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: $50.22
  • 50 Day Moving Average: $48.37
  • 200 Day Moving Average: $43.96
  • 52-Week Range: $31.66 - $60.97
  • Trailing P/E Ratio: 26.38
  • Foreward P/E Ratio: 21.51
  • P/E Growth: 1.14
  • Market Cap: $9.51B
  • Outstanding Shares: 188,923,000
Profitability:
  • Net Margins: 10.98%
  • Return on Equity: 45.51%
  • Return on Assets: 7.62%
Debt:
  • Debt-to-Equity Ratio: 22.49%
  • Current Ratio: 3.33%
  • Quick Ratio: 2.90%
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 (0.68% downside)

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 9/26/2014 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: $2.14 EPS
Next Year EPS Consensus Estimate: $2.34 EPS

Dividends

Current Dividend Information for Ferrari NV (NYSE:RACE)
Annual Dividend:$0.52
Dividend Yield:1.03%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:27.37% (Based on Trailing 12 Months of Earnings)
24.30% (Based on Current Year Consensus EPS Estimate)
22.22% (Based on Next Year Consensus EPS Estimate)

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
ft.com logo[$$] Is Ferrari stuck in the mud? (NYSE:RACE)
www.ft.com - September 26 at 11:47 AM
4-traders.com logoFerrari : Auto racing legends come to Norwalk (NYSE:RACE)
www.4-traders.com - September 25 at 6:11 PM
News IconApple Inc.: Here’s How Supercar Could Send Apple Soaring (NYSE:RACE)
investorsbuz.com - September 24 at 11:23 AM
4-traders.com logoPod Rods: a family Ferrari, a very quick Honda and Beetle; and a LEGO car (NYSE:RACE)
www.4-traders.com - September 23 at 6:29 PM
News IconStock Seen Gapping Up Pre-Bell: Ferrari N.V. (NYSE:RACE) - Post News (NYSE:RACE)
www.kentuckypostnews.com - September 23 at 11:42 AM
finance.yahoo.com logoThere's another turbocharged V8 engine in a new Ferrari (NYSE:RACE)
finance.yahoo.com - September 22 at 6:41 PM
News IconMcLaren has much in common with potential buyer Apple (NYSE:RACE)
www.chron.com - September 22 at 11:47 AM
publicnow.com logoThe Ferrari GTC4Lusso T revealed (NYSE:RACE)
www.publicnow.com - September 22 at 11:47 AM
News IconShares Spotted Gapping HIgher Pre-Market: Ferrari N.V. (NYSE:RACE) - Post News (NYSE:RACE)
www.kentuckypostnews.com - September 21 at 11:01 AM
News IconConsensus Take: Ferrari NV (NYSE:RACE) Earnings & Ratings Watch - Frisco Fastball (NYSE:RACE)
friscofastball.com - September 21 at 11:01 AM
4-traders.com logoFerrari : LEBHobbies.com Announces New Product Releases for September 2016 (NYSE:RACE)
www.4-traders.com - September 19 at 6:53 PM
News IconAutoZone (AZO) Q4 Earnings: Is a Disappointment in Store? - Yahoo News (NYSE:RACE)
www.yahoo.com - September 19 at 11:32 AM
News IconFormula One: Resurgent Rosberg hails team after Singapore turnaround (NYSE:RACE)
sg.sports.yahoo.com - September 18 at 6:29 PM
4-traders.com logoFerrari : Kimi questions strategy as Ferrari's winless run continues (NYSE:RACE)
www.4-traders.com - September 18 at 6:29 PM
4-traders.com logoRosberg on pole after one of the 'laps of my life': MOTOR RACING (NYSE:RACE)
www.4-traders.com - September 18 at 11:09 AM
publicnow.com logoThe Ferrari 488 Spider takes the Autonis Design Award (NYSE:RACE)
www.publicnow.com - September 16 at 10:30 AM
