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

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$136.34 -3.14 (-2.25 %)
(As of 06/25/2018 03:31 PM ET)
Previous Close$137.61
Today's Range$135.50 - $137.70
52-Week Range$84.38 - $149.85
Volume11,792 shs
Average Volume386,546 shs
Market Capitalization$26.36 billion
P/E Ratio42.69
Dividend Yield0.49%
Beta1.4
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 Ratio42.69
Forward P/E Ratio37.05
P/E Growth2.19

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales6.67
Cash Flow$4.6612 per share
Price / Cash29.25
Book Value$4.69 per share
Price / Book29.07

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

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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 NV (NYSE:RACE) issued its quarterly earnings results on Thursday, May, 3rd. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.10. The firm had revenue of $831 million for the quarter, compared to analysts' expectations of $835.47 million. Ferrari had a net margin of 16.44% and a return on equity of 79.32%. Ferrari's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm 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?

8 brokerages have issued 1 year price targets for Ferrari's stock. Their forecasts range from $105.00 to $160.00. On average, they anticipate Ferrari's share price to reach $132.00 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 stories about RACE stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ferrari earned a news impact score of 0.08 on Accern's scale. They also assigned news articles about the company an impact score of 45.95 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Ferrari's major shareholders?

Ferrari's stock is owned by a variety of 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 major 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 major investors are buying Ferrari stock?

RACE stock was bought 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 $136.34.

How big of a company is Ferrari?

Ferrari has a market capitalization of $26.36 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:  307 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  521
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 6/25/2018 by MarketBeat.com Staff

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