Ferrari NV, known as New Business Netherlands NV, is an Italy-based company, incorporated in the Netherlands, that is engaged in designing, manufacturing and selling sports cars under the Ferrari brand. Its products include nine sports car models, including seven sports cars: 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A; as well as two grand tourer (GT) cars: California T and FF. In addition, the Company produces a limited edition supercar, LaFerrari, and limited series and one-off cars. It licenses its Ferrari brand to various produces and retailers of goods. The Company divides its regional markets in EMEA (Europe, the Middle East, India and Africa), Americas, Greater China and Rest of APAC (Asia-Pacific region, excluding Greater China). The Company is active in over 60 markets worldwide through a network of 182 authorized dealers operating 204 points of sale. The Company operates as a subsidiary of Fiat Chrysler Automobiles NV.
Industry, Sector and Symbol:
- Sector: Auto/Tires/Trucks
- Industry: Auto Manufacturers - Major
- Sub-Industry: N/A
- Symbol: NYSE:RACE
- CUSIP: N/A
- Web: www.ferrari.com
Capitalization:- Market Cap: $21.0707 billion
- Outstanding Shares: 188,953,000
Average Prices:- 50 Day Moving Avg: $101.78
- 200 Day Moving Avg: $82.73
- 52 Week Range: $46.39 - $112.92
P/E:- Trailing P/E Ratio: 37.63
- Foreward P/E Ratio: 34.20
- P/E Growth: 2.31
Sales & Book Value:- Annual Revenue: $3.95 billion
- Price / Sales: 5.40
- Book Value: $3.17 per share
- Price / Book: 35.60
Dividend:- Annual Dividend: $0.68
- Dividend Yield: 0.6%
Profitability:- EBIDTA: $1.07 billion
- Net Margins: 14.43%
- Return on Equity: 128.49%
- Return on Assets: 12.46%
Debt:- Debt-to-Equity Ratio: 3.41%
- Current Ratio: 2.96%
- Quick Ratio: 2.38%
Misc:- Average Volume: 713,750 shs.
- Beta: 1.82
- Short Ratio: 4.2
Frequently Asked Questions for Ferrari N.V. (NYSE:RACE)
What is Ferrari N.V.'s stock symbol?
Ferrari N.V. trades on the New York Stock Exchange (NYSE) under the ticker symbol "RACE."
How often does Ferrari N.V. pay dividends? What is the dividend yield for Ferrari N.V.?
Ferrari N.V. declared an annual dividend on Wednesday, March 1st. Shareholders of record on Wednesday, April 26th will be given a dividend of $0.6712 per share on Tuesday, May 2nd. The ex-dividend date is Monday, April 24th. View Ferrari N.V.'s Dividend History.
How were Ferrari N.V.'s earnings last quarter?
Ferrari N.V. (NYSE:RACE) announced its earnings results on Wednesday, August, 2nd. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.13. The business had revenue of $1.01 billion for the quarter. Ferrari N.V. had a net margin of 14.43% and a return on equity of 128.49%. View Ferrari N.V.'s Earnings History.
When will Ferrari N.V. make its next earnings announcement?
Where is Ferrari N.V.'s stock going? Where will Ferrari N.V.'s stock price be in 2017?
8 analysts have issued 1 year target prices for Ferrari N.V.'s stock. Their predictions range from $45.00 to $100.00. On average, they expect Ferrari N.V.'s share price to reach $78.25 in the next twelve months. View Analyst Ratings for Ferrari N.V..
What are analysts saying about Ferrari N.V. stock?
Here are some recent quotes from research analysts about Ferrari N.V. stock:
- 1. According to Zacks Investment Research, "Ferrari N.V. is engaged in designing, manufacturing and selling sports cars. Its products include sports car models consists of 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A as well as two grand tourer (GT) cars: California T and FF. The Company also produces a limited edition supercar, LaFerrari and limited series and one-off cars. It operates primarily in Europe, the Middle East, India, Africa, Americas, Greater China and Rest of Asia-Pacific region. Ferrari N.V. is headquartered in Maranello, Italy. " (7/22/2017)
- 2. Jefferies Group LLC analysts commented, "We initiate coverage with a BUY rating and '70/$74PT. Ferrari should grow EPS at twice the pace of revenue in the coming 5 years given mix trends and latent operating leverage. We also think capital intensity is misunderstood and that returns already exceed the best in luxury goods. The investment case is not without risks, from F1 to diversification, but these also offer meaningful upside." (3/13/2017)
Who are some of Ferrari N.V.'s key competitors?
