NYSE:RACE - Ferrari Stock Price, Price Target & More

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$131.19 -0.25 (-0.19 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$131.44
Today's Range$129.89 - $131.96
52-Week Range$84.38 - $141.56
Volume212,694 shs
Average Volume497,165 shs
Market Capitalization$24.81 billion
P/E Ratio41.17
Dividend Yield0.52%
Beta1.39

About Ferrari (NYSE:RACE)

Ferrari logoFerrari 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
SymbolNYSE:RACE
CUSIPN/A
Phone00390536949111

Debt

Debt-to-Equity Ratio2.03
Current Ratio3.17
Quick Ratio2.56

Price-To-Earnings

Trailing P/E Ratio41.17
Forward P/E Ratio36.85
P/E Growth2.13

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales6.42
Cash Flow$4.7653 per share
Price / Cash27.53
Book Value$5.84 per share
Price / Book22.46

Profitability

EPS (Most Recent Fiscal Year)$3.19
Net Income$605.15 million
Net Margins16.44%
Return on Equity79.32%
Return on Assets13.77%

Miscellaneous

Employees3,380
Outstanding Shares188,950,000

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 were Ferrari's earnings last quarter?

Ferrari (NYSE:RACE) posted its quarterly earnings results on Thursday, May, 3rd. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.10. The firm earned $831 million during the quarter, compared to the consensus estimate of $835.47 million. Ferrari had a net margin of 16.44% and a return on equity of 79.32%. Ferrari's revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Ferrari.

What price target have analysts set for RACE?

9 equities research analysts have issued 1 year price objectives for Ferrari's stock. Their forecasts range from $100.00 to $160.00. On average, they anticipate Ferrari's stock price to reach $127.4286 in the next year. View Analyst Ratings for Ferrari.

Who are some of Ferrari's key competitors?

Who are Ferrari's key executives?

Ferrari's management team includes the folowing people:
  • Mr. Sergio Marchionne, Chairman & CEO (Age 66)
  • Mr. Alessandro Gili, Chief Financial Officer (Age 47)
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 47)
  • Mr. Enrico Galliera, Chief Marketing & Commercial Officer (Age 52)
  • Mr. Michele Antoniazzi, Chief HR Officer (Age 49)

Has Ferrari been receiving favorable news coverage?

Media headlines about RACE stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ferrari earned a news sentiment score of 0.18 on Accern's scale. They also gave media headlines about the company an impact score of 44.78 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Ferrari's major shareholders?

Ferrari's stock is owned by many different of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.75%), AKO Capital LLP (2.10%), Winslow Capital Management LLC (0.78%), Amundi Pioneer Asset Management Inc. (0.61%), WCM Investment Management CA (0.60%) and JPMorgan Chase & Co. (0.43%). View Institutional Ownership Trends for Ferrari.

Which institutional investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including AKO Capital LLP, JPMorgan Chase & Co., Baillie Gifford & Co., Wells Fargo & Company MN, Winslow Capital Management LLC, A.R.T. Advisors LLC, FIL Ltd and Royal Bank of Canada. View Insider Buying and Selling for Ferrari.

Which institutional investors are buying Ferrari stock?

RACE stock was acquired by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Jane Street Group LLC, OppenheimerFunds Inc., Jupiter Asset Management Ltd., Lord Abbett & CO. LLC, WCM Investment Management CA, Fiera Capital Corp and Northern Trust Corp. View Insider Buying and Selling for Ferrari.

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 $131.19.

How big of a company is Ferrari?

Ferrari has a market capitalization of $24.81 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.

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 (RACE)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  505
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.

Analyst Ratings

Ferrari (NYSE:RACE) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
9 Wall Street analysts have issued ratings and price targets for Ferrari in the last 12 months. Their average twelve-month price target is $127.4286, suggesting that the stock has a possible downside of 2.87%. The high price target for RACE is $160.00 and the low price target for RACE is $100.00. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.442.402.402.44
Ratings Breakdown: 1 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $127.4286$125.8571$116.00$109.50
Price Target Upside: 2.87% downside1.24% upside6.28% downside0.64% upside

