Ferrari N.V. Company Profile (NYSE:RACE)

About Ferrari N.V. (NYSE:RACE)

Ferrari N.V. 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: $18.44276 billion
  • Outstanding Shares: 188,947,000
Average Prices:
  • 50 Day Moving Avg: $89.80
  • 200 Day Moving Avg: $75.19
  • 52 Week Range: $42.25 - $100.08
P/E:
  • Trailing P/E Ratio: 37.25
  • Foreward P/E Ratio: 32.68
  • P/E Growth: 2.39
Sales & Book Value:
  • Annual Revenue: $3.71 billion
  • Price / Sales: 5.09
  • Book Value: $2.87 per share
  • Price / Book: 34.84
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 0.7%
Profitability:
  • EBIDTA: $965.29 million
  • Net Margins: 13.70%
  • Return on Equity: 162.67%
  • Return on Assets: 11.31%
Debt:
  • Debt-to-Equity Ratio: 3.89%
  • Current Ratio: 2.82%
  • Quick Ratio: 2.34%
Misc:
  • Average Volume: 596,965 shs.
  • Beta: 1.67
  • Short Ratio: 3.29
 

Frequently Asked Questions for Ferrari N.V. (NYSE:RACE)

What is Ferrari N.V.'s stock symbol?

Ferrari N.V. trades on the New York Stock Exchange (NYSE) under the ticker symbol "RACE."

How often does Ferrari N.V. pay dividends? What is the dividend yield for Ferrari N.V.?

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

How were Ferrari N.V.'s earnings last quarter?

Ferrari N.V. (NYSE:RACE) issued its quarterly earnings results on Monday, May, 2nd. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.30 by $0.11. The firm earned $675 million during the quarter, compared to analysts' expectations of $648.56 million. Ferrari N.V. had a net margin of 13.70% and a return on equity of 162.67%. Ferrari N.V.'s revenue for the quarter was up 8.7% compared to the same quarter last year. View Ferrari N.V.'s Earnings History.

When will Ferrari N.V. make its next earnings announcement?

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

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

8 equities research analysts have issued 12-month price targets for Ferrari N.V.'s stock. Their predictions range from $45.00 to $100.00. On average, they anticipate Ferrari N.V.'s share price to reach $78.25 in the next year. View Analyst Ratings for Ferrari N.V..

What are analysts saying about Ferrari N.V. stock?

Here are some recent quotes from research analysts about Ferrari N.V. 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. " (7/11/2017)
  • 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 N.V.'s key competitors?

Who owns Ferrari N.V. stock?

Ferrari N.V.'s stock is owned by many different of institutional and retail investors. Top institutional investors include Aperio Group LLC (0.06%), Bank of Montreal Can (0.03%), Xact Kapitalforvaltning AB (0.00%), Creative Planning (0.00%), US Bancorp DE (0.00%) and Opera Trading Capital (0.00%). View Institutional Ownership Trends for Ferrari N.V..

Who sold Ferrari N.V. stock? Who is selling Ferrari N.V. stock?

Ferrari N.V.'s stock was sold by a variety of institutional investors in the last quarter, including Xact Kapitalforvaltning AB. View Insider Buying and Selling for Ferrari N.V..

Who bought Ferrari N.V. stock? Who is buying Ferrari N.V. stock?

Ferrari N.V.'s stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Aperio Group LLC, Opera Trading Capital, Creative Planning and US Bancorp DE. View Insider Buying and Selling for Ferrari N.V..

How do I buy Ferrari N.V. stock?

Shares of Ferrari N.V. 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 N.V.'s stock price today?

One share of Ferrari N.V. stock can currently be purchased for approximately $99.99.


MarketBeat Community Rating for Ferrari N.V. (NYSE RACE)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  278
MarketBeat's community ratings are surveys of what our community members think about Ferrari N.V. 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 N.V. (NYSE:RACE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $78.25 (21.74% downside)

Analysts' Ratings History for Ferrari N.V. (NYSE:RACE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/16/2017Bank of America CorporationReiterated RatingBuy$90.00 -> $100.00LowView Rating Details
5/15/2017Kepler Capital MarketsReiterated RatingHoldN/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 Inc.UpgradeNeutral -> 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
4/19/2016J P Morgan Chase & CoReiterated 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 7/21/2015 forward)

Earnings

Earnings History for Ferrari N.V. (NYSE:RACE)
Earnings by Quarter for Ferrari N.V. (NYSE:RACE)
Earnings History by Quarter for Ferrari N.V. (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 N.V. (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.67 EPS
Next Year EPS Consensus Estimate: $3.06 EPS

Dividends

Current Dividend Information for Ferrari N.V. (NYSE:RACE)
Most Recent Dividend:5/2/2017
Annual Dividend:$0.68
Dividend Yield:0.68%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:26.46% (Trailing 12 Months of Earnings)
25.47% (Based on This Year's Estimates)
22.22% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ferrari N.V. (NYSE:RACE)

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

Headlines

Headline Trends for Ferrari N.V. (NYSE:RACE)
Latest Headlines for Ferrari N.V. (NYSE:RACE)
Source:
DateHeadline
finance.yahoo.com logoJuly Update: Will Ferrari Stock Continue Its Race in 2H17?
finance.yahoo.com - July 20 at 7:06 AM
finance.yahoo.com logoThis is the most expensive car ever sold at auction
finance.yahoo.com - July 20 at 7:06 AM
finance.yahoo.com logoMohnish Pabrai Crushing It With 2 Best-Performing Automakers, Ferrari and Fiat
finance.yahoo.com - July 19 at 6:25 AM
marketwatch.com logoThis $38.5 million Ferrari tops the list of world’s most expensive classic cars
www.marketwatch.com - July 19 at 5:55 AM
finance.yahoo.com logoThe Car Company Beating Tesla
finance.yahoo.com - July 17 at 2:00 AM
finance.yahoo.com logoFerrari Has Raced Ahead Too Far Too Fast
finance.yahoo.com - July 15 at 7:54 AM
finance.yahoo.com logoHow to Outsmart the Slump in the Classic Car Market
finance.yahoo.com - July 14 at 7:49 AM
finance.yahoo.com logoWhat’s HOG’s Valuation ahead of 2Q17 Earnings?
finance.yahoo.com - July 14 at 7:49 AM
fool.com logo3 Top Stocks You're Missing the Boat On
www.fool.com - July 13 at 10:51 AM
finance.yahoo.com logoAs Nvidia, Ferrari Rise, Can Tesla Rebound After Recent Sell-Off?
finance.yahoo.com - July 13 at 8:31 AM
feeds.benzinga.com logoGoodfood Reports Record Susbcriber Growth For Third Quarter Fiscal 2017
feeds.benzinga.com - July 13 at 8:15 AM
finance.yahoo.com logoUBS: Ferrari is about to go through a 'seismic shift'
finance.yahoo.com - July 12 at 7:25 AM
americanbankingnews.com logoFerrari N.V. (RACE) Receives "Buy" Rating from UBS AG
www.americanbankingnews.com - July 11 at 7:44 AM
prnewswire.com logoHow These Auto Makers Stocks are Performing? -- Tata Motors, SORL Auto Parts, Honda Motor, and Ferrari - PR Newswire (press release)
www.prnewswire.com - July 11 at 6:59 AM
finance.yahoo.com logoETFs with exposure to Ferrari NV : July 10, 2017
finance.yahoo.com - July 11 at 6:59 AM
finance.yahoo.com logoFerrari NV – Value Analysis (NYSE:RACE) : July 10, 2017
finance.yahoo.com - July 11 at 6:59 AM
finance.yahoo.com logoFerrari NV breached its 50 day moving average in a Bearish Manner : RACE-US : July 7, 2017
finance.yahoo.com - July 8 at 1:57 PM
investorplace.com logoFerrari N.V. (RACE) Stock Is Off to the Races
investorplace.com - July 7 at 12:47 PM
finance.yahoo.com logoHow to pimp your portfolio with a classic car
finance.yahoo.com - July 5 at 9:55 AM
finance.yahoo.com logoTake a Spin in a $40M Classic Ferrari
finance.yahoo.com - July 2 at 7:48 PM
finance.yahoo.com logoFerrari and Aaron's are Zacks Rank Buys
finance.yahoo.com - June 30 at 5:38 AM
finance.yahoo.com logoEuro leaps after Draghi speaks, sending European stocks to 2-month closing low
finance.yahoo.com - June 27 at 7:32 PM