Some companies that are related to Ferrari N.V. include Ford Motor Company (F), Nissan Motor Co Ltd (NSANY), Denso Corp. (DNZOY), Fuji Heavy Industries (FUJHY), Cummins (CMI), Delphi Automotive PLC (DLPH), MICHELIN (CGDE) (MGDDY), PACCAR (PCAR), Tata Motors Ltd (TTM), Fiat Chrysler Automobiles N.V. (FCAU), Magna International (MGA), Valeo S.A. (VLEEY), Genuine Parts Company (GPC), LKQ Corporation (LKQ), Lear Corporation (LEA), BorgWarner (BWA), Autoliv (ALV) and Harley-Davidson (HOG).
Who owns Ferrari N.V. stock?
Ferrari N.V.'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (8.23%), AKO Capital LLP (2.56%), Vanguard Group Inc. (1.66%), JPMorgan Chase & Co. (0.66%), Bank of Italy (0.51%) and Bank of New York Mellon Corp (0.43%). View Institutional Ownership Trends for Ferrari N.V..
Who sold Ferrari N.V. stock? Who is selling Ferrari N.V. stock?
Ferrari N.V.'s stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Arrowstreet Capital Limited Partnership, AKO Capital LLP, JPMorgan Chase & Co., Capital Research Global Investors, Goldman Sachs Group Inc., CNH Partners LLC and Permian Investment Partners LP. View Insider Buying and Selling for Ferrari N.V..
Who bought Ferrari N.V. stock? Who is buying Ferrari N.V. stock?
Ferrari N.V.'s stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital Growth Management LP, Victory Capital Management Inc., Mckinley Capital Management LLC Delaware, Koch Industries Inc., FMR LLC, Conatus Capital Management LP and AXA. View Insider Buying and Selling for Ferrari N.V..
How do I buy Ferrari N.V. stock?
Shares of Ferrari N.V. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ferrari N.V.'s stock price today?
One share of Ferrari N.V. stock can currently be purchased for approximately $112.85.
MarketBeat Community Rating for Ferrari N.V. (NYSE RACE)MarketBeat's community ratings are surveys of what our community members think about Ferrari N.V. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Ferrari N.V. (NYSE:RACE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 2 Hold Ratings, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $78.25 (30.66% downside) |
Analysts' Ratings History for Ferrari N.V. (NYSE:RACE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/14/2017 | Berenberg Bank | Reiterated Rating | Buy | | Low |  |
| 6/16/2017 | Bank of America Corporation | Reiterated Rating | Buy | $90.00 -> $100.00 | Low | |
| 5/15/2017 | Kepler Capital Markets | Reiterated Rating | Hold | | N/A | |
| 5/8/2017 | Morgan Stanley | Lower Price Target | Overweight | $100.00 -> $72.00 | Low | |
| 5/6/2017 | Jefferies Group LLC | Set Price Target | Buy | $74.00 -> $96.00 | Low | |
| 3/23/2017 | Citigroup Inc. | Upgrade | Neutral -> Buy | | Low | |
| 11/8/2016 | Evercore ISI | Upgrade | Sell -> Hold | | N/A | |
| 10/13/2016 | Societe Generale | Initiated Coverage | Sell | $45.00 | N/A | |
| 4/19/2016 | J P Morgan Chase & Co | Reiterated Rating | Neutral | $46.00 -> $51.00 | N/A | |
| 2/18/2016 | Banca Akros | Initiated Coverage | Buy | | N/A | |
| 1/20/2016 | Barclays PLC | Initiated Coverage | Hold | | N/A | |
| 11/16/2015 | Mediobanca SpA | Initiated Coverage | Outperform | $64.00 | N/A | |
| 11/16/2015 | BNP Paribas | Initiated Coverage | Underperform | $46.00 | N/A | |
(Data available from 8/22/2015 forward)
Earnings History for Ferrari N.V. (NYSE:RACE)Earnings History by Quarter for Ferrari N.V. (NYSE RACE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | $0.77 | | | | | N/A | |