4-traders.com logoKimi Raikkonen: ‘No guarantee’ Ferrari can repeat Singapore Grand Prix win (NYSE:RACE)
www.4-traders.com - September 15 at 7:01 PM
finance.yahoo.com logoIt's been a great year for car sales — but an awful year for automakers' stocks (NYSE:RACE)
finance.yahoo.com - September 15 at 7:01 PM
4-traders.com logoFerrari : Mercedes faces genuine challenge at Singapore GP (NYSE:RACE)
www.4-traders.com - September 15 at 10:31 AM
marketrealist.com logoWhat Are Analysts Recommending for Major Automakers after Declining Sales? (NYSE:RACE)
marketrealist.com - September 12 at 11:35 AM
wsj.com logoLiberty Media Faces Some Bumps for Formula One in U.S. (NYSE:RACE)
www.wsj.com - September 9 at 6:35 PM
4-traders.com logoFerrari : Phillip Hunt and Odell Willis hoping to recreate Winnipeg magic in Edmonton (NYSE:RACE)
www.4-traders.com - September 9 at 6:35 PM
News IconPlacing Ferrari NV (NYSE:RACE) Shares Under the Microscope - Post News (NYSE:RACE)
www.kentuckypostnews.com - September 9 at 11:44 AM
publicnow.com logoAuto Cavallino in Kobe (NYSE:RACE)
www.publicnow.com - September 9 at 11:44 AM
nasdaq.com logoWhy the Earnings Streak Will Continue for Ferrari (RACE) - Nasdaq (NYSE:RACE)
www.nasdaq.com - September 8 at 6:41 PM
finance.yahoo.com logoWhy the Earnings Streak Will Continue for Ferrari (RACE) (NYSE:RACE)
finance.yahoo.com - September 8 at 10:48 AM
News IconTesla Motors Inc: The Following Competitor Stands to Outperform as an Investment, and on the Track (NYSE:RACE)
www.profitconfidential.com - September 7 at 10:34 AM
cnn.com logoThe rich are still buying lots of cars (NYSE:RACE)
money.cnn.com - September 2 at 11:51 AM
4-traders.com logoFerrari : Verstappen will be on hostile Ferrari territory in Monza (NYSE:RACE)
www.4-traders.com - August 31 at 12:11 PM
4-traders.com logoFerrari : Verstappen needs a psychiatrist, says Lauda post Belgian GP collision (NYSE:RACE)
www.4-traders.com - August 30 at 6:54 PM
finance.yahoo.com logoAre Collectibles in a Bubble? (NYSE:RACE)
finance.yahoo.com - August 30 at 6:54 PM
News IconVirginia City wild weekends ahead feature Labor Day celebration, camel and ostrich races (NYSE:RACE)
carsonnow.org - August 29 at 6:49 PM
News IconCarson City and Lake Tahoe area road report for the week of Aug. 28 to Sept. 4 (NYSE:RACE)
carsonnow.org - August 29 at 11:33 AM
News IconExor Profit Jumps on Fiat Chrysler Results (NYSE:RACE)
ih.advfn.com - August 29 at 11:33 AM
4-traders.com logoFerrari : Rosberg closes gap in title race despite Hamilton's surging drive (NYSE:RACE)
www.4-traders.com - August 29 at 11:33 AM
4-traders.com logoFerrari : Nico Rosberg beats Max Verstappen to Spa pole (NYSE:RACE)
www.4-traders.com - August 28 at 10:55 AM
4-traders.com logoFerrari : McLaren back at scene of triumphs and preparing for repeats in future (NYSE:RACE)
www.4-traders.com - August 27 at 6:15 PM
usatoday.com logoCollector car auctions in Monterey bring mixed results (NYSE:RACE)
www.usatoday.com - August 25 at 6:21 PM
ft.com logo[$$] Classic car valuations race ahead of stock market growth (NYSE:RACE)
www.ft.com - August 25 at 12:06 PM
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

Social

Ferrari NV (NYSE:RACE) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff