NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis → The Gold Grab of the Century (From Colonial Metals) (Ad) Free RACE Stock Alerts $401.00 -26.66 (-6.23%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$401.00▼$420.7850-Day Range$401.00▼$439.5952-Week Range$283.20▼$442.80Volume965,545 shsAverage Volume308,218 shsMarket CapitalizationN/AP/E Ratio53.83Dividend 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/Downside3.2% Upside$413.86 Price TargetShort InterestBearish1.47% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.29Based on 48 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.1.86 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 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ferrari's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.47% of the float of Ferrari has been sold short.Short Interest Ratio / Days to CoverFerrari has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Ferrari has recently increased by 9.88%, indicating that investor sentiment is decreasing significantly. 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 28.51% 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 0.29. 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 48 news articles for Ferrari this week, compared to 38 articles on an average week.Search InterestOnly 27 people have searched for RACE on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.MarketBeat Follows8 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is an increase of 14% 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.Read more about Ferrari's insider trading history. 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 53.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 53.83, 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 15.61.Price to Earnings Growth RatioFerrari has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 27.02. 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 Colonial MetalsThe Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. 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 HeadlinesMay 7, 2024 | msn.comFerrari's disappointing shipments, 2024 guidance overshadows 'positive' Q1May 7, 2024 | msn.comWhy Are Luxury Sports Car Maker Ferrari's Shares Driving Lower Today?May 8, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 7, 2024 | msn.comFerrari shares decline as it sticks to full-year forecastsMay 7, 2024 | msn.comRACE Earnings: Ferrari Drops After Q1 NumbersMay 7, 2024 | msn.comFrom a Ferrari Debut to a New F1 Winner: Here's What We Saw at the Miami Grand PrixMay 7, 2024 | finance.yahoo.com3 High-Energy Leaders: 1 Rallies On EarningsMay 7, 2024 | investopedia.comFerrari Falls Despite Earnings Beat as Shipments Remain FlatMay 8, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 7, 2024 | investorplace.comRACE Stock Earnings: Ferrari Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | finance.yahoo.comFerrari sticks to 2024 guidance after Q1 earnings riseMay 7, 2024 | finance.yahoo.comFerrari, UBS, UniCredit: Stocks in Focus OverseasMay 7, 2024 | reuters.comFerrari's core earnings rose in Q1, sticks to FY guidanceMay 7, 2024 | globenewswire.comRobust Mix Sustained a Strong Start to the YearMay 7, 2024 | msn.com'Updates for Verstappen and RB20 at Imola, also improvements for Ferrari'May 6, 2024 | msn.comIstituto Marangoni Miami Celebrates Rocco Iannone, Creative Director of Ferrari, With Honorary DegreeMay 6, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Consumer Cyclical Stocks: Wingstop (WING), Ferrari (RACE)May 6, 2024 | msn.comMiami Grand Prix conclusions: McLaren, not Ferrari, are Red Bull’s biggest threatMay 6, 2024 | msn.comFormula 1 results at Miami change overnight after driver hit with penalty hours after raceMay 6, 2024 | msn.comThis Race-Ready Ferrari F355 Challenge is Selling Wednesday on Bring a TrailerMay 6, 2024 | investorplace.comStock Market Crash Alert: 3 Must-Buy Auto Stocks When Prices PlungeMay 6, 2024 | globenewswire.comFerrari N.V.: Periodic Report on the Buyback ProgramMay 5, 2024 | msn.comLeclerc convinced Ferrari is closer to Red Bull on F1 race pace in MiamiMay 5, 2024 | msn.com10 Reasons to Fall in Love with the Ferrari 365 GTB/4May 5, 2024 | msn.comLeclerc hits out at CONTROVERSIAL Ferrari liveryMay 5, 2024 | msn.comWhat types of blue has Ferrari chosen and why?May 4, 2024 | msn.comVasseur adamant Ferrari should've got pole position: 'We're frustrated'See 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 Earnings11/02/2021Ex-Dividend for 5/3 Dividend4/22/2024Dividend Payable5/03/2024Today5/08/2024Fiscal 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+3.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.45 Trailing P/E Ratio53.83 Forward P/E Ratio48.26 P/E Growth3.29Net 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$7.90 per share Price / Cash Flow50.79 Book Value$14.84 per share Price / Book27.02Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.98 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 CompetitorsHonda MotorNYSE:HMCVinFast AutoNASDAQ:VFSChijet MotorNASDAQ:CJETLightning eMotorsNYSE:ZEVFaraday Future Intelligent ElectricNASDAQ:FFIEView All CompetitorsInstitutional OwnershipThoroughbred Financial Services LLCSold 3,289 shares on 5/8/2024Ownership: 0.000%YCG LLCBought 25 shares on 5/7/2024Ownership: 0.000%Oppenheimer & Co. Inc.Sold 100 shares on 5/7/2024Ownership: 0.000%Atomi Financial Group Inc.Bought 88 shares on 5/7/2024Ownership: 0.000%Obermeyer Wood Investment Counsel LllpSold 350 shares on 5/7/2024Ownership: 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 twelve months. 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 Wall Street research analysts have issued 12 month price targets for Ferrari's shares. Their RACE share price targets range from $260.00 to $512.00. On average, they expect the company's stock price to reach $413.86 in the next twelve months. This suggests a possible upside of 3.2% 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 at the start of the year. Since then, RACE shares have increased by 18.5% and is now trading at $401.00. View the best growth stocks for 2024 here. How were Ferrari's earnings last quarter? Ferrari (NYSE:RACE) posted its quarterly earnings data on Tuesday, November, 2nd. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.04. The firm earned $1.24 billion during the quarter, compared to analyst estimates of $1.26 billion. Ferrari had a net margin of 21.06% and a trailing twelve-month return on equity of 43.84%. During the same quarter in the previous year, the business earned $1.08 EPS. How often does Ferrari pay dividends? What is the dividend yield for Ferrari? Ferrari declared 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 ETFs hold Ferrari's stock? ETFs with the largest weight of Ferrari (NYSE:RACE) stock in their portfolio include Alpha Architect International Quantitative Momentum ETF (IMOM). What guidance has Ferrari issued on next quarter's earnings? Ferrari issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 8.150- for the period, compared to the consensus earnings per share estimate of 8.370. The company issued revenue guidance of $7.0 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 retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (0.00%), Bank of New York Mellon Corp (0.00%), WCM Investment Management LLC (0.00%), Swiss National Bank (0.00%), Jennison Associates LLC (0.00%) and Rheos Capital Works Inc. (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 5/8/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorGold Set to EXPLODE!Gold Safe ExchangeConflict In Israel Sends Gold Soaring ???? 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