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Ferrari NV (RACE)
NYSE:RACE
Ferrari (RACE) Stock Price & Analysis
1,951 Followers
RACE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$281.39 - $439.98
Previous Close$405.73
Volume83.17K
Average Volume (3M)268.94K
Market Cap
$100.60B
Enterprise Value$101.14B
Total Cash (Recent Filing)€1.12B
Total Debt (Recent Filing)€2.48B
Price to Earnings (P/E)51.7
Beta1.02
Next Earnings
Aug 01, 2024EPS Estimate
$2.21Last Dividend Ex-Date
Apr 22, 2024Dividend Yield0.65%
Share Statistics
EPS (TTM)7.84
Shares Outstanding180,418,090
10 Day Avg. Volume320,009
30 Day Avg. Volume268,944
Standard Deviation0.08
R-Squared0.46
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)115.33
Price to Sales (P/S)12.26
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$425.39Price Target Upside3.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Ferrari News
PremiumPress Releases
Ferrari Pricing of Issue of Notes
PremiumCompany Announcements
Ferrari N.V. Advances Multi-Year Share Buyback
PremiumCompany Announcements
Ferrari NV Announces International Note Offering
PremiumPress Releases
Ferrari Announces Offering of Notes
Bulls Say, Bears Say
Bulls Say
Brand StrategyThe announcement of the 12 Cilindri and 12 Cilindri Spider sportscars, with pricing uplifts, showcases Ferrari's strategy to grow margins through pricing.
Financial PerformanceFerrari reported record-breaking car sales with higher average selling prices, reflecting strong consumer demand and brand strength.
Product LaunchFerrari plans to launch 15 new models by 2025, introducing innovation and growth potential.
Bears Say
Earnings Guidance And Market ExpectationsThe stock price fell post-earnings, possibly due to unadjusted FY24 guidance.
Financial PerformanceA weaker mix in Q2-Q4 could be a negative for the remainder of the year.
Regional Sales ConcernsSales in Mainland China, Hong Kong, and Taiwan showed a significant decline, representing potential market challenges.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Ferrari
Desktop Users
Mobile Users
RACE FAQ
What was Ferrari NV’s price range in the past 12 months?
Ferrari NV lowest stock price was $281.39 and its highest was $439.98 in the past 12 months.
What is Ferrari NV’s market cap?
Currently, no data Available
When is Ferrari NV’s upcoming earnings report date?
Ferrari NV’s upcoming earnings report date is Aug 01, 2024 which is in 79 days.
How were Ferrari NV’s earnings last quarter?
Ferrari NV released its earnings results on May 07, 2024. The company reported $2.095 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.085.
Is Ferrari NV overvalued?
According to Wall Street analysts Ferrari NV’s price is currently Undervalued.
Does Ferrari NV pay dividends?
Ferrari NV pays a Annually dividend of $2.63 which represents an annual dividend yield of 0.65%. See more information on Ferrari NV dividends here
What is Ferrari NV’s EPS estimate?
Ferrari NV’s EPS estimate is $2.21.
How many shares outstanding does Ferrari NV have?
Ferrari NV has 193,923,500 shares outstanding.
What happened to Ferrari NV’s price movement after its last earnings report?
Ferrari NV reported an EPS of $2.095 in its last earnings report, beating expectations of $2.01. Following the earnings report the stock price went down -6.234%.
Which hedge fund is a major shareholder of Ferrari NV?
Among the largest hedge funds holding Ferrari NV’s share is Sands Capital Management LLC. It holds Ferrari NV’s shares valued at 75M.
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Ferrari Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$425.39 (3.62% Upside)
$425.39 (3.62% Upside)
Blogger Sentiment
Bullish
RACE Sentiment 82%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 130.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.82%
12-Months-Change
Fundamentals
Return on Equity
43.10%
Trailing 12-Months
Asset Growth
7.17%
Trailing 12-Months
Company Description
Ferrari NV
Italy-based Ferrari NV designs, manufactures 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. It participates in car racing such as Formula One.
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RACE Company Deck
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RACE Earnings Call
Q1 2024
0:00 / 0:00
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RACE Stock 12 Month Forecast
Average Price Target
$425.39
▲(3.62% Upside)
Technical Analysis
Best Analysts Covering RACE
1 Year
1 Year Success Rate
27/31 ratings generated profit
1 Year Average Return
+40.09%
reiterated a buy rating 24 days ago
Copying Michael Binetti's trades and holding each position for 1 Year would result in 87.10% of your transactions generating a profit, with an average return of +40.09% per trade.
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