Ferrari (NYSE:RACE) Consensus Price Target History

Price Target History for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/25/2018Goldman Sachs GroupInitiated CoverageNeutralLowView Rating Details
5/22/2018Morgan StanleyBoost Price TargetUnderweight ➝ Underweight$105.00 ➝ $110.00LowView Rating Details
5/4/2018Credit Suisse GroupBoost Price TargetOutperform ➝ Outperform$150.00 ➝ $156.00LowView Rating Details
2/26/2018UBSReiterated RatingBuy$129.00 ➝ $160.00LowView Rating Details
12/11/2017HSBCInitiated CoverageHold ➝ HoldLowView Rating Details
12/8/2017Jefferies GroupBoost Price TargetBuy$130.00LowView Rating Details
9/1/2017Evercore ISIBoost Price TargetIn ➝ In-Line$46.00 ➝ $105.00MediumView Rating Details
8/14/2017Berenberg BankReiterated RatingBuyLowView Rating Details
6/16/2017Bank of AmericaReiterated RatingBuy$90.00 ➝ $100.00LowView Rating Details
5/15/2017Kepler Capital MarketsReiterated RatingHoldN/AView Rating Details
3/23/2017CitigroupUpgradeNeutral ➝ BuyLowView Rating Details
10/13/2016Societe GeneraleInitiated CoverageSell$45.00N/AView Rating Details
(Data available from 5/25/2016 forward)

Earnings

Ferrari (NYSE:RACE) Earnings History and Estimates Chart

Earnings by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Earnings Estimates

Current Year EPS Consensus Estimate: $3.56 EPS
Next Year EPS Consensus Estimate: $3.9 EPS

Ferrari (NYSE RACE) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2018N/AView Earnings Details
5/3/20183/31/2018$0.88$0.78$835.47 million$831.00 millionViewN/AView Earnings Details
2/1/2018Not Specified$0.87$0.84$869.74 million$840.00 millionViewListenView Earnings Details
11/2/2017Q3 2017$0.72$0.87$982.08 millionViewN/AView Earnings Details
8/2/20176/30/2017$0.66$0.79$1.0118 billionViewListenView Earnings Details
5/4/2017Q1 2017$0.53$0.69$789.36 million$874.09 millionViewN/AView Earnings Details
2/2/2017Q4 2016$0.53$0.74$902.21 millionViewN/AView Earnings Details
11/7/2016Q316$0.53$0.59$826.93 million$783.00 millionViewListenView Earnings Details
8/2/2016Q2 2016$0.46$0.61$900.62 millionViewN/AView 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
(Earnings results data provided by Zacks Investment Research)

Dividends

Ferrari (NYSE:RACE) Dividend Information

Ferrari pays an annual dividend of $0.68 per share, with a dividend yield of 0.52%. RACE's most recent annual dividend payment was Tuesday, May 2. Ferrari pays out 21.32% of its earnings out as a dividend.
Most Recent Dividend:5/2/2017
Annual Dividend:$0.68
Dividend Yield:0.52%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio(s):21.32% (Trailing 12 Months of Earnings)
19.10% (Based on This Year's Estimates)
17.44% (Based on Next Year's Estimates)
14.27% (Based on Cash Flow)
Dividend Payments by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017Annual$0.67124/24/20174/26/20175/2/2017
2/19/2016Annual$0.51155/23/20165/24/20165/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Ferrari (NYSE RACE) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 32.13%
Insider Trading History for Ferrari (NYSE:RACE)
Institutional Ownership by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE RACE) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Ferrari (NYSE RACE) News Headlines

