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Ferrari NV (RACE)
NYSE:RACE
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RACE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$330.16 - $498.23
Previous CloseN/A
Volume125.03K
Average Volume (3M)247.29K
Market Cap
$102.72B
Enterprise Value$77.00B
Total Cash (Recent Filing)$463.67M
Total Debt (Recent Filing)$1.85B
Price to Earnings (P/E)50.1
Beta1.03
Next Earnings
Jan 30, 2025EPS Estimate
1.92Last Dividend Ex-Date
Apr 22, 2024Dividend Yield0.62%
Share Statistics
EPS (TTM)8.61
Shares Outstanding193,923,500
10 Day Avg. Volume234,037
30 Day Avg. Volume247,290
Standard Deviation0.08
R-Squared0.39
Alpha0.00850
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)17.19
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.75
Enterprise Value/Revenue30.30
Enterprise Value/Gross Profit25.89
Enterprise Value/Ebitda82.33
Forecast
1Y Price Target
$475.55Price Target Upside9.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Ferrari News
PremiumCompany Announcements
Ferrari Announces 2025 Corporate Calendar with Key Financial Dates
PremiumCompany Announcements
Ferrari Advances €2 Billion Share Buyback Program
PremiumCompany Announcements
Ferrari Continues Strategic Share Buyback Program
PremiumCompany Announcements
Ferrari Continues Multi-Year Share Buyback Program with Sixth Tranche
PremiumCompany Announcements
Ferrari Secures Multi-Year Partnership with Andretti Formula RacingBulls Say, Bears Say
Bulls Say
Financial Performance2Q24 results exceeded expectations despite slowdown in China/APAC, with impressive adjusted EBIT margins.
Market DemandAll units of the F80 have been allocated out before the car was even revealed to the public, indicating strong demand.
Product LaunchFerrari unveiled the once-a-decade F80 hypercar during the annual Finali Mondiali event, and the base price comes in well above expectations.
Bears Say
DemandA major slowdown in demand for its vehicles poses a significant risk.
EarningsDownside risks to earnings are posed by major slowdowns in vehicle demand.
Transition StrategyChallenges in executing the electric vehicle transition strategy could impact operations.
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Ownership Overview
0.03% Insiders
9.50% Mutual Funds
1.35% Other Institutional Investors
81.83% 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?
Ferrari NV’s market cap is $102.72B.
When is Ferrari NV’s upcoming earnings report date?
Ferrari NV’s upcoming earnings report date is Jan 30, 2025 which is in 12 days.
How were Ferrari NV’s earnings last quarter?
Ferrari NV released its earnings results on Nov 05, 2024. The company reported $2.143 earnings per share for the quarter, beating the consensus estimate of $2.055 by $0.089.
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 $2.516 which represents an annual dividend yield of 0.62%. See more information on Ferrari NV dividends here
What is Ferrari NV’s EPS estimate?
Ferrari NV’s EPS estimate is 1.92.
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 $2.143 in its last earnings report, beating expectations of $2.055. 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:
$475.55 (9.84% Upside)
$475.55 (9.84% Upside)
Blogger Sentiment
Bullish
RACE Sentiment 72%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 23.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $12.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.66%
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
Earnings Call Sentiment|Positive
Ferrari's earnings call highlighted strong financial results, successful new product launches, and significant progress in personalization and carbon neutrality. However, there were challenges in China and a sequential decline in mix gains. The ERP transition also impacted shipments, but the overall outlook remains positive with a robust order book and successful high-demand products.Read More>---
RACE Stock 12 Month Forecast
Average Price Target
$475.55
▲(9.84% Upside)
Technical Analysis
Best Analysts Covering RACE
1 Year
1 Year Success Rate
29/36 ratings generated profit
1 Year Average Return
+34.43%
reiterated a buy rating 2 months ago
Copying Michael Binetti's trades and holding each position for 1 Year would result in 80.56% of your transactions generating a profit, with an average return of +34.43% per trade.
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