NYSE:RACE - Ferrari Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$139.00 +1.53 (+1.11 %)
(As of 09/25/2018 02:56 AM ET)
Previous Close$137.47
Today's Range$137.19 - $139.39
52-Week Range$103.65 - $149.85
Volume422,900 shs
Average Volume610,690 shs
Market Capitalization$25.98 billion
P/E Ratio43.35
Dividend YieldN/A
Beta1.21
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.

Receive RACE News and Ratings via Email

Sign-up to receive the latest news and ratings for RACE and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio2.00
Current Ratio3.36
Quick Ratio2.71

Price-To-Earnings

Trailing P/E Ratio43.35
Forward P/E Ratio37.98
P/E Growth2.17

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales6.80
Cash Flow$4.8230 per share
Price / Cash28.82
Book Value$4.69 per share
Price / Book29.64

Profitability

EPS (Most Recent Fiscal Year)$3.19
Net Income$605.15 million
Net Margins17.18%
Return on Equity72.38%
Return on Assets13.94%

Miscellaneous

Employees3,380
Outstanding Shares188,950,000
Market Cap$25.98 billion

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 declared an annual dividend on Thursday, April 19th. Investors of record on Tuesday, April 24th will be given a dividend of $0.88 per share on Wednesday, May 2nd. This represents a yield of 0.64%. The ex-dividend date of this dividend is Monday, April 23rd. This is a boost from Ferrari's previous annual dividend of $0.67. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari NV (NYSE:RACE) issued its quarterly earnings results on Wednesday, August, 1st. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.10. The firm earned $906 million during the quarter, compared to the consensus estimate of $925.46 million. Ferrari had a return on equity of 72.38% and a net margin of 17.18%. Ferrari's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.72 earnings per share. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Ferrari.

What price target have analysts set for RACE?

6 analysts have issued twelve-month price objectives for Ferrari's stock. Their forecasts range from $120.00 to $160.00. On average, they expect Ferrari's stock price to reach $142.50 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ferrari.

Who are some of Ferrari's key competitors?

Who are Ferrari's key executives?

Ferrari's management team includes the folowing people:
  • Mr. Louis C. Camilleri BA, CEO & Director (Age 63)
  • Mr. Antonio Picca Piccon, Chief Financial Officer
  • 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)

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%), AKO Capital LLP (1.94%), Canada Pension Plan Investment Board (1.39%), Winslow Capital Management LLC (0.75%), Morgan Stanley (0.66%) and WCM Investment Management CA (0.63%).

Which institutional investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Waddell & Reed Financial Inc., AKO Capital LLP, Baillie Gifford & Co., Renaissance Technologies LLC, Ardevora Asset Management LLP, Morgan Stanley, Winslow Capital Management LLC and Bank of America Corp DE.

Which institutional investors are buying Ferrari stock?

RACE stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Victory Capital Management Inc., Russell Investments Group Ltd., Pelham Capital Ltd., State of Wisconsin Investment Board, GAM Holding AG, BTG Pactual Global Asset Management Ltd and Marshall Wace LLP.

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 $139.00.

How big of a company is Ferrari?

Ferrari has a market capitalization of $25.98 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.

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 00390536949111.


MarketBeat Community Rating for Ferrari (NYSE RACE)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  366 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  639
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 9/25/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel