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Ferrari NV (RACE)
NYSE:RACE
Holding RACE?
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RACE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$330.16 - $498.23
Previous Close$437.62
Volume231.72K
Average Volume (3M)300.16K
Market Cap
$105.91B
Enterprise Value$107.64B
Total Cash (Recent Filing)€1.12B
Total Debt (Recent Filing)€2.48B
Price to Earnings (P/E)50.8
Beta1.02
Next Earnings
Jan 30, 2025EPS Estimate
$1.97Last Dividend Ex-Date
Apr 22, 2024Dividend Yield0.6%
Share Statistics
EPS (TTM)8.61
Shares Outstanding243,750,962
10 Day Avg. Volume323,823
30 Day Avg. Volume300,164
Standard Deviation0.08
R-Squared0.43
Alpha0.00997
Financial Highlights & Ratios
Price to Book (P/B)34.01
Price to Sales (P/S)15.70
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
$471.59Price Target Upside7.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Ferrari News
PremiumCompany Announcements
Ferrari Boosts Shareholder Value with Buyback Initiative
PremiumCompany Announcements
Ferrari Advances Strategic Share Buyback ProgramBulls Say, Bears Say
Bulls Say
Brand Equity And MarginsFerrari's strong brand equity and exclusivity allow it to command the highest margins in the industry, supported by premium pricing and limited production capacity.
Financial PerformanceFerrari's earnings exceeded expectations by 14%, demonstrating strong performance even amidst a slowdown in the China/APAC region, with significant contributions from the Americas.
Product LaunchesFerrari unveiled the once-a-decade F80 hypercar during the annual Finali Mondiali event, and the base price comes in well above expectations, indicating strong demand.
Bears Say
DemandA major slowdown in demand for vehicles poses a significant risk to earnings.
Software ImplementationThe transition to new enterprise resource planning software is expected to slightly dampen performance.
Transition StrategyChallenges in executing the electric vehicle transition strategy could negatively impact earnings.
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Ownership Overview
0.02% Insiders
9.62% Mutual Funds
11.80% Other Institutional Investors
69.97% Public Companies and Individual Investors
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 $330.15 and its highest was $498.23 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 Jan 30, 2025 which is in 65 days.
How were Ferrari NV’s earnings last quarter?
Ferrari NV released its earnings results on Nov 05, 2024. The company reported $2.205 earnings per share for the quarter, beating the consensus estimate of $2.114 by $0.091.
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 $2.59 which represents an annual dividend yield of 0.6%. See more information on Ferrari NV dividends here
What is Ferrari NV’s EPS estimate?
Ferrari NV’s EPS estimate is $1.97.
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 $2.205 in its last earnings report, beating expectations of $2.114. Following the earnings report the stock price went down -7.363%.
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 98M.
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Ferrari Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$471.59 (7.76% Upside)
$471.59 (7.76% Upside)
Blogger Sentiment
Bullish
RACE Sentiment 77%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 23.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.91%
12-Months-Change
Fundamentals
Return on Equity
46.13%
Trailing 12-Months
Asset Growth
20.03%
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
Q3 2024
0:00 / 0:00
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RACE Stock 12 Month Forecast
Average Price Target
$471.59
▲(7.76% Upside)
Technical Analysis
Best Analysts Covering RACE
1 Year
1 Year Success Rate
26/30 ratings generated profit
1 Year Average Return
+29.63%
reiterated a buy rating 22 days ago
Copying Tom Narayan's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +29.63% per trade.
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