NYSE:RACE - Ferrari Stock Price, Price Target & More

$122.82 +0.07 (+0.06 %)
(As of 04/26/2018 07:12 AM ET)
Previous Close$122.75
Today's Range$121.78 - $123.32
52-Week Range$74.76 - $131.20
Volume261,300 shs
Average Volume523,601 shs
Market Capitalization$23.19 billion
P/E Ratio38.48
Dividend Yield0.56%
Beta1.39

About Ferrari (NYSE:RACE)

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

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 Ratio38.48
Forward P/E Ratio37.22
P/E Growth2.15

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales6.01
Cash Flow$4.7716 per share
Price / Cash25.74
Book Value$4.69 per share
Price / Book26.19

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

How to Become a New Pot Stock Millionaire

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) released its earnings results on Thursday, February, 1st. The company reported $0.84 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.87 by $0.03. The business had revenue of $840 million for the quarter, compared to analysts' expectations of $869.74 million. Ferrari had a return on equity of 88.98% and a net margin of 15.74%. The business's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 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 Thursday, May, 3rd 2018. View Earnings Estimates for Ferrari.

What price target have analysts set for RACE?

10 analysts have issued 1 year target prices for Ferrari's shares. Their predictions range from $100.00 to $160.00. On average, they anticipate 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?

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 coverage about RACE stock has trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ferrari earned a media sentiment score of 0.11 on Accern's scale. They also gave news coverage about the company an impact score of 47.08 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company'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 $122.82.

How big of a company is Ferrari?

Ferrari has a market capitalization of $23.19 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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  290 (Vote Outperform)
Underperform Votes:  201 (Vote Underperform)
Total Votes:  491
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.

Analyst Ratings

Ferrari (NYSE:RACE) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
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 2.47%. 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."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.402.402.402.44
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)
5 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: 2.47% upside1.24% upside8.81% upside0.64% upside

Ferrari (NYSE:RACE) Consensus Price Target History

Price Target History for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/12/2018Credit Suisse GroupInitiated CoverageOutperform -> Outperform$150.00MediumView Rating Details
2/26/2018UBSReiterated RatingBuy$129.00 -> $160.00LowView Rating Details
2/14/2018Morgan StanleyBoost Price TargetUnderweight -> Underweight$100.00 -> $105.00MediumView Rating Details
12/11/2017HSBCInitiated CoverageHold -> HoldLowView Rating Details
12/8/2017Jefferies GroupBoost Price TargetBuy$130.00LowView Rating Details
9/13/2017Goldman SachsInitiated CoverageNeutral -> Neutral$131.00LowView Rating Details
9/1/2017Evercore ISIBoost Price TargetIn -> In-Line$46.00 -> $105.00MediumView Rating Details
8/14/2017Berenberg BankReiterated RatingBuyLowView Rating Details
6/16/2017Bank of AmericaReiterated RatingBuy$90.00 -> $100.00LowView Rating Details
5/15/2017Kepler Capital MarketsReiterated RatingHoldN/AView Rating Details
3/23/2017CitigroupUpgradeNeutral -> BuyLowView Rating Details
10/13/2016Societe GeneraleInitiated CoverageSell$45.00N/AView Rating Details
(Data available from 4/26/2016 forward)

Earnings

Ferrari (NYSE:RACE) Earnings History and Estimates Chart

Earnings by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Earnings Estimates

Current Year EPS Consensus Estimate: $3.3 EPS
Next Year EPS Consensus Estimate: $3.68 EPS

Ferrari (NYSE RACE) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2018$0.88N/AView Earnings Details
2/1/2018Not Specified$0.87$0.84$869.74 million$840.00 millionViewListenView Earnings Details
11/2/2017Q3 2017$0.72$0.87$982.08 millionViewN/AView Earnings Details
8/2/20176/30/2017$0.66$0.79$1.0118 billionViewListenView Earnings Details
5/4/2017Q1 2017$0.53$0.69$789.36 million$874.09 millionViewN/AView Earnings Details
2/2/2017Q4 2016$0.53$0.74$902.21 millionViewN/AView Earnings Details
11/7/2016Q316$0.53$0.59$826.93 million$783.00 millionViewListenView Earnings Details
8/2/2016Q2 2016$0.46$0.61$900.62 millionViewN/AView 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
(Earnings results data provided by Zacks Investment Research)

Dividends

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)
Dividend Payments by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE:RACE) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017Annual$0.67124/24/20174/26/20175/2/2017
2/19/2016Annual$0.51155/23/20165/24/20165/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Ferrari (NYSE RACE) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 32.49%
Insider Trading History for Ferrari (NYSE:RACE)
Institutional Ownership by Quarter for Ferrari (NYSE:RACE)

Ferrari (NYSE RACE) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Ferrari (NYSE RACE) News Headlines