| 8/2/2017 | 6/30/2017 | $0.66 | $0.79 | | $1.01 billion | View | Listen | |
| 11/7/2016 | Q316 | $0.53 | $0.59 | $826.93 million | $783.00 million | View | Listen | |
| 5/2/2016 | Q116 | $0.30 | $0.41 | $648.56 million | $675.00 million | View | Listen | |
| 2/2/2016 | Q415 | $0.35 | $0.28 | $746.55 million | $744.00 million | View | Listen | |
| 10/28/2015 | Q315 | | $0.56 | | $804.27 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ferrari N.V. (NYSE:RACE)Current Year EPS Consensus Estimate: $2.73 EPS
Next Year EPS Consensus Estimate: $3.3 EPS
Current Dividend Information for Ferrari N.V. (NYSE:RACE)| Most Recent Dividend: | 5/2/2017 |
| Annual Dividend: | $0.68 |
| Dividend Yield: | 0.60% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 24.46% (Trailing 12 Months of Earnings)
24.91% (Based on This Year's Estimates)
20.61% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Ferrari N.V. (NYSE RACE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/1/2017 | Annual | $0.67 | | 4/24/2017 | 4/26/2017 | 5/2/2017 |
| 2/19/2016 | Annual | $0.51 | | 5/23/2016 | 5/24/2016 | 5/30/2016 |
(Data available from 1/1/2013 forward)
Insider Trading History for Ferrari N.V. (NYSE:RACE)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ferrari N.V. (NYSE:RACE)
Latest Headlines for Ferrari N.V. (NYSE:RACE)
| Source: |
|
| Date | Headline |
|---|
 | Ferrari celebrates 70th anniversary on the 18th fairway at Pebble Beach
finance.yahoo.com - August 22 at 6:09 AM |
| 1929 Mercedes-Benz S Barker Tourer wins 2017 Pebble Beach Best of Show
finance.yahoo.com - August 21 at 4:39 AM |
| These Classic Cars Worth Over $300 Million Are Now for Sale at Pebble Beach
finance.yahoo.com - August 20 at 12:05 PM |
 | Autoliv (ALV) to Partner Seeing Machines for Driver Monitor - Nasdaq
www.nasdaq.com - August 19 at 6:54 AM |
| ETFs with exposure to Ferrari NV : August 18, 2017
finance.yahoo.com - August 19 at 6:53 AM |
| Ferrari 812 Superfast: The Italian Icon Lives On
finance.yahoo.com - August 19 at 6:53 AM |
 | Ferrari N.V. (RACE) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 18 at 12:48 PM |
| General Motors' Maven Expands Ride and Delivery Services
finance.yahoo.com - August 17 at 3:32 PM |
| Some of the stars of Concours d'Elegance
finance.yahoo.com - August 17 at 3:32 PM |
 | Initiating Research Reports on Auto Makers Equities -- SORL Auto Parts, Honda Motor, Ferrari, and Tata Motors
www.prnewswire.com - August 17 at 7:14 AM |
| A $20 Million Aston Martin Tops the Auction List at Pebble Beach
finance.yahoo.com - August 17 at 7:14 AM |
| Ferraris, Porsches and planes star at McCall’s Motorworks Revival
finance.yahoo.com - August 17 at 7:14 AM |
| See what the IHS Markit Score report has to say about Ferrari NV.
finance.yahoo.com - August 15 at 6:34 AM |
| See what the IHS Markit Score report has to say about Ferrari NV.
finance.yahoo.com - August 15 at 6:34 AM |
| Berenberg Bank Reaffirms "Buy" Rating for Ferrari N.V. (RACE)
www.americanbankingnews.com - August 14 at 3:14 PM |
| How’s Ferrari Stock Faring after Its 2Q17 Results?
finance.yahoo.com - August 11 at 7:57 AM |
| Ferrari NV :RACE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 10 at 7:17 AM |
| IHS Markit Score downgrades Ferrari NV to 38 out of 100, ranking positively in only one out of three available IHS Markit categories.
