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Ferrari NV (IT:RACE)
MILAN:RACE
Ferrari (RACE) Stock Price & Analysis
35 Followers
RACE Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€246.42 - €410.10
Previous Close€391.6
Volume43.10K
Average Volume (3M)321.13K
Market Cap
€95.28B
Enterprise Value€97.05B
Total Cash (Recent Filing)$1.12B
Total Debt (Recent Filing)$2.48B
Price to Earnings (P/E)56.7
Beta0.88
Next Earnings
May 07, 2024EPS Estimate
€1.86Last Dividend Ex-Date
Apr 22, 2024Dividend Yield0.44%
Share Statistics
EPS (TTM)6.91
Shares Outstanding180,418,090
10 Day Avg. Volume198,328
30 Day Avg. Volume321,126
Standard Deviation0.06
R-Squared0.12
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)118.46
Price to Sales (P/S)11.80
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit32.63
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€400.48Price Target Upside2.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Ferrari News
PremiumCompany Announcements
Ferrari NV Shareholders Approve Dividend and Directors
PremiumCompany Announcements
Ferrari Steadily Advances Multi-Year Buyback Plan
PremiumCompany Announcements
Ferrari Advances Multi-Year Share Buyback Plan
Bulls Say, Bears Say
Bulls Say
Financial OutlookFerrari reaffirmed its confidence in reaching the high-end of 2026 adjusted EBIT targets with stronger confidence.
Innovation And GrowthThe development of the first electric Ferrari remains fully on track and the car will be presented soon.
Product Demand And SalesCompany continues to see a strong order book and that it is basically sold out for the next two years.
Bears Say
Demand ConcernsA significant slowdown in vehicle demand could negatively impact the company's revenue and profitability.
Earnings ForecastThe Bloomberg consensus for Q1 earnings may not be met, suggesting possible disappointment in upcoming financial results.
Strategic ExecutionChallenges in executing the battery electric vehicle transition strategy may lead to setbacks and affect investor confidence.
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Risk Analysis
Sorry, No Data AvailableWe currently provide Risk Factor analysis for U.S. stocks only.
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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 €246.42 and its highest was €410.10 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 May 07, 2024 which is today.
How were Ferrari NV’s earnings last quarter?
Ferrari NV released its earnings results on Feb 01, 2024. The company reported €1.62 earnings per share for the quarter, beating the consensus estimate of €1.476 by €0.144.
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 €2.44 which represents an annual dividend yield of 0.44%. See more information on Ferrari NV dividends here
What is Ferrari NV’s EPS estimate?
Ferrari NV’s EPS estimate is €1.86.
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 €1.62 in its last earnings report, beating expectations of €1.476. Following the earnings report the stock price went up 9.206%.
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
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
€400.48 (2.61% Upside)
€400.48 (2.61% Upside)
Blogger Sentiment
Bullish
IT:RACE Sentiment 90%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $7.0M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.08%
12-Months-Change
Fundamentals
Return on Equity
44.03%
Trailing 12-Months
Asset Growth
7.31%
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
Q4 2024
0:00 / 0:00
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RACE Stock 12 Months Forecast
Average Price Target
€400.48
▲(2.61% Upside)
Technical Analysis
Best Analysts Covering RACE
1 Year
1 Year Success Rate
27/30 ratings generated profit
1 Year Average Return
+41.57%
reiterated a buy rating 3 months ago
Copying Michael Binetti's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +41.57% per trade.
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