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.
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Industry, Sector and Symbol
Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Phone39-05-3694-9111
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.22 billion
Profitability
Miscellaneous
Employees4,285
Next Earnings Date5/5/2020 (Estimated)
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 were Ferrari's earnings last quarter?
Ferrari NV (NYSE:RACE) announced its quarterly earnings data on Tuesday, February, 4th. The company reported $0.90 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.02 by $0.12. The company had revenue of $927 million for the quarter, compared to analyst estimates of $917.77 million. Ferrari had a return on equity of 48.53% and a net margin of 18.57%. During the same period in the prior year, the business earned $1.00 earnings per share. View Ferrari's Earnings History.
When is Ferrari's next earnings date?
What guidance has Ferrari issued on next quarter's earnings?
Ferrari updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of EUR 3.90-3.95 for the period, compared to the Thomson Reuters consensus estimate of $4.15. The company issued revenue guidance of EUR 4.1 billion, compared to the consensus revenue estimate of $4.06 billion.
What price target have analysts set for RACE?
10 Wall Street analysts have issued 12 month price targets for Ferrari's stock. Their forecasts range from $143.04 to $225.00. On average, they expect Ferrari's share price to reach $187.84 in the next year. This suggests a possible upside of 20.0% 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?
Press coverage about RACE stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ferrari earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Ferrari.
Are investors shorting Ferrari?
Ferrari saw a decline in short interest during the month of February. As of February 14th, there was short interest totalling 1,790,000 shares, a decline of 11.8% from the January 30th total of 2,030,000 shares. Based on an average trading volume of 315,800 shares, the days-to-cover ratio is currently 5.7 days. Approximately 1.6% of the company's shares are short sold. View Ferrari's Current Options Chain.
Who are some of Ferrari's key competitors?
Some companies that are related to Ferrari include VOLKSWAGEN AG/ADR (VWAGY), Honda Motor (HMC), Daimler (DDAIF), General Motors (GM), VOLVO AB/ADR (VLVLY), Ford Motor (F), PACCAR (PCAR), Fiat Chrysler Automobiles (FCAU), Hyundai Motor (HYMLF), SUBARU CORP/ADR (FUJHY), Nissan Motor (NSANY), PEUGEOT SA/ADR (PUGOY), GEELY AUTOMOBIL/ADR (GELYY), WABCO (WBC) and Tata Motors (TTM).
What other stocks do shareholders of Ferrari own?
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 number of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (7.25%), D1 Capital Partners L.P. (1.37%), FMR LLC (1.02%), Amundi Pioneer Asset Management Inc. (0.91%), Melvin Capital Management LP (0.85%) and Capital World Investors (0.67%).
Which institutional investors are selling Ferrari stock?
RACE stock was sold by a variety of institutional investors in the last quarter, including Melvin Capital Management LP, Renaissance Technologies LLC, Assenagon Asset Management S.A., Russell Investments Group Ltd., New York State Common Retirement Fund, Swiss National Bank, FIL Ltd and Baillie Gifford & Co..
Which institutional investors are buying Ferrari stock?
RACE stock was bought by a variety of institutional investors in the last quarter, including Credit Suisse AG, Pictet Asset Management Ltd., Marshall Wace LLP, Capital World Investors, AXA, Amundi Pioneer Asset Management Inc., Third Point LLC and Point72 Asset Management L.P..
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 $156.55.
How big of a company is Ferrari?
Ferrari has a market capitalization of $29.01 billion and generates $4.22 billion in revenue each year. The company earns $779.32 million in net income (profit) each year or $4.16 on an earnings per share basis. Ferrari employs 4,285 workers across the globe.View Additional Information About Ferrari.
What is Ferrari's official website?
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)
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.
