NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis → Your Money is Not Safe (From American Alternative) (Ad) Free RACE Stock Alerts $435.94 -3.22 (-0.73%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$435.56▼$438.6850-Day Range$333.15▼$439.5952-Week Range$267.80▼$442.80Volume176,385 shsAverage Volume251,552 shsMarket CapitalizationN/AP/E Ratio58.52Dividend YieldN/APrice Target$337.00 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 RatingHold2.30 Rating ScoreUpside/Downside22.7% Downside$337.00 Price TargetShort InterestHealthy1.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 32 Articles This WeekInsider TradingN/AProj. Earnings Growth10.65%From $8.45 to $9.35 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.0.99 out of 5 stars 1.2 Analyst's Opinion Consensus RatingFerrari has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $337.00, Ferrari has a forecasted downside of 22.7% from its current price of $435.94.Amount of Analyst CoverageFerrari has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 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 4.9.Change versus previous monthShort interest in Ferrari has recently decreased by 5.26%, indicating that investor sentiment is improving significantly. 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 2.0 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.56. 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 Interest28 people have searched for RACE on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 10.65% in the coming year, from $8.45 to $9.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ferrari is 58.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 58.52, 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 14.99.Price to Earnings Growth RatioFerrari has a PEG Ratio of 5.16. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 29.38. 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 Porter & CompanyBombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.All the facts are 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 HeadlinesMarch 29, 2024 | msn.comRed Bull now pressured into MISTAKES insists F1 rivals as title race heats upMarch 29, 2024 | mirror.co.ukOliver Bearman set for 2025 F1 race seat - if Ferrari meet one demandMarch 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 29, 2024 | msn.comAt 51.8x Forward Earnings, Can Ferrari Stock (NYSE:RACE) Keep Rising?March 29, 2024 | investorplace.com3 Stocks to Sell as the Fear and Greed Index Hovers on ‘Extreme Greed'March 28, 2024 | msn.comFerrari And SK On Speed Ahead With Renewed Battery Tech Collaboration: DetailsMarch 28, 2024 | investorplace.com3 Luxury Stocks Poised to Benefit from China's Economic ComebackMarch 28, 2024 | msn.comFerrari urged to hand ‘blank cheque’ to Max Verstappen for his ‘three-tenth’ advantageMarch 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 27, 2024 | msn.comLeclerc Was Confident Ferrari Could Secure Victory in F1 Australian Grand Prix from FP1March 27, 2024 | msn.com‘Ford v Ferrari’ And Other Best Auto-Racing Movies To Fuel Your Need For SpeedMarch 27, 2024 | mirror.co.ukCarlos Sainz speaking to "many F1 team principals" as Ferrari star's 2025 options emergeMarch 27, 2024 | msn.comFerrari to expand cooperation with battery supplier SK OnMarch 25, 2024 | msn.comF1 Las Vegas Grand Prix: How to buy tickets for 2024 F1 raceMarch 25, 2024 | msn.comJapanese Grand Prix 2024: When is the race, qualifying, past results and where to watchMarch 25, 2024 | globenewswire.comFerrari N.V.: Periodic Report on the Buyback ProgramMarch 25, 2024 | barrons.comFerrari Flair To Mercedes Despair: Three Australian GP Talking PointsMarch 25, 2024 | msn.comMotor racing-Ferrari revel in putting Red Bull under pressureMarch 24, 2024 | msn.comLewis Hamilton’s miserable start to the season gives one clear verdict on Ferrari moveMarch 24, 2024 | msn.comFrom Hospital Bed to F1 Race Winner in Two WeeksMarch 24, 2024 | msn.comF1 Australian Grand Prix: Sainz wins in Ferrari one-two after fire forces Red Bull’s Verstappen to quit raceMarch 24, 2024 | msn.comMotor racing-'Life is crazy,' says Ferrari's Sainz after comeback win in AustraliaMarch 24, 2024 | msn.comFerrari celebrates in Melbourne after early Verstappen exitMarch 24, 2024 | msn.comF1 Australian Grand Prix LIVE: Race result and standings as Carlos Sainz wins for FerrariMarch 24, 2024 | msn.comFerrari’s Carlos Sainz wins Australian Grand Prix after Max Verstappen retiresMarch 24, 2024 | msn.comAustralian GP 2024: Ferrari's Carlos Sainz Wins 1st Race Of F1 Season, Beats Charles Leclerc & Lando Norris To Take Top PodiumMarch 24, 2024 | barrons.comSainz Wins Australian GP In Ferrari 1-2 As Verstappen Fails To FinishSee 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 Earnings2/01/2024Today3/29/2024Next Earnings (Estimated)5/02/2024Fiscal 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$337.00 High Stock Price Target$448.00 Low Stock Price Target$260.00 Potential Upside/Downside-22.7%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.45 Trailing P/E Ratio58.52 Forward P/E Ratio51.59 P/E Growth5.16Net 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$8.41 per share Price / Cash Flow51.84 Book Value$14.84 per share Price / Book29.38Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.97 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. John Jacob Philip Elkann (Age 48)Executive Chairman Comp: $1.65MMr. Benedetto Vigna (Age 55)CEO & Executive Director Comp: $5.11MMr. 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:VFSVolconNASDAQ:VLCNLightning eMotorsNYSE:ZEVView All CompetitorsInstitutional OwnershipNewbridge Financial Services Group Inc.Sold 42 shares on 3/28/2024Ownership: 0.000%HighPoint Advisor Group LLCBought 976 shares on 3/26/2024Ownership: 0.000%Quadrature Capital LtdBought 75,481 shares on 3/25/2024Ownership: 0.041%PNC Financial Services Group Inc.Bought 456 shares on 3/22/2024Ownership: 0.000%Healthcare of Ontario Pension Plan Trust FundSold 22,531 shares on 3/21/2024Ownership: 0.000%View All Institutional Transactions RACE Stock Analysis - Frequently Asked Questions Should I buy or sell Ferrari stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 1-year price targets for Ferrari's stock. Their RACE share price targets range from $260.00 to $448.00. On average, they predict the company's share price to reach $337.00 in the next twelve months. This suggests that the stock has a possible downside of 22.7%. 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 beginning of 2024. Since then, RACE stock has increased by 28.8% and is now trading at $435.94. View the best growth stocks for 2024 here. Are investors shorting Ferrari? Ferrari saw a increase in short interest in February. As of February 29th, there was short interest totaling 1,710,000 shares, an increase of 17.9% from the February 14th total of 1,450,000 shares. Based on an average daily trading volume, of 357,000 shares, the short-interest ratio is presently 4.8 days. Currently, 1.4% of the company's stock are sold short. View Ferrari's Short Interest. When is Ferrari's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our RACE earnings forecast. How were Ferrari's earnings last quarter? Ferrari (NYSE:RACE) issued its earnings results on Thursday, February, 1st. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.59 by $0.15. The firm 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 declared an annual dividend on Tuesday, April 18th. Stockholders of record on Tuesday, April 25th will be paid a dividend of $1.9876 per share on Friday, May 5th. This represents a yield of 0.5%. The ex-dividend date of this dividend is Monday, April 24th. This is a positive change from the stock's previous annual dividend of $1.36. 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 earnings per share 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 shareholders include Baillie Gifford & Co. (0.00%), Vanguard Group Inc. (0.00%), Vanguard Group Inc. (2.43%), Bank of Italy (1.23%), Price T Rowe Associates Inc. MD (0.00%) and Norges Bank (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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeYour Money is Not SafeAmerican AlternativeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaThe ONE AI Sock to own now. (It’s not Nvidia.)Weiss Ratings“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press 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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