Ferrari N.V. Company Profile (NYSE:RACE)

About Ferrari N.V. (NYSE:RACE)

Ferrari N.V. logoFerrari 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?

Ferrari N.V. is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Ferrari N.V..

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?

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)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  316
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.

Analyst Ratings

Consensus Ratings for Ferrari N.V. (NYSE:RACE) (How are Consensus Ratings Calculated?)
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:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Berenberg BankReiterated RatingBuyLowView Rating Details
6/16/2017Bank of America CorporationReiterated RatingBuy$90.00 -> $100.00LowView Rating Details
5/15/2017Kepler Capital MarketsReiterated RatingHoldN/AView Rating Details
5/8/2017Morgan StanleyLower Price TargetOverweight$100.00 -> $72.00LowView Rating Details
5/6/2017Jefferies Group LLCSet Price TargetBuy$74.00 -> $96.00LowView Rating Details
3/23/2017Citigroup Inc.UpgradeNeutral -> BuyLowView Rating Details
11/8/2016Evercore ISIUpgradeSell -> HoldN/AView Rating Details
10/13/2016Societe GeneraleInitiated CoverageSell$45.00N/AView Rating Details
4/19/2016J P Morgan Chase & CoReiterated RatingNeutral$46.00 -> $51.00N/AView Rating Details
2/18/2016Banca AkrosInitiated CoverageBuyN/AView Rating Details
1/20/2016Barclays PLCInitiated CoverageHoldN/AView Rating Details
11/16/2015Mediobanca SpAInitiated CoverageOutperform$64.00N/AView Rating Details
11/16/2015BNP ParibasInitiated CoverageUnderperform$46.00N/AView Rating Details
(Data available from 8/22/2015 forward)

Earnings

Earnings History for Ferrari N.V. (NYSE:RACE)
Earnings by Quarter for Ferrari N.V. (NYSE:RACE)
Earnings History by Quarter for Ferrari N.V. (NYSE RACE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.77N/AView Earnings Details
8/2/20176/30/2017$0.66$0.79$1.01 billionViewListenView Earnings Details
11/7/2016Q316$0.53$0.59$826.93 million$783.00 millionViewListenView Earnings Details
5/2/2016Q116$0.30$0.41$648.56 million$675.00 millionViewListenView Earnings Details
2/2/2016Q415$0.35$0.28$746.55 million$744.00 millionViewListenView Earnings Details
10/28/2015Q315$0.56$804.27 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ferrari N.V. (NYSE:RACE)
Current Year EPS Consensus Estimate: $2.73 EPS
Next Year EPS Consensus Estimate: $3.3 EPS

Dividends

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 Payments by Quarter for Ferrari N.V. (NYSE:RACE)

Dividend History by Quarter for Ferrari N.V. (NYSE RACE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017Annual$0.674/24/20174/26/20175/2/2017
2/19/2016Annual$0.515/23/20165/24/20165/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ferrari N.V. (NYSE:RACE)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Ferrari N.V. (NYSE:RACE)
Latest Headlines for Ferrari N.V. (NYSE:RACE)
Source:
DateHeadline
finance.yahoo.com logoFerrari celebrates 70th anniversary on the 18th fairway at Pebble Beach
finance.yahoo.com - August 22 at 6:09 AM
finance.yahoo.com logo1929 Mercedes-Benz S Barker Tourer wins 2017 Pebble Beach Best of Show
finance.yahoo.com - August 21 at 4:39 AM
finance.yahoo.com logoThese Classic Cars Worth Over $300 Million Are Now for Sale at Pebble Beach
finance.yahoo.com - August 20 at 12:05 PM
nasdaq.com logoAutoliv (ALV) to Partner Seeing Machines for Driver Monitor - Nasdaq
www.nasdaq.com - August 19 at 6:54 AM
finance.yahoo.com logoETFs with exposure to Ferrari NV : August 18, 2017
finance.yahoo.com - August 19 at 6:53 AM
finance.yahoo.com logoFerrari 812 Superfast: The Italian Icon Lives On
finance.yahoo.com - August 19 at 6:53 AM
americanbankingnews.com logoFerrari N.V. (RACE) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 18 at 12:48 PM
finance.yahoo.com logoGeneral Motors' Maven Expands Ride and Delivery Services
finance.yahoo.com - August 17 at 3:32 PM
finance.yahoo.com logoSome of the stars of Concours d'Elegance
finance.yahoo.com - August 17 at 3:32 PM
prnewswire.com logoInitiating Research Reports on Auto Makers Equities -- SORL Auto Parts, Honda Motor, Ferrari, and Tata Motors
www.prnewswire.com - August 17 at 7:14 AM
finance.yahoo.com logoA $20 Million Aston Martin Tops the Auction List at Pebble Beach
finance.yahoo.com - August 17 at 7:14 AM
finance.yahoo.com logoFerraris, Porsches and planes star at McCall’s Motorworks Revival
finance.yahoo.com - August 17 at 7:14 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Ferrari NV.
finance.yahoo.com - August 15 at 6:34 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Ferrari NV.
finance.yahoo.com - August 15 at 6:34 AM
americanbankingnews.com logoBerenberg Bank Reaffirms "Buy" Rating for Ferrari N.V. (RACE)
www.americanbankingnews.com - August 14 at 3:14 PM
finance.yahoo.com logoHow’s Ferrari Stock Faring after Its 2Q17 Results?
finance.yahoo.com - August 11 at 7:57 AM
finance.yahoo.com logoFerrari NV :RACE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 10 at 7:17 AM
finance.yahoo.com logoIHS 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
seekingalpha.com logoFerrari: More Growth Needed To Justify Valuation - Seeking Alpha
seekingalpha.com - August 10 at 7:17 AM
seekingalpha.com logoFerrari And Pure Euphoria - Seeking Alpha
seekingalpha.com - August 8 at 6:32 AM
finance.yahoo.com logoHow Ferrari Performed in Its Home Market in 2Q17
finance.yahoo.com - August 8 at 6:32 AM
finance.yahoo.com logoFerrari Drives a Deal with the Devil
finance.yahoo.com - August 6 at 3:39 AM
finance.yahoo.com logo[$$] A Ferrari SUV? Investors Should Hope So
finance.yahoo.com - August 4 at 7:24 AM
finance.yahoo.com logoMost Expensive Cars Ever Sold at Auction: Multimillion-Dollar Wheels
finance.yahoo.com - August 4 at 7:24 AM
wsj.com logoA Ferrari SUV? Investors Should Hope So
www.wsj.com - August 3 at 2:51 PM
americanbankingnews.com logoFerrari N.V. (NYSE:RACE) Rating Reiterated by UBS AG
www.americanbankingnews.com - August 3 at 9:12 AM
zacks.com logoFerrari's (RACE) Q2 Earnings Beat Estimate
www.zacks.com - August 3 at 7:14 AM
finance.yahoo.com logoFerrari's (RACE) Q2 Earnings Beat Estimate
finance.yahoo.com - August 3 at 7:14 AM
finance.yahoo.com logoFerrari's CEO had a hilarious exchange with a Wall Street analyst about SUV rumors
finance.yahoo.com - August 3 at 7:14 AM
finance.yahoo.com logoFerrari SUV is probably happening
finance.yahoo.com - August 3 at 7:14 AM
finance.yahoo.com logoFerrari CEO opens the door on building utility vehicle
finance.yahoo.com - August 3 at 7:14 AM
finance.yahoo.com logoFerrari posts 2Q profit
finance.yahoo.com - August 3 at 7:14 AM
wsj.com logoFerrari Doesn't Plan to 'Sell Soul' While Developing Larger Model - Wall Street Journal (subscription)
www.wsj.com - August 3 at 7:14 AM
nasdaq.com logoFerrari's (RACE) Q2 Earnings Beat Estimate - Nasdaq
www.nasdaq.com - August 3 at 7:14 AM
fool.com logoFerrari Profit Rises 29% and Margins Soar on Big V12 Sales - Motley Fool
www.fool.com - August 3 at 7:13 AM
finance.yahoo.com logoEdited Transcript of RACE earnings conference call or presentation 2-Aug-17 2:00pm GMT
finance.yahoo.com - August 3 at 7:13 AM
fool.com logoFerrari Profit Rises 29% and Margins Soar on Big V12 Sales
www.fool.com - August 2 at 3:26 PM
nasdaq.com logoWhat's in Store for Ferrari (RACE) this Earnings Season?
www.nasdaq.com - August 2 at 7:01 AM
finance.yahoo.com logoFerrari Wants ‘Utility Vehicle’ in a Plan to Double Profit
finance.yahoo.com - August 2 at 7:01 AM
finance.yahoo.com logoFerrari Might Finally Sell an Expensive SUV in Bid to Double Profits by 2022
finance.yahoo.com - August 2 at 7:01 AM
finance.yahoo.com logoFerrari Said to Plan a Four-Seat Utility Vehicle
finance.yahoo.com - August 2 at 7:01 AM
finance.yahoo.com logoThese Are the Top 5 Super Luxury SUVs That Ferrari May Soon Be Competing With
finance.yahoo.com - August 2 at 7:01 AM
finance.yahoo.com logoFERRARI: RECORD QUARTERLY EBIT, ON TRACK FOR ANOTHER GREAT YEAR
finance.yahoo.com - August 2 at 7:01 AM
finance.yahoo.com logoFerrari Q2 core earnings rise 24 pct, confirms guidance
finance.yahoo.com - August 2 at 7:01 AM
finance.yahoo.com logoFerrari Earnings Jump as CEO Works on Model Line-Up Expansion
finance.yahoo.com - August 2 at 7:01 AM
msn.com logoExclusive: Tesla Model 3 First Drive Review - MSN Autos
www.msn.com - July 30 at 2:40 AM
finance.yahoo.com logoFerrari driver wrecks $288,000 supercar just an hour afte...
finance.yahoo.com - July 29 at 6:38 AM
finance.yahoo.com logoFERRARI: Ferrari to announce Second Quarter 2017 financial results on August 2
finance.yahoo.com - July 29 at 6:38 AM
finance.yahoo.com logoFerrari driver wrecks supercar just an hour after he bought it
finance.yahoo.com - July 29 at 6:38 AM
finance.yahoo.com logoThis used to be a Ferrari 430 Scuderia
finance.yahoo.com - July 29 at 6:38 AM

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Chart

Ferrari N.V. (RACE) Chart for Tuesday, August, 22, 2017

This page was last updated on 8/22/2017 by MarketBeat.com Staff