americanbankingnews.com logoFerrari N.V. (RACE) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 27 at 12:34 PM
finance.yahoo.com logoHere’s What Made Ferrari Stock Move So Fast in 1H17
finance.yahoo.com - June 27 at 7:40 AM
finance.yahoo.com logoCan Ferrari’s 2Q17 Earnings Keep Optimism Alive on Wall Street?
finance.yahoo.com - June 27 at 7:40 AM
finance.yahoo.com logoA European Bargain Worthy of Further Research
finance.yahoo.com - June 27 at 7:40 AM
finance.yahoo.com logoWhat Analysts Think about Ferrari Stock as 1H17 Nears the End
finance.yahoo.com - June 27 at 7:40 AM
americanbankingnews.com logoFerrari N.V. (RACE) Expected to Announce Earnings of $0.64 Per Share
www.americanbankingnews.com - June 23 at 8:32 PM
finance.yahoo.com logoZacks.com featured highlights: SORL Auto Parts, Momo, Viper Energy Partners and Ferrari
finance.yahoo.com - June 23 at 8:15 PM
seekingalpha.com logoWhy Ferrari Should Be On Every Investor's Watchlist - Seeking Alpha
seekingalpha.com - June 23 at 9:28 AM
finance.yahoo.com logoWinnebago (WGO) Beats Q3 Earnings and Revenues Estimates
finance.yahoo.com - June 22 at 9:43 AM
finance.yahoo.com logo3 Stocks to Watch in the Second Quarter
finance.yahoo.com - June 22 at 9:43 AM
finance.yahoo.com logoFocus on These 4 Profitable Stocks for Striking Returns
finance.yahoo.com - June 22 at 9:43 AM
finance.yahoo.com logoExplaining the Physics Behind This Ferrari Knocking People Over
finance.yahoo.com - June 21 at 3:03 AM
benzinga.com logoJim Cramer Gives His Opinion On Ferrari and MGM Resorts
www.benzinga.com - June 16 at 8:28 PM
americanbankingnews.com logoBank of America Corporation Reaffirms "Buy" Rating for Ferrari N.V. (RACE)
www.americanbankingnews.com - June 16 at 7:38 PM
finance.yahoo.com logoAre Analysts Bullish on Ferrari Stock in June 2017?
finance.yahoo.com - June 16 at 3:27 PM
msn.com logoFord (F) Partners with Deutsche Post to Manufacture E-Van
www.msn.com - June 15 at 4:20 PM
nasdaq.com logoFerrari N.V. (RACE) Has Fallen To Over A 2-Week Low
www.nasdaq.com - June 15 at 4:20 PM
finance.yahoo.com logo[$$] Inside Formula One's race for global domination
finance.yahoo.com - June 15 at 5:02 AM
americanbankingnews.com logoContrasting Tata Motors (TTM) and Ferrari N.V. (RACE)
www.americanbankingnews.com - June 14 at 12:45 PM
americanbankingnews.com logoFerrari N.V. (RACE) vs. Honda Motor Company (HMC) Critical Contrast
www.americanbankingnews.com - June 12 at 8:54 AM
forbes.com logoFerrari Challenge: A Global Series For Serious Gentleman Racers - Forbes
www.forbes.com - June 8 at 8:25 PM
reuters.com logoMotor racing: Mansell skeptical of Mercedes 'underdogs' claim - Reuters
www.reuters.com - June 8 at 12:26 AM
seekingalpha.com logoFerrari: Multiple Growth Engines - Seeking Alpha
seekingalpha.com - June 6 at 8:32 PM
latimes.com logoRace simulator rides rev up the action at Spain's Ferrari Land - Los Angeles Times
www.latimes.com - June 6 at 8:32 PM
fool.com logoWhy Shares of Ferrari Gained Over 14% Last Month - Motley Fool
www.fool.com - June 2 at 10:24 PM
nasdaq.com logoHow Ferrari (RACE) Stock Stands Out in a Strong Industry - Nasdaq ... - Nasdaq
www.nasdaq.com - June 2 at 10:24 PM
finance.yahoo.com logoWhy Shares of Ferrari Gained Over 14% Last Month
finance.yahoo.com - June 2 at 10:23 PM
americanbankingnews.com logoFerrari (RACE) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - June 2 at 9:00 AM

Social

Chart

Ferrari N.V. (RACE) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff