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

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$120.80 +0.30 (+0.25 %)
(As of 08/19/2018 04:00 PM ET)
Previous Close$120.80
Today's Range$119.24 - $120.9050
52-Week Range$103.65 - $149.85
Volume394,093 shs
Average Volume595,860 shs
Market Capitalization$22.79 billion
P/E Ratio37.87
Dividend YieldN/A
Beta1.28
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 Ratio2.00
Current Ratio3.36
Quick Ratio2.71

Price-To-Earnings

Trailing P/E Ratio37.87
Forward P/E Ratio38.11
P/E Growth2.2

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales5.91
Cash Flow$4.7766 per share
Price / Cash25.29
Book Value$4.69 per share
Price / Book25.76

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$22.79 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 were Ferrari's earnings last quarter?

Ferrari NV (NYSE:RACE) released its earnings results on Wednesday, August, 1st. The company reported $1.00 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.90 by $0.10. The business had revenue of $906 million for the quarter, compared to analyst estimates of $925.46 million. Ferrari had a net margin of 17.18% and a return on equity of 72.38%. The business's revenue was down 1.5% on a year-over-year basis. During the same period last year, the company posted $0.72 EPS. View Ferrari's Earnings History.

When is Ferrari's next earnings date?

Ferrari is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Ferrari.

What price target have analysts set for RACE?

7 brokers have issued 12-month 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 $133.6667 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Ferrari.

What is the consensus analysts' recommendation for Ferrari?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. 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 been trending positive on Sunday, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ferrari earned a news and rumor sentiment score of 0.32 on Accern's scale. They also assigned news coverage about the company an impact score of 42.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Ferrari.

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 Bank of America Corp DE (0.55%).

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 $120.80.

How big of a company is Ferrari?

Ferrari has a market capitalization of $22.79 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:  353 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  613
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 8/19/2018 by MarketBeat.com Staff

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