About Ferrari (NYSE:RACE)
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 Ratio2.30%
Current Ratio3.27%
Quick Ratio2.65%
Price-To-Earnings
Trailing P/E Ratio38.62
Forward P/E Ratio37.33
P/E Growth2.72
Sales & Book Value
Annual Sales$3.86 billion
Price / Sales6.03
Cash Flow$4.6912 per share
Price / Cash26.26
Book Value$4.69 per share
Price / Book26.27
Profitability
EPS (Most Recent Fiscal Year)$3.19
Net Income$605.15 million
Net Margins15.74%
Return on Equity88.98%
Return on Assets13.43%
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 (NYSE:RACE) announced its quarterly earnings data on Thursday, February, 1st. The company reported $0.84 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.03. The business earned $840 million during the quarter, compared to the consensus estimate of $869.74 million. Ferrari had a return on equity of 88.98% and a net margin of 15.74%. The company's revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. View Ferrari's Earnings History.
When is Ferrari's next earnings date?
What price target have analysts set for RACE?
10 Wall Street analysts have issued 12 month price targets for Ferrari's shares. Their predictions range from $100.00 to $160.00. On average, they expect Ferrari's share price to reach $125.8571 in the next year. View Analyst Ratings for Ferrari.
Who are some of Ferrari's key competitors?
Some companies that are related to Ferrari include Fiat Chrysler Automobiles (FCAU), Ford Motor (F), Nissan (NSANY), Volvo (VLVLY), Geely (GELYY), Subaru (FUJHY), Paccar (PCAR), Tata Motors (TTM), Mazda Motor (MZDAY), WABCO (WBC), Oshkosh (OSK), Navistar International (NAV), Federal Signal (FSS), REV Group (REVG), Stagecoach Group (SAGKF), Spartan Motors (SPAR) and Kandi Technologies Group (KNDI).
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?
News headlines about RACE stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing 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 coverage optimism score of 0.17 on Accern's scale. They also gave news headlines about the company an impact score of 46.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
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 $123.19.
How big of a company is Ferrari?
Ferrari has a market capitalization of $23.66 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.
Ferrari (NYSE:RACE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for Ferrari in the last 12 months. Their average twelve-month price target is $125.8571, suggesting that the stock has a possible upside of 2.17%. The high price target for RACE is $160.00 and the low price target for RACE is $100.00. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.40 | 2.45 | 2.40 | 2.44 |
| Ratings Breakdown: | 1 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $125.8571 | $125.8571 | $115.1667 | $109.50 |
| Price Target Upside: | 2.17% upside | 1.24% upside | 8.81% upside | 0.64% upside |
Ferrari (NYSE:RACE) Consensus Price Target History
Ferrari (NYSE:RACE) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Ferrari (NYSE:RACE) Dividend Information
Ferrari pays an annual dividend of $0.68 per share, with a dividend yield of 0.55%. RACE's most recent annual dividend payment was Tuesday, May 2. Ferrari pays out 21.32% of its earnings out as a dividend.
| Most Recent Dividend: | 5/2/2017 |
| Annual Dividend: | $0.68 |
| Dividend Yield: | 0.55% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 21.32% (Trailing 12 Months of Earnings)
20.61% (Based on This Year's Estimates)
18.48% (Based on Next Year's Estimates)
|
Ferrari (NYSE:RACE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/1/2017 | Annual | $0.6712 | | 4/24/2017 | 4/26/2017 | 5/2/2017 |
| 2/19/2016 | Annual | $0.5115 | | 5/23/2016 | 5/24/2016 | 5/30/2016 |
(Data available from 1/1/2013 forward)
Ferrari (NYSE RACE) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 32.50%
Ferrari (NYSE RACE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Ferrari (NYSE RACE) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Ferrari (RACE) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 19 at 3:34 PM |
 | F1 pecking order might change from race to race - Raikkonen
www.msn.com - April 18 at 4:15 PM |
 | How Ford Stock Is Trading before Its 1Q18 Earnings Release
finance.yahoo.com - April 18 at 4:15 PM |
| Ferrari (RACE) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 11:44 AM |
| The win helps, but Ricciardo wants more from Red Bull
finance.yahoo.com - April 17 at 4:21 PM |
 | EVs: Ferrari Designer to Take on Tesla, Porsche
www.investopedia.com - April 17 at 9:53 AM |
| Wall Street Continues to Expect High Returns from Ferrari Stock
finance.yahoo.com - April 17 at 9:53 AM |
| Ferrari: $570 Million F1 Budget Revealed
finance.yahoo.com - April 16 at 9:52 AM |
| FERRARI: voting results from Annual General Meeting
finance.yahoo.com - April 13 at 4:15 PM |
 | Motor racing: Hamilton fastest in China practice but Ferrari close
www.reuters.com - April 13 at 10:07 AM |
 | Storied Ferrari Designer Wants to Build a $2.5 Million Electric Car
www.wsj.com - April 13 at 10:07 AM |
| Porsche, Lamborghini and Bugatti. Yours for $123 Billion
finance.yahoo.com - April 13 at 10:07 AM |
| [$$] Storied Ferrari Designer Wants to Build a $2.5 Million Electric Car
finance.yahoo.com - April 13 at 10:07 AM |
 | The Everyday Ferrari
www.barrons.com - April 12 at 4:18 PM |
| Ferrari (RACE) Stock Rating Reaffirmed by UBS
www.americanbankingnews.com - April 12 at 3:59 PM |
| Is the Market’s Weakness Hurting Ferrari Stock in April?
finance.yahoo.com - April 12 at 10:40 AM |
| Could Ford Stock Rise in April after a Positive March?
finance.yahoo.com - April 11 at 4:16 PM |
 | FERRARI: Ferrari NV: periodic report on the buyback program
www.nasdaq.com - April 11 at 10:30 AM |
| Rev Group (REVG) vs. Ferrari (RACE) Critical Analysis
www.americanbankingnews.com - April 11 at 8:45 AM |
| Critical Comparison: Ferrari (RACE) versus Its Rivals
www.americanbankingnews.com - April 11 at 5:31 AM |
| FERRARI: Ferrari N.V.: periodic report on the buyback program
finance.yahoo.com - April 10 at 4:12 PM |
| Ferrari fined 50000 euros after mechanic injured
www.reuters.com - April 9 at 10:13 AM |
 | Raikkonen's Ferrari breaks mechanic's leg during pit stop at Bahrain GP
www.usatoday.com - April 9 at 10:13 AM |
 | Shelborne Development Restructures for Growth, Adding Shannon Morgan as Chief Development Officer
www.prnewswire.com - April 9 at 8:09 AM |
| Revealed: The $2.6 Billion Budget That Fuels F1's Ten Teams
finance.yahoo.com - April 8 at 8:29 AM |
| Contrasting Ferrari (RACE) & Its Rivals
www.americanbankingnews.com - April 8 at 5:19 AM |
| The Best Non-Car Stuff To Buy From Bentley, Porsche, and Rolls-Royce
finance.yahoo.com - April 6 at 10:20 AM |
| 1,200% Stock Surge Turns High-End Builder Into a Billionaire
finance.yahoo.com - April 5 at 4:13 PM |
| Formula One teams, minus Ferrari, commit to esports series
www.reuters.com - April 4 at 5:23 PM |
| Ferrari (RACE) Downgraded by BidaskClub to Buy
www.americanbankingnews.com - March 31 at 11:34 PM |
| Ferrari (RACE) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - March 31 at 11:46 AM |
| Ferrari Stock Drops for a Second Consecutive Week
finance.yahoo.com - March 29 at 4:12 PM |
| Why Most Analysts Favor a ‘Buy’ on Ferrari in March 2018
finance.yahoo.com - March 29 at 4:12 PM |
 | Maserati Debuts Ferrari-V8-Powered Levante Trofeo SUV At New York Auto Show
www.forbes.com - March 29 at 10:15 AM |
| Why Wall Street Analysts Downgraded Tesla in March 2018
finance.yahoo.com - March 29 at 10:15 AM |
 | Ferrari is facing its 'most testing' year since its IPO
www.businessinsider.com - March 28 at 4:09 PM |
| Ford Stock Erases Gains in Week 3 of March 2018
finance.yahoo.com - March 28 at 4:09 PM |
| Vettel steals victory from Hamilton in Australian Grand Prix
finance.yahoo.com - March 27 at 4:18 PM |
| How Is Tesla Positioned in March 2018?
finance.yahoo.com - March 23 at 9:30 AM |
 | Take a look at this $7.5 million Formula 1 Ferrari — that comes with its own pit crew
www.cnbc.com - March 22 at 1:53 PM |
| Motor racing: Hamilton, Vettel savor competing against the 'best'
www.reuters.com - March 22 at 9:44 AM |
| F1 2018 team-by-team guide: Can Red Bull or Ferrari stop Mercedes?
www.msn.com - March 22 at 9:44 AM |
| Hamilton, Vettel kick off race for fifth title at Australian Grand Prix - Reuters
www.reuters.com - March 21 at 4:24 PM |
| Lewis Hamilton Wary Of Red Bull Rather Than Ferrari Threat
www.msn.com - March 21 at 10:39 AM |
| Ferrari Stock Turned Negative in the Second Week of March
finance.yahoo.com - March 21 at 10:39 AM |
 | Classic BMW only owned by late racing legend John Surtees may sell for $3 million
www.foxnews.com - March 20 at 9:45 AM |
| Head-To-Head Analysis: Ferrari (RACE) & Its Peers
www.americanbankingnews.com - March 17 at 11:14 PM |
| Reviewing Ferrari (RACE) and Its Rivals
www.americanbankingnews.com - March 17 at 7:30 AM |
| Motor racing - Bottas has a big year ahead of him
www.reuters.com - March 16 at 4:21 PM |
| Motor racing: F1 rookie Leclerc steps up to the big time
www.reuters.com - March 16 at 10:49 AM |
Ferrari (NYSE:RACE) SEC Filings
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Ferrari (NYSE:RACE) Income Statement, Balance Sheet and Cash Flow Statement
Ferrari (NYSE RACE) Stock Chart for Thursday, April, 19, 2018
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