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

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$115.49 -0.79 (-0.68 %)
(As of 10/23/2018 03:13 PM ET)
Previous Close$116.28
Today's Range$112.39 - $115.99
52-Week Range$103.65 - $149.85
Volume63,037 shs
Average Volume785,636 shs
Market Capitalization$22.02 billion
P/E Ratio36.36
Dividend YieldN/A
Beta1.19
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNYSE:RACE
Previous Symbol
CUSIPN/A
Phone00390536949111

Debt

Debt-to-Equity Ratio2.00
Current Ratio3.36
Quick Ratio2.71

Price-To-Earnings

Trailing P/E Ratio36.36
Forward P/E Ratio34.37
P/E Growth2.14

Sales & Book Value

Annual Sales$3.86 billion
Price / Sales5.65
Cash Flow$4.7274 per share
Price / Cash24.43
Book Value$4.69 per share
Price / Book24.62

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$22.02 billion
OptionableN/A

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 paid a dividend of $0.88 per share on Wednesday, May 2nd. This represents a yield of 0.64%. The ex-dividend date 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) posted its quarterly earnings data on Wednesday, August, 1st. The company reported $1.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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% compared to the same quarter last year. During the same period in the prior 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 Monday, November 5th 2018. View Earnings Estimates for Ferrari.

How can I listen to Ferrari's earnings call?

Ferrari will be holding an earnings conference call on Monday, November 5th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for RACE?

7 brokers have issued 1-year price objectives for Ferrari's stock. Their predictions range from $130.00 to $160.00. On average, they anticipate Ferrari's stock price to reach $144.00 in the next year. This suggests a possible upside of 24.7% 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. Louis C. Camilleri BA, CEO & Exec. 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. Carlo Daneo, Gen. Counsel

Who are Ferrari's major shareholders?

Ferrari's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Aperio Group LLC (0.07%), Zweig DiMenna Associates LLC (0.05%), Baskin Financial Services Inc. (0.04%), Cornerstone Wealth Management LLC (0.04%), Bank of Montreal Can (0.02%) and World Asset Management Inc (0.00%).

Which major investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and World Asset Management Inc.

Which major investors are buying Ferrari stock?

RACE stock was purchased by a variety of institutional investors in the last quarter, including Zweig DiMenna Associates LLC, Cornerstone Wealth Management LLC, Baskin Financial Services Inc., Lourd Capital LLC, Nisa Investment Advisors LLC and Aperio Group LLC.

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 $115.49.

How big of a company is Ferrari?

Ferrari has a market capitalization of $22.02 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:  2.8 out of 5 (star star)
Outperform Votes:  368 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  649
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 10/23/2018 by MarketBeat.com Staff

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