finance.yahoo.com - August 10 at 7:17 AM |
 | Ferrari: More Growth Needed To Justify Valuation - Seeking Alpha
seekingalpha.com - August 10 at 7:17 AM |
| Ferrari And Pure Euphoria - Seeking Alpha
seekingalpha.com - August 8 at 6:32 AM |
| How Ferrari Performed in Its Home Market in 2Q17
finance.yahoo.com - August 8 at 6:32 AM |
| Ferrari Drives a Deal with the Devil
finance.yahoo.com - August 6 at 3:39 AM |
| [$$] A Ferrari SUV? Investors Should Hope So
finance.yahoo.com - August 4 at 7:24 AM |
| Most Expensive Cars Ever Sold at Auction: Multimillion-Dollar Wheels
finance.yahoo.com - August 4 at 7:24 AM |
 | A Ferrari SUV? Investors Should Hope So
www.wsj.com - August 3 at 2:51 PM |
| Ferrari N.V. (NYSE:RACE) Rating Reiterated by UBS AG
www.americanbankingnews.com - August 3 at 9:12 AM |
 | Ferrari's (RACE) Q2 Earnings Beat Estimate
www.zacks.com - August 3 at 7:14 AM |
| Ferrari's (RACE) Q2 Earnings Beat Estimate
finance.yahoo.com - August 3 at 7:14 AM |
| Ferrari's CEO had a hilarious exchange with a Wall Street analyst about SUV rumors
finance.yahoo.com - August 3 at 7:14 AM |
| Ferrari SUV is probably happening
finance.yahoo.com - August 3 at 7:14 AM |
| Ferrari CEO opens the door on building utility vehicle
finance.yahoo.com - August 3 at 7:14 AM |
| Ferrari posts 2Q profit
finance.yahoo.com - August 3 at 7:14 AM |
| Ferrari Doesn't Plan to 'Sell Soul' While Developing Larger Model - Wall Street Journal (subscription)
www.wsj.com - August 3 at 7:14 AM |
| Ferrari's (RACE) Q2 Earnings Beat Estimate - Nasdaq
www.nasdaq.com - August 3 at 7:14 AM |
 | Ferrari Profit Rises 29% and Margins Soar on Big V12 Sales - Motley Fool
www.fool.com - August 3 at 7:13 AM |
| Edited Transcript of RACE earnings conference call or presentation 2-Aug-17 2:00pm GMT
finance.yahoo.com - August 3 at 7:13 AM |
| Ferrari Profit Rises 29% and Margins Soar on Big V12 Sales
www.fool.com - August 2 at 3:26 PM |
| What's in Store for Ferrari (RACE) this Earnings Season?
www.nasdaq.com - August 2 at 7:01 AM |
| Ferrari Wants ‘Utility Vehicle’ in a Plan to Double Profit
finance.yahoo.com - August 2 at 7:01 AM |
| Ferrari Might Finally Sell an Expensive SUV in Bid to Double Profits by 2022
finance.yahoo.com - August 2 at 7:01 AM |
| Ferrari Said to Plan a Four-Seat Utility Vehicle
finance.yahoo.com - August 2 at 7:01 AM |
| These Are the Top 5 Super Luxury SUVs That Ferrari May Soon Be Competing With
finance.yahoo.com - August 2 at 7:01 AM |
| FERRARI: RECORD QUARTERLY EBIT, ON TRACK FOR ANOTHER GREAT YEAR
finance.yahoo.com - August 2 at 7:01 AM |
| Ferrari Q2 core earnings rise 24 pct, confirms guidance
finance.yahoo.com - August 2 at 7:01 AM |
| Ferrari Earnings Jump as CEO Works on Model Line-Up Expansion
finance.yahoo.com - August 2 at 7:01 AM |
 | Exclusive: Tesla Model 3 First Drive Review - MSN Autos
www.msn.com - July 30 at 2:40 AM |
| Ferrari driver wrecks $288,000 supercar just an hour afte...
finance.yahoo.com - July 29 at 6:38 AM |
| FERRARI: Ferrari to announce Second Quarter 2017 financial results on August 2
finance.yahoo.com - July 29 at 6:38 AM |
| Ferrari driver wrecks supercar just an hour after he bought it
finance.yahoo.com - July 29 at 6:38 AM |
| This used to be a Ferrari 430 Scuderia
finance.yahoo.com - July 29 at 6:38 AM |
Ferrari N.V. (RACE) Chart for Tuesday, August, 22, 2017
