NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis $413.80 +7.88 (+1.94%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$408.48▼$415.8450-Day Range$406.24▼$435.1752-Week Range$285.02▼$442.80Volume175,930 shsAverage Volume269,976 shsMarket CapitalizationN/AP/E Ratio52.85Dividend YieldN/APrice Target$461.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Ferrari alerts: Email Address Ferrari MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside11.6% Upside$461.67 Price TargetShort InterestHealthy1.39% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.31Based on 29 Articles This WeekInsider TradingN/AProj. Earnings Growth10.80%From $8.24 to $9.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.65 out of 5 stars 2.2 Analyst's Opinion Consensus RatingFerrari has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageFerrari has only been the subject of 2 research reports in the past 90 days.Read more about Ferrari's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.39% of the float of Ferrari has been sold short.Short Interest Ratio / Days to CoverFerrari has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in Ferrari has recently decreased by 8.20%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldFerrari does not currently pay a dividend.Dividend GrowthFerrari does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Ferrari will have a dividend payout ratio of 28.70% next year. This indicates that Ferrari will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RACE. Previous Next 2.4 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 29 news articles for Ferrari this week, compared to 34 articles on an average week.Search Interest16 people have searched for RACE on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days.MarketBeat Follows17 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is an increase of 113% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ferrari insiders have not sold or bought any company stock.Read more about Ferrari's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ferrari are expected to grow by 10.80% in the coming year, from $8.24 to $9.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ferrari is 52.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 52.85, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.63.Price to Earnings Growth RatioFerrari has a PEG Ratio of 4.87. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 27.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Ferrari's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressNew trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! About Ferrari Stock (NYSE:RACE)Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.Read More RACE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RACE Stock News HeadlinesJuly 26 at 3:58 PM | nytimes.comSigning Lewis Hamilton is just the start of Ferrari’s push to return to its F1 glory daysJuly 26 at 3:58 PM | msn.comThese Are The Crashes That Will Haunt Racing Fans ForeverJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 26 at 3:58 PM | benzinga.comFerrari Executive Targeted By Deepfake Scam: ReportJuly 26 at 8:10 AM | msn.comFerrari star issues DESPERATE plea ahead of Belgian GPJuly 26 at 8:10 AM | msn.comCharles Leclerc gives a bittersweet assessment of Ferrari compared to McLaren heading into the Belgian GPJuly 25 at 7:40 PM | forbes.comBruno Senna Talks About McLaren’s Racing And Road CarsJuly 25 at 7:40 PM | msn.comOcon to race for Haas next season, first winner to join teamJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 7:40 PM | msn.comMotor racing-Sainz still weighing up his future, will remain in F1July 25 at 7:03 PM | insidebitcoins.comDogecoin Price Plunges 5% As Ferrari Adopts Crypto Payments In Europe And Traders Pivot To This SHIB P2E Presale For 100X PotentialJuly 25 at 2:47 PM | investorplace.com3 Stocks With Clear Upside Potential for the FutureJuly 25 at 3:56 AM | americanbankingnews.comFerrari (RACE) Set to Announce Earnings on ThursdayJuly 24 at 1:13 PM | msn.comMotor racing-Formula One statistics for the Belgian Grand PrixJuly 24 at 8:13 AM | barrons.comFormer Ferrari Chief Mattia Binotto To Head Audi F1 ProjectJuly 24 at 8:13 AM | ca.sports.yahoo.comFerrari Racing Days in PhotosJuly 24 at 8:13 AM | msn.com"I don't think that on paper we are favorites anywhere": Charles Leclerc offers hopeless picture of Ferrari's future this seasonJuly 24 at 5:27 AM | reuters.comFerrari extends cryptocurrency payment system to Europe after US launchSee More Headlines Receive RACE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ferrari and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/3 Dividend4/22/2024Dividend Payable5/03/2024Last Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Motor vehicles & car bodies Sub-IndustryAutomobiles And Trucks Current SymbolNYSE:RACE CUSIPN/A CIK1648416 Webwww.ferrari.com Phone390536949111FaxN/AEmployees4,988Year Founded1947Price Target and Rating Average Stock Price Target$461.67 High Stock Price Target$512.00 Low Stock Price Target$400.00 Potential Upside/Downside+12.4%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.83 Trailing P/E Ratio52.48 Forward P/E Ratio49.87 P/E Growth4.87Net Income$1.36 billion Net Margins21.42% Pretax Margin27.14% Return on Equity43.94% Return on Assets16.10% Debt Debt-to-Equity Ratio0.80 Current Ratio4.18 Quick Ratio3.25 Sales & Book Value Annual Sales$6.46 billion Price / SalesN/A Cash Flow$8.41 per share Price / Cash Flow48.83 Book Value$14.84 per share Price / Book27.69Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.99 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. John Jacob Philip Elkann (Age 48)Executive Chairman Comp: $1.64MMr. Benedetto Vigna (Age 55)CEO & Executive Director Comp: $5.09MMr. Antonio Picca Piccon (Age 60)Chief Financial Officer Mr. Davide Abate (Age 40)Chief Technologies & Infrastructures Officer Ms. Nicoletta RussoHead of Investor RelationsMr. Carlo Daneo (Age 56)General Counsel Mr. Marco Lovati (Age 52)Chief Internal Audit, Risk and Compliance Officer Ms. Francesca Montini (Age 45)Chief Communications Officer Mr. Enrico Galliera (Age 58)Chief Marketing & Commercial Officer Mr. Michele Antoniazzi (Age 55)Chief Human Resources Officer More ExecutivesKey CompetitorsCanooNASDAQ:GOEVWMagna InternationalNYSE:MGALucid GroupNASDAQ:LCIDZEEKR Intelligent TechnologyNYSE:ZKVisteonNASDAQ:VCView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 2,700 shares on 7/26/2024Ownership: 0.000%Cambridge Investment Research Advisors Inc.Sold 94 shares on 7/26/2024Ownership: 0.000%Verdence Capital Advisors LLCSold 28 shares on 7/26/2024Ownership: 0.000%Atomi Financial Group Inc.Bought 239 shares on 7/26/2024Ownership: 0.000%AlphaStar Capital Management LLCSold 115 shares on 7/26/2024Ownership: 0.000%View All Institutional Transactions RACE Stock Analysis - Frequently Asked Questions How have RACE shares performed this year? Ferrari's stock was trading at $338.43 at the beginning of the year. Since then, RACE stock has increased by 22.3% and is now trading at $413.80. View the best growth stocks for 2024 here. How were Ferrari's earnings last quarter? Ferrari (NYSE:RACE) issued its quarterly earnings data on Tuesday, May, 7th. The company reported $2.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.08. The firm had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.73 billion. Ferrari had a net margin of 21.42% and a trailing twelve-month return on equity of 43.94%. Does Ferrari have any subsidiaries? Ferrari subsidiaries include these companies: Ferrari Australasia Pty Limited, Ferrari Central Europe GmbH (1), Ferrari Far East Pte Limited, Ferrari Financial Services Inc., Ferrari (HK) Limited, Ferrari International Cars Trading (Shanghai) Co. L.t.d., Ferrari Japan KK, and others. Who are Ferrari's major shareholders? Ferrari's top institutional investors include Baillie Gifford & Co., Bank of New York Mellon Corp, Allspring Global Investments Holdings LLC and Sumitomo Mitsui Trust Holdings Inc.. How do I buy shares of Ferrari? Shares of RACE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ferrari own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ferrari investors own include Alibaba Group (BABA), NVIDIA (NVDA), Home Depot (HD), Intel (INTC), Netflix (NFLX), Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM). This page (NYSE:RACE) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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