Source:
DateHeadline
Ferrari (RACE) Scheduled to Post Earnings on ThursdayFerrari (RACE) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - April 26 at 1:20 AM
1957 Ferrari 250 GT Tour de France Estimated $8.5 To $11 Million At RM Sothebys Monaco May 121957 Ferrari 250 GT Tour de France Estimated $8.5 To $11 Million At RM Sotheby's Monaco May 12
www.forbes.com - April 25 at 4:13 PM
In Italy, There Was the Pope and Then There Was Enzo Ferrari'In Italy, There Was the Pope and Then There Was Enzo Ferrari'
www.nytimes.com - April 25 at 4:13 PM
Ferrari (RACE) Given Consensus Recommendation of "Hold" by AnalystsFerrari (RACE) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 25 at 11:28 AM
FERRARI: Ferrari First Quarter 2018 financial results will be to announced on May 3FERRARI: Ferrari First Quarter 2018 financial results will be to announced on May 3
finance.yahoo.com - April 25 at 10:17 AM
How GM’s Valuation Multiples Look before Its 1Q18 EarningsHow GM’s Valuation Multiples Look before Its 1Q18 Earnings
finance.yahoo.com - April 25 at 10:17 AM
From Ferraris To Laptops, Alcantara Fabric Makes Its MarkFrom Ferraris To Laptops, Alcantara Fabric Makes Its Mark
www.forbes.com - April 24 at 4:10 PM
The man behind iconic Ferrari and Mini designs is now making flying cars ready for flight in 2025The man behind iconic Ferrari and Mini designs is now making flying cars ready for flight in 2025
www.cnbc.com - April 24 at 4:10 PM
Ferrari - A Beautiful Compounding MachineFerrari - A Beautiful Compounding Machine
seekingalpha.com - April 24 at 4:10 PM
Sports car-branded highrises are a thing in Miami, of courseSports car-branded highrises are a thing in Miami, of course
finance.yahoo.com - April 24 at 4:10 PM
WTN: Ferrari Quietly Tests Hybrid Electric Sports CarsWTN: Ferrari Quietly Tests Hybrid Electric Sports Cars
finance.yahoo.com - April 23 at 4:13 PM
After years of skepticism, Ferrari is testing an electric supercarAfter years of skepticism, Ferrari is testing an electric supercar
finance.yahoo.com - April 23 at 4:13 PM
Ferrari Quietly—Very Quietly—Tests Electric CarFerrari Quietly—Very Quietly—Tests Electric Car
www.bloomberg.com - April 23 at 9:58 AM
Ferrari Could Be Testing a Completely Silent Hybrid PrototypeFerrari Could Be Testing a Completely Silent Hybrid Prototype
finance.yahoo.com - April 23 at 9:58 AM
How Fiat Chrysler Stock is Faring, Pre-1Q18 Earnings ReleaseHow Fiat Chrysler Stock is Faring, Pre-1Q18 Earnings Release
finance.yahoo.com - April 20 at 4:15 PM
Ferrari (RACE) Lowered to "Hold" at Zacks Investment ResearchFerrari (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 - RaikkonenF1 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 ReleaseHow 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 ResearchFerrari (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 BullThe 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, PorscheEVs: 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 StockWall Street Continues to Expect High Returns from Ferrari Stock
finance.yahoo.com - April 17 at 9:53 AM
Ferrari: $570 Million F1 Budget RevealedFerrari: $570 Million F1 Budget Revealed
finance.yahoo.com - April 16 at 9:52 AM
FERRARI: voting results from Annual General MeetingFERRARI: voting results from Annual General Meeting
finance.yahoo.com - April 13 at 4:15 PM
Motor racing: Hamilton fastest in China practice but Ferrari closeMotor 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 CarStoried 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 BillionPorsche, Lamborghini and Bugatti. Yours for $123 Billion
finance.yahoo.com - April 13 at 10:07 AM
[$$] Storied Ferrari Designer Wants to Build a $2.5 Million Electric Car[$$] Storied Ferrari Designer Wants to Build a $2.5 Million Electric Car
finance.yahoo.com - April 13 at 10:07 AM
The Everyday FerrariThe Everyday Ferrari
www.barrons.com - April 12 at 4:18 PM
Ferrari (RACE) Stock Rating Reaffirmed by UBSFerrari (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?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?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 programFERRARI: Ferrari NV: periodic report on the buyback program
www.nasdaq.com - April 11 at 10:30 AM
Rev Group (REVG) vs. Ferrari (RACE) Critical AnalysisRev Group (REVG) vs. Ferrari (RACE) Critical Analysis
www.americanbankingnews.com - April 11 at 8:45 AM
Critical Comparison: Ferrari (RACE) versus Its RivalsCritical Comparison: Ferrari (RACE) versus Its Rivals
www.americanbankingnews.com - April 11 at 5:31 AM
FERRARI: Ferrari N.V.: periodic report on the buyback programFERRARI: Ferrari N.V.: periodic report on the buyback program
finance.yahoo.com - April 10 at 4:12 PM
Ferrari fined 50000 euros after mechanic injuredFerrari fined 50000 euros after mechanic injured
www.reuters.com - April 9 at 10:13 AM
Raikkonens Ferrari breaks mechanics leg during pit stop at Bahrain GPRaikkonen'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 OfficerShelborne 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 F1s Ten TeamsRevealed: The $2.6 Billion Budget That Fuels F1's Ten Teams
finance.yahoo.com - April 8 at 8:29 AM
Contrasting Ferrari (RACE) & Its RivalsContrasting 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-RoyceThe 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 Billionaire1,200% 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 seriesFormula One teams, minus Ferrari, commit to esports series
www.reuters.com - April 4 at 5:23 PM
Ferrari (RACE) Downgraded by BidaskClub to BuyFerrari (RACE) Downgraded by BidaskClub to Buy
www.americanbankingnews.com - March 31 at 11:34 PM
Ferrari (RACE) Receives Consensus Recommendation of "Hold" from BrokeragesFerrari (RACE) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - March 31 at 11:46 AM
Ferrari Stock Drops for a Second Consecutive WeekFerrari 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 2018Why 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 ShowMaserati 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 2018Why Wall Street Analysts Downgraded Tesla in March 2018
finance.yahoo.com - March 29 at 10:15 AM

SEC Filings

Ferrari (NYSE:RACE) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

Ferrari (NYSE:RACE) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Ferrari (NYSE RACE) Stock Chart for Thursday, April, 26, 2018

Loading chart…

This page was last updated on 4/26/2018 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.