Source:
DateHeadline
Ferrari (RACE) Now Covered by Goldman Sachs GroupFerrari (RACE) Now Covered by Goldman Sachs Group
www.americanbankingnews.com - May 25 at 1:43 PM
Flavio Manzoni: The man who made modern FerrariFlavio Manzoni: The man who made modern Ferrari
www.theglobeandmail.com - May 25 at 9:35 AM
New Ferrari is out of the companys most exclusive unitsNew Ferrari is out of the company's most exclusive units
finance.yahoo.com - May 24 at 4:18 PM
ALSN vs. RACE: Which Stock Is the Better Value Option?ALSN vs. RACE: Which Stock Is the Better Value Option?
finance.yahoo.com - May 24 at 4:18 PM
Comparing Ferrari (RACE) and Volkswagen Group (VLKAY)Comparing Ferrari (RACE) and Volkswagen Group (VLKAY)
www.americanbankingnews.com - May 24 at 12:42 PM
Week 22 Update: Key Technical Levels in Ferrari StockWeek 22 Update: Key Technical Levels in Ferrari Stock
finance.yahoo.com - May 23 at 4:13 PM
5 Auto Stocks to Buy as China Reduces Import Tariffs on Cars5 Auto Stocks to Buy as China Reduces Import Tariffs on Cars
finance.yahoo.com - May 22 at 4:15 PM
Ford Stock Stays in Positive Territory for 3rd Consecutive MonthFord Stock Stays in Positive Territory for 3rd Consecutive Month
finance.yahoo.com - May 22 at 4:15 PM
AutoZone's (AZO) Q3 Earnings Beat Estimates, Revenues MissAutoZone's (AZO) Q3 Earnings Beat Estimates, Revenues Miss
finance.yahoo.com - May 22 at 4:15 PM
Ferrari (RACE) Given New $110.00 Price Target at Morgan StanleyFerrari (RACE) Given New $110.00 Price Target at Morgan Stanley
www.americanbankingnews.com - May 22 at 10:56 AM
Ferrari Shares Defy Gravity As Profits And Sales Race AheadFerrari Shares Defy Gravity As Profits And Sales Race Ahead
www.forbes.com - May 22 at 9:30 AM
Ferrari (RACE) Given Average Recommendation of "Buy" by AnalystsFerrari (RACE) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 20 at 11:33 AM
Zacks: Analysts Anticipate Ferrari (RACE) to Post $0.89 Earnings Per ShareZacks: Analysts Anticipate Ferrari (RACE) to Post $0.89 Earnings Per Share
www.americanbankingnews.com - May 19 at 11:15 PM
Analyzing Ferrari (RACE) & Toyota (TM)Analyzing Ferrari (RACE) & Toyota (TM)
www.americanbankingnews.com - May 19 at 10:44 AM
FERRARI: Ferrari to annunce a new CFOFERRARI: Ferrari to annunce a new CFO
finance.yahoo.com - May 18 at 11:01 AM
WSJ Wealth Adviser Briefing: Blockchain, Rising Dollar, Fake FerrariWSJ Wealth Adviser Briefing: Blockchain, Rising Dollar, Fake Ferrari
blogs.wsj.com - May 16 at 10:24 AM
Honda to Invest $30M in Ohio Facilities to Boost ProductionHonda to Invest $30M in Ohio Facilities to Boost Production
finance.yahoo.com - May 15 at 4:13 PM
Could Ferrari Stock Inch Up beyond Analysts’ Consensus Target?Could Ferrari Stock Inch Up beyond Analysts’ Consensus Target?
finance.yahoo.com - May 14 at 11:07 AM
Ford’s Big Sedan Shake-UpFord’s Big Sedan Shake-Up
finance.yahoo.com - May 12 at 4:13 PM
How Ferrari’s Valuation Multiples Are Trending after 1Q18 ResultsHow Ferrari’s Valuation Multiples Are Trending after 1Q18 Results
finance.yahoo.com - May 11 at 10:51 AM
Aston Martin Targets Ferrari With Ultra-Luxury Lagonda Electric SUVAston Martin Targets Ferrari With Ultra-Luxury Lagonda Electric SUV
fortune.com - May 10 at 4:16 PM
The Art of Faking a FerrariThe Art of Faking a Ferrari
www.wsj.com - May 10 at 4:16 PM
How a Mighty V12 Engine Powered Ferrari's Huge First-Quarter Profit MarginHow a Mighty V12 Engine Powered Ferrari's Huge First-Quarter Profit Margin
finance.yahoo.com - May 10 at 4:16 PM
Ferrari’s UK Performance in 1Q18Ferrari’s UK Performance in 1Q18
finance.yahoo.com - May 10 at 4:16 PM
Superior Industries' (SUP) Q1 Earnings and Revenues BeatSuperior Industries' (SUP) Q1 Earnings and Revenues Beat
finance.yahoo.com - May 10 at 9:56 AM
A Closer Look at Ferrari’s European Performance in 1Q18A Closer Look at Ferrari’s European Performance in 1Q18
finance.yahoo.com - May 10 at 9:56 AM
Ford's (F) Plan to Exit Sedan Hits Mexican Vehicle OutputFord's (F) Plan to Exit Sedan Hits Mexican Vehicle Output
finance.yahoo.com - May 9 at 4:18 PM
Ferrari Stock Keeps Reaching New Heights after 1Q18 ResultsFerrari Stock Keeps Reaching New Heights after 1Q18 Results
finance.yahoo.com - May 9 at 4:18 PM
Aston Martin Targets Ferrari With High-End Electric SUVAston Martin Targets Ferrari With High-End Electric SUV
finance.yahoo.com - May 9 at 4:18 PM
Walk in your gun, drive off in a FerrariWalk in your gun, drive off in a Ferrari
www.cnn.com - May 9 at 9:45 AM
Formula E CEO Makes Bid for CompanyFormula E CEO Makes Bid for Company
finance.yahoo.com - May 9 at 9:45 AM
See what the IHS Markit Score report has to say about Ferrari NV.See what the IHS Markit Score report has to say about Ferrari NV.
finance.yahoo.com - May 9 at 9:45 AM
Ferrari (RACE) Upgraded by Zacks Investment Research to "Buy"Ferrari (RACE) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - May 8 at 3:33 PM
Ferrari Theme-Park Builder Gets Bigger With $1 Billion PurchaseFerrari Theme-Park Builder Gets Bigger With $1 Billion Purchase
www.bloomberg.com - May 7 at 10:11 AM
Ferrari (RACE) Rating Lowered to Sell at Zacks Investment ResearchFerrari (RACE) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 5 at 3:44 PM
Ferraris Stock Is Just Like Its Cars: A Sexy BeastFerrari's Stock Is Just Like Its Cars: A Sexy Beast
finance.yahoo.com - May 4 at 4:18 PM
Motor racing-Agag makes 600m euro bid for Formula EMotor racing-Agag makes 600m euro bid for Formula E
finance.yahoo.com - May 4 at 4:18 PM
Ferrari (RACE) PT Raised to $156.00Ferrari (RACE) PT Raised to $156.00
www.americanbankingnews.com - May 4 at 3:50 PM
Ferrari shares hit record high in Milan after automaker posted solid earningsFerrari shares hit record high in Milan after automaker posted solid earnings
www.cnbc.com - May 4 at 12:47 PM
In car-obsessed L.A. area, David Lee spent $1 million to update an infamous FerrariIn car-obsessed L.A. area, David Lee spent $1 million to update an infamous Ferrari
www.latimes.com - May 4 at 11:31 AM
European stocks higher ahead of US payrolls data; Ferrari up 7%European stocks higher ahead of US payrolls data; Ferrari up 7%
www.cnbc.com - May 4 at 9:34 AM
Edited Transcript of RACE earnings conference call or presentation 3-May-18 3:00pm GMTEdited Transcript of RACE earnings conference call or presentation 3-May-18 3:00pm GMT
finance.yahoo.com - May 4 at 9:34 AM
Today’s Research Reports on Stocks to Watch: Tesla and FerrariToday’s Research Reports on Stocks to Watch: Tesla and Ferrari
finance.yahoo.com - May 4 at 9:34 AM
Ferrari CEO says that nearly all cars will be hybrids by 2022Ferrari CEO says that nearly all cars will be hybrids by 2022
www.businessinsider.com - May 3 at 4:15 PM
Ferrari first-quarter core earnings rise 13 percentFerrari first-quarter core earnings rise 13 percent
www.reuters.com - May 3 at 4:15 PM
Ferrari Stock at All-Time High after 1Q18 Earnings BeatFerrari Stock at All-Time High after 1Q18 Earnings Beat
finance.yahoo.com - May 3 at 4:15 PM
Ferrari (RACE) Announces  Earnings ResultsFerrari (RACE) Announces Earnings Results
www.americanbankingnews.com - May 3 at 3:16 PM
Form 6-K Ferrari NV For: May 03Form 6-K Ferrari NV For: May 03
www.streetinsider.com - May 3 at 9:38 AM
FERRARI: KICKING OFF 2018 WITH ANOTHER RECORD QUARTER ON THE WAY TO ANOTHER GREAT YEARFERRARI: KICKING OFF 2018 WITH ANOTHER RECORD QUARTER ON THE WAY TO ANOTHER GREAT YEAR
globenewswire.com - May 3 at 9:38 AM
Dear Team: We’re Sorry We Crashed Our $15 Million F1 CarsDear Team: We’re Sorry We Crashed Our $15 Million F1 Cars
finance.yahoo.com - May 2 at 9:39 AM

SEC Filings

Ferrari (NYSE:RACE) SEC Filings

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Social Media

Financials

Ferrari (NYSE:RACE) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Ferrari (NYSE RACE) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff

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