NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free RACE Stock Alerts $412.52 -3.48 (-0.84%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$410.34▼$417.9050-Day Range$377.22▼$439.5952-Week Range$272.70▼$442.80Volume216,063 shsAverage Volume213,559 shsMarket CapitalizationN/AP/E Ratio55.37Dividend YieldN/APrice Target$393.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ferrari alerts: Email Address Ferrari MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside4.5% Downside$393.86 Price TargetShort InterestBearish1.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.41Based on 32 Articles This WeekInsider TradingN/AProj. Earnings Growth10.59%From $8.31 to $9.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.23 out of 5 stars 2.2 Analyst's Opinion Consensus RatingFerrari has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageFerrari has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.33% of the float of Ferrari has been sold short.Short Interest Ratio / Days to CoverFerrari has a short interest ratio ("days to cover") of 5.1.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldFerrari does not currently pay a dividend.Dividend GrowthFerrari has only been increasing its dividend for 3 years. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RACE. Previous Next 1.9 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 32 news articles for Ferrari this week, compared to 36 articles on an average week.Search Interest25 people have searched for RACE on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ferrari insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ferrari are expected to grow by 10.59% in the coming year, from $8.31 to $9.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ferrari is 55.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 55.37, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 14.64.Price to Earnings Growth RatioFerrari has a PEG Ratio of 3.18. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 27.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceNew crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.Just click here to sign up and be among the first to get it. About Ferrari Stock (NYSE:RACE)Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.Read More RACE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RACE Stock News HeadlinesApril 18, 2024 | reuters.comSainz is doing a better job, says Ferrari's LeclercApril 18, 2024 | msn.comTrouble for Daniel Ricciardo, Lewis Hamilton to Ferrari statement – F1 news roundupApril 19, 2024 | InvestorPlace (Ad)New crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.April 18, 2024 | msn.comVideo: Unveiling the World's most expensive FerrariApril 18, 2024 | yahoo.comMake This Street-Legal Ferrari Race Car Your New Daily Driver And Be As Cool As You Are UncomfortableApril 18, 2024 | msn.comBrundle questions Ferrari Hamilton decision with Vettel comparisonApril 18, 2024 | sports.yahoo.comFormula 1: Lewis Hamilton says he plans to race 'well into' his 40sApril 18, 2024 | msn.comMotor racing-Sainz is doing a better job, says Ferrari's LeclercApril 19, 2024 | InvestorPlace (Ad)New crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.April 18, 2024 | msn.comThis Stunning 2010 Ferrari 599 GTB Fiorano Seeks New Home: Here's How to Own ItApril 17, 2024 | msn.comFerrari 296 GT3: Where Luxury Meets the RacetrackApril 17, 2024 | msn.comMotor racing-Formula One statistics for the Chinese Grand PrixApril 17, 2024 | yahoo.comF1 Star Charles Leclerc Adds 2024 Ferrari Purosangue SUV to His Impressive CollectionApril 17, 2024 | msn.comFIA announce verdict after Charles Leclerc’s Ferrari subject to additional Japanese GP inspectionsApril 17, 2024 | finance.yahoo.comFerrari Announces Voting Results From Its Annual General MeetingApril 16, 2024 | msn.comLewis Hamilton theory as Adrian Newey to Ferrari rumours grow – F1 news roundupApril 16, 2024 | msn.comLewis Hamilton to ‘help’ Charles Leclerc? Ferrari lay down surprise F1 2025 expectationsApril 16, 2024 | msn.comJacques Villeneuve explains why Lewis Hamilton not the driver facing ‘make or break’ Ferrari testApril 15, 2024 | seekingalpha.comIn The Luxury Car Race We Are Betting On PorscheApril 15, 2024 | investorplace.com3 High-Priced Stocks That Should Follow Chipotle's 50-for-1 SplitApril 15, 2024 | yahoo.comIconic Ferrari Prototype Featured at Saratoga Automobile Museum’s Enzo Ferrari ExhibitionApril 15, 2024 | msn.comBolshy Hamilton race CALL which underlines potential to spark FerrariApril 15, 2024 | msn.comF1 star hints future Ferrari move after Hamilton influenceApril 15, 2024 | msn.com'I would personally...' - Ferrari told of ideal pick for Lewis Hamilton's team-mate at FerrariApril 15, 2024 | globenewswire.comFerrari N.V.: Periodic Report on the Buyback ProgramApril 14, 2024 | msn.comSainz proud of gains Ferrari have made: 'Makes racing more fun'April 12, 2024 | msn.comF1 reveals new venue for first race as 2025 calendar announcedSee More Headlines Receive RACE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ferrari and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/01/2024Today4/18/2024Ex-Dividend for 5/3 Dividend4/22/2024Dividend Payable5/03/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Motor vehicles & car bodies Sub-IndustryN/A Current SymbolNYSE:RACE CUSIPN/A CIK1648416 Webwww.ferrari.com Phone390536949111FaxN/AEmployees4,988Year Founded1947Price Target and Rating Average Stock Price Target$393.86 High Stock Price Target$512.00 Low Stock Price Target$260.00 Potential Upside/Downside-4.5%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.45 Trailing P/E Ratio55.37 Forward P/E Ratio49.64 P/E Growth3.15Net Income$1.36 billion Net Margins21.06% Pretax Margin26.84% Return on Equity43.84% Return on Assets15.73% Debt Debt-to-Equity Ratio0.81 Current Ratio3.91 Quick Ratio2.98 Sales & Book Value Annual Sales$6.46 billion Price / SalesN/A Cash Flow$8.50 per share Price / Cash Flow48.56 Book Value$14.84 per share Price / Book27.80Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.97 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. John Jacob Philip Elkann (Age 48)Executive Chairman Comp: $1.64MMr. Benedetto Vigna (Age 55)CEO & Executive Director Comp: $5.09MMr. Antonio Picca Piccon (Age 60)Chief Financial Officer Mr. Davide Abate (Age 40)Chief Technologies & Infrastructures Officer Ms. Nicoletta RussoHead of Investor RelationsMr. Carlo Daneo (Age 56)General Counsel Mr. Marco Lovati (Age 52)Chief Internal Audit, Risk and Compliance Officer Ms. Francesca Montini (Age 45)Chief Communications Officer Mr. Enrico Galliera (Age 58)Chief Marketing & Commercial Officer Mr. Michele Antoniazzi (Age 55)Chief Human Resources Officer More ExecutivesKey CompetitorsChijet MotorNASDAQ:CJETChina Yuchai InternationalNYSE:CYDVinFast AutoNASDAQ:VFSFaraday Future Intelligent ElectricNASDAQ:FFIEVolconNASDAQ:VLCNView All CompetitorsInstitutional OwnershipMiracle Mile Advisors LLCBought 51 shares on 4/18/2024Ownership: 0.000%SeaCrest Wealth Management LLCBought 227 shares on 4/18/2024Ownership: 0.000%LVW Advisors LLCBought 590 shares on 4/18/2024Ownership: 0.000%Park Place Capital CorpSold 167 shares on 4/18/2024Ownership: 0.000%Hexagon Capital Partners LLCBought 33 shares on 4/18/2024Ownership: 0.000%View All Institutional Transactions RACE Stock Analysis - Frequently Asked Questions Should I buy or sell Ferrari stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RACE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RACE, but not buy additional shares or sell existing shares. View RACE analyst ratings or view top-rated stocks. What is Ferrari's stock price target for 2024? 10 equities research analysts have issued 1 year target prices for Ferrari's stock. Their RACE share price targets range from $260.00 to $512.00. On average, they predict the company's share price to reach $393.86 in the next twelve months. This suggests that the stock has a possible downside of 4.5%. View analysts price targets for RACE or view top-rated stocks among Wall Street analysts. How have RACE shares performed in 2024? Ferrari's stock was trading at $338.43 at the start of the year. Since then, RACE shares have increased by 21.9% and is now trading at $412.52. View the best growth stocks for 2024 here. When is Ferrari's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our RACE earnings forecast. How were Ferrari's earnings last quarter? Ferrari (NYSE:RACE) issued its quarterly earnings results on Thursday, February, 1st. The company reported $1.74 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.15. The business earned $1.64 billion during the quarter, compared to the consensus estimate of $1.61 billion. Ferrari had a trailing twelve-month return on equity of 43.84% and a net margin of 21.06%. How often does Ferrari pay dividends? What is the dividend yield for Ferrari? Ferrari announced an annual dividend on Saturday, April 13th. Stockholders of record on Tuesday, April 23rd will be paid a dividend of $2.443 per share on Friday, May 3rd. This represents a yield of 0.62%. The ex-dividend date is Monday, April 22nd. Read our dividend analysis for RACE. What guidance has Ferrari issued on next quarter's earnings? Ferrari issued an update on its FY 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 8.070- for the period, compared to the consensus earnings per share estimate of 8.260. The company issued revenue guidance of $6.9 billion-, compared to the consensus revenue estimate of $7.1 billion. 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), Intel (INTC), Netflix (NFLX), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Salesforce (CRM) and Walt Disney (DIS). Who are Ferrari's major shareholders? Ferrari's stock is owned by a number of institutional and retail investors. Top institutional investors include Rheos Capital Works Inc. (0.00%), Allspring Global Investments Holdings LLC (0.00%), Douglas Lane & Associates LLC (0.00%), Stonebridge Capital Management Inc. (0.00%), Park Avenue Securities LLC (0.00%) and Gateway Investment Advisers LLC (0.00%). How do I buy shares of Ferrari? Shares of RACE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Ferrari have any subsidiaries? The following companies are subsidiares of Ferrari: Ferrari (HK) Limited, Ferrari Australasia Pty Limited, Ferrari Central Europe GmbH (1), Ferrari Far East Pte Limited, Ferrari Financial Services Inc., Ferrari International Cars Trading (Shanghai) Co. L.t.d., Ferrari Japan KK, Ferrari Management Consulting (Shanghai) Co. L.t.d., Ferrari North America Inc., Ferrari S.p.A., Ferrari South West Europe S.a.r.l., G.S.A. S.A., and Mugello Circuit S.p.A..Read More This page (NYSE:RACE) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingBiden’s $374B Giveaway Into This SectorDTIForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHe Is Giving Away BitcoinCrypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesThe #1 Crypto for 2024InvestorPlaceHow Biden has already won 2024Porter & CompanyOptions trading has suddenly become more reliable.Eagle Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ferrari Please log in to your account or sign up in order to add this asset to your watchlist. 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