Ferrari 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.
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 Ratio43.12
Forward P/E Ratio37.04
P/E Growth2.19
Sales & Book Value
Annual Sales$3.86 billion
Price / Sales6.67
Cash Flow$4.6595 per share
Price / Cash29.25
Book Value$4.69 per share
Price / Book29.06
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
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 results on Thursday, May, 3rd. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.88 by $0.10. The company 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%. The business's revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 EPS. View Ferrari's Earnings History.
When is Ferrari's next earnings date?
What price target have analysts set for RACE?
8 Wall Street analysts have issued 1-year price targets for Ferrari's shares. Their predictions range from $105.00 to $160.00. On average, they expect Ferrari's stock price to reach $132.00 in the next twelve months. View Analyst Ratings for Ferrari.
Who are some of Ferrari's key competitors?
Some companies that are related to Ferrari include Volkswagen Group (VLKAY), Daimler (DDAIF), General Motors (GM), Tesla (TSLA), Honda Motor (HMC), Ford Motor (F), Nissan Motor (NSANY), Fiat Chrysler Automobiles (FCAU), VOLVO AB/ADR (VLVLY), Hyundai Motor (HYMLF), GEELY AUTOMOBIL/ADR (GELYY), SUBARU CORP/ADR (FUJHY), PACCAR (PCAR), Tata Motors (TTM) and MAZDA Mtr Corp/ADR (MZDAY).
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?
Press coverage about RACE stock has been trending positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ferrari earned a coverage optimism score of 0.36 on Accern's scale. They also assigned press coverage about the company an impact score of 45.50 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Ferrari's major shareholders?
Ferrari's stock is owned by a number of of retail and institutional 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 institutional 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 institutional investors are buying Ferrari stock?
RACE stock was purchased 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 $136.29.
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)
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.
