NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis → Don’t Miss Out on the AI Gold Rush That’s Just Getting Started (From Banyan Hill Publishing) (Ad) Free RACE Stock Alerts $410.27 +4.20 (+1.03%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$405.51▼$410.9250-Day Range$377.22▼$439.5952-Week Range$273.39▼$442.80Volume178,946 shsAverage Volume219,998 shsMarket CapitalizationN/AP/E Ratio55.07Dividend YieldN/APrice Target$413.86 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/Downside0.9% Upside$413.86 Price TargetShort InterestBearish1.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 49 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.1.77 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 7 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 0.8 Dividend Strength Dividend YieldFerrari does not currently pay a dividend.Dividend GrowthFerrari has only been increasing its dividend for 3 years.Dividend SustainabilityBased on earnings estimates, Ferrari will have a dividend payout ratio of 28.29% next year. This indicates that Ferrari will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RACE. Previous Next 2.4 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.27. 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 49 news articles for Ferrari this week, compared to 37 articles on an average week.Search Interest23 people have searched for RACE on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is a decrease of -10% 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 55.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 55.07, 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 15.35.Price to Earnings Growth RatioFerrari has a PEG Ratio of 3.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 27.65. 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 WealthPressThe system that called 2023’s top 7 stocks is at it again…Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! 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 23, 2024 | americanbankingnews.comFerrari (NYSE:RACE) Price Target Raised to $465.00April 23, 2024 | americanbankingnews.comMorgan Stanley Reaffirms "Overweight" Rating for Ferrari (NYSE:RACE)April 23, 2024 | WealthPress (Ad)The system that called 2023’s top 7 stocks is at it again…Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.April 22, 2024 | msn.comFierce Hamilton F1 rival raises timing issue for Ferrari moveApril 22, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in FerrariApril 22, 2024 | sports.yahoo.comImola showed why Ferrari’s Hypercar program is still a work in progressApril 22, 2024 | msn.comWhy are Ferraris Always Red? Unveiling a Racing Legend's TraditionApril 22, 2024 | globenewswire.comFERRARI TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTS ON MAY 7April 23, 2024 | WealthPress (Ad)The system that called 2023’s top 7 stocks is at it again…Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.April 22, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Coty (COTY) and Ferrari (RACE)April 22, 2024 | msn.comYes, There Is An Official Ferrari Motorcycle In The World - Here Are The DetailsApril 22, 2024 | msn.comFerrari admits to two strategic errors after losing Imola WEC raceApril 22, 2024 | finance.yahoo.comFerarri price target lifted by Evercore ISI on growth outlookApril 22, 2024 | fortune.comFerrari’s CEO has nearly doubled its share price since 2021—he credits smaller teams and cutting the company’s ‘bureaucratic mass index’April 22, 2024 | globenewswire.comFerrari N.V.: Periodic Report on the Buyback ProgramApril 21, 2024 | sports.yahoo.comToyota strategy outguns Ferrari to win Imola 6 Hours – full reportApril 21, 2024 | msn.comAnother race, another victory for Red Bull's Max Verstappen at Chinese GPApril 21, 2024 | msn.comNorris proven wrong with CHEEKY Ferrari F1 'bet' - Top three verdictApril 21, 2024 | msn.comPorsche and Toyota believe Ferrari "out of reach" for WEC Imola raceApril 21, 2024 | msn.comFerrari’s Hard Tire Woes Puzzle Leclerc in Chinese Grand PrixApril 21, 2024 | businessinsider.comFerrari's CEO likes to run the luxury car company like a tech startupApril 20, 2024 | msn.comFerrari F1 star concedes key advantage in crucial team-mate battleApril 20, 2024 | msn.comFerrari F1 drivers split over China sprint race clash talksApril 20, 2024 | seekingalpha.comEnsemble Capital - Ferrari: This Stock Has Been On A TearApril 20, 2024 | americanbankingnews.comFerrari (NYSE:RACE) PT Raised to $512.00April 20, 2024 | msn.comNico Rosberg Suffers Flashbacks of 'Brocedes' Crash Watching Ferrari Teammates Battle at Chinese Grand PrixApril 20, 2024 | mirror.co.ukCarlos Sainz blasted by Charles Leclerc as Ferrari team-mates clash at Chinese Grand PrixSee 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 Earnings2/01/2024Ex-Dividend for 5/3 Dividend4/22/2024Today4/23/2024Dividend 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$413.86 High Stock Price Target$512.00 Low Stock Price Target$260.00 Potential Upside/Downside+0.9%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.45 Trailing P/E Ratio55.07 Forward P/E Ratio49.37 P/E Growth3.13Net 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 Flow48.24 Book Value$14.84 per share Price / Book27.65Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.97 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 OwnershipSapient Capital LLCSold 125 shares on 4/23/2024Ownership: 0.000%Raymond James Financial Services Advisors Inc.Bought 5,669 shares on 4/23/2024Ownership: 0.000%Outlook Wealth Advisors LLCBought 167 shares on 4/22/2024Ownership: 0.000%Drive Wealth Management LLCBought 44 shares on 4/22/2024Ownership: 0.000%Forza Wealth Management LLCBought 500 shares on 4/22/2024Ownership: 0.000%View All Institutional Transactions RACE Stock Analysis - Frequently Asked Questions Should I buy or sell Ferrari stock right now? 10 Wall Street 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 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 brokers have issued twelve-month price objectives for Ferrari's stock. Their RACE share price targets range from $260.00 to $512.00. On average, they expect the company's share price to reach $413.86 in the next year. This suggests a possible upside of 0.9% from the stock's current price. 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 on January 1st, 2024. Since then, RACE shares have increased by 21.2% and is now trading at $410.27. 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 can I listen to Ferrari's earnings call? Ferrari will be holding an earnings conference call on Tuesday, May 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Ferrari's earnings last quarter? Ferrari (NYSE:RACE) posted its earnings results on Thursday, February, 1st. The company reported $1.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.59 by $0.15. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates 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 given a dividend of $2.443 per share on Friday, May 3rd. This represents a dividend yield of 0.62%. The ex-dividend date of this dividend is Monday, April 22nd. Read our dividend analysis for RACE. What ETF holds Ferrari's stock? Alpha Architect International Quantitative Momentum ETF holds 3,935 shares of RACE stock, representing 1.99% of its portfolio. What guidance has Ferrari issued on next quarter's earnings? Ferrari updated its FY 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share (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 many different institutional and retail investors. Top institutional investors include Rheos Capital Works Inc. (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.00%), Allspring Global Investments Holdings LLC (0.00%), Douglas Lane & Associates LLC (0.00%), Sapient Capital LLC (0.00%) and Raymond James & Associates (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 4/23/2024 by MarketBeat.com Staff From Our PartnersDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThe #1 Crypto for 2024InvestorPlaceGreat Crypto BullWeiss Ratings 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
