NYSE:RACE - Ferrari Stock Price, News, & Analysis

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$126.37 +0.39 (+0.31 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$125.98
Today's Range$125.73 - $126.91
52-Week Range$93.85 - $149.85
Volume155,100 shs
Average Volume462,094 shs
Market Capitalization$23.88 billion
P/E Ratio31.44
Dividend YieldN/A
Beta1.6
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.

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Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
CUSIPN/A
Phone00390536949111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.04 billion
Cash Flow$4.8123 per share
Book Value$4.69 per share

Profitability

Net Income$929.46 million

Miscellaneous

Employees3,380
Market Cap$23.88 billion
OptionableOptionable

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 often does Ferrari pay dividends? What is the dividend yield for Ferrari?

Ferrari announced an annual dividend on Thursday, April 19th. Investors of record on Tuesday, April 24th will be given a dividend of $0.88 per share on Wednesday, May 2nd. This represents a dividend yield of 0.64%. The ex-dividend date of this dividend is Monday, April 23rd. This is an increase from Ferrari's previous annual dividend of $0.67. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari NV (NYSE:RACE) posted its quarterly earnings results on Thursday, January, 31st. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.26. The firm earned $964.27 million during the quarter, compared to analysts' expectations of $967.04 million. Ferrari had a return on equity of 62.64% and a net margin of 22.91%. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Ferrari.

What guidance has Ferrari issued on next quarter's earnings?

Ferrari updated its FY 2019 earnings guidance on Thursday, January, 31st. The company provided earnings per share (EPS) guidance of $4.03-4.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.38. The company issued revenue guidance of $4.025 billion, compared to the consensus revenue estimate of $4.23 billion.

What price target have analysts set for RACE?

8 equities research analysts have issued 1-year price objectives for Ferrari's shares. Their forecasts range from $112.29 to $160.00. On average, they anticipate Ferrari's stock price to reach $136.4580 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferrari.

Has Ferrari been receiving favorable news coverage?

News headlines about RACE stock have been trending neutral on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ferrari earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Who are some of Ferrari's key competitors?

Who are Ferrari's key executives?

Ferrari's management team includes the folowing people:
  • Mr. Louis C. Camilleri BA, CEO & Exec. Director (Age 64)
  • Mr. Antonio Picca Piccon, Chief Financial Officer
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 48)
  • Ms. Nicoletta Russo, Head of Investor Relations
  • Mr. Carlo Daneo, Gen. Counsel

Who are Ferrari's major shareholders?

Ferrari's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (7.56%), Canada Pension Plan Investment Board (1.80%), AKO Capital LLP (1.62%), Amundi Pioneer Asset Management Inc. (1.20%), Bank of New York Mellon Corp (0.37%) and Bank of America Corp DE (0.31%).

Which institutional investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, AKO Capital LLP, Mckinley Capital Management LLC Delaware, Carbonado Capital, Fiera Capital Corp, Two Sigma Advisers LP, PNC Financial Services Group Inc. and Bank of New York Mellon Corp.

Which institutional investors are buying Ferrari stock?

RACE stock was acquired by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Amundi Pioneer Asset Management Inc., Hsbc Holdings PLC, SG Americas Securities LLC, Millennium Management LLC, Westpac Banking Corp, New York State Common Retirement Fund and Susquehanna International Group Ltd..

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 $126.37.

How big of a company is Ferrari?

Ferrari has a market capitalization of $23.88 billion and generates $4.04 billion in revenue each year. The company earns $929.46 million in net income (profit) each year or $4.02 on an earnings per share basis. Ferrari employs 3,380 workers across the globe.

What is Ferrari's official website?

The official website for Ferrari is http://www.ferrari.com.

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 (NYSE RACE)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  384 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  691
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.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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