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NYSE:RACE - Ferrari Stock Price, Forecast & News

$172.48
+0.22 (+0.13 %)
(As of 01/26/2020 04:00 PM ET)
Today's Range
$171.86
Now: $172.48
$174.02
50-Day Range
$163.67
MA: $168.52
$174.29
52-Week Range
$108.84
Now: $172.48
$175.40
Volume195,563 shs
Average Volume308,960 shs
Market Capitalization$32.24 billion
P/E Ratio40.02
Dividend YieldN/A
Beta1.31
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hypercars; Fuori series, one-off, and track cars; and Icona cars. It also provides non-registered racing cars; and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. Read More…

Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
CUSIPN/A
Phone39-05-3694-9111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.04 billion
Cash Flow$5.84 per share
Book Value$8.46 per share

Profitability

Net Income$926.71 million

Miscellaneous

Employees3,851
Market Cap$32.24 billion
Next Earnings Date2/4/2020 (Confirmed)
OptionableOptionable

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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 often does Ferrari pay dividends? What is the dividend yield for Ferrari?

Ferrari announced an annual dividend on Thursday, February 28th. Stockholders of record on Wednesday, April 24th will be given a dividend of $1.1677 per share on Thursday, May 2nd. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Tuesday, April 23rd. This is a positive change from Ferrari's previous annual dividend of $0.88. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari NV (NYSE:RACE) posted its earnings results on Monday, November, 4th. The company reported $0.90 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.93 by $0.03. The company earned $915 million during the quarter, compared to analyst estimates of $889.08 million. Ferrari had a return on equity of 51.17% and a net margin of 19.67%. Ferrari's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.77 EPS. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Ferrari.

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

Ferrari issued an update on its FY19 earnings guidance on Monday, November, 4th. The company provided earnings per share (EPS) guidance of EUR 3.70-3.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.77. The company issued revenue guidance of EUR ~3.7 billion, compared to the consensus revenue estimate of $3.71 billion.

What price target have analysts set for RACE?

10 brokerages have issued 1 year price objectives for Ferrari's stock. Their forecasts range from $143.04 to $225.00. On average, they anticipate Ferrari's share price to reach $183.67 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ferrari.

Has Ferrari been receiving favorable news coverage?

Media coverage about RACE stock has trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ferrari earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Ferrari.

Are investors shorting Ferrari?

Ferrari saw a decline in short interest in December. As of December 31st, there was short interest totalling 2,090,000 shares, a decline of 5.4% from the December 15th total of 2,210,000 shares. Based on an average trading volume of 295,500 shares, the short-interest ratio is presently 7.1 days. Currently, 1.9% of the company's shares are short sold. View Ferrari's Current Options Chain.

Who are some of Ferrari's key competitors?

What other stocks do shareholders of Ferrari own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferrari investors own include Alibaba Group (BABA), NVIDIA (NVDA), Home Depot (HD), Visa (V), Netflix (NFLX), Cisco Systems (CSCO), Paypal (PYPL), Ford Motor (F), General Electric (GE) and Bank of America (BAC).

Who are Ferrari's key executives?

Ferrari's management team includes the folowing people:
  • Mr. Louis C. Camilleri BA, CEO & Exec. Director (Age 64)
  • Mr. Antonio Picca Piccon, Chief Financial Officer
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 48)
  • 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 variety of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.10%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Janney Montgomery Scott LLC (0.01%), Calamos Advisors LLC (0.01%), Mitsubishi UFJ Securities Holdings Co. Ltd. (0.00%) and Assenagon Asset Management S.A. (0.00%).

Which major investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Commerzbank Aktiengesellschaft FI.

Which major investors are buying Ferrari stock?

RACE stock was bought by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank, Calamos Advisors LLC, Sciencast Management LP, Exchange Traded Concepts LLC, Janney Montgomery Scott LLC, Advisor Partners LLC, Mitsubishi UFJ Securities Holdings Co. Ltd. and Huntington National Bank.

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, Robinhood, Fidelity and Charles Schwab.

What is Ferrari's stock price today?

One share of RACE stock can currently be purchased for approximately $172.48.

How big of a company is Ferrari?

Ferrari has a market capitalization of $32.24 billion and generates $4.04 billion in revenue each year. The company earns $926.71 million in net income (profit) each year or $4.02 on an earnings per share basis. Ferrari employs 3,851 workers across the globe.View Additional Information About Ferrari.

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 39-05-3694-9111.


MarketBeat Community Rating for Ferrari (NYSE RACE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  448 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  823
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 1/26/2020 by MarketBeat.com Staff

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