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

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$140.47 -2.05 (-1.44 %)
(As of 07/20/2018 12:25 PM ET)
Previous Close$139.50
Today's Range$139.50 - $140.65
52-Week Range$98.21 - $149.85
Volume6,971 shs
Average Volume327,387 shs
Market Capitalization$27.03 billion
P/E Ratio44.02
Dividend YieldN/A
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

Stock Exchange NYSE
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 Ratio44.02
Forward P/E Ratio38.17
P/E Growth2.24

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales6.88
Cash Flow$4.6839 per share
Price / Cash29.99
Book Value$4.69 per share
Price / Book29.95

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
Market Cap$27,026.09

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) posted its earnings results on Thursday, May, 3rd. The company reported $0.78 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 return on equity of 79.32% and a net margin of 16.44%. Ferrari's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the company posted $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 equities research analysts have issued 12-month target prices for Ferrari's shares. Their forecasts range from $105.00 to $160.00. On average, they expect Ferrari's stock price to reach $132.00 in the next year. This suggests that the stock has a possible downside of 6.2%. View Analyst Ratings for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 FCA, Chairman & CEO (Age 66)
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 47)
  • Ms. Nicoletta Russo, Head of Investor Relations
  • 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 trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ferrari earned a daily sentiment score of 0.11 on Accern's scale. They also gave media stories about the company an impact score of 45.39 out of 100, meaning that recent news 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 retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (7.65%), Mckinley Capital Management LLC Delaware (0.08%), Bank of Montreal Can (0.02%), World Asset Management Inc (0.00%), Campbell & CO Investment Adviser LLC (0.00%) and Nisa Investment Advisors LLC (0.00%). 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 Baillie Gifford & Co., Mckinley Capital Management LLC Delaware, Bank of Montreal Can and World Asset Management Inc. View Insider Buying and Selling for Ferrari.

Which major investors are buying Ferrari stock?

RACE stock was purchased by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC and Nisa Investment Advisors LLC. 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 $140.65.

How big of a company is Ferrari?

Ferrari has a market capitalization of $27.03 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 (NYSE RACE)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  232 (Vote Underperform)
Total Votes:  554
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 7/20/2018 by MarketBeat.com Staff

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