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

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$104.10 -1.32 (-1.25 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$105.42
Today's Range$103.75 - $105.93
52-Week Range$102.37 - $149.85
Volume483,402 shs
Average Volume632,862 shs
Market Capitalization$19.83 billion
P/E Ratio32.63
Dividend YieldN/A
Beta1.4
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

Stock Exchange NYSE
Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNYSE:RACE
Previous Symbol
CUSIPN/A
Phone00390536949111

Debt

Debt-to-Equity Ratio1.53
Current Ratio4.05
Quick Ratio3.40

Price-To-Earnings

Trailing P/E Ratio32.63
Forward P/E Ratio29.16
P/E Growth1.81

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales5.10
Cash Flow$4.7297 per share
Price / Cash Flow22.01
Book Value$4.69 per share
Price / Book22.20

Profitability

EPS (Most Recent Fiscal Year)$3.19
Net Income$605.15 million
Net Margins21.34%
Return on Equity62.07%
Return on Assets13.62%

Miscellaneous

Employees3,380
Outstanding Shares188,950,000
Market Cap$19.83 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 yield of 0.64%. The ex-dividend date is Monday, April 23rd. This is a positive change 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 earnings results on Monday, November, 5th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.88 by $0.02. The business earned $838 million during the quarter, compared to analysts' expectations of $864.50 million. Ferrari had a net margin of 21.34% and a return on equity of 62.07%. The business's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.74 EPS. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Ferrari.

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

Ferrari updated its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.876-3.876 billion, compared to the consensus revenue estimate of $3.96 billion.

What price target have analysts set for RACE?

7 brokers have issued 1 year target prices for Ferrari's stock. Their forecasts range from $130.00 to $160.00. On average, they anticipate Ferrari's stock price to reach $147.50 in the next year. This suggests a possible upside of 41.7% from the stock's current price. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 4 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?

Media stories about RACE stock have trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ferrari earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company'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 63)
  • Mr. Antonio Picca Piccon, Chief Financial Officer
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 47)
  • 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 number of of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.54%), Vanguard Group Inc. (1.88%), Vanguard Group Inc (1.88%), AKO Capital LLP (1.77%), Canada Pension Plan Investment Board (1.46%) and Winslow Capital Management LLC (1.23%).

Which institutional investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Deutsche Bank AG, AKO Capital LLP, Baillie Gifford & Co., FIL Ltd, Russell Investments Group Ltd., GAM Holding AG and Ardevora Asset Management LLP.

Which institutional investors are buying Ferrari stock?

RACE stock was bought by a variety of institutional investors in the last quarter, including Winslow Capital Management LLC, Marshall Wace LLP, FMR LLC, Canada Pension Plan Investment Board, The Manufacturers Life Insurance Company , Rehmann Capital Advisory Group, Marshall Wace North America L.P. and Zweig DiMenna Associates LLC.

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 $104.10.

How big of a company is Ferrari?

Ferrari has a market capitalization of $19.83 billion and generates $3.86 billion in revenue each year. The company earns $605.15 million in net income (profit) each year or $3.19 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:  375 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  669
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 12/13/2018 by MarketBeat.com Staff

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