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Ferrari Stock Price, News & Analysis (NYSE:RACE)

$156.05
+0.20 (+0.13 %)
(As of 10/22/2019 02:30 AM ET)
Today's Range
$155.34
Now: $156.05
$157.12
50-Day Range
$147.00
MA: $154.01
$163.52
52-Week Range
$93.85
Now: $156.05
$170.54
Volume255,700 shs
Average Volume421,146 shs
Market Capitalization$29.49 billion
P/E Ratio38.82
Dividend YieldN/A
Beta1.34
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hypercars; Fuori series, one-off, and track cars; and Icona cars. It also provides non-registered racing cars; and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. Read More…

Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
CUSIPN/A
Phone39-05-3694-9111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.04 billion
Cash Flow$5.78 per share
Book Value$8.46 per share

Profitability

Net Income$926.71 million

Miscellaneous

Employees3,851
Market Cap$29.49 billion
Next Earnings Date11/4/2019 (Confirmed)
OptionableOptionable

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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 announced an annual dividend on Thursday, February 28th. Investors of record on Wednesday, April 24th will be given a dividend of $1.1677 per share on Thursday, May 2nd. This represents a yield of 0.91%. The ex-dividend date is Tuesday, April 23rd. This is a positive change from Ferrari's previous annual dividend of $0.88. View Ferrari's Dividend History.

How were Ferrari's earnings last quarter?

Ferrari NV (NYSE:RACE) issued its quarterly earnings results on Friday, August, 2nd. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.06. The firm earned $1.11 billion during the quarter, compared to the consensus estimate of $1.08 billion. Ferrari had a net margin of 23.42% and a return on equity of 50.99%. 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 4th 2019. View Earnings Estimates for Ferrari.

What guidance has Ferrari issued on next quarter's earnings?

Ferrari updated its FY19 earnings guidance on Friday, August, 2nd. The company provided earnings per share guidance of €3.50-3.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.68. The company issued revenue guidance of >€3.5 billion, compared to the consensus revenue estimate of $3.70 billion.

What price target have analysts set for RACE?

10 brokers have issued twelve-month target prices for Ferrari's shares. Their predictions range from $112.29 to $225.00. On average, they anticipate Ferrari's share price to reach $172.76 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?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ferrari.

Has Ferrari been receiving favorable news coverage?

News headlines about RACE stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ferrari earned a news impact score of -1.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Ferrari.

Are investors shorting Ferrari?

Ferrari saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 2,370,000 shares, a decline of 11.9% from the August 30th total of 2,690,000 shares. Based on an average daily volume of 435,600 shares, the days-to-cover ratio is presently 5.4 days. Approximately 2.1% of the shares of the company are short sold. View Ferrari's Current Options Chain.

Who are some of Ferrari's key competitors?

What other stocks do shareholders of Ferrari own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ferrari investors own include Alibaba Group (BABA), NVIDIA (NVDA), Home Depot (HD), Visa (V), Cisco Systems (CSCO), Mastercard (MA), Netflix (NFLX), Boeing (BA), Paypal (PYPL) and Johnson & Johnson (JNJ).

Who are Ferrari's key executives?

Ferrari's management team includes the folowing people:
  • Mr. Louis C. Camilleri BA, CEO & Exec. Director (Age 64)
  • Mr. Antonio Picca Piccon, Chief Financial Officer
  • Mr. Michael Hugo Leiters, Chief Technology Officer (Age 48)
  • 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 number of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.11%), Commerzbank Aktiengesellschaft FI (0.10%), Baskin Financial Services Inc. (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Envestnet Asset Management Inc. (0.02%) and Sycomore Asset Management (0.02%).

Which major investors are selling Ferrari stock?

RACE stock was sold by a variety of institutional investors in the last quarter, including Carroll Financial Associates Inc., Crossmark Global Holdings Inc., Envestnet Asset Management Inc., Wedbush Securities Inc. and Financial Gravity Wealth Inc..

Which major investors are buying Ferrari stock?

RACE stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Sycomore Asset Management, Baskin Financial Services Inc., Polianta Ltd, Nisa Investment Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank and Cerebellum GP 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, Robinhood, Fidelity and Charles Schwab.

What is Ferrari's stock price today?

One share of RACE stock can currently be purchased for approximately $156.05.

How big of a company is Ferrari?

Ferrari has a market capitalization of $29.49 billion and generates $4.04 billion in revenue each year. The company earns $926.71 million in net income (profit) each year or $4.02 on an earnings per share basis. Ferrari employs 3,851 workers across the globe.View Additional Information About Ferrari.

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 39-05-3694-9111.


MarketBeat Community Rating for Ferrari (NYSE RACE)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  431 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  778
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 10/22/2019 by MarketBeat.com Staff

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