoAston Martin Said to Consider London IPO as Soon as Next Year
www.bloomberg.com - May 18 at 2:46 PM
finance.yahoo.com logoRecent IPOs Suggest a Pullback Is Near (IPO, RACE)
finance.yahoo.com - May 17 at 7:21 PM
finance.yahoo.com logoBillionaire problems: 3 ridiculous situations only the super rich could get themselves into
finance.yahoo.com - May 17 at 7:21 PM
finance.yahoo.com logoKeyCorp Securitized Debt Salesman Corsi Said Charged With DUI
finance.yahoo.com - May 17 at 7:21 PM
finance.yahoo.com logoFord is heading back to Le Mans to repeat history — again
finance.yahoo.com - May 16 at 9:39 AM
finance.yahoo.com logoBlog Coverage: Software Error in Ram Trucks Forces Fiat Chrysler to Recall over a 1.25 Million Trucks
finance.yahoo.com - May 15 at 9:42 AM
finance.yahoo.com logoWhat Ferrari Can Teach Tesla About Making Money As A Rebel
finance.yahoo.com - May 12 at 8:16 PM
finance.yahoo.com logoETFs with exposure to Ferrari NV : May 12, 2017
finance.yahoo.com - May 12 at 8:16 PM
finance.yahoo.com logoCan The Uptrend Continue for Ferrari (RACE)?
finance.yahoo.com - May 12 at 8:04 AM
finance.yahoo.com logoFerrari NV :RACE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 11, 2017
finance.yahoo.com - May 11 at 7:53 PM
theglobeandmail.com logoAnd get unlimited access on all your devices - The Globe and Mail
www.theglobeandmail.com - May 10 at 11:20 AM
americanbankingnews.com logoFerrari (RACE) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 10 at 7:26 AM
finance.yahoo.com logoA Look at Ferrari’s Valuation Multiples after Its 1Q17 Results
finance.yahoo.com - May 9 at 10:53 AM
finance.yahoo.com logo1 Stock I Can't Wait to Buy on Sale
finance.yahoo.com - May 9 at 10:53 AM
finance.yahoo.com logoFerrari is taking on Tesla
finance.yahoo.com - May 8 at 6:48 PM
finance.yahoo.com logoFerrari Moves Into 'Top 3' Position At Morgan Stanley
finance.yahoo.com - May 8 at 6:48 PM
finance.yahoo.com logoTesla shares have been booming — but another automaker has been doing even better
finance.yahoo.com - May 8 at 6:48 PM
americanbankingnews.com logoFerrari (RACE) Rating Reiterated by Morgan Stanley
www.americanbankingnews.com - May 8 at 1:06 PM
reuters.com logoMotor racing: No quick fix for Hamilton problems, Wolff says
www.reuters.com - May 8 at 11:52 AM
finance.yahoo.com logoInside Ferrari’s Home Market Performance in 1Q17
finance.yahoo.com - May 8 at 11:51 AM
finance.yahoo.com logoFerrari Reported Higher 1Q17 Shipments to the UK and Asia-Pacific
finance.yahoo.com - May 8 at 11:51 AM
finance.yahoo.com logoMorgan Stanley just got even more bullish on Ferrari
finance.yahoo.com - May 8 at 11:51 AM
finance.yahoo.com logoFactors That Boosted Ferrari’s Profitability in 1Q17
finance.yahoo.com - May 8 at 11:51 AM
finance.yahoo.com logoFerrari Profits Accelerating Ahead Of Its Own Forecasts
finance.yahoo.com - May 8 at 11:51 AM
finance.yahoo.com logoEdited Transcript of RACE earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 6 at 12:41 AM
streetinsider.com logoFerrari (RACE) PT Raised to $90 at BofA/Merrill Lynch - StreetInsider.com
www.streetinsider.com - May 5 at 7:40 PM
finance.yahoo.com logoFerrari’s China Shipments Rose in 1Q17
finance.yahoo.com - May 5 at 7:40 PM
finance.yahoo.com logoWhat Drove Ferrari’s Shipments to the Americas Higher in 1Q17?
finance.yahoo.com - May 5 at 7:40 PM
americanbankingnews.com logoFerrari (RACE) Stock Rating Reaffirmed by Bank of America Corp
www.americanbankingnews.com - May 5 at 3:44 PM
americanbankingnews.com logoFerrari (RACE) Upgraded to "Hold" by Kepler Capital Markets
www.americanbankingnews.com - May 5 at 12:34 PM
News IconFerrari is on a tear - Business Insider
www.businessinsider.com - May 5 at 8:18 AM
finance.yahoo.com logoFerrari Supercar Fight Leads to China Embezzlement Lawsuits
finance.yahoo.com - May 5 at 8:18 AM
bloomberg.com logoFerrari Surges to Apple-Like Margins With $2.1 Million Car
www.bloomberg.com - May 4 at 7:41 PM
finance.yahoo.com logoFerrari is on a tear
finance.yahoo.com - May 4 at 7:41 PM
finance.yahoo.com logoFerrari Profit Jumps as Sports-Car Maker Raises Sales Volume
finance.yahoo.com - May 4 at 7:41 PM
finance.yahoo.com logoFerrari Leads 5 Stocks Racing Higher On Earnings
finance.yahoo.com - May 4 at 7:41 PM
finance.yahoo.com logoFraud, Threats and Ferrari Fights in China Embezzlement Suit
finance.yahoo.com - May 4 at 7:41 PM
fool.com logoFerrari Profit Surges 60% as Sales of V12 Cars Soar
www.fool.com - May 4 at 3:45 PM
seekingalpha.com logoFerrari races to new high
seekingalpha.com - May 4 at 9:30 AM
finance.yahoo.com logoFERRARI, A RECORD QUARTER: ON THE WAY TO A GREAT YEAR
finance.yahoo.com - May 4 at 8:34 AM
finance.yahoo.com logoFerrari Q1 beats expectations, shares rise 3 pct
finance.yahoo.com - May 4 at 8:34 AM
finance.yahoo.com logoFerrari Profit Jumps on Surging Demand for Big-Engine Supercars
finance.yahoo.com - May 4 at 8:34 AM

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Chart

Ferrari (RACE) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff